In the last trading session, 1.24 million Omeros Corporation (NASDAQ:OMER) shares changed hands as the company’s beta touched 2.19. With the company’s per share price at $3.0 changed hands at -$0.2 or -6.25% during last session, the market valuation stood at $175.78M. OMER’s last price was a discount, traded about -353.33% off its 52-week high of $13.60. The share price had its 52-week low at $2.97, which suggests the last value was 1.0% up since then. When we look at Omeros Corporation’s average trading volume, we note the 10-day average is 0.98 million shares, with the 3-month average coming to 1.04 million.
Analysts gave the Omeros Corporation (OMER) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended OMER as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Omeros Corporation (NASDAQ:OMER) trade information
Instantly OMER was in red as seen at the end of in last trading. With action -5.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -21.47%, with the 5-day performance at -5.96% in the red. However, in the 30-day time frame, Omeros Corporation (NASDAQ:OMER) is -9.64% down. Looking at the short shares, we see there were 13.1 million shares sold at short interest cover period of 11.22 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need a downside of -50.0% from its current market value. According to analyst projections, OMER’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a 33.33% surge from its current level, while the stock would need to tank 33.33% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -9.58%. The 2025 estimates are for Omeros Corporation earnings to increase by 22.74%.
OMER Dividends
Omeros Corporation is expected to release its next quarterly earnings report on 2025-May-15.
Omeros Corporation (NASDAQ:OMER)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.40% of Omeros Corporation shares while 47.39% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 49.57%. There are 47.39% institutions holding the Omeros Corporation stock share, with INGALLS & SNYDER LLC the top institutional holder. As of 2024-06-30, the company held 7.9269% of the shares, roughly 4.59 million OMER shares worth $18.65 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.0785% or 4.1 million shares worth $16.65 million as of 2024-06-30.