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.
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.
National Health Investors (NYSE:NHI) issued a business update emphasizing its focus on senior housing and medical investments. The company specializes in sale-leasebacks, joint ventures, and financing options, boasting a diversified portfolio that includes independent living, assisted living, and skilled nursing facilities. NHI's management provided insights on potential risks impacting future performance, such as COVID-19 effects on tenants and economic conditions. Investors are encouraged to review disclosures in NHI's SEC filings for detailed risk factors.
National Health Investors (NHI) reported Q3 2022 results with net income per diluted share at $0.78, up from $0.67 year-over-year. However, net income for the first nine months decreased to $1.43 from $2.31. FFO per diluted share also declined, with Q3 at $1.04 versus $1.16 last year. The company executed significant asset dispositions, raising approximately $60.1 million. Share repurchases totaled 1.3 million shares for about $82 million. Despite challenges in the operating environment, NHI maintains optimism for long-term recovery in the sector.
National Health Investors, Inc. (NHI) will release its third-quarter earnings for the period ending September 30, 2022, on November 8, 2022, post-market. A conference call to discuss these results is scheduled for November 9, 2022, at 12:00 p.m. ET. Participants can join the call by dialing (800) 897-4662 with confirmation number 22020864. The conference will also be broadcast live online, with a replay available for one year. NHI specializes in real estate investment trusts focused on senior housing and medical investments.
National Health Investors, Inc. (NYSE:NHI) announced the release of its second-quarter earnings results for the period ending June 30, 2022. The earnings release will be issued after market close on August 8, 2022. Following this, NHI will hold a conference call on August 9, 2022, at 12:00 p.m. Eastern Time to discuss the results. Interested parties can join the call by dialing (800) 768-2107, using confirmation number 22019452. The call will be available for online streaming and replay for up to one year at the company's website.
National Health Investors, Inc. (NHI) announced a second quarter dividend of $0.90 per common share, to be paid on August 5, 2022, for shareholders on record as of June 30, 2022. NHI specializes in real estate investments in senior housing and medical facilities through financing methods like sale-leasebacks and joint ventures. The company emphasizes its commitment to financial stability and investor returns.
National Health Investors (NHI) reported a net income of $0.18 per diluted share for Q1 2022, down from $0.78 in Q1 2021. Key factors impacting results included an $8.8 million lease deposit recognition, $5.6 million in rent concessions, and a $24.6 million impairment on properties. Funds from Operations (FFO) per diluted share decreased to $1.05 from $1.23, while normalized FFO fell to $1.10 from $1.24. NHI also announced a stock repurchase plan of up to $240 million and provided annual guidance for FFO ranging from $4.32 to $4.42.
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