NH Investors Reports Q3 2026 Earnings Driven by National Healthcare Corporation Portfolio Sale
NH Investors (NHI) reported significant third-quarter results, highlighted by a net income per diluted share of $11.47, a substantial increase from $0.69 in the prior year. This surge was primarily driven by a $541.6 million gain resulting from the disposal of the National Healthcare Corporation portfolio. However, normalized Funds From Operations (FFO) per diluted share fell 15.2% to $1.12 due to the impact of these real estate dispositions. The company is actively pivoting its strategy, increasing Senior Housing Operating Property (SHOP) contribution from 9% to 18% of total net operating income. While rental income decreased by 2.5% following property sales, SHOP NOI saw a massive 134% year-over-year increase. Management maintains a strong liquidity position of $1 billion and is focused on deploying capital through Section 1031 exchanges to support its evolving portfolio mix.
Topics: Acquisitions FFO per Diluted Share Net Income Real Estate Dispositions Senior Housing
Read the full article at Motley Fool
Part of the story NH Investors Reports Q3 2026 Earnings Driven by National Healthcare Corporation Portfolio Sale (2 articles)