Omega Healthcare Investors (OHI) to Release Earnings on Thursday

Omega Healthcare Investors (NYSE:OHI) is scheduled to release its earnings data 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 Trading Down 0.4 %

OHI stock traded down $0.13 during mid-day trading on Tuesday, reaching $36.45. 249,494 shares of the stock traded hands, compared to its average volume of 1,663,570. Omega Healthcare Investors has a 52-week low of $27.53 and a 52-week high of $37.13. The stock’s fifty day moving average is $33.48 and its 200-day moving average is $31.61. The company has a market cap 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. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, August 5th will be given a $0.67 dividend. The ex-dividend date is Monday, August 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.35%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on OHI shares. Wells Fargo & Company upgraded Omega Healthcare Investors to a “strong-buy” rating in a report on Friday, June 14th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, May 6th. Scotiabank increased 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 report on Tuesday, July 9th. Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Wednesday, June 26th. Finally, Mizuho downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $34.00 to $35.00 in a research report on Thursday, July 25th. Nine analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $33.67.

About Omega Healthcare Investors

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.