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National Health Investors, Inc.

$69.56 -$7.29 (-9.49%)
NYSE · 15 Sep 2026 19:15 UTC
Previous Close
$70.37
Day Range
$69.47$70.84
Year Range
$67.94$91.38
Market Cap
3.37B
AVG Volume
537.54K
Trailing/Forward PE
20.04/22.26
PEG ratio
-1.06
Dividend Yield
5.29%
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M400M2016201720182019202020212022202320242025
NHI Revenue (USD) by year
PeriodRevenue (USD)
2025376.35M
2024335.18M
2023319.83M
2022278.19M
2021298.71M
2020332.79M
2019318.08M
2018294.61M
2017278.66M
2016248.5M
Net Income (USD)
050M100M150M200M2016201720182019202020212022202320242025
NHI Net Income (USD) by year
PeriodNet Income (USD)
2025142.18M
2024137.99M
2023135.66M
202266.4M
2021111.81M
2020185.13M
2019160.46M
2018154.33M
2017159.37M
2016151.54M
Operating Income (USD)
0100M200M300M2016201720182019202020212022202320242025
NHI Operating Income (USD) by year
PeriodOperating Income (USD)
2025190.86M
2024183.85M
2023178.79M
2022143.16M
2021208.58M
2020223.93M
2019220.01M
2018209.24M
2017197.82M
2016177.73M
EBITDA (USD)
0100M200M300M400M2016201720182019202020212022202320242025
NHI EBITDA (USD) by year
PeriodEBITDA (USD)
2025276.34M
2024264.16M
2023259.94M
2022178.82M
2021233.96M
2020318.04M
2019290.89M
2018279.15M
2017265.58M
2016236.65M
Cash Flows (USD)
-200M0200M400M2016201720182019202020212022202320242025
NHI Cash Flows (USD) by year
PeriodCash Flows (USD)
2025220.26M
2024192.44M
2023177.81M
2022182.63M
2021209.75M
2020229.25M
201917.43M
201860.22M
201721.98M
2016-189.79M
EPS (USD)
02462016201720182019202020212022202320242025
NHI EPS (USD) by year
PeriodEPS (USD)
20253.02
20243.12
20232.52
20221.04
20212.44
20204.14
20193.67
20183.67
20173.87
20163.87
Expenses (USD)
0100M200M300M400MSG&ACapex2016201720182019202020212022202320242025
NHI Expenses (USD) by year
PeriodExpenses (USD)
202541.89M
202437.53M
202326.46M
202228.03M
202121.37M
202017.4M
2019237.43M
2018160.5M
2017188.05M
2016377.21M
Cash & Debt (USD)
0500M1B1.5B2BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
NHI Cash & Debt (USD) by year
PeriodCash & Debt (USD)
202519.62M
202424.29M
202322.35M
202219.29M
202137.41M
202043.34M
20195.21M
20184.66M
20173.06M
20164.83M
Debt ratios
00.511.520182019202020212022202320242025
NHI Debt ratios by year
PeriodDebt ratios
20251.17
20241.2
20231.12
20221.1
20211.08
20201.27
20191.34
20181.29
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
NHI Margins by year
PeriodMargins
202578.97%
202496.67%
202396.4%
202296.48%
202196.1%
202097.1%
201998.18%
201899.6%
201799.66%
201699.59%
Return on Capital
0%5%10%15%2016201720182019202020212022202320242025
NHI Return on Capital by year
PeriodReturn on Capital
20259.23%
20249.96%
202310.65%
20225.15%
20217.37%
202012.16%
201910.71%
201811.11%
201712.05%
201612.53%
Shares Outstanding
020M40M60M2016201720182019202020212022202320242025
NHI Shares Outstanding by year
