Omega Healthcare Investors (NYSE:OHI – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 2.780-2.840 for the period, compared to the consensus EPS estimate of 2.760. The company issued revenue guidance of -. Omega Healthcare Investors also updated its FY24 guidance to $2.78-$2.84 EPS.
Analyst Ratings Changes
Several research firms have commented on OHI. Scotiabank lifted their target price 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. Mizuho cut shares of Omega Healthcare Investors from an outperform rating to a neutral rating and lifted their target price for the stock from $34.00 to $35.00 in a research report on Thursday, July 25th. Wells Fargo & Company raised shares of Omega Healthcare Investors to a strong-buy rating in a research report on Friday, June 14th. JMP Securities reaffirmed a market perform rating on shares of Omega Healthcare Investors in a report on Monday, May 6th. Finally, Truist Financial lifted their price target on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the stock a hold rating in a report on Wednesday, June 26th. Nine equities research 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. According to MarketBeat, the company presently has an average rating of Hold and a consensus target price of $33.67.
View Our Latest Research Report on Omega Healthcare Investors
Omega Healthcare Investors Stock Performance
Omega Healthcare Investors Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Monday, August 5th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, August 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.30%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 241.44%.
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.
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