National Health Investors cuts 2026 normalized FFO guidance midpoint to $4.69 per share from $4.77
NHI•National Health Investors lowered its 2026 normalized FFO guidance midpoint to $4.69 per diluted share from $4.77. It also cut its funds available for distribution midpoint to $237.2 million from $242.2 million and its net income midpoint to $687.3 million from $704.1 million.
1. Lowered guidance
National Health Investors lowered its 2026 normalized FFO guidance midpoint to $4.69 per diluted share from $4.77 in August. The company now forecasts funds available for distribution of $237.2 million and net income attributable to common stockholders of $687.3 million at the midpoint, down from $242.2 million and $704.1 million, respectively.
2. Portfolio assumptions
The guidance projects total senior housing operating portfolio NOI of $43.8 million to $44.3 million across 48 properties. It assumes $190 million in unidentified new investments and same-store operating portfolio NOI growth of 1% to 3% across 15 properties.
