Omega Healthcare Investors Inc
NYSE:OHI

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Omega Healthcare Investors Inc
NYSE:OHI
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Price: 37.42 USD 0.67% Market Closed
Market Cap: 10.1B USD

Omega Healthcare Investors Inc
Investor Relations

Omega Healthcare Investors Inc. operates in the realm where real estate meets healthcare, specializing in providing capital to the long-term healthcare industry. As a real estate investment trust (REIT), Omega focuses on owning and leasing healthcare properties like skilled nursing facilities and assisted living facilities primarily across the United States and the U.K. These specialized properties are leased to operators on a triple-net basis, meaning the tenants are responsible for most of the property-level expenses, including insurance, maintenance, and taxes. This business model provides Omega with an opportunity to secure a steady flow of rental income while minimizing its day-to-day operational responsibilities—a hallmark characteristic that defines its financial strategy.

The heartbeat of Omega's business lies in its ability to adapt to the shifting dynamics of the healthcare landscape. The world's aging population increases demand for long-term care facilities, and Omega is positioned to capitalize on this wave by strategically investing in regions with robust demographic growth. The company's revenue is primarily derived from long-term lease agreements, tying its financial performance to the success of its tenants—operators proficient in providing care while navigating the challenges of regulatory changes and fluctuating reimbursement rates. In essence, Omega's expertise is in constructing a resilient portfolio that can withstand the pressures of healthcare industry cycles, while simultaneously delivering value to its shareholders through dividends supported by the predictable income streams from its property holdings.

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Earnings Calls

2024 Q3
Oct 31, 2024
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Omega Healthcare Reports Strong Q3 with Increased Revenue and Improved Outlook
2024 Q3
Oct 31, 2024

In Q3 2024, Omega Healthcare generated $276 million in revenue, up from $242 million a year earlier, driven by portfolio transitions and new investments. Funds Available for Distribution (FAD) rose to $0.70 per share, with guidance for Annualized Funds from Operations (AFFO) now between $2.84 and $2.86 per share. The company has successfully issued $800 million in equity, enhancing liquidity and reducing debt levels. Occupancy metrics remain strong, and LaVie is expected to continue monthly rent payments of $3 million. Overall, Omega is well-positioned for future capital deployment, targeting sustainable revenue growth.

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Management

Mr. C. Taylor Pickett CPA
CEO & Director
No Bio Available
Mr. Daniel J. Booth
Secretary & COO
No Bio Available
Ms. Gail Dave Makode J.D.
Chief Legal Officer & General Counsel
No Bio Available
Mr. Neal Alexander Ballew
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Matthew P. Gourmand CPA
Senior Vice President of Corporate Strategy & Investor Relations
No Bio Available
Ms. Megan M. Krull
Senior Vice President of Operations
No Bio Available
Michele Reber
Senior Director of Asset Management
No Bio Available
Mr. Vikas Gupta
Senior Vice President of Acquisitions & Development
No Bio Available

Contacts

Address
MARYLAND
Hunt Valley
303 International Cir Ste 200
Contacts