National Health Investors reported a net income of $0.95 per diluted common share for Q4 2019, a 9.2% increase year-over-year, and AFFO of $1.30 per diluted common share, a 2.4% increase year-over-year.
GAAP net income attributable to common stockholders of $0.95 for the fourth quarter.
AFFO of $1.30 for the fourth quarter.
Portfolio lease coverage remains strong at 1.66x.
Q4 2019 fixed charge coverage remains conservative at 5.7x.
The Company currently expects net income to be in the range of $4.33 to $4.47 per diluted common share, Normalized FFO for 2020 to be in the range of $5.67 to $5.71 per diluted common share and Normalized AFFO to be in the range of $5.31 to $5.35 per diluted common share.
Visualization of income flow from segment revenue to net income