Omega Healthcare Investors, Inc (OHI) Shows Downtrend But Still 44.86% Up From Recent Low

Omega Healthcare Investors, Inc (OHI) saw downtrend of -0.67% in the recent trading with $39.88 being its most recent. The current price level -10.21% lower than the highest price of $44.42 marked by the stock while trading over the past 52-weeks, whereas it is 44.86% higher than the lowest price of $27.53 the company dropped to over past 52-weeks. The latest news story on OHI appeared in (Thomson Reuters StreetEvents) under the title “Q3 2024 Omega Healthcare Investors Inc Earnings Call”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -10.21% below one month high and is +3.02% above of the lowest during that time. Looking into the simple moving average, Omega Healthcare Investors, Inc (OHI)’s stock stands at a SMA-50 of $40.64 while that of 5-day is reading $39.86.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and OHI’s SMA-200 as of now is $35.11.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.27 for the stock.

Omega Healthcare Investors, Inc Earnings – What Happened With OHI

Coming around sales and income figures on OHI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Omega Healthcare Investors, Inc (OHI) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -22.86% for net revenue.

OHI – Omega Healthcare Investors, Inc Stock Earnings Estimates

The perspective of Omega Healthcare Investors, Inc (NYSE:OHI)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.32 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.25.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 269.95 million. OHI does have institutional investors; and they hold 73.23% of the stock.

Omega Healthcare Investors, Inc – Insider Activity and Holdings

As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Omega Healthcare Investors, Inc (NYSE:OHI) with an ownership of 35.4 million shares of the company or 14.3856 of the stake worth $1.21 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 12.2328 of the outstanding shares. Its stake is worth $1.03 billion for having 30.1 million shares in hand.

STATE STREET CORP also came holding a key position in the company during the recent quarter and it now holds 4.9683 of the outstanding shares. With this there are now 796.0 institutions which have possession in OHI’s shares.

Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.27 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Omega Healthcare Investors, Inc has a debt to equity ratio of 1.16.

Technical Analysis of Omega Healthcare Investors, Inc (NYSE:OHI) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Omega Healthcare Investors, Inc (OHI), we notice that the stock’s 20-day average volume is at 2,010,205 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 1,694,768 shares. And to end, OHI’s 100-day average volume is 1,647,513 shares with 100% of the long-term indicators pointing towards Buy for the stock.