National Health Investors (NHI) Tops Q1 EPS by 42c; Withdraws FY20 Guidance

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National Health Investors Announces Q1 2020 Results

May 11, 2020 4:32 PM EDT

MURFREESBORO, TN / ACCESSWIRE / May 11, 2020 / National Health Investors, Inc. (NYSE: NHI) announced today its net income attributable to common stockholders, its Funds From Operations ("FFO"), its Normalized Funds From Operations and its Normalized Adjusted Funds From Operations ("AFFO") for the three months ended March 31, 2020.

Q1 2020 Overview

GAAP net income attributable to common stockholders of $1.37 per diluted common shareAFFO of $1.29 per diluted common shareAnnounced or completed $173.2 million in real estate and mortgage note investments$142 million available to draw on revolving credit facilityMaintained low leverage balance sheet at 4.7x net... More