Omega Healthcare Investors (NYSE:OHI) Hits New 12-Month High – What’s Next?

Omega Healthcare Investors, Inc. (NYSE:OHI) hit a new 52-week high on Friday . The company traded as high as $50.54 and last traded at $50.7150, with a volume of 70499 shares. The stock had previously closed at $49.87.

Analyst Upgrades and Downgrades

A number of analysts recently commented on OHI shares. Truist Financial decreased their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a report on Monday, May 4th. UBS Group set a $47.00 price objective on Omega Healthcare Investors in a research report on Thursday, June 18th. Weiss Ratings raised Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Finally, Barclays assumed coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They set an “underweight” rating and a $51.00 target price on the stock. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Hold” and an average price target of $48.50.

Omega Healthcare Investors Stock Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The company has a market cap of $14.94 billion, a PE ratio of 24.23, a price-to-earnings-growth ratio of 2.14 and a beta of 0.58. The company’s 50 day moving average price is $47.17 and its 200-day moving average price is $46.22.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm had revenue of $322.95 million for the quarter, compared to the consensus estimate of $264.07 million. During the same period last year, the company posted $0.75 earnings per share. Omega Healthcare Investors’s revenue for the quarter was up 16.7% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 3.09 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, May 4th. This represents a $2.68 annualized dividend and a dividend yield of 5.3%. Omega Healthcare Investors’s dividend payout ratio is presently 129.47%.

Hedge Funds Weigh In On Omega Healthcare Investors

Several large investors have recently modified their holdings of OHI. Resources Management Corp CT ADV lifted its stake in shares of Omega Healthcare Investors by 300.0% during the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 450 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings 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 worth $34,000 after buying an additional 268 shares during the period. Ascentis Independent Advisors purchased a new position in Omega Healthcare Investors in the 1st quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Omega Healthcare Investors in the 4th quarter valued at approximately $37,000. Finally, 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. Hedge funds and other institutional investors own 65.25% of the company’s stock.

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.