National Health Investors, Inc. (NHI)
NYSE: NHI · Real-Time Price · USD
72.03
-0.53 (-0.73%)
Aug 28, 2026, 4:00 PM EDT - Market closed

National Health Investors Statistics

Total Valuation

NHI has a market cap or net worth of $3.54 billion. The enterprise value is $4.79 billion.

Market Cap3.54B
Enterprise Value 4.79B

Important Dates

The last earnings date was Monday, August 10, 2026, after market close.

Earnings Date Aug 10, 2026
Ex-Dividend Date Sep 30, 2026

Share Statistics

NHI has 49.11 million shares outstanding. The number of shares has increased by 5.73% in one year.

Current Share Class 49.11M
Shares Outstanding 49.11M
Shares Change (YoY) +5.73%
Shares Change (QoQ) -0.10%
Owned by Insiders (%) 2.39%
Owned by Institutions (%) 78.34%
Float 47.94M

Valuation Ratios

The trailing PE ratio is 20.79 and the forward PE ratio is 14.20. NHI's PEG ratio is 3.61.

Price/FFO Ratio 15.21
Price/AFFO Ratio n/a
PE Ratio 20.79
Forward PE 14.20
PS Ratio 8.12
Forward PS 8.00
PB Ratio 2.25
P/TBV Ratio 2.25
P/FCF Ratio n/a
P/OCF Ratio 14.22
PEG Ratio 3.61
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.74
EV / Sales 10.98
EV / EBITDA 16.52
EV / EBIT 24.10
EV / FCF n/a

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.80.

Current Ratio 1.82
Quick Ratio 1.19
Debt / Equity 0.80
Debt / EBITDA 4.41
Debt / FCF n/a
Interest Coverage 3.37

Financial Efficiency

Return on equity (ROE) is 10.72% and return on invested capital (ROIC) is 6.97%.

Return on Equity (ROE) 10.72%
Return on Assets (ROA) 4.39%
Return on Invested Capital (ROIC) 6.97%
Return on Capital Employed (ROCE) 6.91%
Weighted Average Cost of Capital (WACC) 6.60%
Revenue Per Employee $13.62M
Profits Per Employee $5.20M
Employee Count32
Asset Turnover 0.15
Inventory Turnover n/a

Taxes

In the past 12 months, NHI has paid $732,000 in taxes.

Income Tax 732,000
Effective Tax Rate 0.44%

Stock Price Statistics

The stock price has decreased by -7.36% in the last 52 weeks. The beta is 0.56, so NHI's price volatility has been lower than the market average.

Beta (5Y) 0.56
52-Week Price Change -7.36%
50-Day Moving Average 75.55
200-Day Moving Average 78.65
Relative Strength Index (RSI) 39.12
Average Volume (20 Days) 333,115

Short Selling Information

The latest short interest is 2.17 million, so 4.42% of the outstanding shares have been sold short.

Short Interest 2.17M
Short Previous Month 2.09M
Short % of Shares Out 4.42%
Short % of Float 4.53%
Short Ratio (days to cover) 5.56

Income Statement

In the last 12 months, NHI had revenue of $435.78 million and earned $166.53 million in profits. Earnings per share was $3.46.

Revenue435.78M
Gross Profit 322.15M
Operating Income 198.57M
Pretax Income 166.12M
Net Income 166.53M
EBITDA 289.67M
EBIT 198.57M
Earnings Per Share (EPS) $3.46
Full Income Statement

Balance Sheet

The company has $30.39 million in cash and $1.28 billion in debt, with a net cash position of -$1.25 billion or -$25.41 per share.

Cash & Cash Equivalents 30.39M
Total Debt 1.28B
Net Cash -1.25B
Net Cash Per Share -$25.41
Equity (Book Value) 1.59B
Book Value Per Share 31.99
Working Capital 75.06M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $248.68 million and capital expenditures -$404.07 million, giving a free cash flow of -$155.39 million.

Operating Cash Flow 248.68M
Capital Expenditures -404.07M
Depreciation & Amortization 91.11M
Net Borrowing n/a
Free Cash Flow -155.39M
FCF Per Share -$3.16
Full Cash Flow Statement

Margins

Gross margin is 73.93%, with operating and profit margins of 45.57% and 38.28%.

Gross Margin 73.93%
Operating Margin 45.57%
Pretax Margin 38.12%
Profit Margin 38.28%
EBITDA Margin 66.47%
EBIT Margin 45.57%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.76, which amounts to a dividend yield of 5.22%.

Dividend Per Share $3.76
Dividend Yield 5.22%
Dividend Growth (YoY) 2.21%
Years of Dividend Growth 1
Payout Ratio 108.53%
Buyback Yield -5.73%
Shareholder Yield -0.51%
Earnings Yield 4.71%
FCF Yield -4.39%
Dividend Details

Analyst Forecast

The average price target for NHI is $82.13, which is 14.02% higher than the current price. The consensus rating is "Buy".

Price Target $82.13
Price Target Difference 14.02%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (3Y) 10.91%
EPS Growth Forecast (3Y) 6.46%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6