Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts rate Omega Healthcare Investors “Hold” on average: Of 15 analysts, seven recommend holding, six recommend buying and two recommend selling. The average 12-month price target is $49.50.
• Recent results exceeded expectations: 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.
• The dividend was increased to $0.68 per quarter: The annualized payout is $2.72 per share, representing a 5.7% yield, though the payout ratio is high at 97.14%.

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) have been given an average rating of "Hold" by the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $49.50.

Several equities research analysts recently weighed in on OHI shares. Cantor Fitzgerald lifted their price objective on Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Weiss Ratings raised shares of Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, June 30th. Scotiabank cut their target price on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a "sector perform" rating for the company in a research report on Thursday, June 18th. Truist Financial cut their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating for the company in a research report on Tuesday, June 9th. Finally, Mizuho lifted their target price on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a "neutral" rating in a research note on Monday, August 31st.

Omega Healthcare Investors Stock Up 0.8%

Shares of OHI stock opened at $47.34 on Tuesday. The firm has a market cap of $14.35 billion, a P/E ratio of 16.91, a PEG ratio of 1.90 and a beta of 0.58. The company has a 50 day moving average of $48.11 and a 200-day moving average of $47.09. Omega Healthcare Investors has a 12-month low of $39.26 and a 12-month high of $52.39.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating 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 business had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. Omega Healthcare Investors's revenue for the quarter was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities analysts expect that Omega Healthcare Investors will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a $0.68 dividend. This is a boost from Omega Healthcare Investors's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $2.72 annualized dividend and a yield of 5.7%. Omega Healthcare Investors's payout ratio is 97.14%.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors purchased a new position in shares of Omega Healthcare Investors during the 1st quarter valued at about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $37,000. Rothschild Investment LLC boosted its stake in Omega Healthcare Investors by 283.7% in the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust's stock worth $42,000 after buying an additional 698 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Omega Healthcare Investors by 53.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust's stock worth $43,000 after buying an additional 315 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in Omega Healthcare Investors by 345.2% during the fourth quarter. Larson Financial Group LLC now owns 984 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 763 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc NYSE: OHI is a real estate investment trust focused on the healthcare sector. The company owns and leases healthcare-related real estate, with an emphasis on facilities that provide long-term and post-acute care.

Omega's portfolio is primarily made up of skilled nursing facilities and assisted living facilities. It generally leases these properties to healthcare operators under long-term, often triple-net lease arrangements, under which tenants are typically responsible for property-level expenses such as 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.