National Health Investors (NYSE:NHI) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.47-5.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.51. National Health Investors also updated its FY 2018 guidance to $3.73-3.75 EPS.
NHI stock traded down $1.22 during midday trading on Tuesday, reaching $72.97. The company had a trading volume of 1,031 shares, compared to its average volume of 195,950. The company has a quick ratio of 15.56, a current ratio of 15.56 and a debt-to-equity ratio of 0.90. National Health Investors has a fifty-two week low of $62.71 and a fifty-two week high of $81.60. The company has a market cap of $3.08 billion, a P/E ratio of 13.61, a PEG ratio of 3.13 and a beta of 0.30.
National Health Investors (NYSE:NHI) last issued its quarterly earnings data on Tuesday, August 7th. The real estate investment trust reported $0.91 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.05). The business had revenue of $72.96 million for the quarter, compared to analyst estimates of $73.80 million. National Health Investors had a return on equity of 11.49% and a net margin of 53.16%. Analysts expect that National Health Investors will post 5.51 EPS for the current fiscal year.
A number of research firms have weighed in on NHI. Wells Fargo & Co restated a hold rating on shares of National Health Investors in a research report on Tuesday, August 28th. Zacks Investment Research downgraded National Health Investors from a buy rating to a hold rating in a research report on Tuesday, August 14th. Cantor Fitzgerald upped their target price on National Health Investors from $75.00 to $80.00 and gave the stock a neutral rating in a research report on Wednesday, August 8th. SunTrust Banks restated a hold rating and issued a $79.00 target price on shares of National Health Investors in a research report on Wednesday, August 8th. They noted that the move was a valuation call. Finally, Stifel Nicolaus set a $83.00 target price on National Health Investors and gave the stock a buy rating in a research report on Tuesday, August 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $75.22.
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National Health Investors Company Profile
Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.
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