Media headlines about Omega Healthcare (NYSE:OHI) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Omega Healthcare earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.9721526094234 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
Shares of Omega Healthcare stock opened at $25.36 on Monday. Omega Healthcare has a 1 year low of $24.90 and a 1 year high of $35.14. The company has a market cap of $5,036.24, a price-to-earnings ratio of 7.68, a P/E/G ratio of 2.88 and a beta of 0.37. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.55 and a quick ratio of 3.55.
Omega Healthcare (NYSE:OHI) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.18). The business had revenue of $221.21 million during the quarter, compared to the consensus estimate of $219.07 million. Omega Healthcare had a return on equity of 2.48% and a net margin of 11.06%. equities research analysts predict that Omega Healthcare will post 2.93 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Monday, April 30th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Friday, April 27th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 10.41%. Omega Healthcare’s payout ratio is 80.00%.
OHI has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Omega Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. SunTrust Banks set a $28.00 target price on shares of Omega Healthcare and gave the company a “hold” rating in a research report on Monday, January 22nd. ValuEngine lowered shares of Omega Healthcare from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Cantor Fitzgerald reiterated a “buy” rating and set a $34.00 target price on shares of Omega Healthcare in a research report on Tuesday, February 13th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $27.00 target price (down from $29.00) on shares of Omega Healthcare in a research report on Wednesday, February 14th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $31.37.
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Omega Healthcare Company Profile
Omega is a real estate investment trust 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 US, as well as in the UK.
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