Omega Healthcare Investors (OHI) : 7 analysts are covering Omega Healthcare Investors (OHI) and their average rating on the stock is 1.71, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Omega Healthcare Investors (OHI) : Average target price received by Omega Healthcare Investors (OHI) is $36.33 with an expected standard deviation of $4.23. The most aggressive target on the stock is $40, whereas the most downbeat target is $31. 6 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
Omega Healthcare Investors (NYSE:OHI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.54 and $34.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.42, notching a gain of 3.03% for the day. The total traded volume was 3,455,238 . The stock had closed at $34.38 on the previous day.
Omega Healthcare Investors, Inc. (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States. The Company provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs) and assisted living facilities (ALFs), independent living facilities, rehabilitation and acute care facilities. It finances investments through borrowings under its revolving credit facilities, private placements or public offerings of its debt and equity securities, secured indebtedness, retention of cash flow or a combination of these methods. Its portfolio of real estate investments include over 900 properties located in 41 states and operated by 81 different operators. Its portfolio includes healthcare facilities and mortgages on healthcare facilities. It also offers fixed-rate mortgage loans.