Omega Healthcare Investors, Inc. (NYSE:OHI) Receives $46.44 Consensus Target Price from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have received a consensus rating of “Moderate Buy” from the fourteen research firms that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $47.0909.

OHI has been the subject of a number of recent research reports. Jefferies Financial Group reissued a “hold” rating and issued a $45.00 target price on shares of Omega Healthcare Investors in a report on Monday, December 15th. UBS Group increased their price objective on Omega Healthcare Investors from $50.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday. Scotiabank lifted their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Royal Bank Of Canada upped their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, Truist Financial increased their target price on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, December 1st.

Insider Activity at Omega Healthcare Investors

In other Omega Healthcare Investors news, CIO Vikas Gupta purchased 11,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $42.97 per share, for a total transaction of $494,155.00. Following the transaction, the executive directly owned 13,773 shares in the company, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Taylor Pickett purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were acquired at an average cost of $43.14 per share, with a total value of $862,800.00. Following the completion of the acquisition, the chief executive officer directly owned 20,000 shares in the company, valued at approximately $862,800. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new stake in Omega Healthcare Investors during the 2nd quarter worth about $26,000. Smartleaf Asset Management LLC lifted its position in shares of Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares in the last quarter. CENTRAL TRUST Co grew its stake in shares of Omega Healthcare Investors by 1,654.4% during the second quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 943 shares during the last quarter. Salem Investment Counselors Inc. bought a new stake in shares of Omega Healthcare Investors during the third quarter valued at approximately $39,000. Finally, Bayforest Capital Ltd increased its holdings in shares of Omega Healthcare Investors by 395.2% in the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $44.27 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 7.11 and a current ratio of 7.11. The company has a 50-day moving average of $44.49 and a 200-day moving average of $41.71. Omega Healthcare Investors has a 52 week low of $35.04 and a 52 week high of $46.36. The company has a market capitalization of $13.08 billion, a price-to-earnings ratio of 24.73, a PEG ratio of 1.88 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.02. The firm had revenue of $311.59 million during the quarter, compared to analyst estimates of $262.48 million. Omega Healthcare Investors had a net margin of 46.83% and a return on equity of 10.72%. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, equities research analysts anticipate that Omega Healthcare Investors will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were paid a $0.67 dividend. The ex-dividend date was Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.1%. Omega Healthcare Investors’s payout ratio is 149.72%.

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.