Omega Healthcare Investors (NYSE:OHI) Reaches New 12-Month High – Here’s Why

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

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of research reports. UBS Group set a $47.00 target price on shares of Omega Healthcare Investors in a report on Thursday, June 18th. BMO Capital Markets restated a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a research report on Monday, May 4th. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Raymond James Financial initiated coverage on shares of Omega Healthcare Investors in a report on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price objective on the stock. Finally, Citigroup reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, June 15th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $48.50.

Omega Healthcare Investors Price Performance

The firm has a market capitalization of $15.03 billion, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 2.05 and a beta of 0.58. The business has a fifty day moving average of $47.11 and a 200-day moving average of $46.19. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.02). The business had revenue of $322.95 million during the quarter, compared to analyst estimates of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

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

Institutional Investors Weigh In On Omega Healthcare Investors

A number of hedge funds and other institutional investors have recently modified their holdings of OHI. Resources Management Corp CT ADV grew its position in Omega Healthcare Investors by 300.0% in 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. Ascentis Independent Advisors acquired a new position in Omega Healthcare Investors during the 1st quarter valued at about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Omega Healthcare Investors during the 4th quarter worth about $37,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Omega Healthcare Investors by 53.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 315 shares in the last quarter. Finally, Elevation Wealth Partners LLC raised its position in shares of Omega Healthcare Investors by 645.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 924 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 800 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

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.