Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have received an average rating of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $41.67.

Several analysts have recently weighed in on OHI shares. Royal Bank of Canada lifted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a research note on Thursday, October 31st. Mizuho lifted their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Finally, BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OHI. Vanguard Group Inc. increased its stake in shares of Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock worth $1,440,646,000 after purchasing an additional 1,809,519 shares in the last quarter. Cohen & Steers Inc. grew its holdings in Omega Healthcare Investors by 50.8% during the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust’s stock valued at $992,467,000 after buying an additional 8,837,218 shares during the last quarter. State Street Corp raised its stake in Omega Healthcare Investors by 0.9% in the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Omega Healthcare Investors by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust’s stock worth $262,329,000 after buying an additional 503,190 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Omega Healthcare Investors by 22.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after buying an additional 890,912 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.1 %

OHI opened at $36.40 on Monday. Omega Healthcare Investors has a 52 week low of $29.66 and a 52 week high of $44.42. The business has a 50 day moving average price of $37.68 and a two-hundred day moving average price of $39.11. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a market cap of $9.83 billion, a PE ratio of 23.48, a P/E/G ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. As a group, research analysts anticipate that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.36%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 172.90%.

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.