Brokerages expect that Omega Healthcare Investors Inc (NYSE:OHI) will report sales of $219.07 million for the current quarter, according to Zacks. Three analysts have provided estimates for Omega Healthcare Investors’ earnings, with the lowest sales estimate coming in at $217.60 million and the highest estimate coming in at $220.99 million. Omega Healthcare Investors posted sales of $234.49 million in the same quarter last year, which suggests a negative year-over-year growth rate of 6.6%. The business is expected to report its next earnings report after the market closes on Tuesday, February 13th.
According to Zacks, analysts expect that Omega Healthcare Investors will report full-year sales of $219.07 million for the current year, with estimates ranging from $905.04 million to $908.17 million. For the next financial year, analysts forecast that the business will post sales of $924.76 million per share, with estimates ranging from $898.76 million to $946.17 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Omega Healthcare Investors.
Several research firms have recently weighed in on OHI. Hilliard Lyons downgraded Omega Healthcare Investors to a “buy” rating in a research report on Wednesday, November 1st. Capital One Financial restated an “equal weight” rating on shares of Omega Healthcare Investors in a research report on Sunday, October 22nd. ValuEngine upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Friday, December 15th. Vetr downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 target price on the stock. in a research report on Monday, October 30th. Finally, SunTrust Banks set a $28.00 target price on Omega Healthcare Investors and gave the company a “hold” rating in a research report on Monday, January 22nd. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Omega Healthcare Investors has an average rating of “Hold” and a consensus target price of $31.85.
Large investors have recently bought and sold shares of the stock. Barnett & Company Inc. increased its holdings in shares of Omega Healthcare Investors by 1,980.0% in the third quarter. Barnett & Company Inc. now owns 5,200 shares of the real estate investment trust’s stock valued at $166,000 after purchasing an additional 4,950 shares during the last quarter. Mcmillion Capital Management Inc. acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $201,000. Lourd Capital LLC acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at approximately $202,000. Timber Hill LLC acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $206,000. Finally, Good Life Advisors LLC acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $209,000. 67.91% of the stock is owned by hedge funds and other institutional investors.
Omega Healthcare Investors (NYSE OHI) opened at $26.13 on Friday. The firm has a market capitalization of $5,023.14, a P/E ratio of 31.87, a PEG ratio of 2.62 and a beta of 0.41. Omega Healthcare Investors has a 1 year low of $24.90 and a 1 year high of $35.14. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.40 and a quick ratio of 3.40.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 10.10%. The ex-dividend date of this dividend is Tuesday, January 30th. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.65. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 321.96%.
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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.
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