NHI Q1 2023 normalized FFO $1.11/share; raises full-year guidance above prior range

NATIONAL HEALTH INVESTORS INC

2023-Q1 EPS reported $0.79 revenue$82,388,000

Net income $0.79 diluted EPS vs $0.18 YoY; NAREIT FFO $1.16 vs $1.05; Normalized FFO $1.11 vs $1.10.
Raises 2023 normalized FFO guidance to $4.37-$4.42 from $4.24-$4.30; Normalized FAD guidance to $186.3-$188.9M.
Acquired two Silverado memory care communities for $37.5M and a Bickford community for $17.3M in Q1.
Net debt to adjusted EBITDA at 4.6x; $215M drawn on $700M revolver; $500M ATM availability.
Average occupancy: SLC same-store 83.0%, Bickford 81.2%, SHOP 75.2% in March 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NATIONAL HEALTH INVESTORS INC reported for the three months ended March 31, 2023 results: EPS $0.79 per diluted common share. Guidance raised.

Period: for the three months ended March 31, 2023
EPS: $0.79 per diluted common share
Guidance: raised
Result: reported results

Exact text from the filing

Net income attributable to common stockholders per diluted common share for the three months ended March 31, 2023 was $0.79 compared to $0.18 during the same period in the prior year.

View on SEC.gov

Browse all earnings releases →

NATIONAL HEALTH INVESTORS INC filing history →

Source: SEC EDGAR

accession 0000877860-23-000067

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.