Omega Healthcare Investors (NYSE:OHI) Announces Earnings Results

Omega Healthcare Investors (NYSE:OHIGet Free Report) released its earnings results on Wednesday. The real estate investment trust reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01, Briefing.com reports. The company had revenue of $319.22 million during the quarter, compared to analysts’ expectations of $287.18 million. Omega Healthcare Investors had a net margin of 46.83% and a return on equity of 10.72%. The business’s revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business earned $0.74 EPS. Omega Healthcare Investors updated its FY 2026 guidance to 3.150-3.250 EPS.

Omega Healthcare Investors Trading Up 5.7%

Omega Healthcare Investors stock traded up $2.46 during midday trading on Thursday, reaching $45.42. The stock had a trading volume of 1,055,251 shares, compared to its average volume of 1,963,606. The stock has a market capitalization of $13.42 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.38 and a beta of 0.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 7.11 and a current ratio of 7.11. The stock’s 50-day simple moving average is $44.43 and its 200 day simple moving average is $42.58. Omega Healthcare Investors has a twelve month low of $35.04 and a twelve month high of $46.36.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 9th will be issued a $0.67 dividend. The ex-dividend date is Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a yield of 5.9%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 149.72%.

Institutional Trading of Omega Healthcare Investors

Institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its position in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares in the last quarter. Danske Bank A S purchased a new stake in Omega Healthcare Investors during the 3rd quarter worth $84,000. Virtus Advisers LLC acquired a new stake in Omega Healthcare Investors in the 3rd quarter valued at $125,000. Harvest Fund Management Co. Ltd raised its position in Omega Healthcare Investors by 286.7% in the third quarter. Harvest Fund Management Co. Ltd now owns 3,364 shares of the real estate investment trust’s stock valued at $142,000 after purchasing an additional 2,494 shares during the period. Finally, United Capital Financial Advisors LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter worth about $204,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $45.00 price objective on shares of Omega Healthcare Investors in a report on Monday, December 15th. UBS Group increased their price target on shares of Omega Healthcare Investors from $50.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, January 8th. BMO Capital Markets downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price objective on the stock. in a report on Friday, January 9th. Truist Financial increased their target price on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a report on Monday, December 1st. Finally, Scotiabank boosted their price target on Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.82.

Read Our Latest Research Report on Omega Healthcare Investors

Omega Healthcare Investors Company Profile

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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.

See Also

Earnings History for Omega Healthcare Investors (NYSE:OHI)

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