Your email has been successfully added to our mailing list.

×
0 -0.000126087504728346 -0.00113478754255458 -0.00100870003782623 -0.000126087504728346 0.00113478754255458 0.00113478754255458 0.00113478754255458
Stock impact report

Hurricane Milton puts $30B of Florida muni debt at risk - report [Seeking Alpha]

Omega Healthcare Investors, Inc. (OHI) 
Last omega healthcare investors, inc. earnings: 2/5 04:20 pm Check Earnings Report
US:NYSE Investor Relations: omegahealthcare.com
Company Research Source: Seeking Alpha
Expected to make landfall in Florida late Wednesday or early Thursday, Hurricane Milton could possibly be the most disastrous hurricane on record, in terms of dollars. It's expected to surpass Hurricane Katrina in terms of insured losses. Katrina back in 2005 incurred a loss of $65B, or just over $100B in 2023 dollars. And that comes nearly two weeks after Hurricane Helene caused fatal flooding in North Carolina, underscoring the increased frequency of modern-day storms. The consecutive events have compelled muni investors to reassess the risks of buying bonds in storm-prone regions, despite the infrequency of local government bond defaults. Missed payments due to extreme weather, in particular, are very rare, Bloomberg noted. In Florida, the healthcare and senior living sectors have the most outstanding muni debt at risk for Hurricane Milton, at $9.9B, followed by appropriation and tax-backed debt ($5.6B), education and cultural institutions ($4.7B), utilities ($4.0B), airport Show less Read more
Impact Snapshot
Event Time:
OHI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OHI alerts
Opt-in for
OHI alerts

from News Quantified
Opt-in for
OHI alerts

from News Quantified