Omega Healthcare Investors, Inc. (NYSE:OHI – Get Free Report) has earned a consensus rating of “Hold” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $32.25.
Several analysts have weighed in on the stock. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective on the stock in a research note on Thursday, February 8th. Truist Financial lowered their price target on shares of Omega Healthcare Investors from $34.00 to $31.00 and set a “hold” rating on the stock in a research note on Tuesday, December 26th. Wells Fargo & Company lowered their price target on shares of Omega Healthcare Investors from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Monday, November 27th. Mizuho lowered their price objective on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd. Finally, Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $33.00 to $31.00 in a research note on Tuesday, January 16th.
Institutional Trading of Omega Healthcare Investors
Omega Healthcare Investors Stock Performance
NYSE OHI opened at $30.84 on Thursday. The stock has a market cap of $7.55 billion, a P/E ratio of 31.15, a PEG ratio of 10.93 and a beta of 0.89. The company’s 50-day simple moving average is $30.15 and its 200 day simple moving average is $31.53. Omega Healthcare Investors has a twelve month low of $25.61 and a twelve month high of $34.77. The company has a quick ratio of 6.99, a current ratio of 6.76 and a debt-to-equity ratio of 1.35.
Omega Healthcare Investors Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, February 5th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date is Friday, February 2nd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.18. Omega Healthcare Investors’s dividend payout ratio is 270.71%.
Omega Healthcare Investors Company Profile
Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.
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