Omega Healthcare Investors (OHI) to Release Quarterly Earnings on Wednesday

Omega Healthcare Investors (NYSE:OHI) will likely be announcing its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $226.22 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Omega Healthcare Investors Trading Up 0.6 %

NYSE OHI opened at $37.05 on Monday. Omega Healthcare Investors has a 52-week low of $27.53 and a 52-week high of $44.42. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $10.00 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.06 and a beta of 0.99. The firm has a 50-day moving average price of $38.26 and a 200 day moving average price of $39.03.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.23%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 197.06%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. Mizuho lifted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Royal Bank of Canada lifted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Finally, BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and an average target price of $41.67.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.