OHI stock: buy or sell?
October 18th, 2019
Omega is a real estate investment trust investing in and providing financing to the long-term care industry. As of September 30, 2017, Omega has a portfolio of investments that includes approximately 1,000 properties located in 42 states and the United Kingdom and operated by 77 different operators.
Should I buy OHI stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups match with Omega Healthcare Investors stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Omega Healthcare Investors stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 7 ratings published for OHI stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-23||Wells Fargo & Co||n/a||Market Perform|
|2019-1-4||Mitsubishi UFJ Financial Group||Neutral||Overweight|
OHI stock analysis
Omega Healthcare Investors escalated 1.72% to $44.96 after topping to all time highs on October/18.
Omega Healthcare Investors closed on Oct 18th at $44.96 after reaching a new all time high ($45.01) and escalated a decent 1.72%. OHI shows a sign of strength in the short-term after finally breaking out above $42.94 on October 9th and marking a new rising bottom. On June, SMA50d and SMA100d crossed up triggering a rise of 25.87%. Since price and SMA100d lines crossed up on June, OHI climbed $9.48 (26.72%).
Shares of Omega Healthcare Investors ended this week at $44.96 after topping to a new all time high ($45.01) and skyrocketed a dazzling 5.99%. Counting this, it's been 5 green weeks in a row, gaining $4.44 or 10.70%.
Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $41.67 resistance. Late July OHI price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
OHI stock price history
OHI IPO was on August 7th, 1992 at $2.88 per share1. Since then, OHI stock grew a 1,461.10%, with a yearly average of 54.10%. If you had invested right after OHI's IPO a $1,000 in OHI stock in 1992, it would worth $14,611.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OHI stock historical price chart
OHI stock reached all-time highs on Oct/18 with a price of $45.01.
OHI stock price target is $40.30How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' OHI stock price predictions in the hope that they will be met as they may be wrong and not met. We have 4 price targets for OHI stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-23||Wells Fargo & Co||Raises Target||$36.00||$40.00||11.1%|
|2019-1-4||Mitsubishi UFJ Financial Group||Upgrades||$34.00||$40.00||17.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Omega Healthcare Investors presented its financial report, aligned with analysts' consensus and posted a $0.73 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a disappointing decrease of -2.94% to $881.68 M dollars. However, its profit margin (compared to revenues) climbed to 31.94%, that is $281.58 million.
|2013||$424 M||-||$173 M40.7%||-|
|2014||$505 M||19.14%||$221 M43.8%||28.30%|
|2015||$744 M||47.31%||$225 M30.2%||1.43%|
|2016||$901 M||21.14%||$366 M40.7%||63.20%|
|2017||$908 M||0.84%||$100 M11.1%||-72.59%|
|2018||$882 M||-2.94%||$282 M31.9%||180.40%|
Quarterly financial resultsOmega Healthcare Investors posted $219.75 M in revenues for 2018-Q4, a -0.95% decline compared to previous quarter. Reported quarter income marked $62.22 M with a profit margin of 28.31%. Profit margin appreciated a 2.80% compared to previous quarter when profit margin was 25.52%. When comparing sales to same quarter last year, Omega Healthcare Investors sales marked a lame movement and remained stable a -0.66%.
|2017-Q1||$229 M||-||$104 M45.7%||-|
|2017-Q2||$233 M||1.77%||$65 M28.0%||-37.51%|
|2017-Q3||$220 M||-5.61%||$-132 M-60.0%||-301.77%|
|2017-Q4||$221 M||0.71%||$62 M28.2%||-147.39%|
|2018-Q1||$220 M||-0.46%||$84 M38.2%||34.97%|
|2018-Q2||$220 M||-0.14%||$79 M35.7%||-6.75%|
|2018-Q3||$222 M||0.90%||$57 M25.5%||-27.92%|
|2018-Q4||$220 M||-0.95%||$62 M28.3%||9.91%|
Omega Healthcare Investors ownershipWhen you are planning to buy shares of a company, it's always worth to review its ownership structure.
Omega Healthcare Investors shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.55% of all shares.
In case of Omega Healthcare Investors stock, 67.94% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OHI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$9.7 B||$17.7 B||$2.2 B||$2.1 B||$3.7 B|
|Total shares||216.6 M||113.4 M||53.4 M||39.8 M||43.4 M|
|Float shares||215.2 M||111.9 M||50.3 M||39.1 M||41.9 M|
|- Institutional holdings (%)||67.9%||101.6%||84.0%||79.2%||73.4%|
|- Insider holdings (%)||1.6%||1.3%||6.1%||1.7%||3.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$44.22 - $45.01|
|Average true range||$0.69|
|50d mov avg||$41.10|
|100d mov avg||$38.68|
|200d mov avg||$37.13|
Omega Healthcare Investors performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose Alexandria Real Estate Equities, The Ensign, LTC Properties, National Health Investors, Sabra Health Care and Tiptree as the bechmarking frame for Omega Healthcare Investors stock.
|OHIOmega Healthcare ...||25.76%||30.47%||46.78%|
|AREAlexandria Real E...||10.90%||14.07%||31.19%|
|NHINational Health I...||8.73%||15.36%||22.11%|
|SBRASabra Health Care||20.81%||28.98%||18.39%|
Omega Healthcare Investors competitorsOne check before investing in any stock is to review a list of its competitors, in this case for Omega Healthcare Investors. We chose 6 companies as Omega Healthcare Investors competitors as they are in the same industry or have similar market objectives.
- Alexandria Real Estate Equities (ARE)
- The Ensign (ENSG)
- LTC Properties (LTC)
- National Health Investors (NHI)
- Sabra Health Care (SBRA)
- Tiptree (TIPT)
Latest OHI stock news
- Seeking AlphaOmega Healthcare Investors - Invest In Real Estate And Healthcare SimultaneouslyJune 19, 2019