National Health Investors, Inc. (NYSE:NHI) is set to announce third quarter earning results on Monday 9th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, NHI to report 3Q20 income of $ 0.93 per share.
For the full year, analysts anticipate top line of $ 331.46 million, while looking forward to income of $ 4.22 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 5.31 ~ $ 5.35 per share
Click Here For More Historical Outlooks Of National Health Investors, Inc.
Previous Quarter Performance
National Health Investors, Inc. unwinded income for the second quarter of $ 1.46 per share, from the revenue of $ 84.17 million. The quarterly earnings expanded 58.70 percent while revenues up 15.97 percent compared with the same quarter last year.
Wall street analysts are predicting, NHI to report 2Q20 income of $ 1.00 per share from revenue of $ 83.11 million. The bottom line results beat street analysts by $ 0.46 or 46.00 percent, at the same time, top line results outshined analysts by $ 1.06 million or 1.28 percent.
Stock Performance
On Friday, shares of National Health Investors, Inc. has traded high as $ 58.51 and has cracked $ 56.11 on the downward trend, reaching $ 56.22 with volume of 299.20 thousand shares.
According to the previous trading day, closing price of $ 56.22, representing a 83.30 % increase from the 52 week low of $ 31.37 and a 36.9 % decrease over the 52 week high of $ 91.12.
The company has a market capital of $ 2.51 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.
Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHIs portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.
