National Health Investors, Inc. (NHI)Real Estate | REIT - Healthcare Facilities | Murfreesboro, United States | NYSE
75.93 USD
+0.03
(0.033%)
⇧
(July 14, 2026, 11:41 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:59 a.m. EDT
National Health Investors presents a classic yield trap scenario where a 4.83% dividend yield masks severe fundamental deterioration. While the stock has recovered to trade above its 50-day moving average, the payout ratio of 118% signals that the company is consuming capital to fund distributions rather than reinvesting in growth. Earnings have contracted by 43% year-over-year, and liquidity remains tight with a current ratio below 0.6. Speculators are betting on a rebound via heavy call open interest, but the underlying business metrics—negative revenue growth and high leverage—suggest the current price level is not a long-term solution. The short-term technicals offer a slight edge, but the long-term outlook is compromised by the unsustainable dividend and deteriorating earnings power. |
| Model | MAE |
|---|---|
| MSTL_115 ✓ | 0.091958 |
| MSTL | 0.119883 |
| AutoARIMA | 0.121315 |
| AutoETS | 0.121315 |
| AutoTheta | 0.126674 |
Forecast horizon: 60 days | Selected: MSTL_115
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 1.10 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.045 |
| Excess Kurtosis | 0.64 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-06-29 |
| Last Dividend Date | 2026-06-29 |
| Debt to Equity Ratio | 97.569 |
| Revenue per Share | 8.516 |
| Market Cap | 3,680,166,912 |
| Trailing P/E | 24.49 |
| Forward P/E | 22.01 |
| Beta | 0.54 |
| Profit Margins | 36.60% |
| Website | https://www.nhireit.com |
As of July 11, 2026, 3:59 a.m. EDT: Near-term call open interest exceeds put open interest, suggesting speculative bullish positioning despite elevated implied volatility around 50%. Longer-dated expiration shows heavier put positioning, indicating hedging against potential downside. The imbalance suggests a short-term rebound expectation, though the high IV reflects significant uncertainty.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.21% | 4.71% | 5.24% | 5.76% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-30 | 0.920 | 1.206399 |
| 2026-03-31 | 0.920 | 1.137769 |
| 2025-12-31 | 0.920 | 1.204661 |
| 2025-09-30 | 0.920 | 1.157233 |
| 2025-06-30 | 0.900 | 1.283514 |
| 2025-03-31 | 0.900 | 1.218522 |
| 2024-12-31 | 0.900 | 1.298701 |
| 2024-09-27 | 0.900 | 1.084468 |
| 2024-06-28 | 0.900 | 1.328805 |
| 2024-03-27 | 0.900 | 1.455840 |
| 2023-12-28 | 0.900 | 1.587302 |
| 2023-09-28 | 0.900 | 1.762632 |
| 2023-06-29 | 0.900 | 1.718213 |
| 2023-03-30 | 0.900 | 1.771654 |
| 2022-12-29 | 0.900 | 1.727116 |
| 2022-09-29 | 0.900 | 1.627192 |
| 2022-06-29 | 0.900 | 1.472995 |
| 2022-03-30 | 0.900 | 1.513623 |
| 2021-12-30 | 0.900 | 1.571229 |
| 2021-09-29 | 0.900 | 1.666975 |
| 2021-06-29 | 0.900 | 1.351757 |
| 2021-03-30 | 1.103 | 1.513654 |
| 2020-12-30 | 1.103 | 1.591401 |
| 2020-09-29 | 1.103 | 1.820432 |
| 2020-06-29 | 1.103 | 1.827672 |
| 2020-03-30 | 1.103 | 2.109793 |