PeriodShares Outstanding
202546.87M
202445.12M
202343.39M
202243.39M
202145.85M
202044.86M
201944.11M
201842.35M
201741.53M
201639.85M
Dividends (USD)
02462017201820192020202120222023202420252026
NHI Dividends (USD) by year
PeriodDividends (USD)
20262.78
20253.64
20243.6
20233.6
20223.6
20213.8
20204.41
20194.2
20184
20173.8
Employee Count
02550751002014201620172018202020212022202320242025
NHI Employee Count by year
PeriodEmployee Count
202532
202430
202326
202225
202119
202019
2018100
2017100
2016100
2014100
Book Value Per Share (USD)
0102030402016201720182019202020212022202320242025
NHI Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202532.85
202430.7
202329.36
202229.73
202133.09
202033.95
201933.97
201832.81
201731.83
201630.36
Total Assets (USD)
01B2B3B4B2016201720182019202020212022202320242025
NHI Total Assets (USD) by year
PeriodTotal Assets (USD)
20252.8B
20242.61B
20232.49B
20222.51B
20212.84B
20203.12B
20193.04B
20182.75B
20172.55B
20162.4B
PE Ratio
2022.52527.530med 24.68Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI PE Ratio by year
PeriodPE Ratio
Sep 2620.43
Sep 2620.42
Sep 2620.58
Aug 2620.92
Aug 2621.3
Aug 2621.18
Aug 2624.57
Jul 2625.01
Jul 2626.28
Jul 2625.97
Jul 2624.58
Jul 2625.28
Jun 2625.3
Jun 2623.11
Jun 2623.52
Jun 2622.98
May 2623.91
May 2624.93
May 2624.35
May 2624.55
May 2625.29
Apr 2625.39
Apr 2628.24
Apr 2628.51
Apr 2627.42
Mar 2627.1
Mar 2626.99
Mar 2628.08
Mar 2627.9
Feb 2627.72
Feb 2628.57
Feb 2628.77
Feb 2627.08
Jan 2626.45
Jan 2625.58
Jan 2625.82
Jan 2624.93
Jan 2624.75
Dec 2524.84
Dec 2525.07
Dec 2524.9
Dec 2525.26
Nov 2525.6
Nov 2525.4
Nov 2524.85
Nov 2524.74
Oct 2524.34
Oct 2524.56
Oct 2524.61
Oct 2524.06
Oct 2525.64
Sep 2526.08
Sep 2525.65
Sep 2525.57
Sep 2525.61
Aug 2525.57
Aug 2525.44
Aug 2524.39
Aug 2524.47
Aug 2523.1
Jul 2523.02
Jul 2522.82
Jul 2523.05
Jul 2522.92
Jun 2522.94
Jun 2522.91
Jun 2522.97
Jun 2523.48
May 2523.48
May 2523.47
May 2524.34
May 2524.86
May 2524.81
Apr 2524.58
Apr 2524.77
Apr 2523.81
Apr 2523.36
Mar 2524.42
Mar 2523.98
Mar 2524.56
Mar 2523.84
Feb 2523.43
Feb 2523.65
Feb 2523.18
Feb 2523.17
Jan 2523.35
Jan 2523.87
Jan 2523.77
Jan 2522.71
Jan 2523.73
Dec 2423.6
Dec 2423.95
Dec 2424.95
Dec 2425.92
Nov 2426.28
Nov 2426.65
Nov 2426.66
Nov 2427.84
Nov 2426
Oct 2425.57
Free Cash Flow Yield
5%5.5%6%6.5%7%med 5.84%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 266.92%
Sep 266.92%
Sep 266.87%
Aug 266.76%
Aug 266.63%
Aug 266.67%
Aug 266.21%
Jul 266.1%
Jul 265.81%
Jul 265.88%
Jul 266.21%
Jul 266.04%
Jun 266.03%
Jun 266.61%
Jun 266.49%
Jun 266.64%
May 266.38%
May 266.12%
May 266.27%
May 266.22%
May 266.13%
Apr 266.1%
Apr 265.49%
Apr 265.43%
Apr 265.65%
Mar 265.72%
Mar 265.74%
Mar 265.52%
Mar 265.55%
Feb 265.59%
Feb 265.05%
Feb 265.02%
Feb 265.33%
Jan 265.46%
Jan 265.64%
Jan 265.59%
Jan 265.79%
Jan 265.83%
Dec 255.81%
Dec 255.76%
Dec 255.8%
Dec 255.71%
Nov 255.64%
Nov 255.68%
Nov 255.81%
