Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Rated “Hold” by Sell-Side Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have been assigned an average rating of “Hold” from the fifteen brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $49.93.

A number of equities analysts have issued reports on the company. Cantor Fitzgerald upped their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Raymond James Financial reiterated an “outperform” rating and set a $53.00 target price on shares of Omega Healthcare Investors in a research note on Tuesday, October 6th. Barclays decreased their price target on shares of Omega Healthcare Investors from $50.00 to $48.00 and set an “underweight” rating for the company in a research report on Tuesday. Mizuho lifted their price target on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a “neutral” rating in a research note on Monday, August 31st. Finally, Wells Fargo & Company cut their price target on shares of Omega Healthcare Investors from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st.

Omega Healthcare Investors Trading Up 0.3%

NYSE:OHI traded up $0.15 on Friday, reaching $45.68. The stock had a trading volume of 1,233,151 shares, compared to its average volume of 2,011,789. The company has a 50-day moving average of $46.24 and a 200 day moving average of $46.91. The stock has a market cap of $13.84 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 1.84 and a beta of 0.53. Omega Healthcare Investors has a 12-month low of $39.26 and a 12-month high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, equities analysts predict that Omega Healthcare Investors will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s payout ratio is presently 97.14%.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Omega Healthcare Investors in the second quarter valued at about $1,838,155,000. Bank of New York Mellon Corp acquired a new stake in Omega Healthcare Investors during the second quarter valued at approximately $275,230,000. Dimensional Fund Advisors LP lifted its holdings in Omega Healthcare Investors by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,423,120 shares of the real estate investment trust’s stock worth $193,824,000 after buying an additional 108,736 shares during the last quarter. Bank of America Corp DE lifted its holdings in Omega Healthcare Investors by 3.6% during the 1st quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust’s stock worth $166,285,000 after buying an additional 131,000 shares during the last quarter. Finally, Centersquare Investment Management LLC lifted its holdings in Omega Healthcare Investors by 1.4% during the 4th quarter. Centersquare Investment Management LLC now owns 3,347,215 shares of the real estate investment trust’s stock worth $148,416,000 after buying an additional 47,020 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) focused on healthcare facilities, with an emphasis on skilled nursing and assisted living properties. The company owns or invests in healthcare real estate and leases its properties to operators that provide care and related services to residents.

Omega generally uses long-term, predominantly triple-net lease arrangements, under which tenants are responsible for many property-level expenses, including maintenance, insurance and taxes.