Omega Healthcare Investors (OHI) Earns Coverage Optimism Score of 0.15
Media stories about Omega Healthcare Investors (NYSE:OHI) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Omega Healthcare Investors earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.5519458125776 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Omega Healthcare Investors, Inc. (OHI) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Omega Healthcare Investors Inc (OHI) Seeing Increased Volatility in Session – Evergreen Caller (evergreencaller.com)
- Recent Buy: Omega Healthcare Investors – Seeking Alpha (seekingalpha.com)
- A Few Clear Signs For Omega Healthcare Investors, Inc. (OHI), Plains All American Pipeline, LP (PAA) – AllStockNews (allstocknews.com)
- Q3 2017 EPS Estimates for Omega Healthcare Investors Inc (NYSE:OHI) Decreased by Analyst (americanbankingnews.com)
OHI has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Vetr lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price objective for the company. in a research note on Monday, April 17th. 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, BidaskClub upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $34.38.
Shares of Omega Healthcare Investors (NYSE OHI) opened at 30.29 on Friday. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 15.98 and a beta of 0.50. Omega Healthcare Investors has a 52 week low of $28.11 and a 52 week high of $38.09. The firm’s 50-day moving average is $32.54 and its 200-day moving average is $32.55.
Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The business had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. During the same period in the prior year, the firm posted $0.87 earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts predict that Omega Healthcare Investors will post $1.82 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders 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 represents a $2.56 annualized dividend and a dividend yield of 8.45%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. Omega Healthcare Investors’s payout ratio is currently 135.45%.
In related news, COO Daniel J. Booth sold 20,000 shares of the business’s stock in a transaction on Monday, June 26th. The stock was sold at an average price of $34.65, for a total transaction of $693,000.00. Following the completion of the transaction, the chief operating officer now owns 90,335 shares in the company, valued at approximately $3,130,107.75. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Craig R. Callen acquired 15,000 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were acquired at an average price of $31.40 per share, with a total value of $471,000.00. Following the acquisition, the director now owns 18,000 shares in the company, valued at $565,200. The disclosure for this purchase can be found here. Insiders own 4.54% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Omega Healthcare Investors (OHI) Earns Coverage Optimism Score of 0.15” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/omega-healthcare-investors-ohi-earns-coverage-optimism-score-of-0-15/1476306.html.
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.
Receive News & Ratings for Omega Healthcare Investors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.