Omega Healthcare Investors (NYSE:OHI – Get Free Report) had its target price decreased by analysts at Scotiabank from $50.00 to $47.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price objective would indicate a potential upside of 5.65% from the company’s current price.
A number of other equities analysts have also recently weighed in on OHI. Royal Bank Of Canada upped their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Citigroup restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday. 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. UBS Group upped their price target on Omega Healthcare Investors from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Bank of America restated an “underperform” rating and issued a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.85.
Read Our Latest Stock Analysis on OHI
Omega Healthcare Investors Trading Down 0.3%
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The business 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 firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Equities analysts predict that Omega Healthcare Investors will post 3.1 earnings per share for the current year.
Institutional Trading of Omega Healthcare Investors
Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its position in shares of Omega Healthcare Investors by 91.9% during the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock worth $17,262,000 after buying an additional 186,399 shares in the last quarter. CPC Advisors LLC bought a new position in Omega Healthcare Investors during the fourth quarter worth $3,050,000. JPMorgan Chase & Co. boosted its holdings in Omega Healthcare Investors by 77.9% in the third quarter. JPMorgan Chase & Co. now owns 3,417,240 shares of the real estate investment trust’s stock worth $144,278,000 after purchasing an additional 1,496,059 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in Omega Healthcare Investors in the third quarter worth $458,000. Finally, Pensionfund PDN acquired a new position in Omega Healthcare Investors in the fourth quarter worth $2,053,000. Institutional investors and hedge funds own 65.25% of the company’s stock.
About Omega Healthcare Investors
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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