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

Omega Healthcare Investors logo with Finance background

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) has been given a consensus rating of "Hold" by the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.88.

Several research analysts have weighed in on OHI shares. Wells Fargo & Company decreased their price target on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Monday, June 2nd. Truist Financial raised their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th.

Read Our Latest Report on OHI

Omega Healthcare Investors Stock Down 0.1%

OHI opened at $36.96 on Friday. The company has a current ratio of 6.58, a quick ratio of 6.58 and a debt-to-equity ratio of 0.90. Omega Healthcare Investors has a 1-year low of $32.92 and a 1-year high of $44.42. The company has a market capitalization of $10.69 billion, a PE ratio of 22.95, a PEG ratio of 2.17 and a beta of 0.69. The firm's 50 day simple moving average is $37.10 and its two-hundred day simple moving average is $37.36.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The business had revenue of $228.38 million for the quarter, compared to the consensus estimate of $236.61 million. During the same period last year, the firm earned $0.68 earnings per share. The company's quarterly revenue was up 13.8% on a year-over-year basis. As a group, equities analysts forecast that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were given a dividend of $0.67 per share. The ex-dividend date was Monday, May 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.25%. Omega Healthcare Investors's payout ratio is 166.46%.

Institutional Trading of Omega Healthcare Investors

Institutional investors and hedge funds have recently bought and sold shares of the stock. Teacher Retirement System of Texas increased its holdings in Omega Healthcare Investors by 69.8% in the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock valued at $5,385,000 after acquiring an additional 58,482 shares during the last quarter. Assetmark Inc. increased its holdings in Omega Healthcare Investors by 2.9% in the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after acquiring an additional 34,463 shares during the last quarter. Tallon Kerry Patrick bought a new stake in Omega Healthcare Investors in the 4th quarter valued at $1,250,000. Advisors Capital Management LLC increased its holdings in Omega Healthcare Investors by 4.3% in the 4th quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after acquiring an additional 31,072 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. increased its holdings in Omega Healthcare Investors by 4.2% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 368,127 shares of the real estate investment trust's stock valued at $13,934,000 after acquiring an additional 14,883 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Company Profile

(Get Free Report

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.

See Also

Analyst Recommendations for Omega Healthcare Investors (NYSE:OHI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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