National Health Investors, Inc. — Third Quarter 2026 Earnings Summary

National Health Investors, Inc. reported third-quarter 2026 net income of $562.7 million, or $11.47 per diluted share, driven primarily by a $541.6 million gain from the sale of its National Healthcare Corporation leased portfolio. The company's NAREIT Funds from Operations per diluted share increased to $1.12, while Normalized FFO per share decreased to $1.12 due to transaction costs and other adjustments. Portfolio activity included the sale of 42 properties for $672.1 million in proceeds and the acquisition of six senior housing communities and two additional facilities totaling over $159 million. Looking ahead, the company provided full-year 2026 guidance projecting NAREIT FFO per share between $4.68 and $4.70 and Normalized FAD between $236.6 million and $237.7 million.