Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Has Consensus Target Price of $49.71

Omega Healthcare Investors, Inc. (NYSE:OHI) has earned a consensus recommendation of “Hold” from the fifteen brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $49.71.

A number of brokerages have weighed in on OHI. Mizuho lifted their price target on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the company a “neutral” rating in a research note on Monday, August 31st. Cantor Fitzgerald upped their price target on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Scotiabank lowered their price objective on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Weiss Ratings restated a “buy (b+)” rating on shares of Omega Healthcare Investors in a report on Friday, September 25th. Finally, Raymond James Financial restated an “outperform” rating and set a $53.00 price objective on shares of Omega Healthcare Investors in a report on Tuesday, October 6th.

Hedge Funds Weigh In On Omega Healthcare Investors

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Omega Healthcare Investors in the second quarter valued at about $1,838,155,000. Bank of New York Mellon Corp bought a new position in shares of Omega Healthcare Investors during the second quarter worth about $275,230,000. Dimensional Fund Advisors LP grew its holdings in shares of Omega Healthcare Investors by 2.5% during the first 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 in the last quarter. Bank of America Corp DE grew its holdings in shares of Omega Healthcare Investors by 3.6% during the first 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 in the last quarter. Finally, Centersquare Investment Management LLC grew its holdings in shares of Omega Healthcare Investors by 1.4% during the fourth 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 in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $45.18 on Friday. The business’s 50-day simple moving average is $46.51 and its 200-day simple moving average is $46.90. Omega Healthcare Investors has a fifty-two week low of $39.26 and a fifty-two week high of $52.39. The stock has a market capitalization of $13.69 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.79 and a beta of 0.53.

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

Omega Healthcare Investors Increases Dividend

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

Omega Healthcare Investors Company Profile

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.