Omega Healthcare Investors (NYSE:OHI) Stock Rating Upgraded by Raymond James Financial

Omega Healthcare Investors (NYSE:OHI) was upgraded by equities research analysts at Raymond James Financial to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Scotiabank increased their target price on Omega Healthcare Investors from $48.00 to $50.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. BMO Capital Markets reissued a “market perform” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Bank of America reissued an “underperform” rating and set a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Weiss Ratings cut Omega Healthcare Investors from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Royal Bank Of Canada increased their target price on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $49.08.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI opened at $44.70 on Tuesday. The company has a market capitalization of $13.31 billion, a price-to-earnings ratio of 21.59, a P/E/G ratio of 1.94 and a beta of 0.58. The firm’s 50 day simple moving average is $46.39 and its 200 day simple moving average is $45.73. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. Omega Healthcare Investors has a fifty-two week low of $35.70 and a fifty-two week high of $49.33.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. During the same quarter in the prior year, the business earned $0.75 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, sell-side analysts forecast that Omega Healthcare Investors will post 3.1 earnings per share for the current year.

Hedge Funds Weigh In On Omega Healthcare Investors

Several hedge funds have recently made changes to their positions in the business. Bogart Wealth LLC grew its stake in shares of Omega Healthcare Investors by 2.3% during the 4th quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock worth $464,000 after acquiring an additional 237 shares in the last quarter. GeoWealth Management LLC grew its stake in shares of Omega Healthcare Investors by 1.3% in the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after buying an additional 239 shares in the last quarter. Community Bank of Raymore grew its stake in shares of Omega Healthcare Investors by 1.0% in the first quarter. Community Bank of Raymore now owns 26,540 shares of the real estate investment trust’s stock valued at $1,163,000 after buying an additional 260 shares in the last quarter. EntryPoint Capital LLC grew its stake in shares of Omega Healthcare Investors by 2.7% in the fourth quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust’s stock valued at $439,000 after buying an additional 260 shares in the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in shares of Omega Healthcare Investors by 3.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock valued at $363,000 after buying an additional 262 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

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.