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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.03
NHI's Cash to Debt is ranked higher than
60% of the 810 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.05 vs. NHI: 0.03 )
NHI' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.03

Equity to Asset 0.52
NHI's Equity to Asset is ranked higher than
78% of the 824 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.48 vs. NHI: 0.52 )
NHI' s 10-Year Equity to Asset Range
Min: 0.35   Max: 0.96
Current: 0.52

0.35
0.96
Interest Coverage 8.22
NHI's Interest Coverage is ranked higher than
90% of the 689 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.61 vs. NHI: 8.22 )
NHI' s 10-Year Interest Coverage Range
Min: 2.18   Max: 583
Current: 8.22

2.18
583
F-Score: 5
Z-Score: 2.28
M-Score: -1.91
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 57.86
NHI's Operating margin (%) is ranked higher than
83% of the 840 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 41.50 vs. NHI: 57.86 )
NHI' s 10-Year Operating margin (%) Range
Min: 42.21   Max: 106.98
Current: 57.86

42.21
106.98
Net-margin (%) 62.99
NHI's Net-margin (%) is ranked higher than
85% of the 841 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 33.29 vs. NHI: 62.99 )
NHI' s 10-Year Net-margin (%) Range
Min: -0.05   Max: 155.14
Current: 62.99

-0.05
155.14
ROE (%) 14.30
NHI's ROE (%) is ranked higher than
90% of the 850 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.61 vs. NHI: 14.30 )
NHI' s 10-Year ROE (%) Range
Min: -0.02   Max: 21.97
Current: 14.3

-0.02
21.97
ROA (%) 7.47
NHI's ROA (%) is ranked higher than
92% of the 855 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.95 vs. NHI: 7.47 )
NHI' s 10-Year ROA (%) Range
Min: -0.01   Max: 17.55
Current: 7.47

-0.01
17.55
ROC (Joel Greenblatt) (%) 7.95
NHI's ROC (Joel Greenblatt) (%) is ranked higher than
77% of the 762 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.20 vs. NHI: 7.95 )
NHI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 8.51   Max: 31.47
Current: 7.95

8.51
31.47
Revenue Growth (3Y)(%) 13.60
NHI's Revenue Growth (3Y)(%) is ranked higher than
96% of the 660 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -0.70 vs. NHI: 13.60 )
NHI' s 10-Year Revenue Growth (3Y)(%) Range
Min: -25   Max: 14.3
Current: 13.6

-25
14.3
EBITDA Growth (3Y)(%) 15.40
NHI's EBITDA Growth (3Y)(%) is ranked higher than
87% of the 586 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.90 vs. NHI: 15.40 )
NHI' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 23.3
Current: 15.4

0
23.3
EPS Growth (3Y)(%) 7.50
NHI's EPS Growth (3Y)(%) is ranked higher than
80% of the 477 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -2.60 vs. NHI: 7.50 )
NHI' s 10-Year EPS Growth (3Y)(%) Range
Min: -25.2   Max: 27.2
Current: 7.5

-25.2
27.2
» NHI's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

NHI Guru Trades in Q4 2013

Paul Tudor Jones 6,620 sh (New)
Chuck Royce 178,870 sh (unchged)
Jim Simons 146,716 sh (-22.29%)
» More
Q1 2014

NHI Guru Trades in Q1 2014

John Burbank 4,946 sh (New)
Chuck Royce 178,870 sh (unchged)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
» More
Q2 2014

NHI Guru Trades in Q2 2014

Chuck Royce 178,870 sh (unchged)
John Burbank Sold Out
» More
Q3 2014

NHI Guru Trades in Q3 2014

Chuck Royce 178,870 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with NHI

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2014-06-30 Sold Out 0.01%$59.2 - $64.44 $ 68.7312%0
John Burbank 2014-03-31 New Buy0.01%$55.13 - $63.11 $ 68.7314%4946
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 21.80
NHI's P/E(ttm) is ranked higher than
76% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 27.30 vs. NHI: 21.80 )
NHI' s 10-Year P/E(ttm) Range
Min: 7.05   Max: 22.73
Current: 21.8

7.05
22.73
P/B 2.95
NHI's P/B is ranked higher than
53% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.28 vs. NHI: 2.95 )
NHI' s 10-Year P/B Range
Min: 1.16   Max: 4.35
Current: 2.95

