Brokerages Set Omega Healthcare Investors, Inc. (NYSE:OHI) PT at $49.21

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have received an average rating of “Hold” from the fifteen research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $49.2143.

Several equities analysts have commented on the stock. Cantor Fitzgerald increased their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Royal Bank Of Canada boosted their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. Scotiabank decreased their price target on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Citigroup increased their price objective on Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Wells Fargo & Company raised their price objective on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st.

Omega Healthcare Investors Stock Up 0.7%

OHI stock opened at $46.92 on Friday. The firm has a 50 day moving average of $48.24 and a two-hundred day moving average of $47.08. Omega Healthcare Investors has a 12 month low of $39.26 and a 12 month high of $52.39. The company has a market capitalization of $14.22 billion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 1.88 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. During the same quarter last year, the firm earned $0.77 EPS. Omega Healthcare Investors’s revenue for the quarter was up 16.2% on a year-over-year basis. 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 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 97.14%.

Hedge Funds Weigh In On Omega Healthcare Investors

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its stake in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after buying an additional 32,798 shares during the last quarter. Focus Partners Wealth lifted its position in Omega Healthcare Investors by 3.1% during the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after acquiring an additional 597 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Omega Healthcare Investors during the 2nd quarter worth $257,000. Guggenheim Capital LLC boosted its holdings in Omega Healthcare Investors by 1.0% during the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after acquiring an additional 280 shares during the period. Finally, First Trust Advisors LP boosted its holdings in Omega Healthcare Investors by 32.8% during the second quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock valued at $7,077,000 after acquiring an additional 47,649 shares during the period. Institutional investors own 65.25% of the company’s stock.

About Omega Healthcare Investors

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.