Omega Healthcare Investors, Inc. (NYSE:OHI) Receives $48.67 Consensus Target Price from Brokerages

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have been given a consensus rating of “Hold” by the fourteen research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $48.8333.

A number of research analysts have commented on OHI shares. Bank of America reissued an “underperform” rating and set a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. UBS Group raised their target price on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday. Truist Financial raised their target price on shares of Omega Healthcare Investors from $46.00 to $48.00 and gave the company a “hold” rating in a research report on Thursday, March 5th. Citigroup raised their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, BMO Capital Markets reissued a “market perform” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a research report on Monday, May 4th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Omega Healthcare Investors by 3.4% in the 3rd quarter. Vanguard Group Inc. now owns 42,152,368 shares of the real estate investment trust’s stock worth $1,779,673,000 after buying an additional 1,386,887 shares during the last quarter. State Street Corp grew its position in shares of Omega Healthcare Investors by 4.8% in the 2nd quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock worth $534,792,000 after buying an additional 671,473 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Omega Healthcare Investors by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 8,515,924 shares of the real estate investment trust’s stock worth $377,648,000 after buying an additional 734,774 shares during the last quarter. Invesco Ltd. grew its position in shares of Omega Healthcare Investors by 8.6% in the 4th quarter. Invesco Ltd. now owns 5,368,945 shares of the real estate investment trust’s stock worth $238,059,000 after buying an additional 424,024 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Omega Healthcare Investors by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,463,838 shares of the real estate investment trust’s stock worth $197,927,000 after buying an additional 174,062 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 1.4%

NYSE OHI opened at $47.26 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The company has a market capitalization of $14.07 billion, a price-to-earnings ratio of 22.83, a price-to-earnings-growth ratio of 2.14 and a beta of 0.59. The company’s 50-day simple moving average is $46.29 and its two-hundred day simple moving average is $45.25. Omega Healthcare Investors has a one year low of $35.70 and a one year high of $49.14.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The business had revenue of $322.96 million for the quarter, compared to analysts’ expectations of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period last year, the business posted $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Equities analysts forecast that Omega Healthcare Investors will post 3.06 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.7%. Omega Healthcare Investors’s payout ratio is presently 129.47%.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.