Omega Healthcare Investors Inc. (OHI): Today's Featured Financial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Omega Healthcare Investors ( OHI) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Omega Healthcare Investors fell 30 cents (-1.1%) to $28.18 on average volume. Throughout the day, 1.1 million shares of Omega Healthcare Investors exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $28.14-$28.62 after having opened the day at $28.62 as compared to the previous trading day's close of $28.48. Other companies within the Financial sector that declined today were: Village Bank and Trust Financial Corporatio ( VBFC), down 8.9%, Alto Palermo ( APSA), down 8.5%, IFM Investments ( CTC), down 8%, and Institutional Financial Markets ( IFMI), down 7.3%.
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Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. Omega Healthcare Investors has a market cap of $3.2 billion and is part of the real estate industry. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Omega Healthcare Investors a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Omega Healthcare Investors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Altisource Residential Corporation ( RESI), up 33.7%, Vestin Realty Mortgage I ( VRTA), up 12.8%, Doral Financial ( DRL), up 11.7%, and National Bank of Greece ( NBG), up 10.5%, were all gainers within the financial sector with SunTrust Banks ( STI) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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