NHI National Health Investors Dashboard

National Health Investors, Inc. is a real estate investment trust, which engages in the sale-leaseback, joint-venture, mortgage, and mezzanine financing of senior housing and medical investments. Its portfolio includes lease, mortgage and other note investments in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities, specialty hospitals and medical office buildings. The company was founded by W. Andrew Adams in 1991 and is headquartered in Murfreesboro, TN.

Company profile

Ticker

NHI

Exchange

NYSE

Website

www.nhireit.com/

CEO

J. Justin Hutchens

Incorporated

Maryland

Location

Tennessee

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • VEREIT • Vornado Realty • Simon Property • Healthpeak Properties • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • Welltower ...

SEC CIK

0000877860

Corporate docs

Articles of Incorporation & Bylaws

IRS number

621470956

NHI stock data

S&P 500

1M 1Y 2Y 5Y

News

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Wells Fargo Maintains Equal-Weight on National Health Investors, Lowers Price Target to $72

23 Jul 21

Wells Fargo analyst Todd Stender maintains National Health Investors (NYSE:NHI) with a Equal-Weight and lowers the price target from $74 to $72.

National Health Investors Provides Business Update; Says Co Has Collected 88.4% Of Contractual Cash Due For July

19 Jul 21

National Health Investors, Inc. (NYSE:NHI) today provided a business update regarding its monthly contractual cash collections and average occupancy from its three largest senior housing operators. Eric Mendelsohn, NHI

Benzinga's Top Ratings Upgrades, Downgrades For June 18, 2021

18 Jun 21

BMO Capital Upgrades National Health Investors to Market Perform, Announces $71 Price Target

18 Jun 21

National Health Investors Q1 EPS $0.78 Misses $0.89 Estimate, Sales $80.89M Miss $81.96M Estimate

10 May 21

Press releases

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NHI Provides Business Update

19 Jul 21

MURFREESBORO, TN / ACCESSWIRE / July 19, 2021 / National Health Investors, Inc. (NYSE:NHI) today provided a business update regarding its monthly contractual cash collections and average occupancy from its three largest

NHI Announces Second Quarter 2021 Earnings Release and Conference Call Dates

9 Jul 21

MURFREESBORO, TN / ACCESSWIRE / July 9, 2021 / National Health Investors, Inc. (NYSE:NHI) announced details for the release of its results for the second quarter ended June 30, 2021. NHI plans to issue its earnings

NHI Provides Business Update

17 Jun 21

MURFREESBORO, TN / ACCESSWIRE / June 17, 2021 / National Health Investors, Inc. (NYSE:NHI) today provided a business update regarding its monthly contractual cash collections and average occupancy from its three largest

NHI Expands Navion Senior Solutions Relationship

8 Jun 21

NHI Provides Business Update and Declares Second Quarter 2021 Dividend

3 Jun 21

Calendar

10 May 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart NHI financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
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Diluted EPS

Financial data from company earnings reports.

Recent insider trades

NHI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Jul 21	W Andrew Adams	Common Stock By Adams Family Foundation II	Gift	Dispose G	Yes	No	0	45,307	0	177,000
17 Jun 21	Webb Robert T	Shares Of Common Stock	Buy	Aquire P	Yes	No	65	1,184	76.96K	31,000
25 Feb 21	Webb Robert T	Stock Options (Right to Buy) 2-25-2021 Common Stock	Grant	Aquire A	No	No	69.2	25,000	1.73M	25,000
25 Feb 21	Swafford Charlotte A	Stock Options (Right to Buy) 2-25-2021 Common Stock	Grant	Aquire A	No	No	69.2	25,000	1.73M	25,000
25 Feb 21	James R Jobe	Stock Options (Right to Buy) 2-25-2021 Common Stock	Grant	Aquire A	No	No	69.2	25,000	1.73M	25,000

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

NHI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

63.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	239	237	+0.8%
Opened positions	36	39	-7.7%
Closed positions	34	26	+30.8%
Increased positions	84	87	-3.4%
Reduced positions	90	81	+11.1%

13F shares	Current	Prev Q	Change
Total value	3.67B	2.05B	+78.9%
Total shares	29.15M	29.66M	-1.7%
Total puts	86.8K	52.3K	+66.0%
Total calls	104K	51.7K	+101.2%
Total put/call ratio	0.8	1.0	-17.5%

Largest owners	Shares	Value	Change
Vanguard	6.67M	$481.9M	+2.7%
BLK Blackrock	4.6M	$332.3M	+2.7%
STT State Street	1.79M	$131.7M	-1.6%
BK Bank Of New York Mellon	1.2M	$87.08M	-0.5%
GS Goldman Sachs	1.02M	$73.83M	-6.1%
NTRS Northern Trust	885.55K	$64.01M	-16.9%
MCQEF Macquarie	879.67K	$63.58M	-2.3%
Geode Capital Management	849.74K	$61.42M	+6.7%
BAC Bank Of America	680.23K	$49.17M	+3.7%
Dimensional Fund Advisors	650.75K	$47.04M	-0.9%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-589.18K	EXIT
JHG Janus Henderson	601.65K	+572.99K	+1999.3%
Allianz Asset Management GmbH	0	-290.42K	EXIT
NFJ Investment	267.52K	+267.52K	NEW
Waterfront Capital Partners	0	-200.43K	EXIT
NTRS Northern Trust	885.55K	-180.24K	-16.9%
Vanguard	6.67M	+178.19K	+2.7%
Ubs Oconnor	0	-156.07K	EXIT
FMR	398.4K	-154.46K	-27.9%
Gradient Investments	152.58K	+152.58K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

•Rental income received from our tenants decreased $1.5 million, or 2.1%, primarily as a result of rent concessions related to the first quarter of 2021 totaling $4.2 million, net of new investments funded since March 2020.
•Interest income from mortgage and other notes decreased $0.5 million, or 7.0%, primarily due to several prior year loan pay offs.
•Interest expense decreased $1.2 million as a result of $210.0 million notional amount of fixed rate swaps that matured and the payoff of the HUD mortgages in the fourth quarter of 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2021 FY