Nov 255.83%
Oct 255.72%
Oct 255.67%
Oct 255.65%
Oct 255.79%
Oct 255.43%
Sep 255.34%
Sep 255.43%
Sep 255.44%
Sep 255.43%
Aug 255.44%
Aug 255.47%
Aug 255.71%
Aug 255.69%
Aug 256.09%
Jul 256.1%
Jul 256.16%
Jul 256.1%
Jul 256.13%
Jun 256.13%
Jun 256.13%
Jun 256.12%
Jun 255.99%
May 255.99%
May 255.99%
May 255.77%
May 255.65%
May 255.62%
Apr 255.67%
Apr 255.63%
Apr 255.86%
Apr 255.97%
Mar 255.71%
Mar 255.82%
Mar 255.68%
Mar 255.85%
Feb 255.95%
Feb 256.43%
Feb 256.57%
Feb 256.57%
Jan 256.52%
Jan 256.37%
Jan 256.4%
Jan 256.7%
Jan 256.41%
Dec 246.45%
Dec 246.35%
Dec 246.1%
Dec 245.87%
Nov 245.79%
Nov 245.71%
Nov 245.71%
Nov 245.46%
Nov 245.96%
Oct 246.06%
Price to Sales
681012med 9.93Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI Price to Sales by year
PeriodPrice to Sales
Sep 267.86
Sep 267.86
Sep 267.92
Aug 268.05
Aug 268.2
Aug 268.15
Aug 269.03
Jul 269.19
Jul 269.66
Jul 269.55
Jul 269.03
Jul 269.29
Jun 269.3
Jun 268.49
Jun 268.65
Jun 268.45
May 268.79
May 269.17
May 268.95
May 269.03
May 269.55
Apr 269.59
Apr 2610.67
Apr 2610.77
Apr 2610.36
Mar 2610.24
Mar 2610.2
Mar 2610.61
Mar 2610.54
Feb 2610.47
Feb 2611.83
Feb 2611.91
Feb 2611.22
Jan 2610.96
Jan 2610.59
Jan 2610.7
Jan 2610.32
Jan 2610.25
Dec 2510.29
Dec 2510.38
Dec 2510.31
Dec 2510.46
Nov 2510.6
Nov 2510.52
Nov 2510.29
Nov 2510.25
Oct 259.98
Oct 2510.07
Oct 2510.09
Oct 259.86
Oct 2510.51
Sep 2510.69
Sep 2510.51
Sep 2510.48
Sep 2510.5
Aug 2510.48
Aug 2510.43
Aug 2510
Aug 2510.03
Aug 259.51
Jul 259.48
Jul 259.4
Jul 259.49
Jul 259.44
Jun 259.44
Jun 259.43
Jun 259.46
Jun 259.67
May 259.67
May 259.66
May 2510.02
May 2510.23
May 2510.21
Apr 2510.12
Apr 2510.2
Apr 259.8
Apr 259.62
Mar 2510.05
Mar 259.87
Mar 2510.11
Mar 259.82
Feb 259.65
Feb 259.12
Feb 258.93
Feb 258.93
Jan 259
Jan 259.2
Jan 259.16
Jan 258.75
Jan 259.15
Dec 249.1
Dec 249.23
Dec 249.62
Dec 249.99
Nov 2410.13
Nov 2410.27
Nov 2410.28
Nov 2410.73
Nov 2410.18
Oct 2410
EV/EBITDA
14161820med 16.9Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI EV/EBITDA by year
PeriodEV/EBITDA
Sep 2614.75
Sep 2614.75
Sep 2614.83
Aug 2615.01
Aug 2615.21
Aug 2615.15
Aug 2616.89
Jul 2617.11
Jul 2617.76
Jul 2617.61
Jul 2616.89
Jul 2617.25
Jun 2617.26
Jun 2616.14
Jun 2616.35
Jun 2616.07
May 2616.55
May 2617.07
May 2616.77
May 2616.88
May 2617.15
Apr 2617.2
Apr 2618.67
Apr 2618.81
Apr 2618.25
Mar 2618.08
Mar 2618.03
Mar 2618.59
Mar 2618.49
Feb 2618.4
Feb 2618.81
Feb 2618.92
Feb 2618.02
Jan 2617.69
Jan 2617.23
Jan 2617.36
Jan 2616.88
Jan 2616.79
Dec 2516.84
Dec 2516.96
Dec 2516.87
Dec 2517.06
Nov 2517.24
Nov 2517.14
Nov 2516.84
Nov 2516.78
Oct 2516.8
Oct 2516.92
Oct 2516.95
Oct 2516.65
Oct 2517.48
Sep 2517.72
Sep 2517.49
Sep 2517.45
Sep 2517.47
Aug 2517.45
Aug 2517.38
Aug 2516.83
Aug 2516.87
Aug 2516.36
Jul 2516.32
Jul 2516.22
Jul 2516.34
Jul 2516.27
Jun 2516.28
Jun 2516.27
Jun 2516.29
Jun 2516.56
May 2516.56
May 2516.55
May 2517.01
May 2517.29
May 2517.2
Apr 2517.08
Apr 2517.19
