Brokerages Set Omega Healthcare Investors, Inc. (NYSE:OHI) Price Target at $48.50

Omega Healthcare Investors, Inc. (NYSE:OHI) has been given a consensus rating of “Hold” by the fifteen analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $48.7857.

OHI has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Barclays initiated coverage on shares of Omega Healthcare Investors in a research note on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price objective on the stock. Truist Financial decreased their price objective on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th.

Institutional Trading of Omega Healthcare Investors

Hedge funds have recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its stake in 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 valued at $464,000 after acquiring an additional 237 shares during the period. GeoWealth Management LLC increased its holdings 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 worth $796,000 after acquiring an additional 239 shares in the last quarter. Community Bank of Raymore raised its position in shares of Omega Healthcare Investors by 1.0% during 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 purchasing an additional 260 shares during the period. EntryPoint Capital LLC raised its position in shares of Omega Healthcare Investors by 2.7% during the fourth quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust’s stock worth $439,000 after purchasing an additional 260 shares during the period. Finally, Checchi Capital Advisers LLC lifted 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 valued at $363,000 after purchasing an additional 262 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.3%

Shares of Omega Healthcare Investors stock opened at $50.80 on Monday. Omega Healthcare Investors has a 12 month low of $38.71 and a 12 month high of $52.39. The business has a fifty day simple moving average of $47.75 and a 200 day simple moving average of $46.68. The stock has a market cap of $15.13 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 2.16 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last released its 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. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The company’s quarterly revenue was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts expect that Omega Healthcare Investors will post 3.09 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a $0.68 dividend. The ex-dividend date is Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.4%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s dividend payout ratio 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.