Raymond James analyst Jonathan Hughes maintained a Buy rating on Omega Healthcare (NYSE:OHI) on Thursday, setting a price target of $38, which is approximately 21.48% above the present share price of $31.28.
Hughes expects Omega Healthcare to post earnings per share (EPS) of $0.36 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Omega Healthcare, with an average price target of $38.13.
The analysts price targets range from a high of $43 to a low of $33.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $257.42 million and a net profit of $149.88 million. The company's market cap is $7.47 billion.
According to TipRanks.com, Raymond James analyst Jonathan Hughes is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 63.10% 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.