Omega Healthcare Investors (NYSE:OHI) Stock Bumped Up to "Buy" by Wall Street Zen

Key Points

• Wall Street Zen upgraded Omega Healthcare Investors from “hold” to “buy,” although the broader analyst consensus remains “hold,” with six buys, seven holds and two sells.
• OHI shares opened at $45.68, below the consensus price target of $49.93. The stock has traded between $39.26 and $52.39 over the past year.
• Omega reported quarterly EPS of $1.19 versus the $0.51 consensus estimate, while revenue rose 16.2% year over year to $328.25 million; institutional investors own 65.25% of the company.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

OHI has been the subject of several other reports. Wells Fargo & Company lowered their price target on Omega Healthcare Investors from $49.00 to $48.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 1st. Weiss Ratings reissued a "buy (b+)" rating on shares of Omega Healthcare Investors in a research note on Friday, September 25th. Barclays dropped their price objective on shares of Omega Healthcare Investors from $50.00 to $48.00 and set an "underweight" rating for the company in a report on Tuesday. Cantor Fitzgerald upped their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Finally, Mizuho raised their price target on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the company a "neutral" rating in a research report on Monday, August 31st. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of "Hold" and a consensus price target of $49.93.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $45.68 on Friday. The firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 1.84 and a beta of 0.53. Omega Healthcare Investors has a fifty-two week low of $39.26 and a fifty-two week high of $52.39. The stock has a 50 day moving average of $46.24 and a 200 day moving average of $46.91.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%. The company had revenue of $328.25 million during the quarter, compared to analysts' expectations of $266.97 million. During the same quarter last year, the firm earned $0.77 earnings per share. The firm's quarterly revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts forecast that Omega Healthcare Investors will post 3.12 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Omega Healthcare Investors during the second quarter worth about $1,838,155,000. Bank of New York Mellon Corp acquired a new position in Omega Healthcare Investors in the 2nd quarter valued at about $275,230,000. Dimensional Fund Advisors LP increased its position in Omega Healthcare Investors by 2.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,423,120 shares of the real estate investment trust's stock valued at $193,824,000 after acquiring an additional 108,736 shares during the period. Bank of America Corp DE raised its stake in Omega Healthcare Investors by 3.6% during the 1st quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust's stock valued at $166,285,000 after acquiring an additional 131,000 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in Omega Healthcare Investors by 48.5% during the 1st quarter. Quantinno Capital Management LP now owns 2,125,931 shares of the real estate investment trust's stock valued at $93,158,000 after acquiring an additional 694,426 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) focused on healthcare facilities, with an emphasis on skilled nursing and assisted living properties. The company owns or invests in healthcare real estate and leases its properties to operators that provide care and related services to residents.

Omega generally uses long-term, predominantly triple-net lease arrangements, under which tenants are responsible for many property-level expenses, including maintenance, insurance and taxes.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.