Omega Healthcare Investors, Inc. (NYSE: OHI) is 31.38% higher on its value in year-to-date trading and has touched a low of $27.53 and a high of $40.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OHI stock was last observed hovering at around $39.94 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $40.28, the stock is 3.99% and 9.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 0.85% at the moment leaves the stock 24.11% off its SMA200. OHI registered 25.44% gain for a year compared to 6-month gain of 30.27%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.86% loss in the last 1 month and extending the period to 3 months gives it a 26.47%, and is 2.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.55% over the week and 1.45% over the month.
Omega Healthcare Investors, Inc. (OHI) has around 57 employees, a market worth around $10.39B and $994.55M in sales. Current P/E ratio is 30.98 and Fwd P/E is 25.82. Profit margin for the company is 32.94%. Distance from 52-week low is 46.32% and -0.42% from its 52-week high. The company has generated returns on investments over the last 12 months (3.91%).
The EPS is expected to grow by 47.80% this year.
Omega Healthcare Investors, Inc. (OHI) Top Institutional Holders
744.0 institutions hold shares in Omega Healthcare Investors, Inc. (OHI), with institutional investors hold 68.46% of the company’s shares. The shares outstanding are 257.84M, and float is at 257.11M with Short Float at 4.11%. Institutions hold 68.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.4 million shares valued at $1.21 billion. The investor’s holdings represent 14.3856% of the OHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 30.1 million shares valued at $1.03 billion to account for 12.2328 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.23 million shares representing 4.9683% and valued at over $418.73 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.5333 of the shares totaling 6.23 million with a market value of $213.54 million.
Omega Healthcare Investors, Inc. (OHI) Insider Activity
The most recent transaction is an insider sale by BOOTH DANIEL J, the company’s CHIEF OPERATING OFFICER. SEC filings show that BOOTH DANIEL J sold 25,000 shares of the company’s common stock on Sep 05 ’24 at a price of $40.06 per share for a total of $1.0 million. Following the sale, the insider now owns 0.16 million shares.
Still, SEC filings show that on Aug 26 ’24, STEPHENSON ROBERT O (CHIEF FINANCIAL OFFICER) disposed off 30,000 shares at an average price of $38.78 for $1.16 million. The insider now directly holds 205,618 shares of Omega Healthcare Investors, Inc. (OHI).
