National Health Investors (NYSE:NHI) Stock Bumped Down to “Underperform” by Bank of America

Bank of America cut shares of National Health Investors (NYSE:NHI) from a buy rating to an underperform rating in a report issued on Friday, MarketBeat Ratings reports. Bank of America currently has $67.00 target price on the real estate investment trust’s stock, down from their prior target price of $86.00.

A number of other equities analysts have also issued reports on the stock. Wells Fargo & Company dropped their target price on shares of National Health Investors from $78.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Huntington initiated coverage on shares of National Health Investors in a report on Monday, November 9th. They issued a “strong-buy” rating for the company. Weiss Ratings lowered shares of National Health Investors from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Truist Financial decreased their price target on shares of National Health Investors from $81.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, September 2nd. Finally, Zacks Research upgraded shares of National Health Investors from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $79.44.

National Health Investors Price Performance

Shares of NYSE:NHI opened at $63.07 on Friday. National Health Investors has a one year low of $62.70 and a one year high of $91.38. The stock has a fifty day moving average of $67.30 and a 200-day moving average of $75.85. The company has a market capitalization of $3.10 billion, a PE ratio of 4.43, a price-to-earnings-growth ratio of 4.12 and a beta of 0.51. The company has a debt-to-equity ratio of 0.50, a quick ratio of 6.78 and a current ratio of 13.59.

National Health Investors (NYSE:NHI) last posted its quarterly earnings results on Monday, November 9th. The real estate investment trust reported $11.47 EPS for the quarter, topping the consensus estimate of $1.18 by $10.29. National Health Investors had a net margin of 152.82% and a return on equity of 41.41%. The business had revenue of $113.48 million during the quarter, compared to analysts’ expectations of $68.53 million. As a group, equities analysts anticipate that National Health Investors will post 4.76 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 29th. Shareholders of record on Thursday, December 31st will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 5.8%. The ex-dividend date is Thursday, December 31st. National Health Investors’s dividend payout ratio (DPR) is 26.40%.

Institutional Trading of National Health Investors

A number of hedge funds and other institutional investors have recently modified their holdings of NHI. Polymer Capital Management US LLC bought a new stake in shares of National Health Investors during the third quarter worth approximately $320,000. Resona Asset Management Co. Ltd. lifted its holdings in National Health Investors by 1.6% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 21,602 shares of the real estate investment trust’s stock worth $1,438,000 after purchasing an additional 331 shares during the last quarter. Private Advisor Group LLC boosted its stake in National Health Investors by 4.1% in the 3rd quarter. Private Advisor Group LLC now owns 15,791 shares of the real estate investment trust’s stock valued at $1,036,000 after purchasing an additional 620 shares during the period. Public Sector Pension Investment Board boosted its stake in National Health Investors by 37.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 227,035 shares of the real estate investment trust’s stock valued at $14,891,000 after purchasing an additional 61,326 shares during the period. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in National Health Investors in the 3rd quarter valued at $754,000. Institutional investors and hedge funds own 62.51% of the company’s stock.

Key Headlines Impacting National Health Investors

Investors following NHI have been watching these headlines:

• Positive Sentiment: Huntington maintained a “Strong-Buy” rating and projected EPS growth from $4.76 in FY2026 to $5.00 in FY2027 and $5.27 in FY2028, offering a positive counterpoint to the downgrade. National Health Investors analyst estimates
• Neutral Sentiment: NHI adopted indemnification agreements for directors and officers. The update describes a governance measure and does not indicate a direct change to operations or financial outlook. Indemnification agreements announcement
• Negative Sentiment: Bank of America cut NHI from “Buy” to “Underperform” and lowered its price target from $86 to $67. That sharp reduction signals weaker analyst confidence and is the clearest pressure on the shares, although the new target remains above the quoted share price. Bank of America downgrade

About National Health Investors

National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust that owns and finances properties used for senior housing and health care. Founded in 1991, the company is headquartered in Murfreesboro, Tennessee. NHI’s portfolio includes senior housing communities, such as independent living, assisted living and memory care properties, as well as skilled nursing facilities. It typically works with health care operators through property leases and mortgage loans. The company serves markets across the United States.