Omega Healthcare Investors, Inc (OHI) average volume reaches $1.82M: Is Wall Street expecting a rally?

On Tuesday, Omega Healthcare Investors, Inc (NYSE: OHI) opened higher 0.51% from the last session, before settling in for the closing price of $37.17. Price fluctuations for OHI have ranged from $27.53 to $44.42 over the past 52 weeks.

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During the last 5-year period, the sales growth of Real Estate Sector giant was 1.99%. Company’s average yearly earnings per share was noted 49.83% at the time writing. With a float of $269.36 million, this company’s outstanding shares have now reached $269.95 million.

Let’s determine the extent of company efficiency that accounts for 57 employees. In terms of profitability, gross margin is 83.11%, operating margin of 75.88%, and the pretax margin is 35.8%.

Omega Healthcare Investors, Inc (OHI) Insider Activity

A key investor’s attitude towards the stock of the REIT – Healthcare Facilities industry is another important factor to consider. The insider ownership of Omega Healthcare Investors, Inc is 0.22%, while institutional ownership is 73.36%. The most recent insider transaction that took place on Sep 27 ’24, was worth 2,283,181. In this transaction CHIEF OPERATING OFFICER of this company sold 56,725 shares at a rate of $40.25, taking the stock ownership to the 100,000 shares. Before that another transaction happened on Sep 27 ’24, when Company’s CHIEF FINANCIAL OFFICER sold 22,542 for $40.19, making the entire transaction worth $905,963. This insider now owns 183,076 shares in total.

Omega Healthcare Investors, Inc (OHI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 49.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -6.35% drop over the previous five years of trading.

Omega Healthcare Investors, Inc (NYSE: OHI) Trading Performance Indicators

Check out the current performance indicators for Omega Healthcare Investors, Inc (OHI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.88. Likewise, its price to free cash flow for the trailing twelve months is 15.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.35, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.62 in one year’s time.

Technical Analysis of Omega Healthcare Investors, Inc (OHI)

Looking closely at Omega Healthcare Investors, Inc (NYSE: OHI), its last 5-days average volume was 1.61 million, which is a jump from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 47.39%. Additionally, its Average True Range was 0.83.

During the past 100 days, Omega Healthcare Investors, Inc’s (OHI) raw stochastic average was set at 16.76%, which indicates a significant decrease from 57.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.23% in the past 14 days, which was higher than the 18.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $39.24, while its 200-day Moving Average is $36.47. However, in the short run, Omega Healthcare Investors, Inc’s stock first resistance to watch stands at $37.51. Second resistance stands at $37.65. The third major resistance level sits at $37.83. If the price goes on to break the first support level at $37.19, it is likely to go to the next support level at $37.01. Should the price break the second support level, the third support level stands at $36.87.

Omega Healthcare Investors, Inc (NYSE: OHI) Key Stats

There are currently 269,948K shares outstanding in the company with a market cap of 10.09 billion. Presently, the company’s annual sales total 949,740 K according to its annual income of 242,180 K. Last quarter, the company’s sales amounted to 276,030 K and its income totaled 111,760 K.