Omega Healthcare Investors (NYSE:OHI) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Omega Healthcare Investors (NYSE:OHI) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.32, Zacks reports. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The company had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. During the same quarter in the prior year, the firm earned $0.77 earnings per share. The firm’s revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors updated its FY 2026 guidance to 3.220-3.260 EPS.

Omega Healthcare Investors Stock Down 0.6%

OHI stock traded down $0.32 during mid-day trading on Wednesday, reaching $51.32. The company had a trading volume of 2,450,546 shares, compared to its average volume of 1,690,623. The company has a market capitalization of $15.28 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 2.20 and a beta of 0.58. Omega Healthcare Investors has a 52 week low of $38.59 and a 52 week high of $52.07. The stock has a 50 day simple moving average of $47.65 and a two-hundred day simple moving average of $46.59. 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.3%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, August 3rd. Omega Healthcare Investors’s payout ratio is currently 129.47%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on OHI shares. Scotiabank reduced their target price on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Truist Financial dropped their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Wells Fargo & Company lifted their price target on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Royal Bank Of Canada boosted their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Finally, Bank of America reaffirmed an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $48.50.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of institutional investors and hedge funds have recently made changes to their positions in OHI. Resources Management Corp CT ADV grew its stake in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 450 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the last quarter. Jessup Wealth Management Inc bought a new position in Omega Healthcare Investors during the fourth quarter worth $44,000. Heritage Wealth Advisors boosted its position in Omega Healthcare Investors by 53.8% during the fourth quarter. Heritage Wealth Advisors now owns 1,000 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 350 shares during the period. Finally, Danske Bank A S acquired a new position in shares of Omega Healthcare Investors in the third quarter valued at $84,000. Institutional investors own 65.25% of the company’s stock.

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.