Truist Financial Has Lowered Expectations for Omega Healthcare Investors (NYSE:OHI) Stock Price

Omega Healthcare Investors (NYSE:OHI) had its target price cut by stock analysts at Truist Financial from $48.00 to $46.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price target points to a potential upside of 2.25% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Citigroup boosted their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Weiss Ratings downgraded Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada upped their price objective on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Wells Fargo & Company upped their price objective on shares of 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. Finally, Bank of America reaffirmed an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $49.00.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded up $1.19 during midday trading on Tuesday, reaching $44.99. The company had a trading volume of 466,055 shares, compared to its average volume of 2,127,491. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. The firm’s fifty day simple moving average is $46.26 and its 200-day simple moving average is $45.72. Omega Healthcare Investors has a 12-month low of $35.70 and a 12-month high of $49.33. The company has a market capitalization of $13.40 billion, a P/E ratio of 21.72, a P/E/G ratio of 1.91 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The company had revenue of $322.96 million for the quarter, compared to analysts’ expectations of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, equities analysts anticipate that Omega Healthcare Investors will post 3.07 EPS for the current year.

Institutional Trading of Omega Healthcare Investors

Several hedge funds and other institutional investors have recently bought and sold shares of OHI. Royal Bank of Canada grew its stake in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock worth $5,496,000 after acquiring an additional 32,798 shares during the period. Focus Partners Wealth grew its stake in Omega Healthcare Investors by 3.1% in the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after acquiring an additional 597 shares during the period. Sivia Capital Partners LLC purchased a new stake in Omega Healthcare Investors in the 2nd quarter worth approximately $257,000. Guggenheim Capital LLC grew its stake in Omega Healthcare Investors by 1.0% in the 2nd quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock worth $1,077,000 after acquiring an additional 280 shares during the period. Finally, First Trust Advisors LP grew its stake in Omega Healthcare Investors by 32.8% in the 2nd quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock worth $7,077,000 after acquiring an additional 47,649 shares during the period. 65.25% of the stock is owned by hedge funds and other institutional investors.

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.