Home / Going-concern warnings / NATIONAL HEALTH INVESTORS INC

3/5NATIONAL HEALTH INVESTORS INC (NHI): Going-concern doubt

Filed 2026-05-04 路 Form 10-Q 路 Accession 0000877860-26-000135 mid

Market data

Price before filing: $74.73 (2026-05-01 close, split/dividend-adjusted)
Market cap at flag: $3.66B (2026-05-04) 路 Latest: $3.21B (2026-10-16)

What happened next

WindowNHISPYvs SPY
30 days-9.3%+4.7%-14.0%2026-06-03
90 days+0.2%+5.4%-5.2%2026-08-03
180 dayspendingpendinguntil 2026-10-31

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-03 to 2026-06-03. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"In 2022, we began recognizing rental income from Bickford's leases using the cash basis of accounting for revenue recognition based upon information we obtained from Bickford regarding its financial condition that raised substantial doubt about its ability to continue as a going concern. 21 NATIONAL HEALTH INVESTORS, INC. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) (unaudited) In April 2026,..."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2026-03-31)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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