NHI Q2 Revenue Beats by $10M, Issues 2026 FFO Guidance of $4.74-$4.79
NHI is trading near its 52-week low of $67.94 (9.1% above the low).
Summary
NHI delivered a strong Q2 with revenue of $121.3M, beating the $111.7M consensus by nearly 9%. The beat was driven by a 137% surge in SHOP invested capital and a 188% jump in SHOP NOI from recent acquisitions. Gains on property sales added $22M to net income, while EPS rose 45.6% to $1.15. The company also initiated 2026 NAREIT and Normalized FFO guidance of $4.74-$4.79 per share, with same-store SHOP NOI growth expected at 1%-3%. This follows the $560M portfolio sale closed in July and the appointment of a new COO, signaling an active transformation. Higher G&A costs from compensation and CFO transition are a minor offset. The results and guidance provide a clear earnings baseline for the year, likely supporting the stock's recent momentum.
At the time of this announcement, NHI was trading at $74.15 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $67.94 to $91.38. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.