Omega Healthcare Investors, Inc. (NYSE:OHI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have earned a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $41.44.

Several equities analysts recently commented on the stock. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a research note on Monday, December 9th. Wells Fargo & Company dropped their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Mizuho increased their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Finally, Truist Financial increased their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of hedge funds have recently added to or reduced their stakes in OHI. Cohen & Steers Inc. grew its holdings in Omega Healthcare Investors by 50.8% during the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust’s stock worth $992,467,000 after acquiring an additional 8,837,218 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in Omega Healthcare Investors by 317.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after acquiring an additional 3,003,845 shares during the last quarter. Norges Bank bought a new stake in Omega Healthcare Investors during the 4th quarter worth about $110,160,000. Vanguard Group Inc. grew its holdings in Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock worth $1,440,646,000 after acquiring an additional 1,809,519 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Omega Healthcare Investors by 328.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after acquiring an additional 1,274,238 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $37.61 on Friday. The stock has a market cap of $10.60 billion, a P/E ratio of 24.27, a PEG ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors has a one year low of $29.66 and a one year high of $44.42. The company has a fifty day moving average price of $37.07 and a 200 day moving average price of $38.90. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Analysts anticipate that Omega Healthcare Investors will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.13%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

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.