Welcome to our dedicated page for National Health Investors news (Ticker: NHI), a resource for investors and traders seeking the latest updates and insights on National Health Investors stock.
National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust (REIT) established in 1991, specializing in sale-leasebacks, joint ventures, and both mortgage and mezzanine financing. The company's primary focus is on need-driven and discretionary senior housing and medical investments.
NHI's diverse portfolio comprises various types of facilities including independent living, assisted living, and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings, and specialty hospitals. The company operates through two main segments: Real Estate Investments and the Senior Housing Operating Portfolio (SHOP). The Real Estate Investments segment includes investments in real estate leases, mortgages, and other notes receivables related to independent living, assisted living, and skilled nursing facilities among others. The SHOP segment involves ventures that own and operate independent living facilities, realizing revenue from rental, mortgage interest income, and resident fees and services.
Financially, NHI has demonstrated resilience and growth. As of the end of 2023, NHI maintained a robust balance sheet with $1.1 billion in net debt and leverage at just 4.4 times net debt-to-adjusted EBITDA. This strong financial profile is enhanced by investment-grade credit ratings from Moody's, S&P Global, and Fitch Ratings. NHI's financial health was further highlighted by the company exceeding its 2023 guidance for NAREIT FFO, NFFO, and FAD.
Recent achievements include a successful fourth quarter in 2023 with over $2.0 million in deferral repayments, no unexpected rent concessions, and substantial growth in the SHOP segment. The company has continued this momentum into 2024, generating notable revenue growth and maintaining high occupancy rates across its facilities. Looking ahead, NHI has a pipeline exceeding $300 million, with a significant portion already under letters of intent, ensuring ongoing investment and growth opportunities.
In February 2024, NHI announced a new stock repurchase plan totaling $160 million, reflecting its commitment to returning value to shareholders. The company also maintains a substantial revolving credit facility, offering significant liquidity for future investments and operational needs.
Partnerships and Programs:
- Strategic partnerships with senior housing operators.
- Joint ventures for operational and financial synergy.
- Investment in high-yield real estate opportunities.
NHI’s commitment to long-term growth and stable financial health, combined with its strategic investment in senior housing and medical facilities, positions it as a vital player in the healthcare real estate market.
For more information, visit www.nhireit.com.
National Health Investors, Inc. (NYSE:NHI) has announced the release of its first-quarter earnings results for the period ended March 31, 2023. The earnings report will be issued after market close on May 9, 2023. Following this, a conference call will take place on May 10, 2023, at 12:00 p.m. Eastern Time to discuss the results in detail. Investors can join the call by dialing (877) 209-9554, using confirmation number 22026392. A live stream of the conference will also be available online, with a replay accessible for one year after the event. NHI specializes in real estate investments focused on senior housing and medical facilities.
National Health Investors (NYSE: NHI) provided an investor update on February 21, 2023, detailing its business focus on real estate investments for senior housing and medical facilities. The company, established in 1991, manages a diverse portfolio, including assisted living and skilled nursing facilities. While optimistic about future growth and recovery, the release also highlighted potential risks impacting operations, such as COVID-19, regulatory challenges, and tenant viability. Investors are encouraged to review periodic SEC filings for detailed risk assessments and financial performance insights.
National Health Investors (NYSE:NHI) announced a first quarter dividend of $0.90 per common share, payable on May 5, 2023, to shareholders on record as of March 31, 2023. The company, established in 1991, focuses on real estate investments in senior housing and medical facilities, including independent and assisted living communities, skilled nursing facilities, and specialty hospitals. NHI's operations include sale-leasebacks and joint ventures, aiming to enhance shareholder value through sustained dividend payouts and strategic investments. For more details, visit www.nhireit.com.
National Health Investors (NHI) has released its financial results for the year and quarter ending December 31, 2022, showing a decline in net income attributable to common stockholders, down to $0.04 per diluted share in Q4 2022 from $0.14 in Q4 2021. Annual net income also decreased from $2.44 to $1.48 per share.
NAREIT Funds From Operations (FFO) per diluted share for Q4 dropped to $0.74 from $1.07 the prior year. Normalized FAD for Q4 was $44.7 million, slightly down from $45.9 million in the previous year. The company reported acquisitions amounting to $54.8 million in early 2023 and had initiated a stock repurchase plan for up to $160 million.
Ventas, Inc. (NYSE: VTR) has appointed J. Justin Hutchens as Chief Investment Officer while retaining his role as Executive Vice President of Senior Housing. This dual role aims to enhance capital allocation and streamline management, with Hutchens overseeing both Senior Housing and Investments teams. Hutchens, with over 25 years of experience, has successfully led Ventas’s Senior Housing business since 2020, managing nearly half of the company's portfolio. He succeeds John D. Cobb, who will transition to a strategic advisor role. This management change is viewed as a strategic move to bolster operational and investment strategies.
National Health Investors, Inc. (NYSE:NHI) is set to release its fourth quarter 2022 earnings on February 21, 2023, after the market closes. A conference call to discuss the results will be held on February 22, 2023, at 12:00 p.m. ET, accessible via phone at (800) 926-9197, confirmation number 22024854. The call will also be broadcast live online, with a replay available for one year. NHI, incorporated in 1991, focuses on real estate investments in senior housing and medical facilities, including independent living and skilled nursing. For further details, visit www.nhireit.com.
National Health Investors (NYSE:NHI) announced a fourth-quarter dividend of $0.90 per common share, payable on January 27, 2023, to shareholders of record as of December 30, 2022. NHI specializes in real estate investments in senior housing and medical facilities, managing a diverse portfolio that includes independent living and skilled nursing facilities. The company highlights its commitment to delivering value to shareholders through consistent dividend payments.
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