Stock on the Run: Omega Healthcare Investors (NYSE: OHI)

On Friday, Shares of Omega Healthcare Investors (NYSE: OHI) rose 0.76% to $35.73. The stock traded total volume of 1,305,303 shares lower than the average volume of 1.76M shares.

Omega Healthcare Investors Inc. (OHI) stated it had funds from operations of $155.0M, or 73 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 76 cents per share. Funds from operations are a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $62.20M, or 31 cents per share.

The health care real estate investment trust posted revenue of $219.80M in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $223.30M.

For the year, the company stated funds from operations of $638.30M, or $3.04 per share. Revenue was stated as $881.70M. It anticipates full-year funds from operations in the range of $3 to $3.12 per share.

OHI has the market capitalization of $7.34B and its EPS growth ratio for the past five years was -1.70%. The return on assets ratio of the Company was 3.30% while its return on investment ratio stands at 5.90%. Price to sales ratio was 8.32 while 68.00% of the stock was owned by institutional investors.


      

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