Wall Street analyst estimates for National Health Investors, Inc. (NHI): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
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.
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $1.16 | ||
| 2026-08-10 | $1.19 | $0.84 | +41.2% |
| 2026-05-04 | $0.83 | $1.21 | -31.4% |
| 2026-02-26 | $0.80 | $0.80 | -0.1% |
| 2025-11-06 | $0.69 | $1.24 | -44.4% |
| 2025-08-06 | $0.79 | $0.77 | +2.2% |
| 2025-05-05 | $0.75 | $0.76 | -1.3% |
| 2025-02-25 | $0.96 | $0.75 | +28.0% |
Valuation Ratios
| P/E Ratio | 18.99 |
| Price / Book | 2.03 |
| EV / EBITDA | 14.05 |
| Dividend Yield | 5.63% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $248.5M | $278.7M | $294.6M | $318.1M | $332.8M | $298.7M | $278.2M | $319.8M | $335.2M | $378.5M |
| Cost of Revenue | $1.0M | $960,000 | $1.2M | $5.8M | $9.7M | $11.6M | $9.8M | $11.5M | $11.2M | $239.6M |
| Gross Profit | $247.5M | $277.7M | $293.4M | $312.3M | $323.2M | $287.1M | $268.4M | $308.3M | $324.0M | $138.9M |
| Research & Development | $1 | $1 | $1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $10.2M | $12.7M | $12.9M | $13.9M | $14.6M | $19.3M | $25.3M | $19.8M | $21.8M | 0 |
| Operating Expenses | $70.8M | $80.8M | $85.4M | $92.3M | $98.2M | $101.8M | $135.6M | $129.5M | $140.2M | -$55.9M |
| Operating Income | $177.7M | $197.8M | $209.2M | $220.0M | $224.9M | $185.3M | $132.8M | $178.8M | $183.9M | $194.8M |
| EBITDA | $236.1M | $265.0M | $280.6M | $290.8M | $318.0M | $240.9M | $178.7M | $259.9M | $264.2M | $282.0M |
| Interest Expense | $43.1M | 0 | $49.1M | $56.3M | 0 | $48.1M | $42.4M | $55.5M | $56.1M | $57.4M |
| Pre-tax Income | $153.5M | $159.4M | $154.3M | $160.4M | $185.3M | $112.0M | $65.4M | $134.4M | $136.6M | $140.8M |
| Income Tax | $749,000 | 0 | -$9.2M | 0 | 0 | $66,000 | -$89,000 | 0 | -$45,000 | 0 |
| Net Income | $151.5M | $159.4M | $154.3M | $160.5M | $185.1M | $111.8M | $66.4M | $135.7M | $138.0M | $142.2M |
| EPS | $3.88 | $3.90 | $3.68 | $2.40 | $3.03 | $1.36 | $0.52 | $3.13 | $3.14 | $3.03 |
| EPS (Diluted) | $3.87 | $3.87 | $3.67 | $2.38 | $3.03 | $1.36 | $0.51 | $3.13 | $3.13 | $3.02 |
| Shares Outstanding (Diluted) | $39.2M | $41.2M | $42.1M | $43.7M | $44.7M | $45.7M | $44.8M | $43.4M | $44.1M | $47.1M |
Price
| Price | $65.02 |
| Market Cap | $3.2B |
| Exchange | NYSE |
| Country | US |
Related companies: ABR · BNL · CDP · CWK · EPR · GRP-UN · MPW
Explore sector: Real Estate · REIT - Healthcare Facilities
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