National Health Investors, Inc. (NHI) Given “Hold” Rating at BMO Capital Markets

National Health Investors, Inc. (NYSE:NHI)‘s stock had its “hold” rating restated by research analysts at BMO Capital Markets in a research report issued on Wednesday, October 18th. They presently have a $80.00 price target on the real estate investment trust’s stock. BMO Capital Markets’ price target suggests a potential upside of 2.13% from the stock’s current price.

Several other equities analysts have also commented on the stock. SunTrust Banks, Inc. assumed coverage on shares of National Health Investors in a research note on Tuesday, October 10th. They issued a “hold” rating and a $80.00 price target on the stock. Mizuho reiterated a “hold” rating and issued a $82.00 price target on shares of National Health Investors in a research note on Wednesday, October 4th. Stifel Nicolaus reissued a “buy” rating and issued a $82.00 price objective on shares of National Health Investors in a report on Wednesday, October 4th. Zacks Investment Research raised National Health Investors from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a report on Thursday, September 28th. Finally, KeyCorp reissued a “hold” rating on shares of National Health Investors in a report on Sunday, September 17th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $80.14.

National Health Investors (NYSE:NHI) traded up $0.26 during midday trading on Wednesday, reaching $78.33. 150,185 shares of the company’s stock were exchanged, compared to its average volume of 190,816. National Health Investors has a 52 week low of $66.31 and a 52 week high of $81.21. The company has a debt-to-equity ratio of 0.89, a current ratio of 12.45 and a quick ratio of 12.45. The firm has a market capitalization of $3,199.83, a PE ratio of 15.40, a P/E/G ratio of 3.86 and a beta of 0.58.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.29 by ($0.36). National Health Investors had a return on equity of 12.56% and a net margin of 59.24%. The business had revenue of $69.84 million for the quarter, compared to analysts’ expectations of $67.68 million. During the same quarter last year, the company earned $1.22 earnings per share. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. equities research analysts anticipate that National Health Investors will post 5.26 EPS for the current fiscal year.

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In related news, insider Kevin Carlton Pascoe sold 2,000 shares of National Health Investors stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $79.80, for a total value of $159,600.00. Following the sale, the insider now owns 21,228 shares of the company’s stock, valued at $1,693,994.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.19% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its stake in shares of National Health Investors by 9.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 161,309 shares of the real estate investment trust’s stock valued at $11,716,000 after buying an additional 14,297 shares during the period. BlackRock Inc. boosted its stake in shares of National Health Investors by 6,473.4% in the first quarter. BlackRock Inc. now owns 3,328,567 shares of the real estate investment trust’s stock valued at $241,753,000 after buying an additional 3,277,930 shares during the period. Bank of America Corp DE boosted its stake in shares of National Health Investors by 2.5% in the first quarter. Bank of America Corp DE now owns 388,780 shares of the real estate investment trust’s stock valued at $28,238,000 after buying an additional 9,538 shares during the period. Prudential Financial Inc. boosted its stake in shares of National Health Investors by 137.4% in the second quarter. Prudential Financial Inc. now owns 13,683 shares of the real estate investment trust’s stock valued at $1,084,000 after buying an additional 7,920 shares during the period. Finally, Tocqueville Asset Management L.P. boosted its stake in shares of National Health Investors by 2.3% in the second quarter. Tocqueville Asset Management L.P. now owns 4,400 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 100 shares during the period. 70.13% of the stock is currently owned by institutional investors.

About National Health Investors

National Health Investors, Inc is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties.

Analyst Recommendations for National Health Investors (NYSE:NHI)

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