Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $47.3636.

A number of brokerages recently weighed in on OHI. Jefferies Financial Group reissued a “hold” rating and issued a $45.00 price target on shares of Omega Healthcare Investors in a report on Monday, December 15th. Royal Bank Of Canada lifted their price objective on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 10th. Cantor Fitzgerald boosted their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. UBS Group reissued a “buy” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a research report on Friday, February 6th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $48.00 to $45.00 in a report on Thursday, January 29th.

Hedge Funds Weigh In On Omega Healthcare Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Resources Management Corp CT ADV raised its position in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 450 shares during the period. Salem Investment Counselors Inc. purchased a new position in Omega Healthcare Investors in the 3rd quarter valued at approximately $39,000. Smartleaf Asset Management LLC grew its stake in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 268 shares in the last quarter. Rothschild Investment LLC raised its holdings in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 698 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Omega Healthcare Investors by 345.2% during the fourth quarter. Larson Financial Group LLC now owns 984 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 763 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $48.10 on Friday. The business’s fifty day simple moving average is $44.94 and its 200 day simple moving average is $43.38. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors has a 12 month low of $35.04 and a 12 month high of $48.11. The firm has a market capitalization of $14.22 billion, a P/E ratio of 24.92, a price-to-earnings-growth ratio of 1.53 and a beta of 0.57.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s payout ratio is currently 138.86%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.