Omega Healthcare Investors, Inc (NYSE: OHI) is -5.15% lower on its value in year-to-date trading and has touched a low of $30.48 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 $36.18 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $35.90, the stock is -4.94% and -4.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.16 million and changing -0.77% at the moment leaves the stock -6.83% off its SMA200. OHI registered 14.81% gain for a year compared to 6-month loss of -15.47%.
The stock witnessed a -3.86% gain in the last 1 month and extending the period to 3 months gives it a -4.52%, and is -6.09% 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 2.38% over the week and 2.60% over the month.
Omega Healthcare Investors, Inc (OHI) has around 60 employees, a market worth around $10.39B and $1.09B in sales. Current P/E ratio is 22.51 and Fwd P/E is 19.86. Profit margin for the company is 39.80%. Distance from 52-week low is 17.78% and -19.17% from its 52-week high. The company has generated returns on investments over the last 12 months (4.73%).
The EPS is expected to grow by 10.79% this year.
Omega Healthcare Investors, Inc (OHI) Top Institutional Holders
The shares outstanding are 289.39M, and float is at 288.79M with Short Float at 4.55%.
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).
