Zacks Investment Research downgraded Omega Healthcare Investors Inc (NYSE:OHI) to Hold in a report released today.
- Updated: September 25, 2016
Zacks Investment Research has downgraded Omega Healthcare Investors Inc (NYSE:OHI) to Hold in a report released on Wednesday September 21, 2016.
Yesterday Omega Healthcare Investors Inc (NYSE:OHI) traded 0.28% higher at $34.84. The company’s 50-day moving average is $36.23 and its 200-day moving average is $34.35. The last closing price is up 5.17% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,940,657 shares of the stock traded hands, down from an average trading volume of 2,074,340
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Omega Healthcare Investors Inc has a 52 week low of $26.96 and a 52 week high of $38.09 with a P/E ratio of 22.68 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokers have issued a research note on OHI. The one year target is $35.50 with three equity analysts rating the company a strong buy, two equity analysts rating the company a buy, three brokerages rating the company a hold, two brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For Omega Healthcare Investors Inc (NYSE:OHI)
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 and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties. It 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. Its portfolio consists of long-term leases and mortgage agreements. Its portfolio of investments included approximately 950 healthcare facilities, located in over 40 states and the United Kingdom that are operated by over 80 third-party operators. The portfolio consists of approximately 780 SNFs, 85 ALFs, 15 specialty facilities, one medical office building, and fixed rate mortgages on 55 SNFs and two ALFs.
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