Gateway Wealth Partners LLC purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,876 shares of the real estate investment trust’s stock, valued at approximately $433,000.
A number of other large investors have also added to or reduced their stakes in the stock. Lombard Odier Asset Management USA Corp bought a new position in shares of Omega Healthcare Investors during the 1st quarter valued at approximately $308,000. Waverly Advisors LLC raised its holdings in shares of Omega Healthcare Investors by 4.3% in the 1st quarter. Waverly Advisors LLC now owns 7,286 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 303 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Omega Healthcare Investors by 725.9% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 223,000 shares of the real estate investment trust’s stock worth $9,772,000 after purchasing an additional 196,000 shares during the period. Renaissance Technologies LLC lifted its stake in Omega Healthcare Investors by 88.9% in the first quarter. Renaissance Technologies LLC now owns 625,378 shares of the real estate investment trust’s stock valued at $27,404,000 after purchasing an additional 294,327 shares during the last quarter. Finally, Compound Planning Inc. lifted its stake in Omega Healthcare Investors by 4.5% in the first quarter. Compound Planning Inc. now owns 20,071 shares of the real estate investment trust’s stock valued at $880,000 after purchasing an additional 864 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Scotiabank reduced their price objective on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 30th. Citigroup reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, June 15th. Truist Financial cut their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. Finally, Wells Fargo & Company upped their price objective on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $48.79.
Omega Healthcare Investors Price Performance
Omega Healthcare Investors stock opened at $50.80 on Friday. Omega Healthcare Investors, Inc. has a one year low of $38.71 and a one year high of $52.39. The business has a fifty day moving average price of $47.75 and a 200-day moving average price of $46.67. The company has a debt-to-equity ratio of 0.71, a current ratio of 6.03 and a quick ratio of 5.32. The firm has a market capitalization of $15.13 billion, a P/E ratio of 18.14, a PEG ratio of 2.15 and a beta of 0.58.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.
Omega Healthcare Investors Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.68 per share. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 95.71%.
Omega Healthcare Investors Company Profile
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.
Further Reading
- Five stocks we like better than Omega Healthcare Investors
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.
