Omega Healthcare Investors, Inc (NYSE: OHI) is -1.35% lower on its value in year-to-date trading and has touched a low of $29.66 and a high of $44.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OHI stock was last observed hovering at around $38.65 in the last trading session, with the day’s loss setting it -1.31%.
Currently trading at $37.34, the stock is -0.86% and 0.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.31 million and changing -3.39% at the moment leaves the stock -2.12% off its SMA200. OHI registered 19.53% gain for a year compared to 6-month loss of -6.77%. The firm has a 50-day simple moving average (SMA 50) of $37.2042 and a 200-day simple moving average (SMA200) of $38.1477.
The stock witnessed a 3.75% gain in the last 1 month and extending the period to 3 months gives it a -1.40%, and is -1.94% down 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 2.64% over the week and 2.39% over the month.
Omega Healthcare Investors, Inc (OHI) has around 60 employees, a market worth around $10.52B and $1.06B in sales. Current P/E ratio is 24.40 and Fwd P/E is 21.13. Profit margin for the company is 38.32%. Distance from 52-week low is 25.89% and -15.93% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
with sales reaching $235.8M over the same period.The EPS is expected to grow by 7.93% this year, but quarterly earnings will post 9.00% year-over-year. Quarterly sales are estimated to grow 16.04% in year-over-year returns.
Omega Healthcare Investors, Inc (OHI) Top Institutional Holders
830.0 institutions hold shares in Omega Healthcare Investors, Inc (OHI), with institutional investors hold 77.28% of the company’s shares. The shares outstanding are 281.84M, and float is at 281.25M with Short Float at 5.07%. Institutions hold 77.12% 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 12.0711 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.23 million shares representing 4.9027% and valued at over $418.73 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.4998 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 56,725 shares of the company’s common stock on Sep 27 ’24 at a price of $40.25 per share for a total of $2.28 million. Following the sale, the insider now owns 100000.0 shares.
Omega Healthcare Investors, Inc disclosed in a document filed with the SEC on Sep 27 ’24 that STEPHENSON ROBERT O (CHIEF FINANCIAL OFFICER) sold a total of 22,542 shares of the company’s common stock. The trade occurred on Sep 27 ’24 and was made at $40.19 per share for $0.91 million. Following the transaction, the insider now directly holds 0.18 million shares of the OHI stock.
Still, SEC filings show that on Sep 27 ’24, BOOTH DANIEL J (Officer) Proposed Sale 56,725 shares at an average price of $40.33 for $2.29 million. The insider now directly holds shares of Omega Healthcare Investors, Inc (OHI).