| 2019-12-30 | 1.050 | 1.291354 |
| 2019-09-27 | 1.050 | 1.263386 |
| 2019-06-27 | 1.050 | 1.354314 |
| 2019-03-28 | 1.050 | 1.324587 |
| 2018-12-28 | 1.000 | 1.326436 |
| 2018-09-27 | 1.000 | 1.348982 |
| 2018-06-28 | 1.000 | 1.340303 |
| 2018-03-28 | 1.000 | 1.476015 |
| 2017-12-28 | 0.950 | 1.255783 |
| 2017-09-28 | 0.950 | 1.224385 |
| 2017-06-28 | 0.950 | 1.197378 |
| 2017-03-29 | 0.950 | 1.315425 |
| 2016-12-28 | 0.900 | 1.247574 |
| 2016-09-28 | 0.900 | 1.119403 |
| 2016-06-28 | 0.900 | 1.220339 |
| 2016-03-29 | 0.900 | 1.344688 |
| 2015-12-29 | 0.850 | 1.373404 |
| 2015-09-28 | 0.850 | 1.471861 |
| 2015-06-26 | 0.850 | 1.354150 |
| 2015-03-27 | 0.850 | 1.205674 |
| 2014-12-29 | 0.770 | 1.092199 |
| 2014-09-26 | 0.770 | 1.324162 |
| 2014-06-26 | 0.770 | 1.229639 |
| 2014-03-27 | 0.770 | 1.296951 |
| 2013-12-27 | 0.735 | 1.305043 |
| 2013-09-26 | 0.735 | 1.274272 |
| 2013-06-26 | 0.735 | 1.270527 |
| 2013-03-26 | 0.695 | 1.064318 |
| 2013-01-08 | 0.220 | 0.370995 |
| 2012-12-27 | 0.670 | 1.195361 |
| 2012-09-26 | 0.670 | 1.296942 |
| 2012-06-27 | 0.650 | 1.296887 |
| 2012-03-28 | 0.650 | 1.338275 |
| 2011-12-28 | 0.870 | 1.972342 |
| 2011-09-28 | 0.615 | 1.470940 |
| 2011-06-28 | 0.615 | 1.388575 |
| 2011-03-29 | 0.615 | 1.311860 |
| 2010-12-29 | 0.605 | 1.328794 |
| 2010-09-28 | 0.605 | 1.358940 |
| 2010-06-28 | 0.575 | 1.459391 |
| 2010-03-29 | 0.575 | 1.516750 |
| 2009-12-29 | 0.650 | 1.774986 |
| 2009-09-28 | 0.550 | 1.695438 |
| 2009-06-26 | 0.550 | 2.037792 |
| 2009-03-27 | 0.550 | 2.133437 |
| 2008-12-29 | 0.690 | 2.642666 |
| 2008-09-26 | 0.550 | 1.641791 |
| 2008-06-26 | 0.550 | 1.905752 |
| 2008-03-27 | 0.630 | 1.935484 |
| 2007-12-27 | 1.350 | 4.745167 |
| 2007-09-26 | 0.500 | 1.590331 |
| 2007-06-27 | 0.500 | 1.545595 |
| 2007-03-28 | 0.500 | 1.637733 |
| 2006-12-26 | 0.930 | 2.837096 |
| 2006-09-27 | 0.480 | 1.683029 |
| 2006-06-28 | 0.480 | 1.886051 |
| 2006-03-29 | 0.480 | 1.849711 |
| 2005-12-28 | 0.450 | 1.715593 |
| 2005-09-28 | 0.450 | 1.683502 |
| 2005-06-28 | 0.450 | 1.593484 |
| 2005-03-29 | 0.450 | 1.779359 |
| 2004-12-29 | 0.575 | 1.945196 |
| 2004-09-28 | 0.425 | 1.512455 |
| 2004-06-28 | 0.425 | 1.574074 |
| 2004-03-29 | 0.425 | 1.422356 |
| 2003-12-26 | 0.500 | 2.016129 |
| 2003-09-26 | 0.400 | 1.937046 |
| 2003-06-26 | 0.400 | 2.234637 |
| 2003-03-27 | 0.400 | 2.551020 |
| 2002-12-27 | 0.350 | 2.194357 |
| 2002-09-26 | 0.350 | 2.308707 |
| 2002-06-25 | 0.350 | 2.184769 |
| 2002-03-26 | 0.350 | 2.372881 |
| 2001-12-26 | 0.450 | 2.920182 |
| 2000-06-27 | 0.640 | 5.818182 |
| 2000-03-28 | 0.640 | 5.475936 |
| 1999-12-28 | 0.740 | 4.933333 |
| 1999-09-27 | 0.740 | 4.198582 |
| 1999-06-25 | 0.740 | 3.200000 |
| 1999-03-26 | 0.740 | 3.200000 |
| 1998-12-28 | 0.740 | 2.859903 |
| 1998-09-25 | 0.740 | 2.436214 |
| 1998-06-25 | 0.740 | 2.250951 |
| 1998-03-26 | 0.740 | 1.838509 |
| 1997-12-26 | 0.740 | 1.791225 |
| 1997-09-25 | 0.740 | 1.891374 |
| 1997-06-25 | 0.740 | 1.903537 |
| 1997-03-25 | 0.740 | 1.960265 |
| 1996-12-26 | 0.740 | 2.013605 |
| 1996-09-25 | 0.700 | 2.097378 |
| 1996-06-26 | 0.700 | 2.105263 |
| 1996-03-27 | 0.700 | 2.129278 |
