NHI

National Health Investors, Inc.

Real Estate · $3.2B market cap

Share price

$65.72

close of Oct 3, 2026

Fair value

$44.33

Sticker Price

Payback Price

$17.73

buy price

Overpriced

NHI is Overpriced: at $65.72 it trades 48% above its fair value of $44.33. Its buy price (Payback Price) is $17.73, 73% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth3.9% a year✗

Equity per share growth4.1% a year✗

Sales growth11.0% a year✓

Free cash flow growth7.3% a year✗

Return on invested capital7.2%✗

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Insider activity

Since Jun 15, 2026: 1 open-market purchase worth $64K and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Purchases

MCCABE ROBERT A JR

director · 2026-06-15

Bought

$64K

Other filings

Maingot Christian Ken

Chief Operating Officer · 2026-07-27

Award

2,370 shares

About National Health Investors, Inc.

Established in 1991, National Health Investors, Inc. (NYSE: NHI) operates as a real estate investment trust (REIT) primarily focused on providing capital for senior living and medical real estate assets. The company facilitates this through diverse financing options, including sale-leaseback arrangements, joint ventures, and various debt instruments such as mortgage and mezzanine loans, targeting properties that…

REIT - Healthcare Facilities