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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
59% of the 593 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.06 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
77% of the 628 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: 0.34   Max: 0.96
Current: 0.52

0.34
0.96
Interest Coverage 8.22
NHI's Interest Coverage is ranked higher than
92% of the 507 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.12 vs. NHI: 8.22 )
NHI' s 10-Year Interest Coverage Range
Min: 2.18   Max: 279.73
Current: 8.22

2.18
279.73
F-Score: 4
Z-Score: 2.03
M-Score: -2.14
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 (%) 64.39
NHI's Operating margin (%) is ranked higher than
85% of the 628 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 40.21 vs. NHI: 64.39 )
NHI' s 10-Year Operating margin (%) Range
Min: 42.21   Max: 106.98
Current: 64.39

42.21
106.98
Net-margin (%) 90.12
NHI's Net-margin (%) is ranked higher than
91% of the 629 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 35.06 vs. NHI: 90.12 )
NHI' s 10-Year Net-margin (%) Range
Min: -0.05   Max: 155.14
Current: 90.12

-0.05
155.14
ROE (%) 13.85
NHI's ROE (%) is ranked higher than
93% of the 629 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.45 vs. NHI: 13.85 )
NHI' s 10-Year ROE (%) Range
Min: -0.02   Max: 21.62
Current: 13.85

-0.02
21.62
ROA (%) 7.29
NHI's ROA (%) is ranked higher than
93% of the 632 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.10 vs. NHI: 7.29 )
NHI' s 10-Year ROA (%) Range
Min: -0.01   Max: 19.26
Current: 7.29

-0.01
19.26
ROC (Joel Greenblatt) (%) 6.08
NHI's ROC (Joel Greenblatt) (%) is ranked higher than
75% of the 538 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 5.16 vs. NHI: 6.08 )
NHI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 6.08   Max: 35.47
Current: 6.08

6.08
35.47
Revenue Growth (%) 11.70
NHI's Revenue Growth (%) is ranked higher than
95% of the 529 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -0.10 vs. NHI: 11.70 )
NHI' s 10-Year Revenue Growth (%) Range
Min: -25   Max: 14.5
Current: 11.7

-25
14.5
EBITDA Growth (%) 12.80
NHI's EBITDA Growth (%) is ranked higher than
87% of the 484 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.00 vs. NHI: 12.80 )
NHI' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 107.1
Current: 12.8

0
107.1
EPS Growth (%) 7.50
NHI's EPS Growth (%) is ranked higher than
78% of the 389 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -1.90 vs. NHI: 7.50 )
NHI' s 10-Year EPS Growth (%) 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

Q2 2013

NHI Guru Trades in Q2 2013

Jim Simons 211,495 sh (+31.69%)
Chuck Royce 178,870 sh (unchged)
» More
Q3 2013

NHI Guru Trades in Q3 2013

Chuck Royce 178,870 sh (unchged)
Jim Simons 188,800 sh (-10.73%)
» More
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)
Paul Tudor Jones Sold Out
Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with NHI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2014-03-31 New Buy0.01%$55.13 - $63.11 $ 62.353%4946
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 15.70
NHI's P/E(ttm) is ranked higher than
81% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 27.30 vs. NHI: 15.70 )
NHI' s 10-Year P/E(ttm) Range
Min: 7.05   Max: 22.86
Current: 15.7

7.05
22.86
P/B 2.70
NHI's P/B is ranked higher than
54% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.30 vs. NHI: 2.70 )
NHI' s 10-Year P/B Range
Min: 1.16   Max: 4.35
Current: 2.7

1.16
4.35
P/S 13.60
NHI's P/S is ranked higher than
52% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 7.82 vs. NHI: 13.60 )
NHI' s 10-Year P/S Range
Min: 3.74   Max: 52.99
Current: 13.6

3.74
52.99
EV-to-EBIT 31.61
NHI's EV-to-EBIT is ranked higher than
74% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 35.58 vs. NHI: 31.61 )
NHI' s 10-Year EV-to-EBIT Range
Min: 7.7   Max: 44.1
Current: 31.61

7.7
44.1
PEG 1.30
NHI's PEG is ranked higher than
91% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.30 )
NHI' s 10-Year PEG Range
Min: 0.42   Max: 8.54
Current: 1.3

0.42
8.54
Shiller P/E 21.00
NHI's Shiller P/E is ranked higher than
92% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 21.00 )
NHI' s 10-Year Shiller P/E Range
Min: 7.89   Max: 24.45
Current: 21

7.89
24.45
Current Ratio 1.31
NHI's Current Ratio is ranked higher than
79% of the 571 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.87 vs. NHI: 1.31 )
NHI' s 10-Year Current Ratio Range
Min: 0.56   Max: 6.65
Current: 1.31

0.56
6.65
Quick Ratio 1.31
NHI's Quick Ratio is ranked higher than
81% of the 571 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.82 vs. NHI: 1.31 )
NHI' s 10-Year Quick Ratio Range
Min: 0.56   Max: 6.65
Current: 1.31

0.56
6.65

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.80
NHI's Dividend Yield is ranked higher than
58% of the 631 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.25 vs. NHI: 4.80 )
NHI' s 10-Year Dividend Yield Range
Min: 3.76   Max: 11.55
Current: 4.8

