Omega Healthcare Investors (OHI) Projected to Post Earnings on Wednesday

Omega Healthcare Investors (NYSE:OHI - Get Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Omega Healthcare Investors to post earnings of $0.41 per share and revenue of $226.22 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Omega Healthcare Investors Stock Up 0.6 %

Omega Healthcare Investors stock traded up $0.21 during midday trading on Friday, reaching $37.05. The company's stock had a trading volume of 2,493,975 shares, compared to its average volume of 1,569,374. The company has a market cap of $10.00 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.06 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The business has a 50-day simple moving average of $38.26 and a 200-day simple moving average of $39.00. Omega Healthcare Investors has a fifty-two week low of $27.53 and a fifty-two week high of $44.42.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.23%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 197.06%.

Analysts Set New Price Targets

Several brokerages have commented on OHI. Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They issued a "buy" rating and a $45.00 price target on the stock. Mizuho lifted their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price objective for the company in a research note on Thursday, October 31st. BMO Capital Markets upgraded Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price on the stock in a research report on Monday, December 9th. Finally, Royal Bank of Canada upped their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a research report on Monday, November 11th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.67.

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.