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National Health Investors Stock: Mixed Signals Amid Growth Push

Felix Baarz by Felix Baarz
August 7, 2025
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National Health Investors (NHI) reported mixed Q2 results, with earnings per share of $0.79—exceeding analyst expectations by four cents—while revenue reached $70.27 million, surpassing estimates. Despite this, the stock remains volatile, declining 5.28% over three months. The healthcare REIT announced a strategic partnership to add six senior living facilities to its portfolio, marking its first multi-property RIDEA-structured deal, which promises deeper operational collaboration. Meanwhile, NHI raised its Q3 dividend to $0.92 per share, signaling confidence despite a year-over-year earnings dip attributed to $1.3 million in proxy fight costs. Adjusted Funds From Operations (FFO) rose to $1.22 per share, reflecting operational strength.

Strategic Shifts and Expansion

NHI completed the transition of six Discovery Senior Living facilities into its SHOP portfolio, sacrificing $8.8 million in near-term rental income but positioning for higher long-term yields. The SHOP segment already showed a 29.4% increase in net operating income. With $750 million available for acquisitions and a pipeline of $129.9 million under contract, NHI targets an 8% average initial yield. Analysts note its robust balance sheet (3.9x net debt-to-EBITDA) but remain divided on outlooks as the REIT pivots toward operational partnerships.

Tags: National Health Investors
Felix Baarz

Felix Baarz

My name is Felix Baarz, and I look back on over fifteen years of experience as a business journalist. I have always been fascinated by the mechanisms and dynamics of global financial markets as well as the complex economic and political interconnections that shape our world. With this passion, I have made a name for myself as an expert on international financial markets and dedicate myself with great commitment to making even the most complex topics understandable and accessible to my readers. My roots lie in Cologne, where I was born and raised. Early on, my curiosity about economic topics and international developments sparked my interest in journalism. After completing my studies, I began my career as a business editor at a respected German trade publication. Here I laid the foundation for my professional career, but my curiosity soon drew me out into the wider world. A turning point in my life was moving to New York, where I lived for six years and gained insight into leading media houses. In this vibrant metropolis, I was able to report firsthand from the heart of the global financial world. From daily developments on Wall Street to major economic policy decisions that make waves worldwide, I had the opportunity to write about central topics that move people and markets alike. This time shaped my perspective and sharpened my view of global interconnections.

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