Apr 2516.68
Apr 2516.45
Mar 2517.01
Mar 2516.77
Mar 2517.07
Mar 2516.7
Feb 2516.49
Feb 2516.36
Feb 2516.12
Feb 2516.12
Jan 2516.21
Jan 2516.47
Jan 2516.42
Jan 2515.89
Jan 2516.4
Dec 2416.34
Dec 2416.51
Dec 2417.02
Dec 2417.51
Nov 2417.69
Nov 2417.87
Nov 2417.88
Nov 2418.47
Nov 2417.57
Oct 2417.35
Price/Operating Cashflow
1214161820med 15.94Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2613.59
Sep 2613.58
Sep 2613.68
Aug 2613.91
Aug 2614.16
Aug 2614.08
Aug 2614.75
Jul 2615.01
Jul 2615.77
Jul 2615.59
Jul 2614.75
Jul 2615.17
Jun 2615.19
Jun 2613.87
Jun 2614.12
Jun 2613.79
May 2614.35
May 2614.96
May 2614.61
May 2614.74
May 2614.97
Apr 2615.02
Apr 2616.71
Apr 2616.87
Apr 2616.23
Mar 2616.04
Mar 2615.98
Mar 2616.62
Mar 2616.51
Feb 2616.4
Feb 2618.42
Feb 2618.55
Feb 2617.46
Jan 2617.05
Jan 2616.49
Jan 2616.65
Jan 2616.07
Jan 2615.96
Dec 2516.02
Dec 2516.16
Dec 2516.05
Dec 2516.28
Nov 2516.51
Nov 2516.38
Nov 2516.02
Nov 2515.95
Oct 2516.22
Oct 2516.37
Oct 2516.41
Oct 2516.03
Oct 2517.09
Sep 2517.39
Sep 2517.1
Sep 2517.05
Sep 2517.07
Aug 2517.05
Aug 2516.96
Aug 2516.26
Aug 2516.31
Aug 2515.23
Jul 2515.19
Jul 2515.05
Jul 2515.21
Jul 2515.12
Jun 2515.13
Jun 2515.11
Jun 2515.15
Jun 2515.49
May 2515.49
May 2515.48
May 2516.05
May 2516.4
May 2516.44
Apr 2516.29
Apr 2516.42
Apr 2515.78
Apr 2515.48
Mar 2516.19
Mar 2515.9
Mar 2516.28
Mar 2515.8
Feb 2515.53
Feb 2514.71
Feb 2514.42
Feb 2514.41
Jan 2514.53
Jan 2514.85
Jan 2514.79
Jan 2514.13
Jan 2514.76
Dec 2414.68
Dec 2414.9
Dec 2415.52
Dec 2416.13
Nov 2416.35
Nov 2416.58
Nov 2416.58
Nov 2417.32
Nov 2416.19
Oct 2415.92
Price to Book
22.22.42.62.83med 2.43Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NHI Price to Book by year
PeriodPrice to Book
Sep 262.16
Sep 262.16
Sep 262.17
Aug 262.21
Aug 262.25
Aug 262.24
Aug 262.37
Jul 262.42
Jul 262.54
Jul 262.51
Jul 262.38
Jul 262.44
Jun 262.45
Jun 262.23
Jun 262.27
Jun 262.22
May 262.31
May 262.41
May 262.35
May 262.37
May 262.34
Apr 262.34
Apr 262.61
Apr 262.63
Apr 262.53
Mar 262.5
Mar 262.49
Mar 262.59
Mar 262.58
Feb 262.56
Feb 262.81
Feb 262.83
Feb 262.66
Jan 262.6
Jan 262.51
Jan 262.54
Jan 262.45
Jan 262.43
Dec 252.44
Dec 252.46
Dec 252.45
Dec 252.48
Nov 252.52
Nov 252.5
Nov 252.44
Nov 252.43
Oct 252.32
Oct 252.34
Oct 252.35
Oct 252.3
Oct 252.45
Sep 252.49
Sep 252.45
Sep 252.44
Sep 252.44
Aug 252.44
Aug 252.43
Aug 252.33
Aug 252.34
Aug 252.26
Jul 252.25
Jul 252.23
Jul 252.25
Jul 252.24
Jun 252.24
Jun 252.24
Jun 252.24
Jun 252.29
May 252.29
May 252.29
May 252.38
May 252.43
May 252.47
Apr 252.45
Apr 252.47
Apr 252.37
Apr 252.33
Mar 252.43
Mar 252.39
Mar 252.45
Mar 252.38
Feb 252.33
Feb 252.4
Feb 252.36
Feb 252.36
Jan 252.37
Jan 252.43
Jan 252.42
Jan 252.31
Jan 252.41
Dec 242.4
Dec 242.43
Dec 242.54
Dec 242.63
Nov 242.67
Nov 242.71
Nov 242.71
Nov 242.83
Nov 242.63
Oct 242.58
National Health Investors, Inc.
NHI
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News: NHI

