Welcome to our dedicated page for National Health Investors news (Ticker: NHI), a resource for investors and traders seeking the latest updates and insights on National Health Investors stock.
National Health Investors, Inc. (NHI) reports developments as a self-managed real estate investment trust focused on senior housing communities and medical facilities. The company owns, leases, operates and finances real estate through its Real Estate Investments and Senior Housing Operating Portfolio, or SHOP, segments, including independent living, assisted living, memory care, entrance-fee communities, senior living campuses, skilled nursing facilities and hospitals.
Recurring NHI news includes dividend declarations, earnings releases, investor updates, property investments, financing activity and governance changes. Company updates also cover sale-leaseback, joint venture, mortgage and mezzanine financing activity tied to senior housing and healthcare real estate.
National Health Investors (NYSE:NHI) has declared its second quarter dividend for 2025. The company will distribute a dividend of $0.90 per common share to shareholders. The dividend will be paid on August 1, 2025, to stockholders who are on record as of June 30, 2025.
National Health Investors (NYSE:NHI) has announced a change in the timing of its first quarter 2025 earnings conference call and webcast. The event has been rescheduled from 11:00 a.m. to 10:00 a.m. Eastern Time on Tuesday, May 6, 2025. The company will release its earnings report after market close on Monday, May 5, 2025.
Investors can participate in the interactive teleconference by calling (888) 506-0062 with access code 111859. A live broadcast will be available online at www.nhireit.com and through the company's webcasting platform, with an online replay remaining accessible for one year after the event.
National Health Investors (NYSE:NHI) has mailed a letter to stockholders ahead of its May 21, 2025 Annual Meeting, urging them to vote 'FOR' four Board nominees on the WHITE proxy card. The letter highlights NHI's superior shareholder returns, with the company outperforming key REIT indices over 1-year, 3-year, and 5-year periods through December 31, 2024.
The company has significantly refreshed its Board since May 2020, adding six new members and increasing Board diversity from 0% to 37.5%. Notable achievements include reducing average tenure from 21 to 7 years and appointing new committee chairs. A Special Committee of Non-Interested Directors has been formed to oversee lease negotiations with National Healthcare (NHC), which represents 14% of NHI's 2024 NOI.
The letter addresses Land & Buildings' (L&B) proxy contest, which owns 1.3% of shares and nominated candidates to replace two board members. NHI's Board argues that L&B's candidates do not add value to the current Board's skill sets and that L&B has not proposed substantive ideas for improvement.
National Health Investors (NYSE:NHI) has scheduled its first quarter 2025 earnings release and conference call. The company will release its financial results for Q1 2025 (ended March 31) after market close on Monday, May 5, 2025.
A conference call to discuss the results will be held the following day, Tuesday, May 6, 2025, at 11:00 a.m. Eastern Time. Investors can participate in the interactive teleconference by calling (888) 506-0062 with access code 111859. The call will also be broadcast live online at www.nhireit.com, with a replay available for one year.
Land & Buildings Investment Management, a significant stockholder of National Health Investors (NHI), has filed definitive proxy materials and sent a letter to stockholders advocating for boardroom change at the upcoming 2025 Annual Meeting on May 21, 2025.
The activist investor is nominating two independent candidates - Adam Troso and Jim Hoffmann - citing concerns over NHI's corporate governance and conflicts of interest, particularly regarding ongoing lease renewal negotiations with major tenant National Healthcare Corp (NHC).
Key issues highlighted include:
- NHI's significant underperformance: -61% vs peers over 5 years, -19% over 3 years, and -27% over 1 year
- Potential 60% upside in NHC lease renewal, representing approximately $0.55/share or 12% FFO/share increase
- Forecast of $1 billion in senior housing acquisitions over next 12-24 months, potentially increasing FFO/share by 10%
- Board conflicts including multiple directors' significant stock ownership in tenant NHC
National Health Investors (NYSE:NHI) has filed definitive proxy materials for its Annual Meeting scheduled for May 21, 2025. The company is urging stockholders to vote 'FOR' four board nominees amid a challenge from activist hedge fund Land & Buildings (L&B), which owns 1.3% of shares.
NHI reported strong performance in 2024 with a 30.6% total shareholder return (TSR), outperforming the Nareit Healthcare REIT Index. The company achieved $235 million in investments at an 8.6% average yield and has already closed $136.4 million in investments in 2025.
Key highlights include: board refreshment with four new members in four years, commitment to remove classified board structure, creation of a Special Committee for NHC lease negotiations, and improved financial metrics including a 32% increase in Senior Housing Operating Portfolio NOI. The company raised approximately $278.4 million in equity proceeds, with $68.9 million remaining available as of March 2025.
National Health Investors (NYSE:NHI) has invested $63.5 million to acquire a portfolio of six memory care communities in Nebraska, operated by Agemark Senior Living under the CountryHouse brand. The acquisition includes 205 units and features a master lease with a 15-year maturity and two five-year renewal options at an initial yield of 8.0% plus annual fixed escalators.
The CountryHouse communities, established in 1997, specialize in providing personalized memory care services. Both companies expressed enthusiasm about the partnership, with NHI's CEO Eric Mendelsohn highlighting Agemark's leadership in memory care, while Agemark's Managing Partner Michael Pittore emphasized the strategic alignment between both organizations.
National Health Investors (NYSE:NHI) has appointed Robert W. Chapin, Jr. to its Board of Directors, effective immediately. Chapin will serve on the Board's special committee of disinterested directors to negotiate potential lease agreements with NHC and explore alternatives.
Chapin brings over three decades of experience in private equity and real estate investment. He currently serves as executive chairman of Channel Marker Advisors and is a voting member of Bridge Investment Group's senior housing funds investment committee. His previous roles include founder and CEO of Bridge Seniors Housing Fund Manager (2013-2023) and founding member of CNL Retirement Properties.
He serves on the board of Apollo Diversified Real Estate Funds and various healthcare and senior housing industry organizations. Chapin holds a BBA from Appalachian State University and completed MBA coursework at Crummer Graduate School of Business, Rollins College.