Omega Healthcare Investors, Inc. (NYSE: OHI) has a price-to-earnings ratio that is above its average at 30.39x. The stock has a 36-month beta value of 0.99. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for OHI is 257.24M, and at present, short sellers hold a 4.15% of that float. On October 09, 2024, the average trading volume of OHI was 1.67M shares.
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OHI) stock’s latest price update
Omega Healthcare Investors, Inc. (NYSE: OHI) has experienced a rise in its stock price by 0.03 compared to its previous closing price of 39.50. However, the company has seen a fall of -2.18% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-07 that REITs are surging in value right now. But not all REITs are good investment opportunities. We highlight two REITs that we sold recently.
OHI’s Market Performance
OHI’s stock has fallen by -2.18% in the past week, with a monthly drop of -1.08% and a quarterly rise of 16.07%. The volatility ratio for the week is 1.30% while the volatility levels for the last 30 days are 1.43% for Omega Healthcare Investors, Inc. The simple moving average for the past 20 days is -2.24% for OHI’s stock, with a 18.23% simple moving average for the past 200 days.
Analysts’ Opinion of OHI
Many brokerage firms have already submitted their reports for OHI stocks, with Mizuho repeating the rating for OHI by listing it as a “Neutral.” The predicted price for OHI in the upcoming period, according to Mizuho is $35 based on the research report published on July 25, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see OHI reach a price target of $35, previously predicting the price at $32. The rating they have provided for OHI stocks is “Buy” according to the report published on March 22nd, 2024.
Wells Fargo gave a rating of “Overweight” to OHI, setting the target price at $35 in the report published on February 26th of the current year.
OHI Trading at 0.91% from the 50-Day Moving Average
After a stumble in the market that brought OHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.86% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares sank -1.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.01% upper at present.
During the last 5 trading sessions, OHI fell by -2.18%, which changed the moving average for the period of 200-days by +28.45% in comparison to the 20-day moving average, which settled at $40.42. In addition, Omega Healthcare Investors, Inc. saw 28.86% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OHI starting from BOOTH DANIEL J, who sale 56,725 shares at the price of $40.25 back on Sep 27 ’24. After this action, BOOTH DANIEL J now owns 100,000 shares of Omega Healthcare Investors, Inc., valued at $2,283,181 using the latest closing price.
STEPHENSON ROBERT O, the CHIEF FINANCIAL OFFICER of Omega Healthcare Investors, Inc., sale 22,542 shares at $40.19 during a trade that took place back on Sep 27 ’24, which means that STEPHENSON ROBERT O is holding 183,076 shares at $905,963 based on the most recent closing price.
Stock Fundamentals for OHI
Current profitability levels for the company are sitting at:
- 0.74 for the present operating margin
- 0.8 for the gross margin
The net margin for Omega Healthcare Investors, Inc. stands at 0.33. The total capital return value is set at 0.09. Equity return is now at value 8.93, with 3.59 for asset returns.
Based on Omega Healthcare Investors, Inc. (OHI), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is 3.21.
Currently, EBITDA for the company is 828.95 million with net debt to EBITDA at 5.24. When we switch over and look at the enterprise to sales, we see a ratio of 15.08. The receivables turnover for the company is 4.08for trailing twelve months and the total asset turnover is 0.11.
Conclusion
To sum up, Omega Healthcare Investors, Inc. (OHI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
