During the last session, Omeros Corporation (NASDAQ:OMER)’s traded shares were 0.49 million, with the beta value of the company hitting 1.48. At the end of the trading day, the stock’s price was $3.92, reflecting an intraday loss of -2.73% or -$0.11. The 52-week high for the OMER share is $5.68, that puts it down -44.9 from that peak though still a striking 76.53% gain since the share price plummeted to a 52-week low of $0.92. The company’s market capitalization is $227.16M, and the average intraday trading volume over the past 10 days was 0.28 million shares, and the average trade volume was 337.31K shares over the past three months.
Omeros Corporation (OMER) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.33. OMER has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.7.
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Omeros Corporation (NASDAQ:OMER) trade information
Omeros Corporation (OMER) registered a -2.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.73% in intraday trading to $3.92, hitting a weekly high. The stock’s 5-day price performance is -0.51%, and it has moved by -7.66% in 30 days. Based on these gigs, the overall price performance for the year is 33.79%. The short interest in Omeros Corporation (NASDAQ:OMER) is 11.58 million shares and it means that shorts have 30.77 day(s) to cover.
The consensus price target of analysts on Wall Street is $2, which implies a decrease of -96.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $2 respectively. As a result, OMER is trading at a premium of 48.98% off the target high and 48.98% off the low.
Omeros Corporation (OMER) estimates and forecasts
Statistics show that Omeros Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Omeros Corporation (OMER) shares have gone up 6.81% during the last six months, with a year-to-date growth rate less than the industry average at -3.94% against 13.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -16.70% this quarter and then drop -380.00% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.37%. While earnings are projected to return -59.93% in 2024.
OMER Dividends
Omeros Corporation is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Omeros Corporation (NASDAQ:OMER)’s Major holders
Omeros Corporation insiders own 4.45% of total outstanding shares while institutional holders control 43.31%, with the float percentage being 45.33%. INGALLS & SNYDER LLC is the largest shareholder of the company, while 138.0 institutions own stock in it. As of 2024-06-30, the company held over 4.59 million shares (or 7.8114% of all shares), a total value of $18.65 million in shares.
The next largest institutional holding, with 4.1 million shares, is of BLACKROCK INC.’s that is approximately 6.9754% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $16.65 million.
