Omega Healthcare Investors (OHI) Set to Announce Quarterly Earnings on Thursday

Omega Healthcare Investors (NYSE:OHI - Get Free Report) will be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Omega Healthcare Investors to post earnings of $0.62 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock traded up $0.21 during midday trading on Thursday, hitting $30.90. The company had a trading volume of 1,505,930 shares, compared to its average volume of 1,749,682. The company has a fifty day simple moving average of $31.00 and a 200 day simple moving average of $31.15. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of 31.21, a PEG ratio of 10.05 and a beta of 0.91. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35. Omega Healthcare Investors has a 12-month low of $26.00 and a 12-month high of $34.77.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.67 per share. The ex-dividend date is Monday, April 29th. This represents a $2.68 annualized dividend and a dividend yield of 8.67%. Omega Healthcare Investors's payout ratio is currently 270.71%.

Analyst Ratings Changes

A number of analysts have commented on OHI shares. Citigroup raised Omega Healthcare Investors from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $31.00 to $35.00 in a report on Monday, February 26th. Mizuho decreased their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, January 3rd. Truist Financial upped their target price on Omega Healthcare Investors from $31.00 to $32.00 and gave the stock a "hold" rating in a research note on Tuesday, April 2nd. Finally, Bank of America downgraded Omega Healthcare Investors from a "buy" rating to a "neutral" rating and decreased their price target for the company from $33.00 to $31.00 in a report on Tuesday, January 16th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $33.58.

Omega Healthcare Investors Company Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.