Omega Healthcare Investors, Inc (NYSE: OHI) is -4.70% lower on its value in year-to-date trading and has touched a low of $31.89 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 $37.02 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $36.07, the stock is -2.24% and -2.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.66 million and changing -2.57% at the moment leaves the stock -6.15% off its SMA200. OHI registered 13.46% gain for a year compared to 6-month loss of -7.16%.
The stock witnessed a -0.77% gain in the last 1 month and extending the period to 3 months gives it a -5.63%, and is -1.90% 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 1.49% over the week and 1.20% over the month.
Omega Healthcare Investors, Inc (OHI) has around 60 employees, a market worth around $10.44B and $1.09B in sales. Current P/E ratio is 22.62 and Fwd P/E is 20.00. Profit margin for the company is 39.80%. Distance from 52-week low is 13.11% and -18.79% from its 52-week high. The company has generated returns on investments over the last 12 months (4.73%).
with sales reaching $244.67M over the same period.The EPS is expected to grow by 9.36% this year, but quarterly earnings will post 11.23% year-over-year. Quarterly sales are estimated to grow 16.29% in year-over-year returns.
Omega Healthcare Investors, Inc (OHI) Top Institutional Holders
The shares outstanding are 289.39M, and float is at 288.78M with Short Float at 3.72%.
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).
