National Health Investors Inc. (NYSE:NHI) went down by -2.34% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the REIT – Healthcare Facilities giant went up by $61.33 to trade ended Thursday trading at $62.80. This is down from the $62.8 price recorded on Wednesday’s trading session. Thanks to this latest performance, NHI is closer to the higher price 52-week target of $77.00 and further from the lowest price target of $40.00. Its performance from the start of the year has also been negative, with NHI down by -24.73% year-to-date.
National Health Investors Inc. (NHI) started the day trading at $64.13 and recorded an intraday high of $64.44. It also recorded an intraday low of $61.17 during Thursday’s trading session. National Health Investors Inc. is a very active stock that recorded a trading volume that is less than -85.8% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 216762, which is less than -85.8 of the total average daily trading volume of 402.75K.
National Health Investors Inc. (NYSE:NHI) 2020 Performance Impressive
The increase in NHI’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of NHI currently stands at $91.12, which is higher than the current trading price of the stock by 32.69%. However, NHI’s current trading price is -95.51% lower than the 52-week low price of $31.37. In terms of trading volume, National Health Investors Inc. currently experienced healthy participation during the last trading session. 216762 shares of National Health Investors Inc. were traded on the stock exchange on Thursday, which is less than -85.8% of the 402.75K average trading volume of the stock.
The performance of the stock has been positive over the past year. NHI’s performance over the past one year has seen it plunge by -23.27%, while the stock has gone down by -23.06% in the last six months. The quarterly performance of NHI currently stands at 52.71%, and it is down by -0.33% in the last month. The only positive figure was from the weekly performance, which currently reads 2.83%. At the time of writing NHI’s report, the company has a total market cap of $2.80B, making it one of the largest publicly-traded companies in the world.National Health Investors Inc. also has over 17 employees all over the world.
NHI Insider Activities
For National Health Investors Inc., insiders hold 72.10% of all company shares. The insider transactions over the past six months are up by 21.60%. During that period, insiders bought 378,048 shares in 21 transactions. In that same period, insiders sold 311,481 of their shares in 12 transactions. After these transactions, insiders at National Health Investors Inc. now hold 2.1M shares, which is over 73.36% of the total company stocks. Institutional investors currently hold a large chunk of the NHI shares, as they control 4.70% of the company’s total stock.
NHI Fundamental Analysis
For National Health Investors Inc., the stock’s diluted earnings per share (EPS) stands at 4.21. In the coming year, analysts expect the EPS to be 3.69. The EPS growth will up over the next five years to 10.00% after surging by 3.80% in the previous five years. In terms of revenue, National Health Investors Inc.’s quarterly sales (YOY) is growing at 1.01, which is lower than the average annual revenue of 3.80% over the past half a decade.
The Return on Investment (ROI) on National Health Investors Inc.’s stock currently stands at 5.50%, and it has a net profit margin of 57.20%. The operating margin of the company is 50.90%.
NHI Analysts Prediction
The Mizuho has a Neutral rating for National Health Investors Inc., predicting the stock price to stay between $60 and $55. BMO Capital Markets reiterate their Market Perform position on the stock ($74 and $82)
Mizuho and Stifel also believe that National Health Investors Inc.’s stock is outperforming at the moment.
At the moment, National Health Investors Inc.’s Total Debt to Equity ratio stands at 1.04, and they have a long-term Debt to Equity ratio of 1.04.
NHI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of NHI currently stands at -0.27%, while the SMA50 is 8.38%. The biggest one is the SMA200, which is currently reading -14.24% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 53.42, while its price to earnings ratio (P/E) is 14.57.