Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Recommendation of “Hold” from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHIGet Free Report) have received a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $41.88.

A number of equities analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an “equal weight” rating for the company in a research note on Monday, June 2nd. Truist Financial lifted their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, March 18th.

Check Out Our Latest Analysis on OHI

Institutional Investors Weigh In On Omega Healthcare Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NBC Securities Inc. bought a new stake in Omega Healthcare Investors during the 1st quarter valued at about $29,000. Loomis Sayles & Co. L P lifted its holdings in Omega Healthcare Investors by 27.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 319 shares in the last quarter. Dunhill Financial LLC lifted its holdings in Omega Healthcare Investors by 97.9% during the 4th quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 750 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in Omega Healthcare Investors by 177.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 1,009 shares in the last quarter. Finally, Park Square Financial Group LLC bought a new stake in Omega Healthcare Investors during the 4th quarter valued at about $61,000. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI opened at $36.96 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58. The company has a market cap of $10.69 billion, a P/E ratio of 22.95, a P/E/G ratio of 2.17 and a beta of 0.69. The firm’s fifty day moving average is $37.10 and its two-hundred day moving average is $37.36. Omega Healthcare Investors has a 52-week low of $32.92 and a 52-week high of $44.42.

Omega Healthcare Investors (NYSE:OHIGet Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The business had revenue of $228.38 million during the quarter, compared to analysts’ expectations of $236.61 million. During the same period last year, the company posted $0.68 EPS. The business’s revenue was up 13.8% on a year-over-year basis. As a group, analysts anticipate that Omega Healthcare Investors will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.25%. Omega Healthcare Investors’s dividend payout ratio is presently 166.46%.

About Omega Healthcare Investors

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Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.

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Analyst Recommendations for Omega Healthcare Investors (NYSE:OHI)

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