Home / Going-concern warnings / NATIONAL HEALTH INVESTORS INC
Filed 2026-08-10 路 Form 10-Q 路 Accession 0000877860-26-000199 mid
Price before filing: $74.24 (2026-08-07 close, split/dividend-adjusted)
Market cap at flag: $3.59B (2026-08-10) 路 Latest: $3.21B (2026-10-16)
| Window | NHI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -6.8% | -1.4% | -5.4% | 2026-09-09 |
| 90 days | pending | pending | until 2026-11-08 | |
| 180 days | pending | pending | until 2027-02-06 |
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.
90 days before the flag: 2 insiders bought $167K (2 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-05 | Mendelsohn D. Eric CEO and President, Director | Purchase | 1,500 | $68.84 | $103K | no | Form 4 |
| 2026-06-15 | MCCABE ROBERT A JR Director | Purchase | 890 | $71.65 | $64K | no | Form 4 |
| 2026-08-10: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-12 to 2026-09-09. 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.
"Bickford has been a cash basis tenant since 2022 when we received financial information from Bickford raising substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
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 2026-06-30)
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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