OHI stock: buy or sell?

OHI stock price: $44.96 1.72% At close on October 18th, 2019

Updated on:
October 18th, 2019

5

Omega Healthcare Investors set new all time highs back again on October 18th, marking to $45.01. Shares ended at $44.96 and escalated 1.72%.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.

Is OHI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-12Raymond Jamesn/aStrong-Buy
2019-9-12Berenberg Bankn/aBuy
2019-8-8Raymond JamesOutperformStrong-Buy
2019-8-23Wells Fargo & Con/aMarket Perform
2019-2-7Stifel NicolausBuyHold
2019-2-7Scotiabankn/aSector Perform
2019-1-4Mitsubishi UFJ Financial GroupNeutralOverweight

OHI stock analysis

Daily outlook

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%).

OHI stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $40.30

How 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:
OHI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-8Raymond JamesUpgrades$40.00$42.005%
2019-8-23Wells Fargo & CoRaises Target$36.00$40.0011.1%
2019-2-7Stifel NicolausDowngradesn/a$39.00-
2019-1-4Mitsubishi UFJ Financial GroupUpgrades$34.00$40.0017.6%
(in average)$36.70$40.3010.0%
Moving in a range from $42.00 and $39.00, the price prediction for OHI stock is $40.30. In average, analysts' outlook on OHI price forecast is positive, increasing the target by a 10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
OHI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.51n/a
2017-Q2-n/a0.37n/a
2017-Q32017-10-300.46-0.67n/a
2017-Q42018-02-130.420.31-26.2%
2018-Q12018-05-070.730.786.8%
2018-Q22018-08-030.730.764.1%
2018-Q32018-11-050.740.774.1%
2018-Q42019-02-110.740.73-1.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

OHI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$424 M-$173 M40.7%-
2014$505 M19.14%$221 M43.8%28.30%
2015$744 M47.31%$225 M30.2%1.43%
2016$901 M21.14%$366 M40.7%63.20%
2017$908 M0.84%$100 M11.1%-72.59%
2018$882 M-2.94%$282 M31.9%180.40%

Quarterly financial results

Omega 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%.
OHI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$229 M-$104 M45.7%-
2017-Q2$233 M1.77%$65 M28.0%-37.51%
2017-Q3$220 M-5.61%$-132 M-60.0%-301.77%
2017-Q4$221 M0.71%$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 M0.90%$57 M25.5%-27.92%
2018-Q4$220 M-0.95%$62 M28.3%9.91%

Omega Healthcare Investors ownership

When 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:

OHIAREENSGLTCNHI
Market cap$9.7 B$17.7 B$2.2 B$2.1 B$3.7 B
Total shares216.6 M113.4 M53.4 M39.8 M43.4 M
Float shares215.2 M111.9 M50.3 M39.1 M41.9 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 selling0.0%0.0%0.0%0.0%0.0%

OHI summary

Friday, October 18th, 2019
Open$44.24
Close$44.96
Day range$44.22 - $45.01
Previous close$44.20
Session gain1.72%
Average true range$0.69
50d mov avg$41.10
100d mov avg$38.68
200d mov avg$37.13
Daily patternlb02c
Weekly pattern lb02c

Omega Healthcare Investors performance

Stocks 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.
Stock3m6m12m
OHIOmega Healthcare ...25.76%30.47%46.78%
AREAlexandria Real E...10.90%14.07%31.19%
ENSGThe Ensign-23.70%-6.97%19.16%
LTCLTC Properties13.54%21.35%26.67%
NHINational Health I...8.73%15.36%22.11%
SBRASabra Health Care20.81%28.98%18.39%
TIPTTiptree16.80%18.31%28.30%

Omega Healthcare Investors competitors

One 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.

Latest OHI stock news