Omega Healthcare Investors, Inc (NYSE: OHI) is 1.00% higher on its value in year-to-date trading and has touched a low of $30.26 and a high of $44.42 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 $38.01 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $38.23, the stock is 1.03% and 2.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 0.58% at the moment leaves the stock -0.65% off its SMA200. OHI registered 23.72% gain for a year compared to 6-month loss of -8.37%. The firm has a 50-day simple moving average (SMA 50) of $37.4164 and a 200-day simple moving average (SMA200) of $38.48205.
The stock witnessed a 0.39% gain in the last 1 month and extending the period to 3 months gives it a 1.59%, and is -0.42% 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 1.65% over the week and 2.66% over the month.
Omega Healthcare Investors, Inc (OHI) has around 60 employees, a market worth around $10.98B and $1.06B in sales. Current P/E ratio is 24.98 and Fwd P/E is 21.63. Profit margin for the company is 38.32%. Distance from 52-week low is 26.34% and -13.93% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
with sales reaching $236.72M over the same period.The EPS is expected to grow by 7.93% this year, but quarterly earnings will post 10.25% year-over-year. Quarterly sales are estimated to grow 16.50% in year-over-year returns.
Omega Healthcare Investors, Inc (OHI) Top Institutional Holders
831.0 institutions hold shares in Omega Healthcare Investors, Inc (OHI), with institutional investors hold 76.36% of the company’s shares. The shares outstanding are 287.15M, and float is at 286.55M with Short Float at 4.58%. Institutions hold 76.20% 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 14.1955% 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).
