NHI

National Health Investors Inc Real Estate Real Estate Investment Trusts Russell 3000
$67.04Close $3.2BMarket cap $63.96 – $88.9452-week range Nov 9, 2026Next report · after the close

Highlights

Strengths

  • Earnings growing EPS +45% year on year, faster than the quarter before (+34 pts)

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 24 · weaker than 76% of stocks over 12 months
  • Results soon Nov 9, 2026, in 8 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 25%
1wk 0.0% price change
1mo up 2.1% price change
12-month return down 8% market up 11% · its own down 17%
F-score — — Not assessed
Altman Z — Unknown
P/E 22.8× price / earnings
PEG — P/E / EPS growth
P/B 2.1× price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 47% year on year
EPS growth up 45% latest quarter · +34 pts
Sales growth up 215% latest quarter · +49 pts
ROE up 10% return on equity
Free cash margin down 72% -$57.5M FCF
D/E 0.76 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 2.1% $1.41 a day · 2×ATR $64.22
RS 24 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.79 50 sessions
Implied move — no option chain · report Nov 9, 2026
Trend template · 1 of 8
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Shareholders diluted The share count rose 5.7% over the year, from 46m to 48m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 10, 2026
Results reaction Aug 10, 2026-8% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $80.1M +47% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $0 FY2021 · $0 FY2022 · $35.8M FY2023 · $48.8M FY2024 · $54.4M FY2025 · $80.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $142.2M +3% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $185.1M FY2021 · $111.8M FY2022 · $66.4M FY2023 · $135.7M FY2024 · $138.0M FY2025 · $142.2M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$57.5M down to a loss
-$100M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $115.4M FY2021 · $160.5M FY2022 · $174.3M FY2023 · $134.9M FY2024 · $49.8M FY2025 · -$57.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 178%
  • Free cash -72%
-100% 0% 500% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 FY2022 · Net 186% · Free cash 487% FY2023 · Net 278% · Free cash 276% FY2024 · Net 254% · Free cash 92% FY2025 · Net 178% · Free cash -72%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.1B net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $43.3M · Long-term debt $1.5B FY2021 · Cash $37.4M · Long-term debt $1.2B FY2022 · Cash $19.3M · Long-term debt $1.1B FY2023 · Cash $22.3M · Long-term debt $1.1B FY2024 · Cash $24.3M · Long-term debt $1.1B FY2025 · Cash $19.6M · Long-term debt $1.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 48.30m +6.9% since FY2020
48.30m 43.39m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 45.19m FY2021 · 45.85m FY2022 · 43.39m FY2023 · 43.41m FY2024 · 45.69m FY2025 · 48.30m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $0 $0 $35.8M $48.8M $54.4M $80.1M
Net income $185.1M $111.8M $66.4M $135.7M $138.0M $142.2M
Net margin — — 186% 278% 254% 178%
Earnings per share $4.14 $2.44 $1.48 $3.13 $3.13 $3.02
Free cash flow $115.4M $160.5M $174.3M $134.9M $49.8M -$57.5M
Free cash margin — — 487% 276% 92% -72%
Cash $43.3M $37.4M $19.3M $22.3M $24.3M $19.6M
Long-term debt $1.5B $1.2B $1.1B $1.1B $1.1B $1.2B
Shareholders' equity $1.5B $1.5B $1.3B $1.3B $1.4B $1.5B
Shares outstanding 45.19m 45.85m 43.39m 43.41m 45.69m 48.30m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 4, 2026 Quarterly ↗ Mar 31, 2026 34d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 5, 2025 Quarterly ↗ Mar 31, 2025 35d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Nov 5, 2024 Quarterly ↗ Sep 30, 2024 36d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
May 6, 2024 Quarterly ↗ Mar 31, 2024 36d
Feb 20, 2024 Annual ↗ Dec 31, 2023 51d
Nov 7, 2023 Quarterly ↗ Sep 30, 2023 38d

Current reports