| 1995-12-27 | 0.700 | 2.105263 |
| 1995-09-27 | 0.670 | 2.252101 |
| 1995-06-28 | 0.270 | 1.009346 |
| 1995-05-16 | 0.350 | 1.272727 |
| 1995-03-27 | 0.620 | 2.431373 |
| 1994-12-23 | 0.620 | 2.373206 |
| 1994-09-26 | 0.620 | 2.185022 |
| 1994-06-24 | 0.570 | 2.054054 |
| 1994-03-25 | 0.570 | 2.017699 |
| 1993-12-27 | 0.570 | 2.063348 |
| 1993-09-24 | 0.540 | 2.000000 |
| 1993-06-24 | 0.535 | 1.927928 |
| 1993-03-25 | 0.530 | 1.944954 |
| 1992-12-24 | 0.525 | 2.333333 |
| 1992-10-26 | 0.520 | 2.166667 |
| 1992-06-24 | 0.500 | 2.139037 |
| 1992-03-25 | 0.500 | 2.185792 |
| 1991-12-24 | 0.420 | 1.931034 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.07659578 |
| Address1 | 222 Robert Rose Drive |
| All Time High | 91.38 |
| All Time Low | 4.875 |
| Ask | 75.96 |
| Ask Size | 200 |
| Audit Risk | 5 |
| Average Daily Volume10 Day | 1,255,740 |
| Average Daily Volume3 Month | 629,531 |
| Average Volume | 629,531 |
| Average Volume10Days | 1,255,740 |
| Beta | 0.539 |
| Bid | 75.84 |
| Bid Size | 100 |
| Board Risk | 2 |
| Book Value | 31.259 |
| City | Murfreesboro |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 75.925 |
| Current Ratio | 0.6 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 76.3397 |
| Day Low | 75.185 |
| Debt To Equity | 97.569 |
| Display Name | National Health Investors |
| Dividend Date | 1,786,060,800 |
| Dividend Rate | 3.68 |
| Dividend Yield | 4.89 |
| Earnings Call Timestamp End | 1,777,989,600 |
| Earnings Call Timestamp Start | 1,777,989,600 |
| Earnings Growth | -0.43 |
| Earnings Quarterly Growth | -0.421 |
| Earnings Timestamp | 1,777,924,800 |
| Earnings Timestamp End | 1,777,924,800 |
| Earnings Timestamp Start | 1,777,924,800 |
| Ebitda | 285,143,008 |
| Ebitda Margins | 0.70456004 |
| Enterprise To Ebitda | 17.889 |
| Enterprise To Revenue | 12.604 |
| Enterprise Value | 5,100,834,816 |
| Eps Current Year | 14.55137 |
| Eps Forward | 3.44996 |
| Eps Trailing Twelve Months | 3.1 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,782,777,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 74.255 |
| Fifty Day Average Change | 1.6700058 |
| Fifty Day Average Change Percent | 0.022490148 |
| Fifty Two Week Change Percent | 7.6595783 |
| Fifty Two Week High | 91.38 |
| Fifty Two Week High Change | -15.454994 |
| Fifty Two Week High Change Percent | -0.16912885 |
| Fifty Two Week Low | 67.94 |
| Fifty Two Week Low Change | 7.9850006 |
| Fifty Two Week Low Change Percent | 0.11753018 |
| Fifty Two Week Range | 67.94 - 91.38 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 687,015,000,000 |
| Five Year Avg Dividend Yield | 5.85 |
| Float Shares | 47,300,502 |
| Forward Eps | 3.44996 |
| Forward P E | 22.007502 |
| Free Cashflow | 207,952,256 |
| Full Exchange Name | NYSE |
| Full Time Employees | 32 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.77983004 |
| Gross Profits | 315,604,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02419 |
| Held Percent Institutions | 0.75817 |
| Implied Shares Outstanding | 48,471,079 |
| Industry | REIT - Healthcare Facilities |
