The Omega Healthcare Investors Inc. (NYSE:OHI) is going down by -0.21% in today’s trading session, a fall equivalent to -0.09% of the stock’s price from yesterday’s market close. A news came out on 10/14/19 stating that Omega Announces Increase in Quarterly Common Stock Dividend and Schedules Third Quarter Earnings Release Date and Conference Call by WSJ. The lowest point that the shares touched during the trading session was $43.78, while the peak of the day was recorded at a share price of $44.42. OHI finished the previous session at $43.92 according to the data provided by Barchart, while the trading volume was observed to be $740948.
In the 100 days of trading, OHI managed to top a 39.46% Moving average. Additionally, Omega Healthcare Investors Inc. shares have achieved a 52-week range between 32.38 and 45.01 alongside 100 days raw stochastic set at 87.33%.
The number of shares outstanding, according to the fundamentals of the company, is set at 218.29M, equal to the value of $9.59B in market capitalization. In the last 30 days, Omega Healthcare Investors Inc. shares went down by -2.71%, adding 45.01 to growth in value, on top of a +6.73% boost since 09/27/19.
Omega Healthcare Investors Inc. (NYSE:OHI) Analyst’s Estimates
Omega Healthcare Investors Inc. (OHI) could record at least $0.40 per share in quarterly earnings in the upcoming report on 11/05/2019, a number that would actually represent an increase of 1.68 YOY.
According to the average analyst rating, Omega Healthcare Investors Inc. would be rated as Hold. Out of 10 different analysts monitoring OHI stock, 2 analysts rate the stock as a BUY, 8 suggest to give the rating of HOLD, 0 indicate that OHI is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 21, 2019, the stock earned a Downgrade rating due to a new analyst call from Raymond James, while analysts from BofA/Merrill believe that the stock is set at Buy, as concluded on October 14, 2019. Raymond James, is still rather wary about the stock, deciding to keep the rating at Strong Buy as confirmed through a call on August 08, 2019.
Stifel, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on November 29, 2018, giving the stock a Buy from the Hold rating.
OHI Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +37.75. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 3.24%. Beta value of the stock is recorded at 0.28. Additionally, Omega Healthcare Investors Inc. is recording price volatility of 1.40% for the period of the last seven days and 1.54% in the last 30 days.
Omega Healthcare Investors Inc. (NYSE:OHI) Technical Outlook
For the period of the last 50 days, Omega Healthcare Investors Inc. had its Raw Stochastic average set at 80.03% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 69.35%. Stochastic %K for Omega Healthcare Investors Inc., with the last 20 days included, was set at 75.46%, having Stochastic %D topping 80.23%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Omega Healthcare Investors Inc. stocks with recording 24.95% in metrics.
Omega Healthcare Investors Inc. Insider Watch:
Similarly, 69.01% of the company’s float is held by institutions – and there are 596 institutions in total holding shares of this company. The top three institutional holders of OHI stocks are: Vanguard Group, Inc. (The) with ownership of $1.0 billion, which is approximately 31995715 of the company’s shares; Blackrock Inc., holding 24907576 shares of the stock with an approximate value of $915.0 million; and State Street Corporation, currently with more than 9072062 shares of the company valued at $333.0 million. Positions in Omega Healthcare Investors Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 15 insider purchases amounting to 143799 shares. Similarly, there were 12 sale transactions amounting to 187776 shares, with the net shares purchased during the last six months reaching -43,977.