StockWatch
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Real Estate Investment Trusts
Quarterly ResultAug 10, 2026, 04:19 PM

NHI Q2 Diluted EPS $1.15, FFO $1.19; Raises Quarterly Dividend to $0.94

AI Summary

National Health Investors, Inc. reported strong second quarter 2026 results, with diluted EPS increasing 45.6% to $1.15 and Normalized FAD rising $5.7 million to $61.6 million. The company completed the sale of its NHC portfolio for $560 million, significantly reducing balance sheet leverage and providing flexibility for future investments. NHI also expanded its Senior Housing Operating Portfolio (SHOP) with $854.8 million in invested capital, a 137% increase year-over-year, and announced a quarterly dividend increase to $0.94 per share. The company provided full-year 2026 guidance for Normalized FFO per diluted share between $4.74 and $4.79.

Key Highlights

  • Increased quarterly cash dividend to $0.94 per share.
  • Q2 diluted EPS rose 45.6% to $1.15 per share.
  • Q2 NAREIT FFO per diluted share was $1.19.
  • Completed sale of NHC portfolio for $560 million.
  • Invested $854.8 million in SHOP, up 137% YoY.
  • Q2 Total SHOP NOI increased 188% year-over-year.
  • 2026 full-year Normalized FFO per diluted share guidance $4.74-$4.79.