National Health Investors (NHI) Misses Q1 EPS by 1c
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NHI Announces First Quarter 2016 Results
May 6, 2016 6:01 AM EDTMURFREESBORO, Tenn.--(BUSINESS WIRE)-- National Health Investors, Inc. (NYSE: NHI) announced today its Normalized Funds From Operations (FFO), its Normalized Adjusted Funds From Operations (AFFO), its Normalized Funds Available for Distribution (FAD) and net income attributable to common stockholders for the three months ended March 31, 2016.
Highlights
Announced $142.3 million in acquisitions and loans; $24.6 million in dispositions Normalized AFFO up 5.1% quarter over quarter Maintained low leverage balance sheet at 4.1x net debt-to-annualized EBITDA Portfolio lease coverage remains strong at 1.96x Same-store... More