National Health Investors Inc. (NHI): A brief note on last quarter


National Health Investors Inc. (NYSE:NHI) changes shares on Friday trading session, with a change of -5.50% or -$3.49 shares. The trading starts at $62.90 and closed at $63.42 throughout the day. The trading session low price was $59.71 and day high was $63.99 on Friday, June 19. After the session, the Real Estate sector daily volume shifted to 1.79 million while its average volume is 434.51K. In other hand, the NHI market cap reached to $2.58B. While, its current target price is $59.93 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.25% and up 12.21% for month. Its quarterly performance was 58.46% above, while its half year performance is down -24.81%. NHI yearly performance stood at negative -26.25% and fall -26.45% for year-to-date. Current recommendation for National Health Investors Inc. is 2.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NHI EPS (TTM) for 12-month is 4.21. EPS for this year is 0.10%, while for the next year its value is 3.66. Sales growth for the current quarter is 1.42 while its EPS Q/Q reached 65.30%. It has an EPS of 3.80% up for past five years and for the next five years will be up 10.00%.

Let’s take a look on the analyst recommendations on NHI for the current month and previous month. For the current month, 1 of 9 analysts recommend stock as Buy while 1 as Sell, 1 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 8 analysts participate in stock recommendation. Out of 8, 1 rated it sell, 1 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $40.00-$77.00. Average target price for NHI was reached at $60.50.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in National Health Investors Inc. (NHI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 6.99 million shares which valued 345.95 million. On Mar 30, 2020, Blackrock Inc. owned 4.19 million shares which valued at 207.4 million. On Mar 30, 2020, State Street Corporation has a total of 1.59 million shares which valued at 78.55 million. In the end, State Street Corporation have 3.55% shares outstanding of National Health Investors Inc. (NHI) on Mar 30, 2020. The insider ownership moved to 0.60% and institutional holding shifted to 72.10%.

The company posted an EPS (TTM) of 4.21. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of 1, while 0.92 EPS posted a year ago period. Analyst Estimated EPS for NHI published in the report was 0.96-1.04 during the same period. Comparing with last year, the average estimated EPS was 0.92 which is lower than 1.37 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NHI fall -17.39% for period of 200 days. SMA for 50 days was 7.94% which is showing green signal, while SMA-20 was -0.38%. The moving average value for National Health Investors Inc. (NHI) is 67.88 and 56.58 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NHI stock. On May 13, ADAMS ROBERT G, Director, bought 425 trading shares at the cost of $48.36, which valued at 20553.0. On Mar 23, ADAMS W ANDREW, Director, bought 27,000 shares at the cost of $36.16, with total shares of 759,784. On Mar 17, WEBB ROBERT T, Director, bought 2,471 shares at the cost of 40.47. After this transaction, WEBB ROBERT T total shares reached to 29,816 which valued at 99995.0.