Summary:
- Land & Buildings Investment Management nominates new board members for National Health Investors to boost governance and shareholder value.
- Average analyst price target suggests a potential 14.95% upside for NHI shares.
- GuruFocus estimates indicate a slight downside of 0.07% from current trading prices.
Land & Buildings Investment Management, a prominent shareholder in National Health Investors (NHI, Financial), has made a strategic move by proposing its own nominees for the company's board. This initiative is driven by the desire to tackle governance issues that the firm believes are affecting NHI's stock performance. The primary goal is to strengthen board independence and, consequently, enhance shareholder value. Notably, NHI shares held steady during after-hours trading.
Wall Street Analysts Forecast
Delving into analyst predictions, seven experts have set one-year price targets for National Health Investors Inc (NHI, Financial), with an average target of $82.14. Estimates range from a high of $91.00 to a low of $68.00. This average target suggests a potential upside of 14.95% from the current trading price of $71.46. For a comprehensive look at these estimates, visit the National Health Investors Inc (NHI) Forecast page.
From a broader perspective, based on the consensus recommendation from eight brokerage firms, NHI is rated at 2.3 on average, translating to an "Outperform" status. The brokerage rating scale varies from 1 (Strong Buy) to 5 (Sell), indicating a positive outlook from analysts.
GuruFocus, known for its precise valuation metrics, forecasts the GF Value for National Health Investors Inc (NHI, Financial) to be $71.41 in one year. This presents a slight downside of 0.07% compared to its current price of $71.46. The GF Value is an integral part of GuruFocus' methodology, reflecting the fair trading value of a stock, derived from historical multiples, past growth trends, and future business performance projections. For more detailed insights, explore the National Health Investors Inc (NHI) Summary page.