National Health Investors, Inc. (NYSE:NHI) Q2 2023 Earnings Call Transcript

John Spaid : So, right now, we’re in great shape in terms of our leverage so that we could deploy a little more leverage towards acquisitions. That would be our initial plan. And I think what we’re trying to do is get back to that growth and demonstrate that the noise has eliminated from our name, the growth is back, that would then improve the equity and lower our total cost of capital. And then once we get into a steady stream of investments, we would then start entertaining tapping equity again. And I would remind you that we do have a $160 million authorization to repurchase our stock. So, that’s always on the table, particularly given since we have some leverage to be able to do just that.

Unidentified Analyst: That’s very helpful thank you, guys.

Operator: And we have no further questions on the line. Please continue with the presentation or any closing remarks.

Eric Mendelsohn : Thanks, everyone, for your time and interest today, and we’ll see many of you at NAREIT.

Operator: Thank you very much, and thank you, everyone. That does conclude the conference call for today. We thank you for your participation and ask you to disconnect your lines. Have a good day, everyone.