Shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Get Free Report) have been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $32.25.
OHI has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their target price on Omega Healthcare Investors from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, November 27th. Deutsche Bank Aktiengesellschaft began coverage on Omega Healthcare Investors in a report on Tuesday, January 30th. They set a “buy” rating and a $36.00 target price for the company. Mizuho reduced their price target on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, January 3rd. Truist Financial reduced their price target on Omega Healthcare Investors from $34.00 to $31.00 and set a “hold” rating on the stock in a research report on Tuesday, December 26th. Finally, Bank of America lowered Omega Healthcare Investors from a “buy” rating to a “neutral” rating and reduced their price target for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th.
Institutional Inflows and Outflows
Omega Healthcare Investors Stock Down 0.3 %
Shares of NYSE:OHI opened at $30.84 on Thursday. The business has a fifty day moving average of $30.15 and a two-hundred day moving average of $31.53. Omega Healthcare Investors has a 52-week low of $25.61 and a 52-week high of $34.77. 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 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, February 5th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 8.69%. The ex-dividend date of this dividend is Friday, February 2nd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.18. Omega Healthcare Investors’s dividend payout ratio (DPR) 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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