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Stock National Health Investors, Inc. NHI

National Health Investors, Inc. — Investlytic score 1/5 on the five criteria.

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20/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 1/5 criteria met. Data as of 03/10/2026.

  • ❌ Price trend failed
  • ⚠️ Mixed growth
  • ❌ Debt failed
  • ✅ P/E passed
  • ❌ Correction failed

Price trend

Overall trend (8 years): insufficient progression (less than x1.5).

Price change 2018 → 2019: 7.86%

Price change 2019 → 2020: -15.11%

Price change 2020 → 2021: -16.91%

Price change 2021 → 2022: -9.14%

Price change 2022 → 2023: 6.95%

Price change 2023 → 2024: 24.08%

Price change 2024 → 2025: 10.20%

Price change 2025 → 2026: -14.78%

Price change 2026 (year to date): -15.32%

Financial growth

Revenue CAGR (8 years): 3.65%

Earnings CAGR (8 years): -1.17%

Growth status: positive trend (>1%/yr) in revenue OR earnings, but not both.

Debt

Debt-to-equity ratio: 0.76

Debt/equity > 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: 18.72

P/E < 25.0 (maximum threshold).

Correction (6 months)

Current correction: 24.75% from the high over 6 months.

Excessive correction (> 20.0%).

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Criteria of the Investlytic model

- / 5
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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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⚖️ Comparison with the market

All stocks →
StockP/EDette/FPRevenue growthRating
National Health Investors, Inc.19.10.77+11.1 %🔒
Mobimo Holding AG12.10.92+5.0 %–
Covivio Hotels9.10.77+8.9 %–
EPR Properties18.41.35+7.6 %–
TAG Immobilien AG34.11.33+17.9 %–

Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by National Health Investors, Inc. over the latest fiscal years.

Revenue
379 m USD
fiscal year 2025
Net income
142 m USD
fiscal year 2025
Net margin
37.6 %
fiscal year 2025
Average annual growth
+2.6 %
Revenue growth over 5 years
Average annual growth
+5.2 %
Revenue growth over 10 years
Market cap
3.5 bn USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
2020333 m185 m55.6 %n/a
2021299 m112 m37.4 %-10.2 %
2022278 m66.4 m23.9 %-6.9 %
2023320 m136 m42.4 %+15.0 %
2024335 m138 m41.2 %+4.8 %
2025379 m142 m37.6 %+12.9 %

Amounts converted to USD. Source: published annual accounts, collected on 06/11/2026.

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Accounts and financial health

Balance sheet and cash flow published by National Health Investors, Inc. over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).

Overview
fragile accounts
according to Altman Z, Piotroski and net debt
Altman Z-score
1.65
risk zone (below 1.81)
Piotroski Score
5 / 9
4 to 6: average accounts
Net Debt / EBITDA
3.97 x
high debt
Fiscal year20212022202320242025
Cash and investments37.4 m19.3 m22.3 m24.3 m19.6 m
Total Debt1.3 bn1.1 bn1.1 bn1.1 bn1.2 bn
Net Debt1.2 bn1.1 bn1.1 bn1.1 bn1.1 bn
Equity1.5 bn1.3 bn1.3 bn1.4 bn1.5 bn
Total assets2.8 bn2.5 bn2.5 bn2.6 bn2.8 bn
Operating cash flow211 m185 m184 m208 m240 m
Investments (capex)64,0004.6 m3.7 m15.7 m20.0 m
Free cash-flow211 m181 m181 m192 m220 m
Share buybacks0152 m000
Dividends paid183 m162 m156 m157 m170 m

Amounts in USD, currency of the published accounts.

Trailing 12-month ratios

Price / earnings (P/E)20.53 x
Price / book value2.20 x
Return on Equity (ROE)11.0 %
Return on Invested Capital (ROIC)6.9 %
Net margin38.5 %
Debt / equity0.82 x
Current ratio0.59 x
Interest coverage4.45 x
Free cash-flow yield6.7 %

Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 09/11/2026.

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Valuation and competitors

National Health Investors, Inc. compared with its sector on the same exchange and with its main competitors.

