National Health Investors Inc (NHI) stock
Close on Nov 11, 2026Market cap $3.24BP/E 4.6Yield 5.27%
National Health Investors Inc grew revenue 28.2% to $455.76M over the twelve months to Sep 30, 2026. Free cash flow was -$57.47M, down 215.3% from a year earlier. At the latest close the market valued the company at $3.24B, 4.6 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $3.24B
- P/E ratio
- 4.6
- Price to sales
- 7.11
- Price to book
- 1.55
- Dividend yield
- 5.27%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $455.76M
- Net income
- $697.46M
- EPS, diluted
- $14.24
- Free cash flow
- -$57.47M
- Book value per share
- $42.62
- Diluted shares
- 49M
Trading
- Next earnings
- Feb 25, 2027 (estimated, during market hours)
- Previous close
- $67.79
- Open
- $67.02
- Day's range
- $65.30 – $67.31
- Volume
- 485,750
- Average volume (20 days)
- 300,284
- Index membership
- S&P SmallCap 600, Russell 2000, Russell 3000
- Beta (5 years)
- 0.35
- 52-week range
- $63.51 – $91.38
- RSI (14 days)
- 42.7
- Volatility (1 year)
- 24.6%
- Relative volume
- 1.37×
- WACC
- 7.4%
On 3 of our idea lists: Breakout quarter, Turnarounds, Strong quarter, insiders buying
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | NHI | S&P 500 | Difference | NHI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +1.8% | -2.4% | +4.2 pts | ||
| 3 months | -4.3% | -1.2% | −3.1 pts | ||
| Year to date | -10.3% | +12.3% | −22.6 pts | ||
| 1 year | -9.6% | +12.4% | −22.0 pts | ||
| 3 years | +51.4% | +78.8% | −27.4 pts | +14.8% | +21.4% |
| 5 years | +53.2% | +75.2% | −22.0 pts | +8.9% | +11.9% |
| 10 years | +72.1% | +311.1% | −239.1 pts | +5.6% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases National Health Investors filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Update
- Update
- Results
- Update
- Update
About National Health Investors
Real Estate Investment Trusts
National Health Investors, Inc. is a self-managed real estate investment trust that finances, develops, owns, and leases healthcare properties. The company operates across two reportable segments: Real Estate Investments and the Senior Housing Operating Portfolio. Its portfolio includes senior housing properties such as independent living, assisted living, entrance fee communities, and senior living campuses, along with medical facilities comprising skilled nursing facilities and hospitals. In addition to property ownership, the company extends mortgages, construction loans, mezzanine debt, and revolving credit facilities. Its customers are healthcare facility tenants, third-party operating partners, and resident consumers.
Company profile, executives and historyNational Health Investors stock: common questions
What is National Health Investors's stock price?
NHI closed at $66.02 on Nov 11, 2026, down 2.61% on the day. Over the past 52 weeks it traded between $63.51 and $91.38.
What is National Health Investors's market cap?
National Health Investors was worth $3.24B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is NHI's P/E ratio?
NHI trades at 4.6 times earnings, based on diluted earnings per share of $14.24 over the twelve months to Sep 30, 2026.
How much revenue does National Health Investors make?
National Health Investors reported revenue of $455.76M for the twelve months to Sep 30, 2026, up 28.2% from a year earlier.
Does National Health Investors pay a dividend?
Yes. National Health Investors paid $3.48 per share over the last twelve months, a yield of 5.27% at the latest price.
When does National Health Investors report earnings next?
National Health Investors is expected to report Q4 FY2026 results on Feb 25, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has NHI stock performed over the past year?
Including dividends, NHI returned -9.6% over the past year, against +12.4% for the S&P 500.
How many NHI shares are sold short?
2M shares were sold short at the latest FINRA report, 4.65% of the float, or 9.1 days of average trading volume.
Who are National Health Investors's competitors?
Companies most similar to National Health Investors by business, industry and size include NHP, LTC, CTRE, SBRA, OHI.
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