National Health Investors, Inc. NHI
67.79 USD -3.44 (-4.83%)
At closeNov 11, 2026, 6:45 AM EST
67.49 -0.31 -0.45%
Pre-market · Nov 11, 6:45 AM ET
66.21 Day range 70.35
63.51 52-week range 91.38
- YTD
- -11.23%
- 1 year
- -11.64%
- Market cap
- 3.33B
- Revenue (ttm)
- 459.35M
- Profit margin
- 151.84%
- EPS (ttm)
- 14.32
- Shares out
- 49.11M
- P/E ratio
- 4.73
- Forward P/E
- 19.65
- Dividend
- 3.76 (5.27%)
- Ex-dividend date
- Sep 29, 2026
- YTD return
- -11.23%
- 1-year return
- -11.64%
- Volume
- 543.34K
- Avg volume
- 337.73K
- Open
- 68.70
- Previous close
- 71.23
- Day's range
- 66.21 – 70.35
- 52-week range
- 63.51 – 91.38
- Analysts
- Buy
- Price target
- 78.50 (+15.8%)
- Earnings date
- Feb 25, 2027
5D -2.53 (-3.60%)
Key statistics
- Enterprise value
- 4.51B
- PEG ratio
- 4.76
- Price / sales
- 7.25
- Price / book
- 1.59
- Dividend yield
- 5.28%
- Payout ratio
- 106.36%
- Revenue growth
- 26.20%
- Free cash flow
- -27.90M
- Total cash
- 46.56M
- Total debt
- 1.04B
- Return on equity
- 38.61%
- Short % of float
- 4.65%
- 50-day average
- 67.80
- 200-day average
- 76.10
Analyst view
Consensus: buy
Buy
Price target (mean) 78.50 +15.8% upside
Now 67.79
- Target (low)
- 65.00
- Target (mean)
- 78.50
- Target (high)
- 90.00
Ratings (0m) 8 5 buy · 3 hold · 0 sell
- Strong buy0
- Buy5
- Hold3
- Sell0
- Strong sell0
Next earnings
Feb 25, 2027
Expected Feb 25, 2027. Consensus EPS estimate 0.79.
Financials — quick view
NHI Revenue — quarterly 113.48M
NHI Net income — quarterly 563.52M
NHI EPS — quarterly 11.47
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 25, 2027 | Dec 30, 2026 | 0.738 | — | — | — |
| Nov 9, 2026 | Sep 30, 2026 | 1.18 | 11.47 | +10.29 | +872.03% |
| Aug 10, 2026 | Jun 30, 2026 | 0.843 | 1.19 | +0.35 | +41.16% |
| May 4, 2026 | Mar 31, 2026 | 1.21 | 0.83 | -0.38 | -31.40% |
| Feb 26, 2026 | Dec 31, 2025 | 0.801 | 0.80 | 0.00 | -0.12% |
| Nov 6, 2025 | Sep 30, 2025 | 1.24 | 0.69 | -0.55 | -44.35% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 19, 2026 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Sep 2, 2026 | Truist Securities | main | Buy | Buy |
| Sep 1, 2026 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Jun 25, 2026 | Deutsche Bank | main | Hold | Hold |
| Jun 15, 2026 | BMO Capital | main | Outperform | Outperform |
| Jun 12, 2026 | Truist Securities | main | Buy | Buy |
About National Health Investors, Inc.
National Health Investors, Inc. is a self-managed real estate investment trust (REIT). The Company owns, leases, operates and finances the development of high-quality real estate properties in the United States, focusing on senior housing communities and medical facilities. The Company operates through two reportable segments, Real Estate Investments and SHOP. The Company's real estate property investments include independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities and hospitals. National Health Investors, Inc. was established on October 15th, 1991, and was incorporated in 1991 in Maryland and is based in Murfreesboro, Tennessee.
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- Country
- United States
- Website
- nhireit.com
News
National Health Investors Q3 Earnings Call Highlights 
National Health Investors, Inc. (NHI) Q3 2026 Earnings Call Transcript 
National Health Investors Q3 2026 Earnings Call Transcript 
National Health Investors (NHI) Misses Q3 FFO and Revenue Estimates 
National Health Investors Lowers FY2026 FFO Guidance from $4.74-$4.79 to $4.68-$4.70 vs $4.76 Est 
National Health Investors Q3 FFO $1.12 Misses $1.14 Estimate, Sales $113.483M Beat $107.737M Estimate 
NHI Issues Investor Update 
NHI Announces Third Quarter 2026 Results 
1 Expensive REIT To Sell And 1 Cheaper REIT To Buy 
Rates Up, REITs Down? Think Again
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ADAMS ROBERT G. | Director | Conversion of Exercise of derivative security | Jan 26, 2026 | 0 |
| COLDEN TRACY M J | Director | Stock Award(Grant) | Mar 2, 2026 | 12,858 |
| GAINES KRISTIN SALLEE | Officer | Conversion of Exercise of derivative security | Jan 29, 2026 | 73,763 |
| JOBE JAMES R | Director | Stock Gift | Jun 4, 2026 | 35,040 |
| MCCABE ROBERT A. JR. | Director | Purchase | Jun 14, 2026 | 44,159 |
| MENDELSOHN D ERIC | Chief Executive Officer | Purchase | Jun 4, 2026 | 133,316 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 17.78% | 8,733,237 | 592.03M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 9.43% | 4,630,646 | 313.91M | Jun 29, 2026 |
| State Street Corporation | 5.57% | 2,735,937 | 185.47M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.27% | 2,099,145 | 142.30M | Jun 29, 2026 |
| Principal Financial Group, Inc. | 4.07% | 1,997,739 | 135.43M | Sep 29, 2026 |
| Bank Of New York Mellon Corporation | 3.99% | 1,957,147 | 132.67M | Sep 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.95% | 2,924,346 | 198.24M | Sep 29, 2026 |
| VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund | 3.57% | 1,750,854 | 118.69M | Jul 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.97% | 1,459,676 | 98.95M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.58% | 1,268,277 | 85.98M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.15% | 1,057,147 | 71.66M | Jun 29, 2026 |
| Principal Funds, Inc-Real Estate Securities Fund | 1.71% | 840,085 | 56.95M | Jul 30, 2026 |