For Omega Healthcare Investors Inc. [OHI], Analyst sees a drop to $28. What next?


Omega Healthcare Investors Inc. [NYSE: OHI] surged by $0.48 during the normal trading session on Wednesday and reaching a high of $32.75 during the day while it closed the day at $32.05. The company report on August 1, 2022 that Omega Reports Second Quarter 2022 Results and Recent Developments.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


Completed $73 Million in New Investments.

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2022.

Omega Healthcare Investors Inc. stock has also gained 2.72% of its value over the past 7 days. However, OHI stock has inclined by 11.21% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.42% and gained 8.31% year-on date.

The market cap for OHI stock reached $7.59 billion, with 239.53 million shares outstanding and 234.31 million shares in the current float. Compared to the average trading volume of 2.38M shares, OHI reached a trading volume of 3513524 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $30.20 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.

Jefferies have made an estimate for Omega Healthcare Investors Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 30, 2022. While these analysts kept the previous recommendation, CapitalOne raised their target price to Equal Weight. The new note on the price target was released on June 03, 2022, representing the official price target for Omega Healthcare Investors Inc. stock. Previously, the target price had yet another raise to $29, while Barclays analysts kept a Equal Weight rating on OHI stock.

The Average True Range (ATR) for Omega Healthcare Investors Inc. is set at 0.78, with the Price to Sales ratio for OHI stock in the period of the last 12 months amounting to 7.31. The Price to Book ratio for the last quarter was 1.96, with the Price to Cash per share for the same quarter was set at 2.07.

OHI stock trade performance evaluation

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 2.72. With this latest performance, OHI shares gained by 11.05% in over the last four-week period, additionally plugging by 3.42% over the last 6 months – not to mention a drop of -7.37% 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 68.91, with the RSI for the last a single of trading hit 74.45, and the three-weeks RSI is set at 64.42 for Omega Healthcare Investors Inc. [OHI]. The present Moving Average for the last 50 days of trading for this stock 29.53, while it was recorded at 31.50 for the last single week of trading, and 29.14 for the last 200 days.

Omega Healthcare Investors Inc. [OHI]: An insightful look at the core 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.

Earnings per share (EPS) analysis for Omega Healthcare Investors Inc. [OHI] stock

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 -2.75%.

Omega Healthcare Investors Inc. [OHI]: Insider Ownership positions

There are presently around $4,997 million, or 68.40% of OHI stock, in the hands of institutional investors. The top three institutional holders of OHI stocks are: VANGUARD GROUP INC with ownership of 34,894,357, which is approximately 0.218% of the company’s market cap and around 0.38% of the total institutional ownership; BLACKROCK INC., holding 27,089,597 shares of the stock with an approximate value of $868.22 million in OHI stocks shares; and STATE STREET CORP, currently with $426.28 million in OHI stock with ownership of nearly 14.803% of the company’s market capitalization.

Positions in Omega Healthcare Investors Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 230 institutional holders increased their position in Omega Healthcare Investors Inc. [NYSE:OHI] by around 13,368,263 shares. Additionally, 234 investors decreased positions by around 16,347,407 shares, while 89 investors held positions by with 126,185,829 shares. The mentioned changes placed institutional holdings at 155,901,499 shares, according to the latest SEC report filing. OHI stock had 50 new institutional investments in for a total of 1,222,167 shares, while 73 institutional investors sold positions of 4,543,286 shares during the same period.