1.16
4.35
P/S 13.83
NHI's P/S is ranked higher than
54% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 8.01 vs. NHI: 13.83 )
NHI' s 10-Year P/S Range
Min: 8.31   Max: 52.99
Current: 13.83

8.31
52.99
EV-to-EBIT 31.07
NHI's EV-to-EBIT is ranked higher than
74% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 32.78 vs. NHI: 31.07 )
NHI' s 10-Year EV-to-EBIT Range
Min: 7.7   Max: 44.1
Current: 31.07

7.7
44.1
PEG 1.38
NHI's PEG is ranked higher than
93% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.38 )
NHI' s 10-Year PEG Range
Min: 0.39   Max: 9.04
Current: 1.38

0.39
9.04
Shiller P/E 22.70
NHI's Shiller P/E is ranked higher than
91% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 22.70 )
NHI' s 10-Year Shiller P/E Range
Min: 7.96   Max: 24.37
Current: 22.7

7.96
24.37
Current Ratio 1.27
NHI's Current Ratio is ranked higher than
78% of the 771 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.85 vs. NHI: 1.27 )
NHI' s 10-Year Current Ratio Range
Min: 0.56   Max: 6.65
Current: 1.27

0.56
6.65
Quick Ratio 1.27
NHI's Quick Ratio is ranked higher than
80% of the 771 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.77 vs. NHI: 1.27 )
NHI' s 10-Year Quick Ratio Range
Min: 0.56   Max: 6.65
Current: 1.27

0.56
6.65

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.43
NHI's Dividend Yield is ranked higher than
52% of the 829 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.40 vs. NHI: 4.43 )
NHI' s 10-Year Dividend Yield Range
Min: 3.76   Max: 11.55
Current: 4.43

3.76
11.55
Dividend Payout 1.00
NHI's Dividend Payout is ranked higher than
72% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.31 vs. NHI: 1.00 )
NHI' s 10-Year Dividend Payout Range
Min: 0.38   Max: 3.47
Current: 1

0.38
3.47
Dividend growth (3y) 7.10
NHI's Dividend growth (3y) is ranked higher than
78% of the 517 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.90 vs. NHI: 7.10 )
NHI' s 10-Year Dividend growth (3y) Range
Min: -46.6   Max: 55.7
Current: 7.1

-46.6
55.7
Yield on cost (5-Year) 6.28
NHI's Yield on cost (5-Year) is ranked higher than
68% of the 832 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.80 vs. NHI: 6.28 )
NHI' s 10-Year Yield on cost (5-Year) Range
Min: 5.25   Max: 16.12
Current: 6.28

5.25
16.12
Share Buyback Rate -0.80
NHI's Share Buyback Rate is ranked higher than
90% of the 621 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -6.20 vs. NHI: -0.80 )
NHI' s 10-Year Share Buyback Rate Range
Min: 5.2   Max: -22.5
Current: -0.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.94
NHI's Price/Tangible Book is ranked higher than
57% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.35 vs. NHI: 2.94 )
NHI' s 10-Year Price/Tangible Book Range
Min: 0.42   Max: 3.99
Current: 2.94

0.42
3.99
Price/Median PS Value 0.94
NHI's Price/Median PS Value is ranked higher than
88% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.22 vs. NHI: 0.94 )
NHI' s 10-Year Price/Median PS Value Range
Min: 0.07   Max: 3.31
Current: 0.94

0.07
3.31
Price/Peter Lynch Fair Value 1.01
NHI's Price/Peter Lynch Fair Value is ranked higher than
95% of the 917 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.01 )
NHI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.18   Max: 19.43
Current: 1.01

0.18
19.43
Price/Graham Number 1.75
NHI's Price/Graham Number is ranked higher than
70% of the 921 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.49 vs. NHI: 1.75 )
NHI' s 10-Year Price/Graham Number Range
Min: 0.28   Max: 2.15
Current: 1.75

0.28
2.15
Earnings Yield (Greenblatt) 3.20
NHI's Earnings Yield (Greenblatt) is ranked higher than
72% of the 830 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.40 vs. NHI: 3.20 )
NHI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.3   Max: 13
Current: 3.2