NHI to Participate in the BofA Securities 2026 Global Real Estate Conference; Updates Pipeline

prnewswire.com · 14 Sep 2026

NHI to Participate in the BofA Securities 2026 Global Real Estate Conference; Updates Pipeline

MURFREESBORO, Tenn., Sept. 14, 2026 /PRNewswire/ -- National Health Investors, Inc. (NYSE: NHI) announced today that management will participate in investor meetings at the BofA Securities 2026 Global Real Estate Conference on September 15, 2026.

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Primary Health Properties (OTCMKTS:PHPRF) versus National Health Investors (NYSE:NHI) Head-To-Head Review

defenseworld.net · 3 Sep 2026

Primary Health Properties (OTCMKTS:PHPRF) versus National Health Investors (NYSE:NHI) Head-To-Head Review

National Health Investors (NYSE: NHI - Get Free Report) and Primary Health Properties (OTCMKTS:PHPRF - Get Free Report) are both real estate companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, analyst recommendations, dividends and profitability. Valuation and Earnings This table

Canada Pension Plan Investment Board Invests $1.23 Million in National Health Investors, Inc. $NHI

defenseworld.net · 1 Sep 2026

Canada Pension Plan Investment Board Invests $1.23 Million in National Health Investors, Inc. $NHI

Canada Pension Plan Investment Board bought a new position in shares of National Health Investors, Inc. (NYSE: NHI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,100 shares of the real estate investment trust's stock, valued at

CUZ vs. NHI: Which Stock Should Value Investors Buy Now?

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CUZ vs. NHI: Which Stock Should Value Investors Buy Now?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Cousins Properties (CUZ) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?

Beacon Pointe Advisors LLC Acquires New Stake in National Health Investors, Inc. $NHI

defenseworld.net · 29 Aug 2026

Beacon Pointe Advisors LLC Acquires New Stake in National Health Investors, Inc. $NHI

Beacon Pointe Advisors LLC bought a new stake in shares of National Health Investors, Inc. (NYSE: NHI) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 112,016 shares of the real estate investment trust's stock, valued at approximately $8,544,000. Beacon

Deutsche Bank AG Acquires Shares of 121,326 National Health Investors, Inc. $NHI

defenseworld.net · 24 Aug 2026

Deutsche Bank AG Acquires Shares of 121,326 National Health Investors, Inc. $NHI

Deutsche Bank AG acquired a new stake in National Health Investors, Inc. (NYSE: NHI) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 121,326 shares of the real estate investment trust's stock, valued at approximately $9,252,000. Deutsche Bank AG owned about 0.25% of

BlackRock Inc. Buys New Position in National Health Investors, Inc. $NHI

defenseworld.net · 24 Aug 2026

BlackRock Inc. Buys New Position in National Health Investors, Inc. $NHI

BlackRock Inc. bought a new position in shares of National Health Investors, Inc. (NYSE: NHI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,733,237 shares of the real estate investment trust's stock, valued at approximately $665,997,000. BlackRock Inc. owned 18.02% of

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