Equities research analysts expect that Omega Healthcare Investors, Inc. (NYSE:OHI) will post $0.84 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Omega Healthcare Investors’ earnings, with estimates ranging from $0.81 to $0.85. Omega Healthcare Investors posted earnings per share of $0.83 in the same quarter last year, which would suggest a positive year-over-year growth rate of 1.2%. The company is scheduled to announce its next quarterly earnings report on Monday, October 30th.

On average, analysts expect that Omega Healthcare Investors will report full year earnings of $3.36 per share for the current fiscal year, with EPS estimates ranging from $3.30 to $3.38. For the next year, analysts expect that the firm will post earnings of $3.40 per share, with EPS estimates ranging from $3.23 to $3.47. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Omega Healthcare Investors.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate of $0.49 by $0.16. The firm had revenue of $194 million during the quarter, compared to analyst estimates of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. Omega Healthcare Investors’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 EPS.

Several equities analysts recently issued reports on the company. BidaskClub lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $33.00 price objective on shares of Omega Healthcare Investors in a research note on Friday, May 12th. Finally, Vetr lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price objective on the stock. in a research note on Monday, April 17th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Omega Healthcare Investors currently has an average rating of “Hold” and an average target price of $34.38.

Shares of Omega Healthcare Investors (OHI) traded up 0.50% on Friday, hitting $30.29. The stock had a trading volume of 1,649,936 shares. The firm’s 50-day moving average is $32.54 and its 200 day moving average is $32.55. The stock has a market cap of $5.97 billion, a P/E ratio of 15.98 and a beta of 0.50. Omega Healthcare Investors has a 1-year low of $28.11 and a 1-year high of $38.09.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st will be given a dividend of $0.64 per share. The ex-dividend date is Friday, July 28th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.63. This represents a $2.56 dividend on an annualized basis and a yield of 8.45%. Omega Healthcare Investors’s dividend payout ratio is 135.45%.

In other Omega Healthcare Investors news, CFO Robert O. Stephenson sold 23,000 shares of the company’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $34.58, for a total transaction of $795,340.00. Following the transaction, the chief financial officer now owns 68,978 shares of the company’s stock, valued at approximately $2,385,259.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Daniel J. Booth sold 20,000 shares of the company’s stock in a transaction on Monday, June 26th. The stock was sold at an average price of $34.65, for a total value of $693,000.00. Following the transaction, the chief operating officer now directly owns 90,335 shares in the company, valued at approximately $3,130,107.75. The disclosure for this sale can be found here. 4.54% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of OHI. Advisors Asset Management Inc. increased its position in Omega Healthcare Investors by 15.0% in the first quarter. Advisors Asset Management Inc. now owns 74,345 shares of the real estate investment trust’s stock valued at $2,453,000 after buying an additional 9,715 shares in the last quarter. Howe & Rusling Inc. increased its position in Omega Healthcare Investors by 19.5% in the first quarter. Howe & Rusling Inc. now owns 232,679 shares of the real estate investment trust’s stock valued at $7,676,000 after buying an additional 37,905 shares in the last quarter. Capstone Asset Management Co. increased its position in Omega Healthcare Investors by 5.3% in the first quarter. Capstone Asset Management Co. now owns 18,503 shares of the real estate investment trust’s stock valued at $610,000 after buying an additional 930 shares in the last quarter. Macquarie Group Ltd. increased its position in Omega Healthcare Investors by 2.2% in the fourth quarter. Macquarie Group Ltd. now owns 54,630 shares of the real estate investment trust’s stock valued at $1,707,000 after buying an additional 1,150 shares in the last quarter. Finally, Bank of Montreal Can increased its position in Omega Healthcare Investors by 33.8% in the first quarter. Bank of Montreal Can now owns 119,848 shares of the real estate investment trust’s stock valued at $3,954,000 after buying an additional 30,298 shares in the last quarter. 73.62% of the stock is currently owned by hedge funds and other institutional investors.

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About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

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Earnings History and Estimates for Omega Healthcare Investors (NYSE:OHI)

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