National Health Investors, Inc. (NHI)
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
$70.88-1.43%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
QuarterlyIQ Insights · NHI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within real estate on a research-validated quality screen. As of 2026-09-04.
The screen ranks NHI against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 2 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated strong grew net income 57% of the time over the next year (vs 53% for the rest of the cohort, n=2778).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow the Senior Housing Operating Portfolio (SHOP) with acquisitions and investment opportunities to increase NOI and capitalize on demographic tailwinds.
Stated as a priority in 2 of last 2 quarters. The company expanded its Senior Housing Operating Portfolio with $854.8 million invested capital in 2026-Q2, a 137% increase year-over-year, and SHOP NOI increased approximately 188% year-over-year. The trajectory is delivering with significant growth in invested capital and NOI.
“We continued to expand our Senior Housing Operating Portfolio with second quarter invested capital of $854.8 million, a 137% increase from the prior year period.”
“The Company owns, leases, operates and finances the development of high-quality real estate properties, focusing on senior housing communities and medical facilities.”
Pursue acquisitions and dispositions to optimize portfolio, including sale of NHC portfolio and investments in senior housing properties.
Stated as a priority in 2 of last 2 quarters. The company completed the sale of the NHC portfolio for $560 million with an expected gain of $541.6 million and acquired senior housing properties totaling $124.4 million in 2026-Q2. The trajectory shows active M&A execution supporting growth.
“Completed sale of NHC portfolio for $560 million and acquired senior housing properties in Colorado and Georgia.”
Sustain and grow quarterly cash dividend to provide shareholder returns, recently increased to $0.94 per share.
Stated as a priority in 3 of last 3 quarters. Dividend per share was $0.92 in 2025-Q4 and 2026-Q1, increased to $0.94 in 2026-Q2. The company is delivering on its commitment to maintain and grow dividends.
“Board declared increase in quarterly cash dividend to $0.94 per share from $0.92.”
Maintain strong cash flow from operations to support investments, dividends, and debt management.
Stated as a priority in 4 of last 4 quarters. Cash from operating activities ranged from $53.4 million in 2026-Q1 to $67.7 million in 2025-Q4, supporting financial health. The company is maintaining strong cash flow consistent with its stated priority.
Enhance leadership capabilities by appointing experienced executives to support growth and operational excellence.
Newly stated in 2026-Q3 with the appointment of a Chief Operating Officer. This leadership addition aims to strengthen operational capabilities. No prior quarters stated this priority, so trajectory is newly initiated.
“Appointed Chris Maingot as Chief Operating Officer to enhance ability to drive long-term growth.”
Over the trailing year it converted 1.41x of net income into operating cash flow. Historically, Real Estate names rated fragile grew net income 30% of the time over the next year (vs 59% for the rest of the cohort, n=2211).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, the broad stock market, long-term interest rates, Fed net liquidity (low R² over the window).
20 material management or governance events in the past 24 months, led by executive changes. Historically, Real Estate names rated volatile grew net income 54% of the time over the next year (vs 51% for the rest of the cohort, n=658).
Not investment advice. As of 2026-09-04.
“The Company owns, leases, operates and finances the development of high-quality real estate properties, focusing on senior housing communities and medical facilities.”
“Dividend per share was $0.92 for the quarter ended March 31, 2026.”
“Dividend per share was $0.92 for the quarter ended December 31, 2025.”
“Cash from operating activities was $53.4 million for the quarter ended March 31, 2026.”
“Cash from operating activities was $67.7 million for the quarter ended December 31, 2025.”
“Cash from operating activities was $62.5 million for the quarter ended September 30, 2025.”
“Cash from operating activities was $59.8 million for the quarter ended June 30, 2025.”