Omega Healthcare Investors Inc. [OHI] Revenue clocked in at $1.06 billion, down -6.73% YTD: What’s Next?

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Omega Healthcare Investors Inc. [NYSE: OHI] price surged by 2.72 percent to reach at $0.73. The company report on April 18, 2022 that Omega Announces First Quarter Earnings Release Date and Conference Call.

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Omega Healthcare Investors, Inc. (NYSE:OHI) announced today that it is scheduled to release its earnings results for the quarter ended March 31, 2022, on Monday, May 2, 2022, after market close. In conjunction with its release, Omega will be conducting a conference call on Tuesday, May 3, 2022, at 10 a.m. Eastern Time to review its 2022 first quarter results and current developments.

To listen to the conference call via webcast, log on to www.omegahealthcare.com and click the “1Q 2022 Earnings Call” hyperlink under the “Upcoming Events” section on Omega’s homepage. Webcast replays of the call will be available on Omega’s website for approximately two weeks following the call. Additionally, a copy of the earnings release will be available in the “Featured Documents” and “Press Releases” sections of Omega’s website.

A sum of 2900677 shares traded at recent session while its average daily volume was at 2.98M shares. Omega Healthcare Investors Inc. shares reached a high of $27.815 and dropped to a low of $26.94 until finishing in the latest session at $27.60.

The one-year OHI stock forecast points to a potential upside of 12.77. The average equity rating for OHI stock is currently 2.50, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Omega Healthcare Investors Inc. [OHI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OHI shares is $31.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OHI stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Omega Healthcare Investors Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 01, 2022. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $33 to $30. The new note on the price target was released on October 27, 2021, representing the official price target for Omega Healthcare Investors Inc. stock. Previously, the target price had yet another raise to $38, while Robert W. Baird analysts kept a Outperform rating on OHI stock.

The Average True Range (ATR) for Omega Healthcare Investors Inc. is set at 0.81, with the Price to Sales ratio for OHI stock in the period of the last 12 months amounting to 6.15. The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 0.09.

OHI Stock Performance Analysis:

Omega Healthcare Investors Inc. [OHI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.99. With this latest performance, OHI shares dropped by -5.09% in over the last four-week period, additionally sinking by -12.24% over the last 6 months – not to mention a drop of -27.52% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OHI stock in for the last two-week period is set at 41.65, with the RSI for the last a single of trading hit 40.91, and the three-weeks RSI is set at 43.13 for Omega Healthcare Investors Inc. [OHI]. The present Moving Average for the last 50 days of trading for this stock 28.76, while it was recorded at 27.13 for the last single week of trading, and 30.80 for the last 200 days.

Insight into Omega Healthcare Investors Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Omega Healthcare Investors Inc. [OHI] shares currently have an operating margin of +53.40 and a Gross Margin at +66.76. Omega Healthcare Investors Inc.’s Net Margin is presently recorded at +39.10.

Return on Equity for this stock inclined to 10.76, with Return on Assets sitting at 4.36.

OHI Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OHI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Omega Healthcare Investors Inc. go to -4.19%.

Omega Healthcare Investors Inc. [OHI] Insider Position Details

There are presently around $4,267 million, or 67.60% of OHI stock, in the hands of institutional investors. The top three institutional holders of OHI stocks are: VANGUARD GROUP INC with ownership of 34,818,500, which is approximately 0.122% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 28,244,262 shares of the stock with an approximate value of $758.92 million in OHI stocks shares; and STATE STREET CORP, currently with $311.3 million in OHI stock with ownership of nearly -5.124% of the company’s market capitalization.

Positions in Omega Healthcare Investors Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 257 institutional holders increased their position in Omega Healthcare Investors Inc. [NYSE:OHI] by around 17,822,024 shares. Additionally, 260 investors decreased positions by around 19,150,914 shares, while 68 investors held positions by with 121,817,589 shares. The mentioned changes placed institutional holdings at 158,790,527 shares, according to the latest SEC report filing. OHI stock had 88 new institutional investments in for a total of 4,025,132 shares, while 84 institutional investors sold positions of 3,269,636 shares during the same period.