During the last session, Omeros Corporation (NASDAQ:OMER)’s traded shares were 0.43 million, with the beta value of the company hitting 2.03. At the end of the trading day, the stock’s price was $9.18, reflecting an intraday gain of 0.66% or $0.06. The 52-week high for the OMER share is $13.60, that puts it down -48.15 from that peak though still a striking 71.57% gain since the share price plummeted to a 52-week low of $2.61. The company’s market capitalization is $531.98M, and the average intraday trading volume over the past 10 days was 0.4 million shares, and the average trade volume was 1.12 million shares over the past three months.
Omeros Corporation (OMER) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.00. 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 -0.71.
Omeros Corporation (NASDAQ:OMER) trade information
Omeros Corporation (OMER) registered a 0.66% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.66% in intraday trading to $9.18, hitting a weekly high. The stock’s 5-day price performance is 6.13%, and it has moved by 3.15% in 30 days. Based on these gigs, the overall price performance for the year is 152.89%. The short interest in Omeros Corporation (NASDAQ:OMER) is 9.36 million shares and it means that shorts have 16.28 day(s) to cover.
The consensus price target of analysts on Wall Street is $2, which implies a decrease of -359.0% 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 78.21% off the target high and 78.21% off the low.
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 -51.50% in 2025, the next five years will return 35.27% per annum.
OMER Dividends
Omeros Corporation is due to release its next quarterly earnings in March. 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 4.47% of total outstanding shares while institutional holders control 43.04%, with the float percentage being 45.05%. INGALLS & SNYDER LLC is the largest shareholder of the company, while 157.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of Omeros Corporation (OMER) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.88 shares. This amounts to just over 3.24 percent of the company’s overall shares, with a $17.26 million market value. The same data shows that the other fund manager holds slightly less at 1.58, or about 2.73% of the stock, which is worth about $14.5 million.
