KD Logo

An Analysis of Omega Healthcare Investors, Inc. (OHI)’s Potential Price Growth

Omega Healthcare Investors, Inc.’s recent filing unveils that its CHIEF OPERATING OFFICER BOOTH DANIEL J unloaded Company’s shares for reported $2.28 million on Sep 27 ’24. In the deal valued at $40.25 per share,56,725 shares were sold. As a result of this transaction, BOOTH DANIEL J now holds 100,000 shares worth roughly $4.16 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, STEPHENSON ROBERT O sold 22,542 shares, generating $905,963 in total proceeds. Upon selling the shares at $40.19, the CHIEF FINANCIAL OFFICER now owns 183,076 shares.

Before that, BOOTH DANIEL J bought 56,725 shares. Omega Healthcare Investors, Inc. shares valued at $2,287,719 were divested by the Officer at a price of $40.33 per share.

Berenberg initiated its Omega Healthcare Investors, Inc. [OHI] rating to a Buy in a research note published on October 18, 2024; the price target was $45. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Neutral”. Citigroup also remained covering OHI and has increased its forecast on March 22, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wells Fargo revised its rating on February 26, 2024. It rated OHI as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of OHI

On Monday, Omega Healthcare Investors, Inc. [NYSE:OHI] saw its stock jump 0.05% to $41.57. Over the last five days, the stock has gained 0.61%. Omega Healthcare Investors, Inc. shares have risen nearly 35.58% since the year began. Nevertheless, the stocks have risen 23.17% over the past one year. While a 52-week high of $41.93 was reached on 10/28/24, a 52-week low of $27.53 was recorded on 02/05/24. SMA at 50 days reached $40.14, while 200 days put it at $34.13.

Levels Of Support And Resistance For OHI Stock

The 24-hour chart illustrates a support level at 41.42, which if violated will result in even more drops to 41.28. On the upside, there is a resistance level at 41.83. A further resistance level may holdings at 42.10. The Relative Strength Index (RSI) on the 14-day chart is 63.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.97%. Stochastics %K at 88.24% indicates the stock is a selling.

How much short interest is there in Omega Healthcare Investors, Inc.?

A steep rise in short interest was recorded in Omega Healthcare Investors, Inc. stocks on 2024-10-15, growing by 0.84 million shares to a total of 11.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 10.68 million shares. There was a rise of 7.28%, which implies that there is a positive sentiment for the stock.

Most Popular