National Health Investors, Inc. (NHI) stock price, financials & research

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 10, 2026

58/ 100

GoAI Score

Hold

Valuation

69

Undervalued

Sentiment

61

Bullish

Risk

28

Moderate Risk

Momentum

39

Weakening

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Company profile

Company website

Established in 1991, National Health Investors, Inc. (NYSE: NHI) operates as a real estate investment trust (REIT) primarily focused on providing capital for senior living and medical real estate assets. The company facilitates this through diverse financing options, including sale-leaseback arrangements, joint ventures, and various debt instruments such as mortgage and mezzanine loans, targeting properties that cater to both essential care needs and discretionary services. NHI's broad holdings feature independent living, assisted living, and memory care facilities, as well as entrance-fee retirement communities, skilled nursing homes, medical office complexes, and specialized hospitals.

Industry: REIT - Healthcare Facilities
Sector: Real Estate
Headquarters: US
CEO: D. Eric Mendelsohn
Listed since: Oct 9, 1991
Employees: 32

Market position

Day range

Current $70.88

$70.785$72.05

52-week range

Current $70.88

$67.94$91.38

Open: $71.86
Previous close: $71.91
Volume: 193.87K; 0.36× average
Average volume: 536.22K; Average daily volume
Market cap: 3.44B USD
Beta: 0.55; Market reference 1
50-day average: $75.3704; -5.96% below average
200-day average: $78.5117; -9.72% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 4.72B USD
P/E (TTM): 20.43×
P/B (TTM): 2.18×
P/S (TTM): 7.92×
EV / EBITDA: 16.75×
Earnings yield: 3.97%
Free cash flow yield: 6.15%
Dividend yield: 5.19%

Profitability & efficiency

Gross margin: 64.67%
Operating margin: 45.45%
Net margin: 38.47%
Return on equity: 9.34%
Return on assets: 5.08%
Return on invested capital: 6.97%

Financial health

Debt / equity: 0.82×
Current ratio: 2.48×
Altman Z-score: 1.61
Piotroski F-score: 6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

378.53M USD+12.93%

Operating income

194.83M USD+5.97%

Net income

142.18M USD+3.04%

Financial statements: Income statement
Metric (USD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	378.53M USD	335.18M USD	319.84M USD	278.19M USD	298.72M USD
Cost of goods sold	239.6M USD	11.17M USD	11.51M USD	9.79M USD	11.64M USD
Gross profit	138.93M USD	324.02M USD	308.32M USD	268.41M USD	287.08M USD
Selling, general, and administrative	—	21.79M USD	19.82M USD	25.32M USD	19.34M USD
Operating expenses	−55.9M USD	140.16M USD	129.53M USD	135.64M USD	101.83M USD
Interest income	23.82M USD	—	−2.65M USD	—	—
Interest expense	57.37M USD	56.12M USD	55.51M USD	42.44M USD	48.11M USD
Depreciation and amortization	83.85M USD	71.44M USD	69.97M USD	70.88M USD	80.8M USD
Operating income	194.83M USD	183.86M USD	178.79M USD	132.77M USD	185.25M USD
Net income	142.18M USD	137.99M USD	135.65M USD	66.4M USD	111.8M USD

Company facts updated Sep 7, 2026.

Earnings

EPS beat rate: 55%; 6 beats, 5 misses, 0 met estimates
Average EPS surprise: +0.77%; 11 comparable reports
Latest EPS result: 1.19; Estimate 0.84 · Beat by 41.16%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$79.50

12.16% upside

Past 12 months12-month forecastHigh $80.00Average $79.50Low $78.00

Rating distribution

19 ratings

Strong buy00%

Buy632%

Hold1263%

Sell15%

Strong sell00%

Recent analyst actions

8 institutions

Deutsche BankmaintainHoldJun 25, 2026

Cantor FitzgeraldmaintainOverweightApr 22, 2026

StifelmaintainHoldNov 28, 2023

NHI news

defenseworld.netSep 3, 2026

Primary Health Properties (OTCMKTS:PHPRF) versus National Health Investors (NYSE:NHI) Head-To-Head Review

National Health Investors (NYSE: NHI - Get Free Report) and Primary Health Properties (OTCMKTS:PHPRF - Get Free Report) are both real estate companies, but which is the superior stock? We will compare the two companies…

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defenseworld.netSep 1, 2026

Canada Pension Plan Investment Board Invests $1.23 Million in National Health Investors, Inc. $NHI

Canada Pension Plan Investment Board bought a new position in shares of National Health Investors, Inc. (NYSE: NHI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities…

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zacks.comAug 31, 2026

CUZ vs. NHI: Which Stock Should Value Investors Buy Now?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Cousins Properties (CUZ) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for…

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defenseworld.netAug 29, 2026

Beacon Pointe Advisors LLC Acquires New Stake in National Health Investors, Inc. $NHI

Beacon Pointe Advisors LLC bought a new stake in shares of National Health Investors, Inc. (NYSE: NHI) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange…

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defenseworld.netAug 24, 2026

Deutsche Bank AG Acquires Shares of 121,326 National Health Investors, Inc. $NHI

Deutsche Bank AG acquired a new stake in National Health Investors, Inc. (NYSE: NHI) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired…

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defenseworld.netAug 24, 2026

BlackRock Inc. Buys New Position in National Health Investors, Inc. $NHI

BlackRock Inc. bought a new position in shares of National Health Investors, Inc. (NYSE: NHI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund…

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Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.64

2025 complete year-4.3% since 2021

2026 partial: $1.84

$3.8025

2,021

$3.60

2,022

$3.60

2,023

$3.60

2,024

$3.64

2,025

$1.84

2,026*

* Partial calendar year in the available dividend history.

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
DividendUpcoming	Sep 30, 2026	$0.94Quarterly	Sep 30, 2026	Nov 6, 2026
Dividend	Jun 30, 2026	$0.92Quarterly	Jun 30, 2026	Aug 7, 2026
Dividend	Mar 31, 2026	$0.92Quarterly	Mar 31, 2026	May 1, 2026
Dividend	Dec 31, 2025	$0.92Quarterly	Dec 31, 2025	Jan 30, 2026
Dividend	Sep 30, 2025	$0.92Quarterly	Sep 30, 2025	Oct 31, 2025
Dividend	Jun 30, 2025	$0.90Quarterly	Jun 30, 2025	Aug 1, 2025