Omega Healthcare Investors (NYSE:OHI) Sets New 52-Week High – Should You Buy?

Omega Healthcare Investors, Inc. (NYSE:OHI)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $51.05 and last traded at $50.6720, with a volume of 1904030 shares traded. The stock had previously closed at $50.60.

Wall Street Analyst Weigh In

Several research firms have issued reports on OHI. Barclays began coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price target on the stock. UBS Group set a $47.00 price objective on Omega Healthcare Investors in a report on Thursday, June 18th. Truist Financial dropped their target price on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Scotiabank cut their target price on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, Bank of America reaffirmed an “underperform” rating and set a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $48.50.

Omega Healthcare Investors Stock Performance

The company has a market capitalization of $15.09 billion, a P/E ratio of 24.48, a PEG ratio of 2.16 and a beta of 0.58. The stock’s fifty day moving average price is $47.33 and its 200-day moving average price is $46.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). The business had revenue of $322.95 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, research analysts anticipate that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Bogart Wealth LLC raised its position in shares of Omega Healthcare Investors by 2.3% in the fourth quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock worth $464,000 after acquiring an additional 237 shares during the period. GeoWealth Management LLC lifted its position in shares of Omega Healthcare Investors by 1.3% in the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after acquiring an additional 239 shares in the last quarter. EntryPoint Capital LLC lifted its holdings in Omega Healthcare Investors by 2.7% in the 4th quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust’s stock valued at $439,000 after purchasing an additional 260 shares in the last quarter. Community Bank of Raymore lifted its stake in shares of Omega Healthcare Investors by 1.0% in the first quarter. Community Bank of Raymore now owns 26,540 shares of the real estate investment trust’s stock worth $1,163,000 after buying an additional 260 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its holdings in shares of Omega Healthcare Investors by 3.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock worth $363,000 after purchasing an additional 262 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

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.