| Industry Disp | REIT - Healthcare Facilities |
| Industry Key | reit-healthcare-facilities |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,782,777,600 |
| Last Dividend Value | 0.92 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | National Health Investors, Inc. is a self-managed real estate investment trust specializing in sale-leaseback, joint venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical facility investments. NHI's portfolio consists of independent living facilities, assisted living and memory care communities, entrance-fee retirement communities, senior living campuses, skilled nursing facilities and specialty hospitals. National Health Investors, Inc. was established on October 15th 1991 and was incorporated in 1991 in Maryland and is based in Murfreesboro, Tennessee. |
| Long Name | National Health Investors, Inc. |
| Market | us_market |
| Market Cap | 3,680,166,912 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_320908 |
| Most Recent Quarter | 1,617,148,800 |
| Net Income To Common | 147,887,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,678,954,896 |
| Number Of Analyst Opinions | 8 |
| Open | 75.97 |
| Operating Cashflow | 243,524,992 |
| Operating Margins | 0.61341 |
| Overall Risk | 4 |
| Payout Ratio | 1.1805999 |
| Peg Ratio | 4.76 |
| Phone | 615 890 9100 |
| Previous Close | 75.9 |
| Price Eps Current Year | 5.217722 |
| Price Hint | 2 |
| Price To Book | 2.4289005 |
| Price To Sales Trailing12 Months | 9.093321 |
| Profit Margins | 0.36597002 |
| Quick Ratio | 0.552 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.025001526 |
| Regular Market Change Percent | 0.032940086 |
| Regular Market Day High | 76.3397 |
| Regular Market Day Low | 75.185 |
| Regular Market Day Range | 75.185 - 76.3397 |
| Regular Market Open | 75.97 |
| Regular Market Previous Close | 75.9 |
| Regular Market Price | 75.925 |
| Regular Market Time | 1,784,043,694 |
| Regular Market Volume | 70,880 |
| Return On Assets | 0.044 |
| Return On Equity | 0.098570004 |
| Revenue Growth | -0.026 |
| Revenue Per Share | 8.516 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 48,471,079 |
| Shares Percent Shares Out | 0.077199996 |
| Shares Short | 3,740,952 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 2,127,626 |
| Short Name | National Health Investors, Inc. |
| Short Percent Of Float | 0.0791 |
| Short Ratio | 3.89 |
| Source Interval | 15 |
| State | TN |
| Symbol | NHI |
| Target High Price | 91.0 |
| Target Low Price | 74.0 |
| Target Mean Price | 82.875 |
| Target Median Price | 80.5 |
| Total Cash | 113,375,000 |
| Total Cash Per Share | 2.339 |
| Total Debt | 1,524,724,992 |
| Total Revenue | 404,711,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.66 |
| Trailing Annual Dividend Yield | 0.048221342 |
| Trailing Eps | 3.1 |
| Trailing P E | 24.491938 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 78.7208 |
| Two Hundred Day Average Change | -2.7957993 |
| Two Hundred Day Average Change Percent | -0.03551538 |
| Type Disp | Equity |
| Volume | 70,880 |
| Website | https://www.nhireit.com |
| Zip | 37,129-6346 |