Brokerages Set Omega Healthcare Investors, Inc. (NYSE:OHI) Price Target at $49.17

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have earned an average recommendation of “Hold” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $49.00.

A number of equities analysts have weighed in on the company. Scotiabank upped their price target on Omega Healthcare Investors from $48.00 to $50.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a research report on Monday, May 4th. Royal Bank Of Canada upped their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. 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. Finally, Truist Financial reduced their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Omega Healthcare Investors by 3.4% during 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 purchasing an additional 1,386,887 shares in the last quarter. State Street Corp raised its stake in shares of Omega Healthcare Investors by 4.8% during 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 purchasing an additional 671,473 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Omega Healthcare Investors by 9.4% during 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 purchasing an additional 734,774 shares in the last quarter. Invesco Ltd. raised its stake in shares of Omega Healthcare Investors by 8.6% during the 4th quarter. Invesco Ltd. now owns 5,368,945 shares of the real estate investment trust’s stock worth $238,059,000 after purchasing an additional 424,024 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Omega Healthcare Investors by 4.1% during 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 purchasing an additional 174,062 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 1.1%

NYSE:OHI opened at $45.77 on Friday. Omega Healthcare Investors has a twelve month low of $35.70 and a twelve month high of $49.33. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.81. The business has a 50 day moving average price of $46.38 and a two-hundred day moving average price of $45.74. The company has a market cap of $13.63 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.95 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The firm had revenue of $322.96 million for the quarter, compared to analyst estimates of $264.07 million. During the same period last year, the company earned $0.75 EPS. The company’s revenue was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, analysts expect that Omega Healthcare Investors will post 3.1 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, May 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.9%. Omega Healthcare Investors’s dividend payout ratio is currently 129.47%.

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.