Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have earned an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $43.3750.

OHI has been the subject of a number of recent research reports. Wells Fargo & Company raised their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Truist Financial lifted their price objective on Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada raised their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Finally, Scotiabank raised their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th.

Omega Healthcare Investors Stock Down 1.2%

NYSE OHI opened at $42.81 on Friday. The business has a fifty day moving average price of $39.90 and a 200 day moving average price of $38.12. Omega Healthcare Investors has a one year low of $35.04 and a one year high of $44.42. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The company has a market cap of $12.63 billion, a P/E ratio of 26.43, a P/E/G ratio of 2.27 and a beta of 0.71.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate of $0.45 by $0.32. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. During the same period in the prior year, the company earned $0.71 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Research analysts anticipate that Omega Healthcare Investors will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.68 annualized dividend and a yield of 6.3%. Omega Healthcare Investors’s payout ratio is 165.43%.

Insider Buying and Selling

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director owned 18,654 shares of the company’s stock, valued at $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC increased its holdings in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Omega Healthcare Investors by 7.1% in the second quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 279 shares during the period. Guggenheim Capital LLC increased its holdings in shares of Omega Healthcare Investors by 1.0% in the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after purchasing an additional 280 shares during the period. United Services Automobile Association increased its holdings in shares of Omega Healthcare Investors by 1.8% in the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock valued at $632,000 after purchasing an additional 291 shares during the period. Finally, Optimum Investment Advisors increased its holdings in shares of Omega Healthcare Investors by 8.9% in the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust’s stock valued at $140,000 after purchasing an additional 300 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.