NHI

National Health Investors Inc

NHI.US nhireit.com
70.32
+0.11 (+0.16%)
USD · NYSE
52-week range
67.13
89.29
Trading at 14% of the 52-week range
Market Cap
3.45B
P/E Ratio
20.32
Forward P/E
18.15
Book Value
31.99
Div. Yield
5.24%
% Institutions
79.53%
% Insiders
2.39%

1 Year

-6.8%

3 Year

+62.2%

10 Year

+59.7%
Description

National Health Investors, Inc. is a self-managed real estate investment trust (REIT). The Company owns, leases, operates and finances the development of high-quality real estate properties in the United States, focusing on senior housing communities and medical facilities. The Company operates through two reportable segments, Real Estate Investments and SHOP. The Company's real estate property investments include independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities and hospitals. National Health Investors, Inc. was established on October 15th, 1991, and was incorporated in 1991 in Maryland and is based in Murfreesboro, Tennessee.

Company Information

Company Name
National Health Investors Inc
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Exchange
NYSE
ISIN: US63633D1046
CIK: 0000877860
CUSIP: 63633D203
Currency: USD
Full Time Employees: 32
Phone: 615 890 9100
Website: nhireit.com
Fiscal Year End: December
IPO Date: Oct 09, 1991
Description:

National Health Investors, Inc. is a self-managed real estate investment trust (REIT). The Company owns, leases, operates and finances the development of high-quality real estate properties in the United States, focusing on senior housing communities and medical facilities. The Company operates through two reportable segments, Real Estate Investments and SHOP. The Company's real estate property investments include independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities and hospitals. National Health Investors, Inc. was established on October 15th, 1991, and was incorporated in 1991 in Maryland and is based in Murfreesboro, Tennessee.

Address:

222 Robert Rose Drive, Murfreesboro, TN, United States, 37129-6346

People

Directors & Officers

Name Title Year Born
Mr. D. Eric Mendelsohn President, CEO & Director 1962
Mr. Kevin Carlton Pascoe Executive VP of Investments & Chief Investment Officer 1981
Mr. David Louis Travis Senior VP & Chief Accounting Officer 1975
Ms. Kristin Sallee Gaines Senior VP & Chief Transaction Officer 1972
Mr. Todd M. Siefert Chief Financial Officer NA
Mr. Christian K.S. Maingot EVP & Chief Operating Officer NA
Mr. Dana Rolfson Hambly Senior Vice President of Finance & Investor Relations NA
Mr. Kimberly Ouimet Director of Corporate Compliance & Human Resources NA
Ms. Beth J. Blankenship Senior Vice President of Legal Affairs & Corporate Secretary 1970
Mr. Grant Johnston Senior Vice President Asset Management NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jan 15, 2026 Gilbert Ray Cisneros, Jr. N/A Purchase N/A $80.35 N/A
May 31, 2024 Robert A Mccabe Jr N/A Purchase 437.00 $65.83 $28.77K
Feb 27, 2024 Charlotte A Swafford N/A Purchase 10.00K $58.69 $586.90K
Aug 30, 2023 James R Jobe N/A Purchase 1.00K $51.40 $51.40K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 4.81M Mar 31, 2026 9.79% $0.01 -0.55%
Vanguard Portfolio Management, LLC 4.14M Mar 31, 2026 8.43% $0.02 0.00%
Vanguard Capital Management, LLC 2.08M Mar 31, 2026 4.24% $0.00 0.00%
Principal Financial Group Inc 1.98M Jun 30, 2026 4.03% $0.07 16.24%
State Street Corp 1.97M Mar 31, 2026 4.02% $0.01 -1.15%
Geode Capital Management, LLC 1.31M Mar 31, 2026 2.67% $0.01 3.85%
Bank of America Corp 992.80K Mar 31, 2026 2.02% $0.01 20.00%
JPMorgan Chase & Co 986.59K Mar 31, 2026 2.01% $0.01 -0.02%
Delaware Management Holdings Inc 897.30K Mar 31, 2026 1.83% $0.12 -1.53%
Charles Schwab Investment Management Inc 825.99K Mar 31, 2026 1.68% $0.01 1.09%
Dimensional Fund Advisors, Inc. 675.74K Jun 30, 2026 1.38% $0.01 -1.53%
NORGES BANK 672.36K Jun 30, 2026 1.37% $0.01 -7.15%
Northern Trust Corp 562.85K Mar 31, 2026 1.15% $0.01 2.26%
M Holdings Securities Inc 531.18K Mar 31, 2026 1.08% $2.90 0.00%
Bank of New York Mellon Corp 514.73K Mar 31, 2026 1.05% $0.01 -4.19%
Qube Research & Technologies 429.55K Mar 31, 2026 0.87% $0.04 84.93%
Two Sigma Investments LLC 420.07K Mar 31, 2026 0.86% $0.03 70.39%
Morgan Stanley - Brokerage Accounts 379.89K Mar 31, 2026 0.77% $0.00 59.91%
GW&K Investment Management, LLC 335.04K Mar 31, 2026 0.68% $0.24 19.32%
Vanguard Fiduciary Trust Co 311.74K Mar 31, 2026 0.63% $0.01 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 iShares Core S&P Small-Cap ETF 2.96M 6.02% ▲ 0.03% Aug 31, 2026
2 Vanguard Real Estate Index Investor 1.75M 3.57% ▼ 0.04% Jul 31, 2026
3 Vanguard MStar Total Stk Mkt Idx Invest 1.47M 2.99% ▲ 0.41% Jul 31, 2026
4 iShares Russell 2000 ETF 1.24M 2.53% ▼ 0.57% Aug 31, 2026
5 Vanguard Small Cap Index 1.06M 2.15% ▲ 0.04% Jul 31, 2026
6 Principal Real Estate Securities R5 840.09K 1.71% ▲ 0.00% Jul 31, 2026
7 Vanguard MStar Small Cap Value Index 672.31K 1.37% ▲ 0.21% Jul 31, 2026
8 BNY Mellon Global Infras Inc ETF 642.44K 1.31% ▲ 0.28% Aug 31, 2026
9 Vanguard Institutional Extnd Mkt Idx Tr 558.90K 1.14% ▲ 0.55% Jul 31, 2026
10 Delaware Sm-Cap Val Eq 548.85K 1.12% ▼ 4.54% Jun 30, 2026

Financial Highlights

Market Cap: $3.45B
EBITDA: $289.67M
P/E Ratio: $20.32
PEG Ratio: $4.76
Book Value: $31.99
Dividend/Share: $3.68
Dividend Yield: 5.24%
Earnings/Share: $3.46
Profit Margin: 38.28%
Operating Margin: 61.34%
ROA (TTM): 4.39%
ROE (TTM): 10.72%
Revenue (TTM): $435.78M
Revenue/Share (TTM): $9.09
Earnings Growth (YOY): -43.00%
Revenue Growth (YOY): -2.60%

Valuation Metrics

Enterprise Value: $4.70B
Trailing P/E: 20.32
Forward P/E: 18.15

Shares Statistics

Shares Outstanding: 49.11M
Shares Float: 47.94M
% Insiders: 2.39%
% Institutions: 79.53%
Short % Float: 4.70%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$378.53M
Cost of Goods Sold
adjust
$-239.60M
Gross Profit
subtotal
$138.93M
SG&A
adjust
$-26.87B
Operating Income
subtotal
$194.83M
Other / Non-Operating Items
adjust
$-52.65M
Net Income
subtotal
$142.18M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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