Shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Get Free Report) have earned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $48.7857.
Several analysts have recently weighed in on the company. Raymond James Financial initiated coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target on the stock. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Bank of America reissued an “underperform” rating and set a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Cantor Fitzgerald upped their price target on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Scotiabank dropped their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th.
Check Out Our Latest Research Report on OHI
Omega Healthcare Investors Stock Performance
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities research analysts predict that Omega Healthcare Investors will post 3.09 EPS for the current year.
Omega Healthcare Investors Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be paid a dividend of $0.68 per share. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Monday, August 3rd. Omega Healthcare Investors’s payout ratio is 95.71%.
Hedge Funds Weigh In On Omega Healthcare Investors
A number of institutional investors have recently modified their holdings of the company. Redhawk Wealth Advisors Inc. raised its stake in shares of Omega Healthcare Investors by 108.5% in the second quarter. Redhawk Wealth Advisors Inc. now owns 11,406 shares of the real estate investment trust’s stock worth $544,000 after purchasing an additional 5,935 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of Omega Healthcare Investors during the second quarter valued at approximately $461,000. Focus Financial Network Inc. boosted its position in shares of Omega Healthcare Investors by 10.4% during the second quarter. Focus Financial Network Inc. now owns 36,775 shares of the real estate investment trust’s stock valued at $1,753,000 after buying an additional 3,459 shares during the last quarter. Alliance Wealth Advisors LLC bought a new stake in Omega Healthcare Investors during the second quarter worth $205,000. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in Omega Healthcare Investors by 37.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 30,768 shares of the real estate investment trust’s stock worth $1,467,000 after buying an additional 8,305 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
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.
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