National Health Investors, Inc. (NHI): Price and Financial Metrics

NHI POWR Grades

• Growth is the dimension where NHI ranks best; there it ranks ahead of 87.26% of US stocks.
• The strongest trend for NHI is in Growth, which has been heading up over the past 177 days.
• NHI's current lowest rank is in the Value metric (where it is better than 24.48% of US stocks).

NHI Stock Summary

• Of note is the ratio of NATIONAL HEALTH INVESTORS INC's sales and general administrative expense to its total operating expenses; merely 7.7% of US stocks have a lower such ratio.
• For NHI, its debt to operating expenses ratio is greater than that reported by 91.99% of US equities we're observing.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for NHI comes in at 19.65% -- higher than that of 92.45% of stocks in our set.
• Stocks that are quantitatively similar to NHI, based on their financial statements, market capitalization, and price volatility, are EPRT, ESBA, UBA, EPR, and UE.
• NHI's SEC filings can be seen here. And to visit NATIONAL HEALTH INVESTORS INC's official web site, go to www.nhireit.com.

NHI Valuation Summary

• NHI's price/sales ratio is 8.8; this is 83.33% higher than that of the median Real Estate stock.
• NHI's price/sales ratio has moved up 6.5 over the prior 243 months.

Below are key valuation metrics over time for NHI.

NHI Growth Metrics

Its 2 year cash and equivalents growth rate is now at -21.56%.
• Its year over year price growth rate is now at -23.72%.
• The 3 year cash and equivalents growth rate now stands at 597.72%.

NHI's revenue has moved down $40,890,000 over the prior 33 months.

The table below shows NHI's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	277.191	192.341	71.017
2022-06-30	274.726	197.795	67.363
2022-03-31	289.157	192.627	84.873
2021-12-31	298.715	210.859	111.804
2021-09-30	310.287	213.122	142.469
2021-06-30	320.755	223.851	154.25

NHI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NHI has a Quality Grade of B, ranking ahead of 75.92% of graded US stocks.
• NHI's asset turnover comes in at 0.102 -- ranking 203rd of 443 Trading stocks.
• HLNE, WRE, and PIPR are the stocks whose asset turnover ratios are most correlated with NHI.

The table below shows NHI's key quality metrics over time.