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The closing price of National Health Investors, Inc (NYSE: NHI) was $70.84 for the day, up 0.24% from the previous closing price of $70.67. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.22 million shares were traded. NHI stock price reached its highest trading level at $71.5 during the session, while it also had its lowest trading level at $70.08.
Ratios:
Our analysis of NHI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on October 01, 2024, Downgraded its rating to Equal Weight and sets its target price to $86 from $81 previously.
On September 24, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $92.
BMO Capital Markets Upgraded its Market Perform to Outperform on March 12, 2024, while the target price for the stock was maintained at $67.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NHI now has a Market Capitalization of 3307781632 and an Enterprise Value of 4660601344. As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.48, and their Forward P/E ratio for the next fiscal year is 21.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.56 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 13.563 whereas that against EBITDA is 17.596.
Stock Price History:
The Beta on a monthly basis for NHI is 0.77, which has changed by 0.06366372 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, NHI has reached a high of $86.13, while it has fallen to a 52-week low of $65.13. The 50-Day Moving Average of the stock is -3.74%, while the 200-Day Moving Average is calculated to be -4.87%.
Shares Statistics:
NHI traded an average of 262.88K shares per day over the past three months and 265820 shares per day over the past ten days. A total of 46.69M shares are outstanding, with a floating share count of 44.47M. Insiders hold about 4.76% of the company’s shares, while institutions hold 68.57% stake in the company. Shares short for NHI as of 1748563200 were 2014284 with a Short Ratio of 7.66, compared to 1745971200 on 1458856. Therefore, it implies a Short% of Shares Outstanding of 2014284 and a Short% of Float of 5.09.
Dividends & Splits
With its trailing 12-month dividend rate of 3.6, NHI has a forward annual dividend rate of 3.60. Against a Trailing Annual Dividend Yield of 0.050940994The stock’s 5-year Average Dividend Yield is 6.26.
