NHI
National Health Investors, Inc.
NHI's fundamentals are strong and it looks cheap: trading at 4.5x earnings, less than half its usual 23x. Analysts expect earnings to decline.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
NHI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
NHI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for real estate companies like NHI.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
NHI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 4.5x | $64.55 | — |
| Cheap | 17x | $240 | +271% |
| Forward | 21x | $64.55 | — |
| Fair | 23x | $325 | +403% |
| Expensive | 28x | $397 | +515% |
Historical ranges are pointers, not guarantees.
NHI's PE is in its cheap range at 4.5x. Analysts expect earnings to fall, which would put today's price at 21x next year's earnings, in its fair range.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
NHI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Stable | |
| -- | |
| Limited | |
| High |
Analysts expect NHI's earnings to decline, with its revenue and profitability holding steady.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
NHI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.10 | -78% |
| Q3 2026 | $14.24 | +348% |
| Q2 2026 | $3.46 | +10% |
| Q1 2026 | $3.10 | -1.9% |
| Q4 2025 | $3.02 | -3.5% |
| Q3 2025 | $3.18 | +9.3% |
| Q2 2025 | $3.14 | +6.8% |
| Q1 2025 | $3.16 | +3.6% |
| Q4 2024 | $3.13 | 0% |
NHI has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
NHI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $113.5M | +26% |
| Q2 2026 | $121.3M | +34% |
| Q1 2026 | $115.1M | +29% |
| Q4 2025 | $105.8M | +23% |
| Q3 2025 | $89.8M | +8.3% |
| Q2 2025 | $90.7M | +6.7% |
| Q1 2025 | $89.3M | +9.5% |
| Q4 2024 | $85.8M | +7.9% |
NHI has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 496% | N/A |
| Q2 2026 | 46% | N/A |
NHI has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
NHI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $65M | +8.6% |
| Q1 2026 | -$56M | -220% |
| Q2 2025 | $59.8M | -1.5% |
| Q1 2025 | $46.5M | +14% |
| Q3 2024 | $48.6M | -2.2% |
| Q2 2024 | $60.7M | +20% |
| Q1 2024 | $40.8M | +31% |
| Q4 2023 | $53.2M | +15% |
NHI has the stronger cash trend. Its trailing FCF is down 144% versus its history, compared with OPEN at down 386%.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
NHI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +544K shares |
| 1 year | +3% | +1.4M shares |
| 3 years | +13% | +5.7M shares |
| 5 years | +7% | +3.2M shares |
| Available history | +11% | +4.7M shares |
NHI has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | $82M |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
NHI Net Leverage
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
NHI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.3 | Neutral |
| Stochastic | 28.5 | Neutral |
NHI's weekly RSI is 37 (neutral) and its Stochastic is 28 (neutral).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
NHI PE vs Real Estate Sector
| Metric | NHI | Sector median | Relative |
|---|---|---|---|
| PE | 4.5x | 24x | 81% below |
| PE % | 0 | 23 | 23 pts below |
NHI is trading at 4.5x earnings, a 81% discount to the Real Estate sector's median of 24x.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
NHI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.7 | 3.2% below |
| 20 week MA | $71.3 | 9.5% below |
| 50 week MA | $76.2 | 15% below |
| 100 week MA | $74.8 | 14% below |
| 200 week MA | $67.8 | 4.8% below |
NHI is in a downtrend: it's below all five of its weekly moving averages, and 4.8% below its 200-week average.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
NHI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $82.4 | $69.7 | -15% |
| 2021 | $69.7 | $56.0 | -20% |
| 2022 | $56.0 | $54.1 | -3.4% |
| 2023 | $54.1 | $55.9 | +3.3% |
| 2024 | $55.9 | $68.8 | +23% |
| 2025 | $68.8 | $77.1 | +12% |
| 2026 YTD | $77.1 | $64.6 | -16% |
NHI has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.