National Health Investors (NHI) Updates FY 2018 Earnings Guidance

National Health Investors (NYSE:NHI) issued an update on its FY 2018 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $3.73-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.75. National Health Investors also updated its FY18 guidance to $5.47-5.51 EPS.

NHI stock traded down $1.27 during midday trading on Tuesday, hitting $72.92. The company’s stock had a trading volume of 59,154 shares, compared to its average volume of 195,950. National Health Investors has a 12 month low of $62.71 and a 12 month high of $81.60. The company has a debt-to-equity ratio of 0.90, a current ratio of 15.56 and a quick ratio of 15.56. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 3.13 and a beta of 0.30.

National Health Investors (NYSE:NHI) last posted its earnings results on Tuesday, August 7th. The real estate investment trust reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). The firm had revenue of $72.96 million for the quarter, compared to the consensus estimate of $73.80 million. National Health Investors had a net margin of 53.16% and a return on equity of 11.49%. Sell-side analysts anticipate that National Health Investors will post 5.51 EPS for the current fiscal year.

NHI has been the subject of a number of research reports. Zacks Investment Research upgraded National Health Investors from a hold rating to a buy rating and set a $83.00 target price for the company in a research report on Wednesday, July 25th. SunTrust Banks reiterated a hold rating and set 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. Stifel Nicolaus set a $83.00 target price on National Health Investors and gave the company a buy rating in a research report on Tuesday, August 7th. Cantor Fitzgerald increased their target price on National Health Investors from $75.00 to $80.00 and gave the company a neutral rating in a research report on Wednesday, August 8th. Finally, Wells Fargo & Co reiterated a hold rating on shares of National Health Investors in a research report on Tuesday, August 28th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $75.22.

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About National Health Investors

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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Earnings History and Estimates for National Health Investors (NYSE:NHI)

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