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Headline : Earnings call: National Health Investors sees robust Q1 and raises 2024 outlook

Read more from the original article on here at ng.investing.com.





Tags : #earnings #call #national #health #investors #sees #robust #q1 #raises #2024 #outlook



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National Health Investors Inc . (NYSE:NHI) delivered a strong performance in the first quarter of 2024, marked by stable cash collections and improving fundamentals in its operations. The real estate investment trust, which specializes in senior housing and medical investments, has raised its full-year guidance based on these positive results. The company expects over 5% Funds Available for Distribution (FAD) growth at the midpoint for the year. Its portfolio remains robust, with significant organic growth anticipated through multiple channels.

National Health Investors Inc. (NHI) has demonstrated resilience in its first-quarter performance for 2024, with a strong outlook for the rest of the year. The company's strategic investments and careful management of its portfolio suggest a robust pathway for growth in the senior housing and medical investment sectors.

National Health Investors Inc. (NHI) not only reported promising first-quarter results but also shows compelling metrics that could interest investors looking for stable income and growth potential. According to InvestingPro data, NHI boasts a market capitalization of $2.79 billion and a healthy P/E ratio of 21.1, indicating that the stock may be trading at a reasonable valuation relative to its earnings.

InvestingPro Tips highlight that NHI has a strong track record of maintaining dividend payments, with a history of 34 consecutive years of distributions. This consistency is a testament to the company's commitment to shareholder returns, reinforcing the raised guidance for the year. Additionally, the company's stock is trading near its 52-week high, reflecting a significant price uptick over the last six months, which aligns with the 31.5% six-month price total return and the 41.54% one-year price total return.

Read more from the original article on here at ng.investing.com.


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