Omega Healthcare Investors, Inc. (NYSE:OHI) Shares to Pay Quarterly Dividend of $0.68

Key Points

• Omega Healthcare Investors declared a quarterly dividend of $0.68 per share, payable November 16 to shareholders of record on November 5. The dividend equates to $2.72 annually and a 5.8% yield.
• The company’s current dividend payout ratio is high at 150.3%, meaning earnings do not fully cover the dividend; analysts expect the ratio to improve to 84.7% next year based on projected earnings.
• Omega reported quarterly EPS of $1.19, exceeding estimates of $0.51, while revenue rose 16.2% year over year to $328.25 million. Its shares opened at $46.98, with a market capitalization of approximately $14.24 billion.

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) announced a quarterly dividend on Monday, October 26th. Shareholders of record on Thursday, November 5th will be given a dividend of $0.68 per share by the real estate investment trust on Monday, November 16th. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Thursday, November 5th.

Omega Healthcare Investors has a dividend payout ratio of 150.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Omega Healthcare Investors to earn $3.21 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 84.7%.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $46.98 on Tuesday. Omega Healthcare Investors has a 52-week low of $39.26 and a 52-week high of $52.39. The firm has a 50 day moving average price of $46.17 and a two-hundred day moving average price of $46.55. The firm has a market cap of $14.24 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 1.87 and a beta of 0.53.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The firm had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. During the same quarter in the previous year, the company earned $0.77 EPS. The company'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 research analysts predict that Omega Healthcare Investors will post 3.12 EPS for the current fiscal year.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust focused on the healthcare sector. The company invests in and owns healthcare facilities, with a primary emphasis on skilled nursing and assisted living properties.

Omega generally leases its properties to healthcare operators under long-term agreements, supporting services for seniors and individuals who require post-acute, rehabilitative, or long-term care. Its portfolio has also included other healthcare-related properties, such as continuing care retirement communities and specialty facilities.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega serves healthcare operators across the United States and the United Kingdom.

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