National Health Investors (NYSE:NHI) Hits New 52-Week Low – Here’s Why

National Health Investors, Inc. (NYSE:NHI) shares hit a new 52-week low on Tuesday. The stock traded as low as $64.51 and last traded at $65.0710, with a volume of 20610 shares trading hands. The stock had previously closed at $65.02.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on NHI shares. National Bank Financial set a $79.00 target price on National Health Investors in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft dropped their target price on National Health Investors from $85.00 to $80.00 and set a “hold” rating on the stock in a research report on Thursday, June 25th. Truist Financial reduced their price objective on shares of National Health Investors from $81.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, September 2nd. Zacks Research raised National Health Investors from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of National Health Investors in a report on Wednesday, September 23rd. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.25.

National Health Investors Trading Up 0.6%

The firm has a market cap of $3.21 billion, a PE ratio of 18.92, a price-to-earnings-growth ratio of 3.51 and a beta of 0.49. The company has a current ratio of 6.78, a quick ratio of 6.78 and a debt-to-equity ratio of 0.81. The company has a 50-day simple moving average of $71.30 and a 200 day simple moving average of $75.35.

National Health Investors (NYSE:NHI) last issued its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The business had revenue of $121.32 million during the quarter. During the same quarter last year, the company posted $1.22 EPS. The company’s revenue was up 1.6% on a year-over-year basis. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, sell-side analysts forecast that National Health Investors, Inc. will post 4.76 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Wednesday, September 30th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Wednesday, September 30th. National Health Investors’s payout ratio is presently 108.67%.

Hedge Funds Weigh In On National Health Investors

A number of hedge funds have recently made changes to their positions in NHI. EverSource Wealth Advisors LLC boosted its position in shares of National Health Investors by 34.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 626 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 160 shares in the last quarter. Assetmark Inc. grew its position in shares of National Health Investors by 13.5% in the first quarter. Assetmark Inc. now owns 1,356 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 161 shares during the last quarter. Inspire Investing LLC increased its position in National Health Investors by 3.2% during the first quarter. Inspire Investing LLC now owns 6,310 shares of the real estate investment trust’s stock worth $510,000 after buying an additional 198 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in National Health Investors by 1.4% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,214 shares of the real estate investment trust’s stock worth $1,162,000 after purchasing an additional 204 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of National Health Investors by 108.5% in the third quarter. Versant Capital Management Inc now owns 415 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 216 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

About National Health Investors

National Health Investors, Inc (NYSE:NHI) is a self-managed real estate investment trust that owns and finances healthcare-related real estate. The company primarily invests in properties used by seniors and patients, including senior housing communities, skilled nursing facilities, medical office buildings and other healthcare facilities.

NHI generally leases its properties to healthcare operators under long-term agreements and may provide mortgage or other financing to support the development and operation of healthcare real estate.