Omega Healthcare Investors (NYSE:OHI) : The consensus on Omega Healthcare Investors (NYSE:OHI) based on 7 analyst recommendation on the company stock is 1.71, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Omega Healthcare Investors (NYSE:OHI).
Omega Healthcare Investors (NYSE:OHI) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $40 and the lowest price target forecast is $31. The average forecast of all the analysts is $36 and the expected standard deviation is $3.95.
For the current week, the company shares have a recommendation consensus of Buy.
Omega Healthcare Investors (NYSE:OHI): stock turned positive on Tuesday. Though the stock opened at $33.1, the bulls momentum made the stock top out at $33.93 level for the day. The stock recorded a low of $32.9 and closed the trading day at $33.77, in the green by 2.68%. The total traded volume for the day was 2,029,219. The stock had closed at $32.89 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Omega Healthcare Investors Inc, Franke Thomas F had purchased shares worth of $186,060 in a transaction dated on May 23, 2016. A total of 6,000 shares were purchased at a price of $31.01 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.