In yesterday’s Wall Street session, Omega Healthcare Investors, Inc (NYSE:OHI) shares traded at $38.06, down -0.68% from the previous session.
OHI stock price is now -0.53% away from the 50-day moving average and 2.89% away from the 200-day moving average. The market capitalization of the company currently stands at $10.27B.
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With the price target maintained at $45, BMO Capital Markets recently Upgraded its rating from Market Perform to Outperform for Omega Healthcare Investors, Inc (NYSE: OHI). On October 31, 2024, Exane BNP Paribas Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $49, while ‘Berenberg’ rates the stock as ‘Buy’
In other news, BOOTH DANIEL J, CHIEF OPERATING OFFICER sold 56,725 shares of the company’s stock on Sep 27 ’24. The stock was sold for $2,283,181 at an average price of $40.25. Upon completion of the transaction, the CHIEF OPERATING OFFICER now directly owns 100,000 shares in the company, valued at $3.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 27 ’24, CHIEF FINANCIAL OFFICER STEPHENSON ROBERT O sold 22,542 shares of the business’s stock. A total of $905,963 was realized by selling the stock at an average price of $40.19. This leaves the insider owning 183,076 shares of the company worth $6.97 million. A total of 0.22% of the company’s stock is owned by insiders.
During the past 12 months, Omega Healthcare Investors, Inc has had a low of $27.74 and a high of $44.42. The fifty day moving average price for OHI is $38.3062 and a two-hundred day moving average price translates $36.9527 for the stock.
The latest earnings results from Omega Healthcare Investors, Inc (NYSE: OHI) was released for 2024-09-30. The net profit margin was 38.55% and return on equity was 10.02% for OHI. The company reported revenue of $276.03 million for the quarter, compared to $242.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.05 percent.
