National Health Investors Inc (N:NHI)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 222 Robert Rose Dr
MURFREESBORO TN 37129
Tel: N/A
Website: https://www.nhireit.com
IR: See website
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Key People
D. Eric Mendelsohn
President, Chief Executive Officer, Director
John L. Spaid
Chief Financial Officer, Executive Vice President, Treasurer
Kevin Carlton Pascoe
Executive Vice President, Chief Investment Officer
David L. Travis
Senior Vice President, Chief Accounting Officer
Kristin S. Gaines
Senior Vice President, Chief Transaction Officer
 
Business Overview
National Health Investors, Inc. is a real estate investment trust. The Company specializes in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company operates through two segments: Real Estate Investments and Senior Housing Operating Portfolio. The Real Estate Investments segment consists of real estate investments and lease, mortgage, and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities and a hospital. It has 163 healthcare real estate properties located in 31 states and leased primarily pursuant to triple-net leases to 25 tenants. The SHOP segment is comprised of two ventures that own the operations of independent living facilities. The SHOP segment has 15 properties located in eight states with a combined 1,733 units.
Financial Overview
For the fiscal year ended 31 December 2023, National Health Investors Inc revenues increased 15% to $319.8M. Net income applicable to common stockholders increased from $66.4M to $135.6M. Revenues reflect Real Estate Investments segment increase of 12% to $270.7M, NAREIT FFO - Per Share - Basic - Total increase of 24% to $4.39, NAREIT FFO - Per Share - Diluted - Total increase of 24% to $4.39.
Employees: 26 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,784M as of Dec 31, 2023
Annual revenue (TTM): $319.84M as of Dec 31, 2023
EBITDA (TTM): $248.47M as of Dec 31, 2023
Net annual income (TTM): $135.60M as of Dec 31, 2023
Free cash flow (TTM): -$13.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,113M as of Dec 31, 2023
Shares outstanding: 43,424,841 as of Mar 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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