Omega Healthcare Investors (OHI) Scheduled to Post Earnings on Thursday

Omega Healthcare Investors (NYSE:OHI) will post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Omega Healthcare Investors to post earnings of $0.62 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Omega Healthcare Investors Stock Down 0.1 %

OHI stock opened at $30.67 on Thursday. The company has a debt-to-equity ratio of 1.35, a current ratio of 6.76 and a quick ratio of 6.76. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 30.98, a PEG ratio of 9.91 and a beta of 0.91. The business’s fifty day moving average price is $31.00 and its two-hundred day moving average price is $31.15. Omega Healthcare Investors has a fifty-two week low of $26.00 and a fifty-two week high of $34.77.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 8.74%. The ex-dividend date of this dividend is Monday, April 29th. Omega Healthcare Investors’s payout ratio is 270.71%.

Analyst Ratings Changes

OHI has been the topic of a number of recent analyst reports. Mizuho decreased their price target on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, January 3rd. Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price target for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Bank of America cut Omega Healthcare Investors from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $33.00 to $31.00 in a research report on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft initiated coverage on Omega Healthcare Investors in a research report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $31.00 to $35.00 in a research report on Monday, February 26th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $33.58.

Omega Healthcare Investors Company Profile

Omega is a REIT 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 U.S., as well as in the U.K.