Omega Healthcare Investors (NYSE:OHI) Posts Earnings Results, Beats Expectations By $0.33 EPS

Omega Healthcare Investors (NYSE:OHI - Get Free Report) announced its quarterly earnings results on Wednesday. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.33, Zacks reports. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Omega Healthcare Investors updated its FY 2025 guidance to 2.900-2.980 EPS.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded down $0.12 during midday trading on Friday, reaching $37.94. The company had a trading volume of 2,468,451 shares, compared to its average volume of 1,912,040. Omega Healthcare Investors has a 12-month low of $29.17 and a 12-month high of $44.42. The firm's fifty day simple moving average is $38.00 and its 200-day simple moving average is $39.09. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48. The company has a market capitalization of $10.24 billion, a P/E ratio of 24.48, a P/E/G ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.06%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on OHI shares. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday. Royal Bank of Canada raised their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. 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. Mizuho raised their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Thursday, December 5th. Finally, Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They issued a "buy" rating and a $45.00 price objective for the company. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.67.

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.