Omega Healthcare Investors (NYSE:OHI) Raised to Moderate Buy at Raymond James Financial

Omega Healthcare Investors (NYSE:OHIGet Free Report) was upgraded by Raymond James Financial to a “moderate buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also commented on OHI. Weiss Ratings lowered Omega Healthcare Investors from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a report on Monday, May 4th. Wells Fargo & Company upped their price target on Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Scotiabank upped their price target on Omega Healthcare Investors from $48.00 to $50.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Finally, Truist Financial dropped their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $49.08.

Get Our Latest Stock Analysis on Omega Healthcare Investors

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI opened at $44.70 on Tuesday. The business’s 50 day moving average price is $46.39 and its 200-day moving average price is $45.73. The firm has a market capitalization of $13.31 billion, a PE ratio of 21.59, a P/E/G ratio of 1.94 and a beta of 0.58. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. Omega Healthcare Investors has a 1 year low of $35.70 and a 1 year high of $49.33.

Omega Healthcare Investors (NYSE:OHIGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share 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 analyst estimates 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% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, equities research analysts expect that Omega Healthcare Investors will post 3.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Pine Valley Investments Ltd Liability Co purchased a new position in shares of Omega Healthcare Investors in the 1st quarter valued at approximately $252,000. Parallel Advisors LLC raised its holdings in Omega Healthcare Investors by 6.3% during the first quarter. Parallel Advisors LLC now owns 12,788 shares of the real estate investment trust’s stock worth $560,000 after purchasing an additional 754 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Omega Healthcare Investors by 81.0% during the first quarter. NewEdge Advisors LLC now owns 60,190 shares of the real estate investment trust’s stock worth $2,638,000 after purchasing an additional 26,945 shares during the last quarter. Axiom Investment Management LLC acquired a new position in Omega Healthcare Investors during the first quarter worth $70,000. Finally, Bank of America Corp DE raised its holdings in shares of Omega Healthcare Investors by 3.6% in the first quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust’s stock worth $166,285,000 after acquiring an additional 131,000 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

About Omega Healthcare Investors

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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.

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Analyst Recommendations for Omega Healthcare Investors (NYSE:OHI)

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