Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have earned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $44.4444.

Several brokerages recently weighed in on OHI. Truist Financial upped their target price on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Royal Bank Of Canada raised their price target on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a report on Thursday, August 7th. Scotiabank upped their price objective on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Wells Fargo & Company increased their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Finally, Mizuho lifted their target price on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th.

Insider Buying and Selling at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the sale, the director directly owned 18,654 shares in the company, valued at approximately $749,144.64. The trade was a 11.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Omega Healthcare Investors

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in Omega Healthcare Investors during the second quarter valued at approximately $26,000. NBC Securities Inc. bought a new stake in Omega Healthcare Investors in the 1st quarter worth approximately $29,000. Smartleaf Asset Management LLC raised its holdings in shares of Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of Omega Healthcare Investors by 1,654.4% during the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 943 shares during the last quarter. Finally, Bayforest Capital Ltd grew its holdings in shares of Omega Healthcare Investors by 395.2% in the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Trading Down 0.6%

Shares of NYSE:OHI opened at $40.90 on Tuesday. The stock has a 50 day moving average of $41.48 and a 200 day moving average of $38.74. The company has a market cap of $12.07 billion, a PE ratio of 25.25, a price-to-earnings-growth ratio of 2.15 and a beta of 0.70. Omega Healthcare Investors has a 12-month low of $35.04 and a 12-month high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.32. The business had revenue of $235.60 million for 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 for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, equities research analysts expect that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were given a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.6%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 165.43%.

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.