Omega Healthcare Investors (OHI) Scheduled to Post Earnings on Thursday

Omega Healthcare Investors (NYSE:OHI) will post its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect Omega Healthcare Investors to post earnings of $0.65 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Omega Healthcare Investors Stock Performance

Shares of OHI traded down $0.13 during mid-day trading on Tuesday, hitting $36.45. 249,494 shares of the company’s stock were exchanged, compared to its average volume of 1,663,570. The firm has a market capitalization of $9.01 billion, a P/E ratio of 32.96, a P/E/G ratio of 1.41 and a beta of 0.97. Omega Healthcare Investors has a fifty-two week low of $27.53 and a fifty-two week high of $37.13. The business’s 50 day moving average is $33.48 and its two-hundred day moving average is $31.61. The company has a current ratio of 6.68, a quick ratio of 6.68 and a debt-to-equity ratio of 1.36.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Monday, August 5th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, August 5th. This represents a $2.68 dividend on an annualized basis and a yield of 7.35%. Omega Healthcare Investors’s payout ratio is 241.44%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday, May 6th. Mizuho cut shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and raised their target price for the stock from $34.00 to $35.00 in a research note on Thursday, July 25th. Scotiabank boosted their price target on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 9th. Wells Fargo & Company upgraded shares of Omega Healthcare Investors to a “strong-buy” rating in a research report on Friday, June 14th. Finally, Truist Financial boosted their target price on Omega Healthcare Investors from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Wednesday, June 26th. Nine investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and a consensus target price of $33.67.

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.