2.3
13
Forward Rate of Return (Yacktman) 16.75
NHI's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 523 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.86 vs. NHI: 16.75 )
NHI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -8.7   Max: 36.2
Current: 16.75

-8.7
36.2

Business Description

Industry: REITs » REIT - Healthcare Facilities
Compare:HTA, VTR, LTC, OHI, HCP » details
Traded in other countries:WX6.Germany,
National Health Investors, Inc., a Maryland corporation incorporated in 1991. The Company is a real estate investment trust ("REIT") which invests in income-producing health care properties primarily in the long-term care and senior housing industries. Its portfolio consisted of real estate, mortgage and note investments and investments in the preferred stock and marketable securities of other REITs. The Company is a self-managed REIT investing in health care real estate or in the operations thereof through independent third-party managers that generate current income to be distributed to stockholders. It primarily invests in leased properties, loans and RIDEA transactions. These investments include senior housing (assisted living, independent living and senior living campuses), skilled nursing facilities, hospitals and medical office buildings, all of which are collectively referred to herein as "Health Care Facilities." They typically fund these investments through three sources of capital: debt offerings, including bank lines of credit and ordinary term debt, current cash flow, and the sale of equity securities. All of its investments in real estate and mortgage loans secured by real estate are located within the United States. Its portfolio included 91 senior housing communities (SHO) leased to operators and mortgage loans secured by 3 SHOs. SHOs within ist portfolio consist of assisted living facilities, independent living facilities, and senior living campuses. Its investments are typically structured as acquisitions of properties through purchase-leaseback transactions, acquisitions of properties from other real estate investors, mortgage loans or, in operations, through structures allowed by the REIT Investment Diversification Empowerment Act of 2007. It has also provided construction loans for facilities for which we were already committed to provide long-term financing or for which the operator agreed to enter into a lease with us upon completion of the construction. Assisted living facilities portfolio included 58 assisted living facilities leased to operators and mortgage loans secured by 2 ALFs, Independent living facilities portfolio included 28 independent living facilities (ILF) leased to operators, Senior living campuses portfolio included 5 senior living campuses (SLC) leased to operators and a mortgage loan secured by 1 SLC. It has two operators, National HealthCare Corporation (NHC) and Bickford Senior Living (Bickford), from whom they individually derive at least 10% of its income from operations. The Company is compete with other REITs, private equity funds and other investors (including, but not limited to, banks, insurance companies, and investment banks who market securities in mortgage funds) in the acquisition, leasing and financing of health care-related properties. The Company is subject to certain provisions of Maryland law and its charter and bylaws that could hinder, delay or prevent a change in co
» More Articles for NHI

Headlines

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National Health Investors Inc. Reports Operating Results (10-K) Feb 17 2011 

More From Other Websites
National Health Investors, Inc. Announces Hire of Executive Vice-President of Corporate Finance Dec 22 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Completion of Acquisition or Disposition of... Dec 18 2014
NHI Completes Acquisition of Eight Communities for $476 Million Dec 17 2014
NHI Announces Fourth Quarter Dividend Dec 09 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Entry into a Material Definitive Agreement,... Dec 05 2014
NHI Completes Offering of 4,427,500 Shares of Common Stock Dec 05 2014
NHI Prices Offering of 3.85 Million Shares of Common Stock Dec 02 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Dec 02 2014
NHI Prices Offering of 3.85 Million Shares of Common Stock Dec 02 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Dec 01 2014
NHI Announces Offering of 3.5 Million Shares of Common Stock Dec 01 2014
NHI to Acquire Eight Communities for $476 Million and Commits $15 Million Working Capital Line Dec 01 2014
NHI Announces Offering of 3.5 Million Shares of Common Stock Dec 01 2014
NHI to Acquire Eight Communities for $476 Million and Commits $15 Million Working Capital Line Dec 01 2014
10-Q for National Health Investors, Inc. Nov 05 2014
National Health Investors reports 3Q results Nov 03 2014
National Health Investors reports 3Q results Nov 03 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Results of Operations and Financial Condition,... Nov 03 2014
NHI Announces Third Quarter 2014 Results Nov 03 2014
Q3 2014 National Health Investors Inc Earnings Release - After Market Close Nov 03 2014

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