Omega Healthcare Investors (NYSE:OHI – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.700-2.800 for the period, compared to the consensus earnings per share estimate of 2.730. The company issued revenue guidance of -.
Omega Healthcare Investors Stock Down 0.7 %
OHI stock traded down $0.22 during midday trading on Monday, reaching $31.12. 803,785 shares of the company’s stock traded hands, compared to its average volume of 1,739,825. Omega Healthcare Investors has a 52 week low of $27.53 and a 52 week high of $34.77. The firm’s fifty day moving average price is $30.98 and its 200-day moving average price is $30.97. The company has a quick ratio of 6.76, a current ratio of 6.68 and a debt-to-equity ratio of 1.36. The company has a market cap of $7.68 billion, a price-to-earnings ratio of 28.07, a P/E/G ratio of 10.26 and a beta of 0.92.
Omega Healthcare Investors Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $2.68 dividend on an annualized basis and a yield of 8.61%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 241.44%.
Analyst Ratings Changes
Read Our Latest Research Report on Omega Healthcare Investors
About Omega Healthcare Investors
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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