Omega Healthcare Investors (OHI) Stock Price, News & Analysis

Company Overview

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.

Key Stats

• Today's Range: $37.71 to $38.21
• 50-Day Range: $37.81 to $42.56
• 52-Week Range: $27.53 to $44.42
• Volume: 339,310 shs
• Average Volume: 1.71 million shs
• Market Capitalization: $10.31 billion
• P/E Ratio: 28.10
• Dividend Yield: 7.01%
• Price Target: $40.18
• Consensus Rating: Moderate Buy

Omega Healthcare Investors Stock Analysis - MarketRank™

Omega Healthcare Investors scored higher than 84% of companies evaluated by MarketBeat, and ranked 232nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Omega Healthcare Investors has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Omega Healthcare Investors has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 5.56%

Earnings Growth

Earnings for Omega Healthcare Investors are expected to grow by 5.56% in the coming year, from $2.70 to $2.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Omega Healthcare Investors is 27.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Omega Healthcare Investors is 27.99, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.05.

Price to Earnings Growth Ratio

Omega Healthcare Investors has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Omega Healthcare Investors has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.90% of the outstanding shares of Omega Healthcare Investors have been sold short.

Short Interest Ratio / Days to Cover

Omega Healthcare Investors has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Omega Healthcare Investors has recently decreased by 4.53%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Omega Healthcare Investors is a leading dividend payer. It pays a dividend yield of 7.09%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Omega Healthcare Investors does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Omega Healthcare Investors is 197.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Omega Healthcare Investors will have a dividend payout ratio of 94.04% in the coming year. This indicates that Omega Healthcare Investors may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -1.52

Percentage of Shares Shorted

3.90% of the outstanding shares of Omega Healthcare Investors have been sold short.

Short Interest Ratio / Days to Cover

Omega Healthcare Investors has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Omega Healthcare Investors has recently decreased by 4.53%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Omega Healthcare Investors has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Omega Healthcare Investors this week, compared to 6 articles on an average week.

Search Interest

Only 10 people have searched for OHI on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

MarketBeat Follows

5 people have added Omega Healthcare Investors to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Omega Healthcare Investors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,189,144.00 in company stock.

Percentage Held by Insiders

Only 1.37% of the stock of Omega Healthcare Investors is held by insiders.

Percentage Held by Institutions

65.25% of the stock of Omega Healthcare Investors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OHI Stock Analysis - Frequently Asked Questions

How have OHI shares performed this year?

Omega Healthcare Investors' stock was trading at $30.66 on January 1st, 2024. Since then, OHI stock has increased by 24.1% and is now trading at $38.06.
View the best growth stocks for 2024 here.

How were Omega Healthcare Investors' earnings last quarter?

Omega Healthcare Investors, Inc. (NYSE:OHI) released its earnings results on Thursday, August, 1st. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.20. The company's revenue was up 17.5% compared to the same quarter last year.

Who are Omega Healthcare Investors' major shareholders?

Top institutional shareholders of Omega Healthcare Investors include State Street Corp (4.57%), Geode Capital Management LLC (2.38%), FMR LLC (1.56%) and Daiwa Securities Group Inc. (1.46%). Insiders that own company stock include Robert O Stephenson and Daniel J Booth.
View institutional ownership trends.

How do I buy shares of Omega Healthcare Investors?

Shares of OHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Omega Healthcare Investors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Omega Healthcare Investors investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), AbbVie (ABBV), AT&T (T), Enterprise Products Partners (EPD), Comcast (CMCSA) and Charles Schwab (SCHW).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 11/15 Dividend: 11/04/2024
• Dividend Payable: 11/15/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:OHI
• CUSIP: 68193610
• CIK: 888491
• Web: www.omegahealthcare.com
• Phone: (410) 427-1700
• Fax: 410-427-8800
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.18
• High Stock Price Target: $49.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +5.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.36
• Trailing P/E Ratio: 27.89
• Forward P/E Ratio: 14.05
• P/E Growth: 1.22
• Net Income: $242.18 million
• Net Margins: 34.41%
• Pretax Margin: 35.98%
• Return on Equity: 8.83%
• Return on Assets: 3.81%

Debt

• Debt-to-Equity Ratio: 1.10
• Current Ratio: 6.48
• Quick Ratio: 6.48

Sales & Book Value

• Annual Sales: $1.01 billion
• Price / Sales: 10.12
• Cash Flow: $2.24 per share
• Price / Cash Flow: 16.95
• Book Value: $15.36 per share
• Price / Book: 2.47

Miscellaneous

• Outstanding Shares: 269,948,000
• Free Float: 266,250,000
• Market Cap: $10.24 billion
• Optionable: Optionable
• Beta: 0.98