Omega Healthcare Investors (NYSE:OHI) Hits New 52-Week High – Should You Buy?

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) reached a new 52-week high during trading on Wednesday . The company traded as high as $49.33 and last traded at $48.8650, with a volume of 130873 shares traded. The stock had previously closed at $48.74.

Analysts Set New Price Targets

A number of research firms have recently commented on OHI. Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday, April 21st. UBS Group boosted their price target on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Citigroup boosted their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Cantor Fitzgerald boosted their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company boosted their price target on shares of Omega Healthcare Investors from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $48.83.

Omega Healthcare Investors Stock Up 0.2%

The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $14.55 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 2.16 and a beta of 0.59. The business’s 50-day moving average is $46.34 and its two-hundred day moving average is $45.40.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.02). The firm had revenue of $322.96 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 business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post 3.06 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 5.5%. The ex-dividend date was Monday, May 4th. Omega Healthcare Investors’s payout ratio is presently 129.47%.

Hedge Funds Weigh In On Omega Healthcare Investors

Several institutional investors and hedge funds have recently bought and sold shares of OHI. Norges Bank acquired a new position in Omega Healthcare Investors in the 4th quarter valued at about $156,166,000. Invesco Ltd. lifted its holdings in shares of Omega Healthcare Investors by 101.7% in the 3rd quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock worth $208,775,000 after acquiring an additional 2,493,877 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Omega Healthcare Investors in the 4th quarter worth approximately $93,476,000. Cbre Investment Management Listed Real Assets LLC lifted its holdings in shares of Omega Healthcare Investors by 327.5% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,222,799 shares of the real estate investment trust’s stock worth $98,559,000 after acquiring an additional 1,702,846 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Omega Healthcare Investors by 77.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,417,240 shares of the real estate investment trust’s stock worth $144,278,000 after acquiring an additional 1,496,059 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

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.