Company Overview - Omega Healthcare Investors, Inc. (OHI) is a REIT focused on Skilled Nursing Facilities (SNF), which provide medical care and support for residents recovering from medical procedures [3][4] - The company has a high dividend yield of 6.65% and a strong financial position, making it attractive for long-term investors [2][23] Industry Context - The SNF market is experiencing significant growth due to demographic changes, with 1 in 6 Americans projected to be 65 and older, increasing the demand for such facilities [4] - OHI currently holds only 5% of the market, indicating substantial room for growth through acquisitions, especially given the regulatory moat that limits new supply [5][6] Financial Performance - OHI's Q2 earnings beat estimates by $0.03, but the company has shown a lack of growth in Adjusted Funds from Operations (AFFO), with a 3-year CAGR of -5.05% and a year-over-year decline of -5.55% [8][9] - The company’s profitability, measured by its ability to convert total revenue into AFFO, has improved to 71.94%, which is significantly higher than the sector median [14][17] Dividend Analysis - OHI has maintained a consistent annual dividend of $2.68 since 2020, but this has not kept pace with inflation, suggesting a need for an increase to maintain purchasing power [15][22] - The AFFO payout ratio is concerning, sitting at 101.13% for the trailing twelve months, indicating potential challenges in sustaining dividends without growth in earnings [21][22] Recent Developments - LaVie Care Centers, which leased around 30 properties to OHI, filed for Chapter 11 but will continue to pay $3 million in monthly rent during restructuring, with minimal impact expected on OHI's top line [11][12] - The current ratio for OHI has decreased to 5.535, but it remains healthy, indicating the company's ability to cover short-term obligations [13] Conclusion - OHI operates in a market with a regulatory moat and is well-positioned for growth due to demographic trends, while its profitability metrics are superior to peers [4][23] - The company’s strong financial position and high dividend yield make it an appealing option for long-term investors, despite some concerns regarding dividend sustainability and growth in AFFO [2][23]

PM Images Patience is an overlooked characteristic as many investors get caught up in headlines and focus on riding the wave higher. Big tech has dominated the news cycle when it comes to investing as AI overtook cloud computing as the new narrative. While technology has been one of the strongest catalysts for the markets reaching ongoing alltime highs, some sectors that some consider boring have been on the move and still look interesting. Many REITs experienced hardships during the pandemic, and some are ...

Omega Healthcare Investors, Inc. (NYSE:OHI) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Michele Reber - Investor Relations Taylor Pickett - Chief Executive Officer Dan Booth - Chief Operating Officer Bob Stephenson - Chief Financial Officer Megan Krull - Senior Vice President, Operations Conference Call Participants Jonathan Hughes - Raymond James Jamie Feldman - Wells Fargo Vikram Malhotra - Mizuho Alex Fagan - Baird Robin Haneland - BMO Capital Markets Justin Haasbeek ...

Omega Healthcare Investors (OHI) reported $252.75 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 1%. EPS of $0.71 for the same period compares to $0.25 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $249.5 million, representing a surprise of +1.30%. The company delivered an EPS surprise of +2.90%, with the consensus EPS estimate being $0.69. While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Omega Healthcare Investors (OHI) came out with quarterly funds from operations (FFO) of $0.71 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to FFO of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 2.90%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.65 per share when it actually produced FFO of $0.68, delivering a surprise of 4.62%. ...

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective. The consensus estimate for 'Depreciation and amortization' stands at $76.98 million. The estimate compares to the year-ago value of $82.02 million. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 16th: USA Compression Partners (USAC) This company which is one of the largest independent natural gas compression services providers across the United States in terms of fleet horsepower, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.6s%, compared with the industry aver ...

Supertruper Verizon (VZ) is likely one of the top stocks that come to some investors' mind when it comes to high dividend yield but slower growth. But just because a company's business model sounds boring doesn't mean its stock is also boring. For example, I last covered VZ in August last year, when the market was overly concerned about lead cables in the ground and lackluster top-line growth, and the stock has given investors an 'exciting' 25% share price growth and 32% total return including dividends sin ...

5 revisions higher in the past 60 days. The Zacks Consensus Estimate has increased too. With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on OHI for more gains in the near future. Omega Healthcare Investors, Inc. (OHI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, OHI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "gol ...

Omega Healthcare Investors Inc. (NYSE:OHI) is a leading skilled nursing REIT in the United States and managed to cover its dividend with adjusted funds from operations in the first quarter and the margin of safety improved QoQ. With that said, however, a pay-out ratio of 97% overall implies a narrow margin of safety. Since the trust's adjusted funds from operations performance improved in 1Q24, I think that the real estate investment trust will continue to pay the $0.67 per share per quarter dividend. In 1Q ...