National Health Investors Inc (NHI) reported quarterly earnings results on Friday, May-6-2016. The company reported $1.16 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $1.17. The company posted revenue of $55.10 million in the period, compared to analysts expectations of $58.26 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.
Many Wall Street Analysts have commented on National Health Investors Inc. National Health Investors Inc was Upgraded by BofA/Merrill to ” Neutral” on Mar 11, 2016.
National Health Investors Inc opened for trading at $69.35 and hit $70.8 on the upside on Wednesday, eventually ending the session at $70.65, with a gain of 1.52% or 1.06 points. The heightened volatility saw the trading volume jump to 1,96,300 shares. Company has a market cap of $2,713 M.
In a different news, on Mar 29, 2016, Roger R Hopkins (Chief Accounting Officer) sold 10,000 shares at $65.45 per share price. According to the SEC, on Dec 11, 2015, Robert A Jr Mccabe (director) purchased 35 shares at $59.10 per share price. On Nov 17, 2015, D. Eric Mendelsohn (CEO) purchased 1,000 shares at $56.12 per share price, according to the Form-4 filing with the securities and exchange commission.
National Health Investors Inc. (NHI) is a self-managed real estate investment trust (REIT) specializing in sale-leaseback joint-venture mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company’s portfolio consists of real estate investments in independent assisted and memory care communities entrance-fee communities senior living campuses skilled nursing facilities specialty hospitals and medical office buildings. The Company’s other investments include mortgages and notes the preferred stock and marketable securities of other REITs and a joint venture. The Company’s continuing operations consist of investments in real estate and mortgage and other notes receivable involving approximately 183 facilities located in 31 states. These investments involve 106 senior housing communities 71 skilled nursing facilities four hospitals and two medical office buildings.