NHI
National Health Investors, Inc.
$72.03
-0.53
(-0.73%)
Mkt Cap
3.49B
Volume
206,733
52W Range
67.94-91.38
Sector
Real Estate
Beta
0.56
EPS (TTM)
3.47 USD
P/E Ratio
20.76
Revenue (TTM)
433.57M USD
Rev Growth (5Y)
+2.6%
EPS Growth (5Y)
+0.0%
AlphaVal · Fair Value
What we estimate one share is worth
$74.77
Fair Value
weak signal
3.7% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Real Estate Investment Trust
65.7 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
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. NHI's broad holdings feature independent living, assisted living, and memory care facilities, as well as entrance-fee retirement communities, skilled nursing homes, medical office complexes, and specialized hospitals.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 378.53M | 335.18M | 319.83M | 278.19M | 298.71M | 332.81M | 318.08M | 294.61M | 278.66M | 248.50M | 228.99M | 177.51M |
| Net Income | 142.18M | 137.99M | 135.65M | 66.40M | 111.80M | 185.13M | 160.46M | 154.33M | 159.37M | 151.54M | 148.86M | 101.61M |
| EPS | 3.03 | 3.14 | 3.13 | 0.52 | 1.36 | 3.03 | 2.40 | 3.68 | 3.90 | 3.88 | 3.96 | 3.04 |
| Free Cash Flow | 220.26M | 192.44M | 180.71M | 180.71M | 210.79M | 231.99M | 222.96M | 60.22M | 21.98M | (189.79M) | 49.91M | (409.63M) |
| FCF / Share | 4.70 | 4.39 | 4.16 | 4.04 | 4.61 | 5.19 | 5.14 | 1.44 | 0.54 | -4.86 | 1.33 | -12.27 |
| Operating CF | 240.23M | 208.17M | 184.45M | 185.34M | 210.86M | 232.15M | 240.96M | 207.87M | 197.32M | 177.22M | 164.43M | 126.14M |
| Total Assets | 2.80B | 2.61B | 2.49B | 2.51B | 2.84B | 3.12B | 3.04B | 2.75B | 2.55B | 2.40B | 2.15B | 1.98B |
| Total Debt | 1.16B | 1.15B | 1.14B | 1.15B | 1.25B | 1.51B | 1.44B | 1.29B | 1.17B | 1.14B | 947.53M | 884.37M |
| Cash & Equiv | 19.62M | 24.29M | 22.35M | 19.29M | 37.41M | 43.34M | 5.21M | 4.66M | 3.06M | 4.83M | 13.29M | 3.29M |
| Book Value | 1.52B | 1.37B | 1.25B | 1.27B | 1.51B | 1.51B | 1.50B | 1.39B | 1.32B | 1.21B | 1.13B | 1.04B |
| Return on Equity | 0.09 | 0.10 | 0.11 | 0.05 | 0.07 | 0.12 | 0.11 | 0.11 | 0.12 | 0.13 | 0.13 | 0.10 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 121.32M | 115.86M | 106.55M | 89.85M | 90.66M | 89.30M | 85.75M | 82.94M | 84.97M | 81.51M | 79.47M | 80.11M |
| Net Income | 55.67M | 40.10M | 38.16M | 32.86M | 36.99M | 34.16M | 43.24M | 28.54M | 35.26M | 30.95M | 32.05M | 29.35M |
| EPS | 1.15 | 0.83 | 0.80 | 0.69 | 0.79 | 0.75 | 0.96 | 0.66 | 0.81 | 0.71 | 0.74 | 0.68 |
| Free Cash Flow | 68.33M | 50.55M | 59.27M | 57.56M | 58.72M | 44.71M | 51.56M | 43.95M | 58.23M | 38.70M | 52.04M | 48.60M |
| FCF / Share | 1.41 | 1.05 | 1.26 | 1.21 | 1.26 | 0.98 | 1.14 | 1.01 | 1.34 | 0.89 | 1.20 | 1.12 |
| Operating CF | 65.44M | 53.44M | 69.39M | 62.60M | 61.34M | 46.89M | 57.57M | 48.63M | 60.98M | 40.99M | 53.20M | 49.70M |
| Total Assets | 2.96B | 2.89B | 2.80B | 2.69B | 2.70B | 2.78B | 2.61B | 2.46B | 2.48B | 2.48B | 2.49B | 2.50B |
| Total Debt | 1.28B | 1.27B | 1.16B | 1.11B | 1.12B | 1.26B | 1.15B | 1.14B | 1.14B | 1.14B | 1.14B | 1.14B |
| Cash & Equiv | 30.39M | 24.95M | 19.62M | 81.62M | 18.64M | 135.00M | 24.29M | 15.55M | 14.77M | 11.36M | 22.35M | 16.58M |
| Book Value | 1.57B | 1.51B | 1.52B | 1.48B | 1.48B | 1.43B | 1.37B | 1.23B | 1.24B | 1.25B | 1.25B | 1.26B |
| Return on Equity | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 |
NHI News
Deutsche Bank AG Acquires Shares of 121,326 National Health Investors, Inc. $NHI
BlackRock Inc. Buys New Position in National Health Investors, Inc. $NHI
Diversified Healthcare Trust (NASDAQ:DHCNL) and National Health Investors (NYSE:NHI) Head to Head Contrast
Brokerages Set National Health Investors, Inc. (NYSE:NHI) Price Target at $83.86
PEB or NHI: Which Is the Better Value Stock Right Now?
National Health Investors: Buy The Earnings Dip And Lock In A 5.3% Yield
National Health Investors Q2 Earnings Call Highlights
National Health Investors, Inc. (NHI) Q2 2026 Earnings Call Transcript
National Health Investors (NHI) Q2 FFO Lag Estimates
NHI Issues Investor Update