Omega Healthcare Investors, Inc. (NYSE:OHI) – Analysts at SunTrust Banks dropped their FY2017 EPS estimates for shares of Omega Healthcare Investors in a report released on Tuesday. SunTrust Banks analyst E. Fleming now expects that the real estate investment trust will post earnings per share of $3.20 for the year, down from their prior estimate of $3.37. SunTrust Banks currently has a “Hold” rating and a $30.00 target price on the stock. SunTrust Banks also issued estimates for Omega Healthcare Investors’ Q4 2017 earnings at $0.74 EPS, Q1 2018 earnings at $0.79 EPS, Q2 2018 earnings at $0.80 EPS, Q3 2018 earnings at $0.81 EPS, Q4 2018 earnings at $0.82 EPS, FY2018 earnings at $3.24 EPS and FY2019 earnings at $3.41 EPS.

Several other research analysts have also recently weighed in on the company. Hilliard Lyons cut Omega Healthcare Investors to a “buy” rating in a research report on Wednesday. TheStreet cut Omega Healthcare Investors from a “b-” rating to a “c” rating in a research report on Monday. Stifel Nicolaus cut Omega Healthcare Investors from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $35.00 to $29.00 in a research report on Tuesday. Vetr cut Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 price objective on the stock. in a research report on Monday. Finally, Capital One Financial Corporation reiterated an “equal weight” rating on shares of Omega Healthcare Investors in a research report on Sunday, October 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $31.83.

ILLEGAL ACTIVITY WARNING: “FY2017 Earnings Forecast for Omega Healthcare Investors, Inc. Issued By SunTrust Banks (OHI)” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/11/02/fy2017-earnings-forecast-for-omega-healthcare-investors-inc-issued-by-suntrust-banks-ohi.html.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a dividend of $0.65 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. This represents a $2.60 annualized dividend and a dividend yield of 9.01%. The ex-dividend date of this dividend is Monday, October 30th. Omega Healthcare Investors’s dividend payout ratio is 317.08%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in OHI. Wellington Management Group LLP grew its holdings in shares of Omega Healthcare Investors by 482.5% during the 1st quarter. Wellington Management Group LLP now owns 162,343 shares of the real estate investment trust’s stock worth $5,355,000 after purchasing an additional 134,472 shares in the last quarter. FMR LLC grew its holdings in shares of Omega Healthcare Investors by 26.7% during the 1st quarter. FMR LLC now owns 1,366,518 shares of the real estate investment trust’s stock worth $45,082,000 after purchasing an additional 287,612 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Omega Healthcare Investors by 0.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 88,263 shares of the real estate investment trust’s stock worth $2,912,000 after purchasing an additional 297 shares in the last quarter. Bremer Trust National Association grew its holdings in shares of Omega Healthcare Investors by 8.2% during the 2nd quarter. Bremer Trust National Association now owns 20,261 shares of the real estate investment trust’s stock worth $669,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Charter Trust Co. acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth $231,000. 72.87% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Earnings History and Estimates for Omega Healthcare Investors (NYSE:OHI)

Receive News & Ratings for Omega Healthcare Investors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.