Omega Healthcare Investors (NYSE:OHI) Releases Quarterly Earnings Results, Beats Expectations By $0.68 EPS

Omega Healthcare Investors (NYSE:OHI) released its quarterly earnings data on Wednesday. The real estate investment trust reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.68, FiscalAI reports. Omega Healthcare Investors had a return on equity of 15.96% and a net margin of 66.96%.The company had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. During the same period in the prior year, the company posted $0.77 EPS. The company’s revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors updated its FY 2026 guidance to 3.220-3.260 EPS.

Omega Healthcare Investors Price Performance

NYSE OHI traded up $0.17 on Friday, hitting $50.57. 949,808 shares of the company were exchanged, compared to its average volume of 2,127,799. Omega Healthcare Investors has a 1-year low of $38.71 and a 1-year high of $52.39. The firm has a 50 day moving average of $47.69 and a two-hundred day moving average of $46.64. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81. The company has a market cap of $15.06 billion, a P/E ratio of 18.08, a P/E/G ratio of 2.19 and a beta of 0.58.

Omega Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a dividend of $0.68 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date is Monday, August 3rd. This represents a $2.72 annualized dividend and a yield of 5.4%. Omega Healthcare Investors’s dividend payout ratio is currently 129.47%.

Hedge Funds Weigh In On Omega Healthcare Investors

A number of large investors have recently modified their holdings of OHI. Sivia Capital Partners LLC bought a new position in Omega Healthcare Investors in the second quarter valued at about $257,000. Laird Norton Wetherby Wealth Management LLC raised its holdings in Omega Healthcare Investors by 77.5% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 9,969 shares of the real estate investment trust’s stock worth $421,000 after purchasing an additional 4,353 shares during the last quarter. Mackenzie Financial Corp bought a new stake in Omega Healthcare Investors during the 3rd quarter worth about $415,000. Boothbay Fund Management LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter valued at about $341,000. Finally, Steward Partners Investment Advisory LLC lifted its position in Omega Healthcare Investors by 20.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,557 shares of the real estate investment trust’s stock valued at $291,000 after purchasing an additional 1,109 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on OHI shares. Barclays assumed coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price objective for the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a report on Monday, May 4th. Wells Fargo & Company increased their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Citigroup restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, June 15th. Finally, UBS Group set a $47.00 price objective on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $48.79.

About Omega Healthcare Investors

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.