After finishing at $28.97 in the prior trading day, Omega Healthcare Investors Inc. (NYSE: OHI) closed at $28.48, down -1.69%. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 1430154 shares were traded. OHI stock price reached its highest trading level at $28.97 during the session, while it also had its lowest trading level at $28.43.
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Ratios:
Our goal is to gain a better understanding of OHI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.51.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OHI now has a Market Capitalization of 6.22B and an Enterprise Value of 11.21B. As of this moment, Omega’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.36, and their Forward P/E ratio for the next fiscal year is 21.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.90 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 13.23 whereas that against EBITDA is 13.33.
Stock Price History:
Over the past 52 weeks, OHI has reached a high of $33.34, while it has fallen to a 52-week low of $25.61. The 50-Day Moving Average of the stock is 27.69, while the 200-Day Moving Average is calculated to be 29.37.
Shares Statistics:
The stock has traded on average 2.00M shares per day over the past 3-months and 1.45M shares per day over the last 10 days, according to various share statistics. A total of 234.95M shares are outstanding, with a floating share count of 233.26M. Insiders hold about 0.30% of the company’s shares, while institutions hold 66.60% stake in the company. Shares short for OHI as of Apr 27, 2023 were 20.74M with a Short Ratio of 20.74M, compared to 21.77M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.85% and a Short% of Float of 12.16%.
Dividends & Splits
In the trailing 12 months, OHI’s forward annual dividend rate was 2.68, compared to 2.68 this year. Against a Trailing Annual Dividend Yield of 9.25%, it implies a Forward Annual Dividend Yield of 9.25%. The stock’s 5-year Average Dividend Yield is 8.15.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.31 and a low estimate of $0.29, while EPS last year was $0.38. The consensus estimate for the next quarter is $0.32, with high estimates of $0.34 and low estimates of $0.3.
Analysts are recommending an EPS of between $1.15 and $1.05 for the fiscal current year, implying an average EPS of $1.1. EPS for the following year is $1.35, with 6 analysts recommending between $1.4 and $1.27.
Revenue Estimates
4 analysts predict $236.39M in revenue for the current quarter. It ranges from a high estimate of $238.32M to a low estimate of $233.42M. As of the current estimate, Omega Healthcare Investors Inc.’s year-ago sales were $244.65M, an estimated decrease of -3.40% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $243.3M, a decrease of -1.60% over than the figure of -$3.40% in the same quarter last year. There is a high estimate of $246.66M for the next quarter, whereas the lowest estimate is $240.6M.
A total of 7 analysts have provided revenue estimates for OHI’s current fiscal year. The highest revenue estimate was $951.47M, while the lowest revenue estimate was $750.63M, resulting in an average revenue estimate of $888.28M. In the same quarter a year ago, actual revenue was $878.24M, up 1.10% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $945.01M in the next fiscal year. The high estimate is $1.03B and the low estimate is $764.86M. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.
