Omega Healthcare Investors (NYSE:OHI) Given "Buy (B)" Rating at Weiss Ratings

Omega Healthcare Investors (NYSE:OHI - Get Free Report)'s stock had its "buy (b)" rating reissued by research analysts at Weiss Ratings in a research report issued on Saturday,Weiss Ratings reports.

OHI has been the subject of a number of other research reports. Mizuho upped their price target on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Thursday, September 11th. Cantor Fitzgerald initiated coverage on Omega Healthcare Investors in a report on Wednesday, October 1st. They issued an "overweight" rating and a $50.00 price target for the company. Royal Bank Of Canada increased their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. Raymond James Financial restated an "outperform" rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Finally, Wells Fargo & Company upped their price target on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company an "overweight" rating in a report on Tuesday. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $44.50.

Omega Healthcare Investors Stock Down 0.5%

OHI opened at $40.48 on Friday. The firm has a 50 day moving average price of $41.59 and a 200 day moving average price of $39.02. The company has a market cap of $11.94 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.89 and a beta of 0.70. Omega Healthcare Investors has a 1 year low of $35.04 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.32. The firm had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company's revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Sell-side analysts expect that Omega Healthcare Investors will post 2.86 earnings per share for the current year.

Insider Activity at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the transaction, the director directly owned 18,654 shares in the company, valued at $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OHI. GAMMA Investing LLC raised its stake in shares of Omega Healthcare Investors by 14.2% in the first quarter. GAMMA Investing LLC now owns 4,572 shares of the real estate investment trust's stock valued at $174,000 after purchasing an additional 568 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Omega Healthcare Investors by 5.0% during the first quarter. Janney Montgomery Scott LLC now owns 34,453 shares of the real estate investment trust's stock worth $1,312,000 after acquiring an additional 1,651 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Omega Healthcare Investors by 17.2% during the first quarter. Oppenheimer Asset Management Inc. now owns 31,736 shares of the real estate investment trust's stock worth $1,209,000 after acquiring an additional 4,669 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in Omega Healthcare Investors by 37.7% during the first quarter. Illinois Municipal Retirement Fund now owns 36,729 shares of the real estate investment trust's stock worth $1,399,000 after acquiring an additional 10,058 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in Omega Healthcare Investors by 556.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock worth $39,143,000 after acquiring an additional 871,472 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

About Omega Healthcare Investors

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.

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