Omega Healthcare Investors’ (OHI) Market Perform Rating Reiterated at JMP Securities

JMP Securities restated their market perform rating on shares of Omega Healthcare Investors (NYSE:OHI) in a research note issued to investors on Friday morning,Benzinga reports.

OHI has been the topic of several other reports. 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 report on Monday, December 9th. Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 price objective on the stock. Mizuho upped their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. BNP Paribas raised 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 research note on Thursday, October 31st. Finally, Royal Bank of Canada boosted 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 report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Trading Down 0.3 %

Shares of OHI stock opened at $37.94 on Friday. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors has a fifty-two week low of $29.17 and a fifty-two week high of $44.42. The firm’s 50 day moving average price is $38.00 and its two-hundred day moving average price is $39.09. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 24.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating 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%. On average, analysts anticipate 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 will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a $0.67 dividend. The ex-dividend date is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.06%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 172.90%.

Institutional Trading of Omega Healthcare Investors

Several institutional investors and hedge funds have recently bought and sold shares of the company. UMB Bank n.a. increased its holdings in shares of Omega Healthcare Investors by 353.4% in the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 516 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors during the fourth quarter valued at $26,000. Dunhill Financial LLC acquired a new stake in shares of Omega Healthcare Investors during the third quarter worth $31,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors in the 3rd quarter worth about $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new position in shares of Omega Healthcare Investors in the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

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.