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

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) has been given a consensus rating of "Hold" by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $42.00.

A number of research analysts recently weighed in on the company. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $41.00 to $39.00 in a research note on Thursday, March 27th.

Hedge Funds Weigh In On Omega Healthcare Investors

Institutional investors have recently added to or reduced their stakes in the company. Johnson Investment Counsel Inc. increased its holdings in shares of Omega Healthcare Investors by 2.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock worth $498,000 after acquiring an additional 295 shares during the period. Bessemer Group Inc. grew its position in Omega Healthcare Investors by 5.9% in the 4th quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock worth $207,000 after purchasing an additional 303 shares during the last quarter. US Bancorp DE increased its stake in shares of Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock valued at $612,000 after purchasing an additional 309 shares during the period. Samalin Investment Counsel LLC raised its holdings in shares of Omega Healthcare Investors by 1.5% during the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust's stock valued at $817,000 after buying an additional 314 shares during the last quarter. Finally, Loomis Sayles & Co. L P boosted its position in shares of Omega Healthcare Investors by 27.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock worth $56,000 after buying an additional 319 shares during the period. Institutional investors and hedge funds own 65.25% of the company's stock.

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Omega Healthcare Investors Trading Up 0.5 %

Shares of NYSE:OHI traded up $0.17 during midday trading on Tuesday, reaching $37.84. The company's stock had a trading volume of 2,946,169 shares, compared to its average volume of 1,833,084. The business has a 50 day moving average price of $37.15 and a 200 day moving average price of $38.55. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors has a 1 year low of $29.66 and a 1 year high of $44.42. The firm has a market cap of $10.66 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping 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%. Research analysts forecast that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

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.