NEW YORK, January 20, 2017 /PRNewswire/ --
Healthcare Facilities REITs hold interest in senior housing facilities, skilled nursing facilities, medical office buildings, and hospitals. Some companies in this sector may hold interest in only one or two of the mentioned building types, while others may be more diversified. Pre-market, Stock-Callers.com directs investors' attention to: Omega Healthcare Investors Inc. (NYSE: OHI), Senior Housing Properties Trust (NASDAQ: SNH), The GEO Group Inc. (NYSE: GEO), and CareTrust REIT Inc. (NASDAQ: CTRE). Download the free research reports on these stocks today:
Omega Healthcare Investors
At the close on Thursday, shares in Maryland, US-based Omega Healthcare Investors Inc. saw a decline of 2.25%, ending the day at $32.13. The stock recorded a trading volume of 2.34 million shares. The Company's shares have advanced 6.11% in the last one month and 2.78% since the start of this year. The stock is trading above its 50-day moving average by 5.86%. Moreover, shares of Omega Healthcare Investors, which invests in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio, have a Relative Strength Index (RSI) of 57.54.
On January 12th, 2017, the Company announced that its Board of Directors declared a common stock dividend of $0.62 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter. The common stock dividend is payable Wednesday, February 15th, 2017 to common stockholders of record as of the close of business on January 31st, 2017. See our free and comprehensive research report on OHI at:
Senior Housing Properties Trust
Shares in Newton, Massachusetts-based Senior Housing Properties Trust ended the day 3.35% lower at $18.78 with a total trading volume of 1.59 million shares. In the last month, the stock has gained 6.40%. The Company's shares are trading above their 50-day moving average by 2.24%. Furthermore, shares of Senior Housing Properties Trust, which primarily invests in senior housing properties in the US, have an RSI of 50.94.
On December 29th, 2016, research firm Cantor Fitzgerald initiated an 'Overweight' rating on the Company's stock, with a target price of $23 per share.
On January 13th, 2017, the Company announced a regular quarterly cash distribution on its common shares of $0.39 per common share. The Company stated that the quarterly dividend will be paid to common shareholders of record as of the close of business on January 23rd, 2017 and distributed on or about February 21st, 2017. SNH free research report PDF is just a click away at:
On Thursday, shares in Boca Raton, Florida headquartered The GEO Group Inc. finished 0.41% lower at $39.05 with a total trading volume of 348,106 shares. The stock has advanced 12.86% in the last one month, 66.44% over the previous three months, and 8.68% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 15.92% and 31.55%, respectively. Additionally, shares of GEO Group, which provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the US, Australia, South Africa, the UK, and Canada, have an RSI of 79.95.
On December 19th, 2016, GEO Group announced the signing of a contract for 780 beds at an existing company-owned facility in Folkston, Georgia, which will be named the Folkston ICE Processing Center. The Center will house immigration detainees under a five-year intergovernmental service agreement between Charlton County and US Immigration Customs and Enforcement (ICE). The Center is located adjacent to the company-owned D. Ray James Facility. The Company stated that the Center is expected to begin intake during Q1 2017. The new contract with ICE is expected to generate approximately $21 million in incremental annualized revenues for GEO Group. Sign up for your complimentary report on GEO at:
CareTrust REIT Inc.'s shares recorded a trading volume of 282,373 shares at the end of yesterday's session. The stock closed the day 0.32% lower at $15.43. The Company's shares have advanced 1.31% in the last one month, 7.75% in the previous three months, and 0.72% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.96% and 9.02%, respectively. Additionally, shares of CareTrust REIT, which operates independently of The Ensign Group, Inc. as of June 02, 2014, have an RSI of 58.55.
On December 01st, 2016, CareTrust announced that it has acquired three skilled nursing facilities and one skilled nursing campus in the greater Dallas-Fort Worth area. The purchase price was approximately $95.9 million, inclusive of transaction costs. In connection with the acquisition, CareTrust entered into a new tenant relationship with affiliates of Priority Management Group, LLC, which took over operations effective December 01st, 2016. Register for free on Stock-Callers.com and download the latest research report on CTRE at:
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