Omega Healthcare Investors, Inc. (NYSE:OHI) Receives $49.50 Average Target Price from Brokerages

Omega Healthcare Investors, Inc. (NYSE:OHI) has received a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $49.50.

A number of equities analysts have recently commented on the company. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Citigroup boosted their target price on Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. 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. Scotiabank reduced their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Finally, Raymond James Financial initiated coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price objective for the company.

Institutional Trading of Omega Healthcare Investors

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new position in Omega Healthcare Investors during the 1st quarter worth $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Omega Healthcare Investors during the fourth quarter worth about $37,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of Omega Healthcare Investors by 53.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 315 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in Omega Healthcare Investors by 645.2% in 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, Rothschild Investment LLC increased its holdings in Omega Healthcare Investors by 283.7% in the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 698 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $46.78 on Tuesday. The firm’s 50-day simple moving average is $47.92 and its 200-day simple moving average is $47.06. Omega Healthcare Investors has a 1-year low of $39.26 and a 1-year high of $52.39. The firm has a market cap of $14.17 billion, a P/E ratio of 16.71, a PEG ratio of 1.89 and a beta of 0.58.

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

Omega Healthcare Investors Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.8%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio is 97.14%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc (NYSE: OHI) is a real estate investment trust focused on the healthcare sector. The company owns and leases healthcare-related real estate, with an emphasis on facilities that provide long-term and post-acute care.

Omega’s portfolio is primarily made up of skilled nursing facilities and assisted living facilities. It generally leases these properties to healthcare operators under long-term, often triple-net lease arrangements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and taxes.