Omega Healthcare Investors, Inc. (NYSE:OHI) – Research analysts at Jefferies Group lowered their Q3 2017 earnings per share estimates for Omega Healthcare Investors in a research note issued to investors on Thursday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will post earnings per share of $0.81 for the quarter, down from their previous estimate of $0.85. Jefferies Group has a “Hold” rating and a $33.00 price objective on the stock. Jefferies Group also issued estimates for Omega Healthcare Investors’ Q1 2018 earnings at $0.81 EPS, Q2 2018 earnings at $0.81 EPS, Q3 2018 earnings at $0.81 EPS and Q4 2018 earnings at $0.81 EPS.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. The business had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. Omega Healthcare Investors had a net margin of 40.20% and a return on equity of 8.88%. Omega Healthcare Investors’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 EPS. TRADEMARK VIOLATION NOTICE: “Omega Healthcare Investors, Inc. (NYSE:OHI) Expected to Post Q3 2017 Earnings of $0.81 Per Share” was posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/09/omega-healthcare-investors-inc-nyseohi-expected-to-post-q3-2017-earnings-of-0-81-per-share.html.

A number of other equities analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Vetr downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price target on the stock. in a research note on Monday, April 17th. Finally, BidaskClub raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of $34.38.

Shares of Omega Healthcare Investors (NYSE OHI) opened at 31.22 on Monday. The stock has a 50 day moving average price of $32.92 and a 200-day moving average price of $32.62. Omega Healthcare Investors has a 12 month low of $28.11 and a 12 month high of $38.09. The stock has a market cap of $6.16 billion, a P/E ratio of 16.47 and a beta of 0.50.

A number of large investors have recently added to or reduced their stakes in the stock. World Asset Management Inc boosted its stake in Omega Healthcare Investors by 0.8% in the second quarter. World Asset Management Inc now owns 15,257 shares of the real estate investment trust’s stock worth $504,000 after buying an additional 118 shares during the period. Atlantic Trust Group LLC boosted its stake in Omega Healthcare Investors by 0.6% in the first quarter. Atlantic Trust Group LLC now owns 21,847 shares of the real estate investment trust’s stock worth $720,000 after buying an additional 122 shares during the period. Private Trust Co. NA boosted its stake in Omega Healthcare Investors by 0.7% in the first quarter. Private Trust Co. NA now owns 19,251 shares of the real estate investment trust’s stock worth $635,000 after buying an additional 128 shares during the period. Wade G W & Inc. boosted its stake in Omega Healthcare Investors by 1.0% in the first quarter. Wade G W & Inc. now owns 13,347 shares of the real estate investment trust’s stock worth $440,000 after buying an additional 130 shares during the period. Finally, Anchor Capital Advisors LLC boosted its stake in Omega Healthcare Investors by 1.6% in the first quarter. Anchor Capital Advisors LLC now owns 9,380 shares of the real estate investment trust’s stock worth $309,000 after buying an additional 150 shares during the period. Institutional investors own 73.62% of the company’s stock.

In other Omega Healthcare Investors news, Director Craig R. Callen bought 15,000 shares of the stock in a transaction on Friday, June 2nd. The shares were purchased at an average cost of $31.40 per share, with a total value of $471,000.00. Following the completion of the transaction, the director now directly owns 18,000 shares of the company’s stock, valued at approximately $565,200. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Daniel J. Booth sold 20,000 shares of the stock in a transaction on Monday, June 26th. The stock was sold at an average price of $34.65, for a total transaction of $693,000.00. Following the transaction, the chief operating officer now directly owns 90,335 shares in the company, valued at $3,130,107.75. The disclosure for this sale can be found here. Corporate insiders own 4.54% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 8.20%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend is Friday, July 28th. Omega Healthcare Investors’s dividend payout ratio is presently 135.45%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Earnings History and Estimates for Omega Healthcare Investors (NYSE:OHI)

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