earnings
confidence high
sentiment negative
materiality 0.70
NHI Q4 net income $0.04/diluted share; new $160M buyback; 2023 FFO guidance $4.24-$4.30
NATIONAL HEALTH INVESTORS INC
2022-FY EPS reported
$1.48
revenue$278,194,000
- Q4 2022 net income $0.04/diluted share vs $0.14 YoY; full year $1.48 vs $2.44.
- NAREIT FFO per diluted share Q4 $0.74 vs $1.07; full year $3.55 vs $4.62.
- Q4 loan and realty losses $22.0M including $8.7M credit loss reserve and $13.3M impairments.
- New $160M stock repurchase plan replaces $240M plan; 2.5M shares repurchased at avg $61.56 in 2022.
- 2023 guidance: NAREIT FFO per diluted share $4.24-$4.30; Normalized FAD $185.3-$187.9M.