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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 609 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
75% of the 635 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.49 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
91% of the 535 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.37 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: 3
Z-Score: 2.02
M-Score: -1.88
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 (%) 61.02
NHI's Operating margin (%) is ranked higher than
83% of the 645 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 42.25 vs. NHI: 61.02 )
NHI' s 10-Year Operating margin (%) Range
Min: 42.21   Max: 106.98
Current: 61.02

42.21
106.98
Net-margin (%) 80.10
NHI's Net-margin (%) is ranked higher than
89% of the 646 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 33.86 vs. NHI: 80.10 )
NHI' s 10-Year Net-margin (%) Range
Min: -0.05   Max: 155.14
Current: 80.1

-0.05
155.14
ROE (%) 18.38
NHI's ROE (%) is ranked higher than
95% of the 655 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.73 vs. NHI: 18.38 )
NHI' s 10-Year ROE (%) Range
Min: -0.02   Max: 21.97
Current: 18.38

-0.02
21.97
ROA (%) 9.60
NHI's ROA (%) is ranked higher than
95% of the 656 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.10 vs. NHI: 9.60 )
NHI' s 10-Year ROA (%) Range
Min: -0.01   Max: 17.55
Current: 9.6

-0.01
17.55
ROC (Joel Greenblatt) (%) 8.60
NHI's ROC (Joel Greenblatt) (%) is ranked higher than
77% of the 581 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.00 vs. NHI: 8.60 )
NHI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 8.51   Max: 31.47
Current: 8.6

8.51
31.47
Revenue Growth (%) 11.70
NHI's Revenue Growth (%) is ranked higher than
94% of the 541 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.80 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
86% of the 498 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.20 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 400 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.30 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

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)
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
» 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 $ 59.6-3%0
John Burbank 2014-03-31 New Buy0.01%$55.13 - $63.11 $ 59.6-2%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) 15.20
NHI's P/E(ttm) is ranked higher than
81% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 25.80 vs. NHI: 15.20 )
NHI' s 10-Year P/E(ttm) Range
Min: 7.05   Max: 22.86
Current: 15.2

7.05
22.86
P/B 2.60
NHI's P/B is ranked higher than
54% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.25 vs. NHI: 2.60 )
NHI' s 10-Year P/B Range
Min: 1.16   Max: 4.35
Current: 2.6

1.16
4.35
P/S 12.40
NHI's P/S is ranked higher than
54% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 7.61 vs. NHI: 12.40 )
NHI' s 10-Year P/S Range
Min: 3.74   Max: 52.99
Current: 12.4

3.74
52.99
EV-to-EBIT 28.66
NHI's EV-to-EBIT is ranked higher than
75% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 32.35 vs. NHI: 28.66 )
NHI' s 10-Year EV-to-EBIT Range
Min: 7.7   Max: 44.1
Current: 28.66

7.7
44.1
PEG 1.26
NHI's PEG is ranked higher than
93% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.26 )
NHI' s 10-Year PEG Range
Min: 0.42   Max: 8.54
Current: 1.26

0.42
8.54
Shiller P/E 19.70
NHI's Shiller P/E is ranked higher than
91% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 19.70 )
NHI' s 10-Year Shiller P/E Range
Min: 7.96   Max: 24.37
Current: 19.7

7.96
24.37
Current Ratio 1.32
NHI's Current Ratio is ranked higher than
80% of the 582 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.79 vs. NHI: 1.32 )
NHI' s 10-Year Current Ratio Range
Min: 0.56   Max: 6.65
Current: 1.32

0.56
6.65
Quick Ratio 1.32
NHI's Quick Ratio is ranked higher than
81% of the 582 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.77 vs. NHI: 1.32 )
NHI' s 10-Year Quick Ratio Range
Min: 0.56   Max: 6.65
Current: 1.32

0.56
6.65

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 5.00
NHI's Dividend Yield is ranked higher than
61% of the 636 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.30 vs. NHI: 5.00 )
NHI' s 10-Year Dividend Yield Range
Min: 3.76   Max: 11.55
Current: 5

3.76
11.55
Dividend Payout 0.98
NHI's Dividend Payout is ranked higher than
70% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.31 vs. NHI: 0.98 )
NHI' s 10-Year Dividend Payout Range
Min: 0.38   Max: 3.47
Current: 0.98

0.38
3.47
Dividend growth (3y) 7.10
NHI's Dividend growth (3y) is ranked higher than
75% of the 410 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) 6.98
NHI's Yield on cost (5-Year) is ranked higher than
75% of the 636 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.68 vs. NHI: 6.98 )
NHI' s 10-Year Yield on cost (5-Year) Range
Min: 5.25   Max: 16.12
Current: 6.98

5.25
16.12
Share Buyback Rate -0.80
NHI's Share Buyback Rate is ranked higher than
89% of the 519 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -7.10 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 2.60
NHI's Price/Tangible Book is ranked higher than
56% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.31 vs. NHI: 2.60 )
NHI' s 10-Year Price/Tangible Book Range
Min: 0.42   Max: 3.99
Current: 2.6

0.42
3.99
Price/Median PS Value 0.90
NHI's Price/Median PS Value is ranked higher than
93% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.18 vs. NHI: 0.90 )
NHI' s 10-Year Price/Median PS Value Range
Min: 0.08   Max: 3.41
Current: 0.9

0.08
3.41
Price/Peter Lynch Fair Value 1.20
NHI's Price/Peter Lynch Fair Value is ranked higher than
93% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 9999.00 vs. NHI: 1.20 )
NHI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.18   Max: 19.43
Current: 1.2

0.18
19.43
Price/Graham Number 1.50
NHI's Price/Graham Number is ranked higher than
69% of the 695 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.31 vs. NHI: 1.50 )
NHI' s 10-Year Price/Graham Number Range
Min: 0.28   Max: 2.15
Current: 1.5

0.28
2.15
Earnings Yield (Greenblatt) 3.50
NHI's Earnings Yield (Greenblatt) is ranked higher than
70% of the 629 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.70 vs. NHI: 3.50 )
NHI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.3   Max: 13
Current: 3.5

2.3
13
Forward Rate of Return (Yacktman) 15.63
NHI's Forward Rate of Return (Yacktman) is ranked higher than
90% of the 528 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.77 vs. NHI: 15.63 )
NHI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.7   Max: 31.9
Current: 15.63

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 to Present at INVEST Tennessee Equity Conference Sep 12 2014
NHI to Present at BMO Capital Markets 9th Annual American Real Estate Conference Sep 12 2014
Coverage initiated on Natl Hlth Investors by Mizuho Sep 04 2014
NATIONAL HEALTH INVESTORS INC Financials Aug 09 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Aug 04 2014
Wall Street Transcript Interview with John T. Thomas, the President and CEO of Physicians Realty... Aug 04 2014
NHI Announces Third Quarter Dividend Aug 04 2014
Q2 2014 National Health Investors Inc Earnings Release - Before Market Open Aug 04 2014
NATIONAL HEALTH INVESTORS INC Files SEC form 10-Q, Quarterly Report Aug 04 2014
NHI Announces Second Quarter 2014 Results Aug 04 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

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