Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Recommendation of "Moderate Buy" from Brokerages

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) has received an average recommendation of "Moderate Buy" from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $41.67.

OHI has been the topic of a number of research analyst reports. Royal Bank of Canada boosted their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a report on Monday, November 11th. BMO Capital Markets upgraded Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price for the company in a report on Monday, December 9th. BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price target on the stock in a report on Thursday, October 31st. Mizuho upped their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th.

Omega Healthcare Investors Trading Up 0.6 %

Shares of NYSE:OHI traded up $0.22 during trading on Monday, reaching $36.15. 2,152,952 shares of the company traded hands, compared to its average volume of 1,976,197. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors has a 52-week low of $29.66 and a 52-week high of $44.42. The firm has a market capitalization of $10.19 billion, a price-to-earnings ratio of 23.32, a P/E/G ratio of 1.09 and a beta of 0.99. The business's fifty day moving average is $37.50 and its 200-day moving average is $39.07.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. As a group, analysts forecast that Omega Healthcare Investors will post 2.86 EPS 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 paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's payout ratio is presently 172.90%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors during the 4th quarter valued at approximately $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the 4th quarter valued at approximately $30,000. True Wealth Design LLC bought a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $31,000. Dunhill Financial LLC bought a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $31,000. Finally, Kentucky Trust Co bought a new position in Omega Healthcare Investors during the 4th quarter valued at approximately $38,000. Institutional investors own 65.25% of the company's stock.

About Omega Healthcare Investors

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.