Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) – Research analysts at Jefferies Financial Group reduced their Q2 2022 earnings per share (EPS) estimates for shares of Omega Healthcare Investors in a report released on Thursday, April 14th. Jefferies Financial Group analyst J. Petersen now forecasts that the real estate investment trust will post earnings per share of $0.70 for the quarter, down from their prior estimate of $0.72. Jefferies Financial Group also issued estimates for Omega Healthcare Investors’ Q4 2022 earnings at $0.78 EPS, FY2022 earnings at $2.90 EPS, Q2 2023 earnings at $0.78 EPS, Q4 2023 earnings at $0.80 EPS and FY2023 earnings at $3.16 EPS.
Omega Healthcare Investors (NYSE:OHI – Get Rating) last posted its quarterly earnings data on Wednesday, February 2nd. The real estate investment trust reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.79 by ($0.65). Omega Healthcare Investors had a net margin of 39.21% and a return on equity of 9.98%. The company had revenue of $214.31 million for the quarter, compared to analyst estimates of $235.47 million. During the same quarter in the prior year, the business earned $0.81 EPS. Omega Healthcare Investors’s revenue was down 4.4% compared to the same quarter last year.
Omega Healthcare Investors stock opened at $27.47 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 3.24 and a current ratio of 3.24. The firm has a market cap of $6.57 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 6.09 and a beta of 0.96. Omega Healthcare Investors has a 1 year low of $26.92 and a 1 year high of $39.31. The firm’s 50 day moving average price is $28.84 and its two-hundred day moving average price is $29.34.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 15th. Investors of record on Monday, February 7th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 9.76%. The ex-dividend date of this dividend was Friday, February 4th. Omega Healthcare Investors’s dividend payout ratio is 151.41%.
Several large investors have recently modified their holdings of OHI. Norges Bank acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at $69,919,000. Deutsche Bank AG boosted its stake in shares of Omega Healthcare Investors by 402.2% during the 4th quarter. Deutsche Bank AG now owns 1,940,636 shares of the real estate investment trust’s stock valued at $57,423,000 after buying an additional 1,554,181 shares during the period. Bank of America Corp DE boosted its stake in shares of Omega Healthcare Investors by 659.5% during the 2nd quarter. Bank of America Corp DE now owns 1,461,584 shares of the real estate investment trust’s stock valued at $53,041,000 after buying an additional 1,269,147 shares during the period. Lasalle Investment Management Securities LLC acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at $36,158,000. Finally, Millennium Management LLC acquired a new stake in shares of Omega Healthcare Investors during the 3rd quarter valued at $36,569,000. 64.93% of the stock is owned by institutional investors.
Omega Healthcare Investors Company Profile (Get Rating)
Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.
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