Omega Healthcare Investors, Inc. (NYSE:OHI) Stock to Pay Quarterly Dividend of $0.68

Omega Healthcare Investors, Inc. (NYSE:OHI) announced a quarterly dividend on Monday, October 26th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.68 per share by the real estate investment trust on Monday, November 16th. This represents a $2.72 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Thursday, November 5th.

Omega Healthcare Investors has a payout ratio of 150.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Omega Healthcare Investors to earn $3.21 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 84.7%.

Omega Healthcare Investors Trading Up 1.6%

Shares of OHI opened at $46.98 on Tuesday. The firm has a market cap of $14.24 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 1.87 and a beta of 0.53. The company’s 50 day simple moving average is $46.17 and its 200-day simple moving average is $46.55. 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 released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The firm had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. During the same quarter in the prior year, the firm earned $0.77 EPS. Omega Healthcare Investors’s revenue for the quarter was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities research analysts forecast that Omega Healthcare Investors will post 3.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Omega Healthcare Investors

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fortitude Family Office LLC grew its position in Omega Healthcare Investors by 50.3% during the third quarter. Fortitude Family Office LLC now owns 699 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 234 shares during the period. Ascentis Independent Advisors acquired a new stake in shares of Omega Healthcare Investors during the 1st quarter valued at approximately $35,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Omega Healthcare Investors by 53.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 315 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in Omega Healthcare Investors by 645.2% during the second quarter. Elevation Wealth Partners LLC now owns 924 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 800 shares in the last quarter. Finally, Tompkins Financial Corp acquired a new position in shares of Omega Healthcare Investors during the 3rd quarter worth $46,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust focused on the healthcare sector. The company invests in and owns healthcare facilities, with a primary emphasis on skilled nursing and assisted living properties.

Omega generally leases its properties to healthcare operators under long-term agreements, supporting services for seniors and individuals who require post-acute, rehabilitative, or long-term care. Its portfolio has also included other healthcare-related properties, such as continuing care retirement communities and specialty facilities.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega serves healthcare operators across the United States and the United Kingdom.