Company P/E
20.3
53.3 % below the sector
Sector median P/E
43.5
real estate, NYSE
Sector over 10 years
42.7
10-year median, range 32.2 to 55.6

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on . Competitors: comparable companies named by the data provider.

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Analyst consensus and forecasts

What the financial analysts covering National Health Investors, Inc. publish: ratings, price targets and earnings forecasts.

Majority rating
hold
19 analysts
Average price target
76.25 USD
from n/a to n/a, 13 targets over 12 months
Gap with the share price
+13.7 %
price 67.04 USD on 30/10/2026

Breakdown of ratings

strong buy 0buy 6hold 12sell 1strong sell 0

Average target over the last 3 months: 76.25 USD (4 targets).

Track record against expectations: reported EPS above consensus 6 times over the last 12 releases.

Source: ratings and forecasts published by analysts, collected on 07/11/2026. An analyst rating or target is not a guarantee.

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Dividends and earnings

National Health Investors, Inc.: dividend history, last distributions, stock splits and earnings releases.

No known dividend for this company.

Earnings releases

Next release: 09/11/2026. Expected EPS: 1.18.

Factual data: ex-dividend history and earnings calendar, as of 05/11/2026. A past dividend does not guarantee the next one.

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Who owns the stock

Free float, institutional investors, large funds, executives and elected officials: declared positions in National Health Investors, Inc.

Large funds tracked
21
hold the stock as of 2026Q2
US elected officials
2
2 purchases, 0 sales in 12 months

Large funds tracked

FundSharesValue (USD)Weight in the fundChangeQuarter
BlackRock8.7 m666 m0.0 %+81.7 %2026Q2
Vanguard Group6.5 m496 m0.0 %-0.0 %2025Q4
State Street5.5 m422 m0.0 %+177.1 %2026Q2
Geode Capital Management1.4 m107 m0.0 %+7.0 %2026Q2
Bank of America1.0 m77.7 m0.0 %+2.7 %2026Q2
Norges Bank672,35551.3 m0.0 %-7.1 %2026Q2
Northern Trust608,68846.4 m0.0 %+8.1 %2026Q2
Morgan Stanley444,04333.9 m0.0 %+16.9 %2026Q2

Elected officials' disclosures

DateOfficialSideAmount
10/07/2026Gilbert Cisnerospurchase$1,001 - $15,000
15/01/2026Gilbert Cisnerospurchase$1,001 - $15,000

Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 08/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.

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PEA and practical information

PEA eligibility
no
head office outside the EU and EEA
Listing exchange
NYSE
IPO: 09/10/1991
ISIN code
US63633D1046
Workforce
30
full-time employees
Chief executive
D. Eric Mendelsohn
Next earnings
09/11/2026

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about National Health Investors, Inc.

What is the National Health Investors, Inc. share price?

Latest recorded price: 71.24 USD on 06/11/2026, for a market cap of 3.5 bn USD.

What is the revenue of National Health Investors, Inc.?

379 m USD for fiscal year 2025, with net income of 142 m USD (net margin 37.6 %).

When does National Health Investors, Inc. report its next earnings?

The next release is expected on 09/11/2026. EPS expected by analysts: 1.18.

What do analysts say about National Health Investors, Inc.?

Out of 19 analysts: 6 buy or strong buy, 12 hold, 1 sell or strong sell. Average price target: 76.25 USD, i.e. +13.7 % from the share price.

What is the P/E ratio of National Health Investors, Inc.?

Trailing 12-month P/E of 20.3, against 43.5 for the sector median on the same exchange (10-year median: 42.7).

Is National Health Investors, Inc. stock eligible for the French PEA?

No: the company is headquartered outside the European Union and the European Economic Area (ISIN US63633D1046).

How many employees does National Health Investors, Inc. have?

30 full-time employees according to the latest published profile.

Who runs National Health Investors, Inc.?

D. Eric Mendelsohn is the company's chief executive.

Which large funds own National Health Investors, Inc.?

As of 2026Q2, among the large funds tracked: BlackRock, Vanguard Group, State Street, Geode Capital Management, Bank of America.

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