National Health Investors (NYSE:NHI) Given New $84.00 Price Target at Wells Fargo & Company
by Michael Walen · The Markets DailyNational Health Investors (NYSE:NHI – Get Free Report) had its price target reduced by stock analysts at Wells Fargo & Company from $86.00 to $84.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 7.78% from the stock’s previous close.
A number of other research analysts also recently issued reports on the company. National Bank Financial set a $85.00 price objective on National Health Investors in a research note on Tuesday, January 20th. Truist Financial reduced their price objective on National Health Investors from $92.00 to $89.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of National Health Investors in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft downgraded National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research note on Tuesday, January 20th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $94.00 price target on shares of National Health Investors in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, National Health Investors has a consensus rating of “Moderate Buy” and an average price target of $87.50.
National Health Investors Stock Performance
NYSE:NHI traded down $5.41 during trading on Wednesday, reaching $77.94. The company’s stock had a trading volume of 313,695 shares, compared to its average volume of 281,865. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 25.81, a price-to-earnings-growth ratio of 4.60 and a beta of 0.63. The company has a debt-to-equity ratio of 0.76, a quick ratio of 6.90 and a current ratio of 6.90. The firm has a 50 day moving average of $85.52 and a 200-day moving average of $80.44. National Health Investors has a 12 month low of $68.80 and a 12 month high of $91.38.
National Health Investors (NYSE:NHI – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.01). The business had revenue of $105.82 million during the quarter, compared to the consensus estimate of $95.12 million. National Health Investors had a net margin of 37.81% and a return on equity of 9.56%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.24 EPS. National Health Investors has set its FY 2026 guidance at 4.940-4.990 EPS. Research analysts expect that National Health Investors will post 5.05 EPS for the current fiscal year.
Institutional Trading of National Health Investors
A number of institutional investors have recently added to or reduced their stakes in NHI. International Assets Investment Management LLC purchased a new stake in shares of National Health Investors in the 4th quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of National Health Investors by 244.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 406 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 288 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of National Health Investors in the 4th quarter valued at about $33,000. GAMMA Investing LLC raised its holdings in shares of National Health Investors by 41.8% in the 4th quarter. GAMMA Investing LLC now owns 461 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 136 shares in the last quarter. Finally, Key Capital Management INC purchased a new stake in shares of National Health Investors in the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 62.51% of the company’s stock.
About National Health Investors
National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.
Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.