National Health Investors, Inc (NYSE: NHI) is -2.47% lower on its value in year-to-date trading and has touched a low of $51.96 and a high of $86.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NHI stock was last observed hovering at around $67.82 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $67.59, the stock is -1.12% and -2.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing -0.34% at the moment leaves the stock -7.48% off its SMA200. NHI registered 28.96% gain for a year compared to 6-month loss of -9.38%. The firm has a 50-day simple moving average (SMA 50) of $69.608 and a 200-day simple moving average (SMA200) of $73.0567.
The stock witnessed a -1.01% gain in the last 1 month and extending the period to 3 months gives it a -15.79%, and is 0.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.17% over the month.
National Health Investors, Inc (NHI) has around 26 employees, a market worth around $3.07B and $331.78M in sales. Current P/E ratio is 23.25 and Fwd P/E is 21.51. Profit margin for the company is 38.18%. Distance from 52-week low is 30.08% and -21.53% from its 52-week high. The company has generated returns on investments over the last 12 months (5.36%).
with sales reaching $81.13M over the same period.The EPS is expected to shrink by -6.95% this year, but quarterly earnings will post -0.60% year-over-year. Quarterly sales are estimated to grow 2.10% in year-over-year returns.
National Health Investors, Inc (NHI) Top Institutional Holders
396.0 institutions hold shares in National Health Investors, Inc (NHI), with institutional investors hold 74.56% of the company’s shares. The shares outstanding are 43.41M, and float is at 43.28M with Short Float at 4.63%. Institutions hold 71.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.14 million shares valued at $415.6 million. The investor’s holdings represent 14.1421% of the NHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.41 million shares valued at $$298.58 million to account for 10.1602 of the shares outstanding. The other top investors are STATE STREET CORP which holds 1.87 million shares representing 4.3205% and valued at over $128.61 million, while PRINCIPAL FINANCIAL GROUP INC holds 4.072 of the shares totaling 1.77 million with a market value of $119.67 million.
National Health Investors, Inc (NHI) Insider Activity
The most recent transaction is an insider purchase by MCCABE ROBERT A JR,the company’sDirector. SEC filings show that MCCABE ROBERT A JR bought 437 shares of the company’s common stock on May 31 ’24 at a price of $65.83 per share for a total of $28768.0. Following the purchase, the insider now owns 21585.0 shares.
National Health Investors, Inc disclosed in a document filed with the SEC on Feb 27 ’24 that SWAFFORD CHARLOTTE A (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 27 ’24 and was made at $58.69 per share for $0.59 million. Following the transaction, the insider now directly holds 0.11 million shares of the NHI stock.
