Omega Healthcare Investors Inc (NYSE:OHI) will be posting its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Omega Healthcare Investors to post earnings of $0.50 per share for the quarter.
Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.16). The company had revenue of $194.00 million for the quarter, compared to analyst estimates of $194.59 million. Omega Healthcare Investors had a return on equity of 6.81% and a net margin of 28.67%. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. On average, analysts expect Omega Healthcare Investors to post $1.77 EPS for the current fiscal year and $1.97 EPS for the next fiscal year.
Omega Healthcare Investors Inc (OHI) opened at 32.20 on Monday. Omega Healthcare Investors Inc has a one year low of $28.11 and a one year high of $35.14. The stock’s 50 day moving average price is $32.02 and its 200 day moving average price is $32.46. The firm has a market capitalization of $6.35 billion, a PE ratio of 16.99 and a beta of 0.53.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Monday, October 30th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. This represents a $2.60 annualized dividend and a dividend yield of 8.07%. Omega Healthcare Investors’s dividend payout ratio is currently 135.45%.
Several analysts have recently commented on the stock. ValuEngine lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. Vetr lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price target on the stock. in a research report on Thursday. BidaskClub lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Finally, Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $32.83.
Omega Healthcare Investors Company Profile
Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
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