Earnings Surprise Are On Cards For National Health Investors, Inc. ($NHI)?

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National Health Investors, Inc. (NYSE:NHI) is set to announce second quarter earning results on Monday 10th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, NHI to report 2Q20 income of $ 1.00 per share.

For the full year, analysts anticipate top line of $ 334.17 million, while looking forward to income of $ 4.21 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 5.31 ~ $ 5.35 per share

Click Here For More Historical Outlooks Of National Health Investors, Inc.

Previous Quarter Performance

National Health Investors, Inc. recorded income for the first quarter of $ 1.36 per share, from the revenue of $ 83.08 million. The quarterly earnings swell 63.86 percent while revenues extended 17.10 percent compared with the same quarter last year.
Street analysts expected National Health Investors, Inc. to report income of $ 0.95 per share on revenue of $ 83.09 million for the first quarter. The bottom line results beat street analysts by $ 0.41 or 43.16 percent, at the same time, top line results fell short of analysts by $ 0.01 million or 0.01 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of National Health Investors, Inc.

Stock Performance

According to the previous trading day, closing price of NHI was $ 65.65, representing a 109.28 % increase from the 52 week low of $ 31.37 and a 27.95 % decrease over the 52 week high of $ 91.12.

The company has a market capital of $ 2.93 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.

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Recent Analyst recommendations

  • On 24th June 2020, maintained by SunTrust Robinson Humphrey at Hold rating, with $ 64.00 target price.
  • On 17th June 2020, maintained by Wells Fargo & Co at Equal-Weight rating, with $ 66.00 target price.

Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHIs portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.