The closing price of Omega Healthcare Investors, Inc. (NYSE: OHI) was $30.59 for the day, down -1.10% from the previous closing price of $30.93. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 1248739 shares were traded.
Ratios:
Our analysis of OHI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.75. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on February 26, 2024, Upgraded its rating to Overweight and sets its target price to $35 from $31 previously.
On February 08, 2024, Exane BNP Paribas Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $30.
On January 30, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $36.Deutsche Bank initiated its Buy rating on January 30, 2024, with a $36 target price.
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 7.50B and an Enterprise Value of 12.13B. As of this moment, Omega’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.08, and their Forward P/E ratio for the next fiscal year is 20.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.78 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 12.77 whereas that against EBITDA is 14.96.
Stock Price History:
Over the past 52 weeks, OHI has reached a high of $34.77, while it has fallen to a 52-week low of $25.61. The 50-Day Moving Average of the stock is 30.25, while the 200-Day Moving Average is calculated to be 31.32.
Shares Statistics:
OHI traded an average of 2.03M shares per day over the past three months and 1.65M shares per day over the past ten days. A total of 245.28M shares are outstanding, with a floating share count of 244.58M. Insiders hold about 0.29% of the company’s shares, while institutions hold 66.90% stake in the company. Shares short for OHI as of Feb 15, 2024 were 12.75M with a Short Ratio of 6.27, compared to 13.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.20% and a Short% of Float of 7.02%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.68, OHI has a forward annual dividend rate of 2.68. Against a Trailing Annual Dividend Yield of 8.66%, it implies a Forward Annual Dividend Yield of 8.76%. The stock’s 5-year Average Dividend Yield is 8.28.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.27, while EPS last year was $0.15. The consensus estimate for the next quarter is $0.34, with high estimates of $0.36 and low estimates of $0.29.
Analysts are recommending an EPS of between $1.52 and $1.21 for the fiscal current year, implying an average EPS of $1.37. EPS for the following year is $1.46, with 6 analysts recommending between $1.65 and $1.3.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $245.2M to a low estimate of $196.2M. As of the current estimate, Omega Healthcare Investors, Inc.’s year-ago sales were $215.72M, an estimated increase of 6.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $235.94M, an increase of 1.70% less than the figure of $6.90% in the same quarter last year. There is a high estimate of $251.67M for the next quarter, whereas the lowest estimate is $198.3M.
A total of 6 analysts have provided revenue estimates for OHI’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $813.6M, resulting in an average revenue estimate of $961.94M. In the same quarter a year ago, actual revenue was $949.74M, up 1.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.01B in the next fiscal year. The high estimate is $1.13B and the low estimate is $850.96M. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
