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 ...

Omega Healthcare Investors (OHI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by th ...

SeventyFour/iStock via Getty Images Omega Healthcare Investors, Inc. (NYSE:OHI), incorporated in 1992 and headquartered in Hunt Valley, MD, is a REIT that owns and manages skilled nursing and assisted living facilities (SNFs/ALFs) in the United States. I believe that investors who are looking for a stable income source should consider some other vehicle because OHI hasn't performed very well in the past, it is uncertain when the market it serves will recover, and its dividend coverage is currently inadequat ...

Core Viewpoint - Omega Healthcare Investors, Inc. (OHI) is positioned well in the long-term care (LTC) and skilled nursing facilities (SNF) sector, with increasing demand expected over the next decade as the U.S. population ages, leading to growth opportunities despite recent challenges [1][15]. Financial Performance - In Q1 2024, OHI reported revenue of $243.29 million, an increase of 11.5% year-over-year, and beat funds from operations (FFO) estimates by $0.03, generating $0.68 of FFO per share [5][6]. - OHI's net income grew from $37 million to $69 million year-over-year, with adjusted funds from operations (AFFO) increasing by $16 million [6][9]. - The company generated $657 million in funds available for distribution (FAD) in 2023, equating to $2.62 per share, with a payout ratio of 102.29% [8]. Dividend Insights - OHI maintains an annualized dividend of $2.68 per share, despite a high payout ratio of 104.62% in Q1 2024, indicating ongoing debate about the safety of the dividend [8][9]. - Senior leadership projects that the dividend payout ratio will decline to the mid-90% range over the next several quarters, which may alleviate concerns regarding dividend sustainability [9][13]. Market Position and Strategy - OHI's portfolio is strengthening as operators recover from pandemic impacts, with significant rent payments being made by LaVie and Maplewood, while restructuring efforts are ongoing with Guardian Healthcare [7][9]. - The company specializes in triple net leases, which mitigate inflation risks as tenants are responsible for all expenses, allowing OHI to expect larger cash flows in the future [5][6]. Future Outlook - The aging population is expected to drive more capital into LTC and SNF facilities, making OHI an attractive investment in the healthcare REIT sector [1][15]. - OHI's leadership is focused on executing their strategy effectively, which is anticipated to enhance shareholder value and potentially lead to capital appreciation alongside dividend income [13][15].