Omega Healthcare Investors (OHI) Scheduled to Post Earnings on Thursday

Omega Healthcare Investors (NYSE:OHI) will post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Omega Healthcare Investors to post earnings of $0.62 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Omega Healthcare Investors Trading Down 0.1 %

Shares of OHI stock opened at $30.67 on Thursday. Omega Healthcare Investors has a 1 year low of $26.00 and a 1 year high of $34.77. The firm’s fifty day simple moving average is $31.00 and its 200 day simple moving average is $31.15. The firm has a market capitalization of $7.52 billion, a P/E ratio of 30.98, a price-to-earnings-growth ratio of 9.91 and a beta of 0.91. The company has a current ratio of 6.76, a quick ratio of 6.76 and a debt-to-equity ratio of 1.35.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 8.74%. The ex-dividend date of this dividend is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 270.71%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Mizuho dropped their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, January 3rd. Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price target for the company from $33.00 to $31.00 in a report on Tuesday, January 16th. Truist Financial boosted their price target on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, April 2nd. Wells Fargo & Company raised shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $31.00 to $35.00 in a report on Monday, February 26th. Finally, Citigroup raised shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and boosted their price target for the company from $32.00 to $35.00 in a report on Friday, March 22nd. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Hold” and a consensus price target of $33.58.

Omega Healthcare Investors Company Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.