3.76
11.55
Dividend Payout 1.00
NHI's Dividend Payout is ranked higher than
80% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.96 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
74% of the 401 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.30 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) 6.70
NHI's Yield on cost (5-Year) is ranked higher than
74% of the 616 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.59 vs. NHI: 6.70 )
NHI' s 10-Year Yield on cost (5-Year) Range
Min: 5.25   Max: 16.12
Current: 6.7

5.25
16.12
Share Buyback Rate -0.80
NHI's Share Buyback Rate is ranked higher than
89% of the 507 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -7.00 vs. NHI: -0.80 )
NHI' s 10-Year Share Buyback Rate Range
Min: 5.2   Max: -18.3
Current: -0.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.70
NHI's Price/Tangible Book is ranked higher than
57% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.37 vs. NHI: 2.70 )
NHI' s 10-Year Price/Tangible Book Range
Min: 0.42   Max: 3.99
Current: 2.7

0.42
3.99
Price/Median PS Value 1.00
NHI's Price/Median PS Value is ranked higher than
89% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.23 vs. NHI: 1.00 )
NHI' s 10-Year Price/Median PS Value Range
Min: 0.07   Max: 3.38
Current: 1

0.07
3.38
Price/Peter Lynch Fair Value 1.30
NHI's Price/Peter Lynch Fair Value is ranked higher than
93% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.30 )
NHI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.18   Max: 19.43
Current: 1.3

0.18
19.43
Price/Graham Number 1.70
NHI's Price/Graham Number is ranked higher than
71% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.50 vs. NHI: 1.70 )
NHI' s 10-Year Price/Graham Number Range
Min: 0.28   Max: 2.15
Current: 1.7

0.28
2.15
Earnings Yield (Greenblatt) 3.20
NHI's Earnings Yield (Greenblatt) is ranked higher than
67% of the 613 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.50 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) 16.59
NHI's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 515 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.11 vs. NHI: 16.59 )
NHI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.7   Max: 31.9
Current: 16.59

4.7
31.9

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 which invests in income-producing health care properties mainly in the long-term care and senior housing industries. The Company invests in health care properties including assisted living facilities, independent living facilities, senior living campuses, medical office buildings, and hospitals. The Company's continuing operations consisted of investments in real estate and mortgage notes receivable in 134 health care facilities located in 25 states consisting of 41 assisted living facilities, 6 senior living campuses, 3 independent living facilities, 78 skilled nursing facilities, 2 medical office buildings, 4 hospitals and other notes receivable. All of its investments in real estate and mortgage loans secured by real estate are located within the United States. The Company's investments are structured as acquisitions of properties through purchase-leaseback transactions, acquisitions of real estate operations with in-place leases, or as mortgage loans. The Company also provides construction loans for facilities for which it has already committed to provide long-term financing or for which the operator agreed to enter into a lease with the Company upon completion of the construction. The lease rates on its leases and the interest rates on its mortgage and construction loans have typically ranged between 8% and 12% per annum. The Company normally charges a commitment fee of 1% based on the purchase price of the property in a purchase-leaseback transaction or the total principal amount of a mortgage or construction loan. The Company leases generally have an initial leasehold term of 10 to 15 years with one or more 5-year renewal options. The leases are 'triple net leases' under which the tenant is responsible for the payment of all taxes, utilities, insurance premium costs, repairs and other charges relating to the ownership and operation of the Health Care Facilities, including required levels of capital expenditure each year. The Company also provides construction loans that by their terms convert to mortgage loans upon the completion of the construction of the facility. In general, the Company mortgage loans have a maturity of at least 10 years with the principal amortized over 20 to 25 years and a balloon payment due at maturity. Its loans are at a fixed interest rate; however, some interest rates increase based on scheduled fixed rate increases. The Company competes 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 mainly on the basis of price and flexibility of financing structure. The health care industry is regulated by federal, state and local law and is directly affected by state and local licen
» More Articles for NHI

Headlines

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More From Other Websites
NHI Sets Second Quarter Earnings Release and Conference Call Dates Jul 15 2014
NHI Sets Second Quarter Earnings Release and Conference Call Dates Jul 15 2014
3 Buy-Rated Dividend Stocks: MO, AB, NHI Jul 01 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Jun 05 2014
Insider Trading Alert - NHI, EPR And LFUS Traded By Insiders Jun 05 2014
National Health Investors Acquires Community in CA Jun 03 2014
NHI acquires 56-unit assisted living community in Sacramento, CA Jun 02 2014
NHI Acquires 56-unit Assisted Living Community in Sacramento, CA Jun 02 2014
National Health Investors to Present at REITWeek 2014 May 29 2014
How National Health Advisors (NHI) Stock Stands Out in a Strong Industry May 29 2014
A Wall Street Transcript Interview with Gene Mannheimer, a Senior Analyst Covering the Health Care... May 23 2014
NATIONAL HEALTH INVESTORS INC Financials May 10 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Other Events May 06 2014
NHI Announces Second Quarter Dividend May 06 2014
National Health Investors' (NHI) CEO Justin Hutchens on Q1 2014 Results - Earnings Call Transcript May 05 2014
Q1 2014 National Health Investors Inc Earnings Release - Before Market Open May 05 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... May 05 2014
NHI Announces First Quarter 2014 Results May 05 2014
Use Options For A Chance To Buy NHI At A 11% Discount Apr 21 2014
NHI Sets First Quarter Earnings Release and Conference Call Dates Apr 14 2014

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