Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Omega Healthcare Investors, Inc. (NYSE:OHI) has earned an average rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $41.44.

OHI has been the subject of a number of research analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company decreased their target price on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a research report on Monday, December 9th. Mizuho boosted their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Finally, Truist Financial boosted their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday.

Hedge Funds Weigh In On Omega Healthcare Investors

Several institutional investors have recently modified their holdings of OHI. Janney Montgomery Scott LLC grew its holdings in shares of Omega Healthcare Investors by 1.7% in the third quarter. Janney Montgomery Scott LLC now owns 31,493 shares of the real estate investment trust’s stock valued at $1,282,000 after acquiring an additional 526 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 286 shares during the last quarter. Entropy Technologies LP lifted its stake in Omega Healthcare Investors by 84.3% in the third quarter. Entropy Technologies LP now owns 16,280 shares of the real estate investment trust’s stock valued at $663,000 after purchasing an additional 7,448 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Omega Healthcare Investors by 2.9% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 282,208 shares of the real estate investment trust’s stock valued at $11,486,000 after purchasing an additional 8,072 shares during the last quarter. Finally, MQS Management LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at approximately $351,000. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Down 0.1 %

Shares of NYSE:OHI opened at $38.17 on Friday. Omega Healthcare Investors has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a market capitalization of $10.76 billion, a price-to-earnings ratio of 24.62, a P/E/G ratio of 1.09 and a beta of 1.00. The business’s 50-day moving average is $37.07 and its 200-day moving average is $38.92. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Equities research analysts predict that Omega Healthcare Investors will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.02%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is presently 172.90%.

Omega Healthcare Investors Company Profile

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.