Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Hold rating on Omega Healthcare (NYSE:OHI) on Wednesday, setting a price target of $31, which is approximately 6.77% below the present share price of $33.25.
Petersen expects Omega Healthcare to post earnings per share (EPS) of $0.40 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Omega Healthcare, with an average price target of $31.67.
The analysts price targets range from a high of $34 to a low of $30.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $253.02 million and a net profit of $149.31 million. The company's market cap is $7.55 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.7% and a 72.00% success rate.
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.