Truist Financial Keeps Their Hold Rating on Omega Healthcare (OHI)

Truist Financial analyst Michael Lewis maintained a Hold rating on Omega Healthcare (OHI – Research Report) today. The company’s shares closed yesterday at $31.27.

According to TipRanks, Lewis is a 5-star analyst with an average return of 7.0% and a 60.82% success rate. Lewis covers the Real Estate sector, focusing on stocks such as Highwoods Properties, AvalonBay, and Mid-America Apartment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Omega Healthcare with a $33.13 average price target, a 5.95% upside from current levels. In a report released today, BMO Capital also maintained a Hold rating on the stock with a $37.00 price target.

Based on Omega Healthcare’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $239.32 million and a net profit of $55 million. In comparison, last year the company earned a revenue of $144.85 million and had a net profit of $45.58 million

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Omega Healthcare (OHI) Company Description:

Omega Healthcare Investors, Inc. engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities. Its portfolio consists of long-term leases and mortgage agreements. The company was founded on March 31, 1992 and is headquartered in Hunt Valley, MD.