Omega Healthcare Investors (NYSE:OHI) Upgraded at Citizens Jmp

Citizens Jmp upgraded shares of Omega Healthcare Investors (NYSE:OHI) from a market perform rating to a market outperform rating in a report published on Thursday, Marketbeat reports. They currently have $52.00 price target on the real estate investment trust’s stock.

Several other research analysts also recently issued reports on OHI. Citigroup raised shares of Omega Healthcare Investors from a “buy” rating to an “outperform” rating in a research report on Thursday. Cantor Fitzgerald upped their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Mizuho increased their target price on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a “neutral” rating in a research note on Monday, August 31st. Weiss Ratings reiterated a “buy (b+)” rating on shares of Omega Healthcare Investors in a research note on Friday, September 25th. Finally, UBS Group lowered their price target on Omega Healthcare Investors from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Tuesday, October 13th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $49.93.

Omega Healthcare Investors Trading Down 0.1%

Shares of NYSE OHI opened at $46.24 on Thursday. The stock has a market cap of $14.01 billion, a P/E ratio of 16.51, a P/E/G ratio of 1.87 and a beta of 0.53. Omega Healthcare Investors has a twelve month low of $39.26 and a twelve month high of $52.39. The stock has a 50 day moving average of $46.17 and a two-hundred day moving average of $46.94.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period last year, the firm posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, research analysts predict that Omega Healthcare Investors will post 3.12 earnings per share for the current year.

Hedge Funds Weigh In On Omega Healthcare Investors

A number of institutional investors and hedge funds have recently made changes to their positions in OHI. BlackRock Inc. acquired a new stake in shares of Omega Healthcare Investors in the second quarter valued at about $1,838,155,000. Bank of New York Mellon Corp acquired a new position in Omega Healthcare Investors during the second quarter worth about $275,230,000. Dimensional Fund Advisors LP grew its position in Omega Healthcare Investors by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 4,423,120 shares of the real estate investment trust’s stock worth $193,824,000 after buying an additional 108,736 shares during the period. Bank of America Corp DE grew its position in Omega Healthcare Investors by 3.6% during the first quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust’s stock worth $166,285,000 after buying an additional 131,000 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in Omega Healthcare Investors by 48.5% in the first quarter. Quantinno Capital Management LP now owns 2,125,931 shares of the real estate investment trust’s stock valued at $93,158,000 after buying an additional 694,426 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust focused on the healthcare sector. The company invests in and owns healthcare facilities, with a primary emphasis on skilled nursing and assisted living properties.

Omega generally leases its properties to healthcare operators under long-term agreements, supporting services for seniors and individuals who require post-acute, rehabilitative, or long-term care. Its portfolio has also included other healthcare-related properties, such as continuing care retirement communities and specialty facilities.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega serves healthcare operators across the United States and the United Kingdom.