Omega Healthcare Stock Price, News & Analysis

Omega Healthcare Investors (NYSE: OHI) reported a net income of $34.2 million for Q4 2021, translating to $0.14 per share, down from $63.1 million a year ago. Total revenues fell to $249.9 million, down from $263.8 million. Notably, Nareit FFO was $123.5 million, or $0.50 per share, with a decline attributed to operator rent non-payment due to the pandemic's toll on the industry. Despite challenges, the company announced a $500 million stock buyback program and a $0.67 dividend per share. The impact of the Omicron variant on occupancy levels remains a concern for future earnings.

Omega Healthcare Investors (NYSE:OHI) announced a quarterly cash dividend of $0.67 per share, payable on February 15, 2022. The Board also authorized a new $500 million share repurchase program extending through March 2025, aimed at enhancing shareholder value. CEO Taylor Pickett emphasized the intent to redeploy proceeds from potential asset sales into share repurchases. Additionally, the company's 2022 Annual Meeting is scheduled for June 3, 2022, with a virtual format to ensure accessibility for stockholders.

Omega Healthcare Investors (NYSE:OHI) will release its Q4 2021 earnings results on February 2, 2022, after market close. Following this, a conference call will be held on February 3, 2022, at 10 a.m. ET to discuss the results and recent developments. Omega, a real estate investment trust, operates primarily in the long-term healthcare sector, investing in skilled nursing and assisted living facilities. Further details will be available on Omega's website and during the conference call.

Omega Healthcare Investors (OHI) reported a net income of $142.8 million or $0.58 per share for Q3 2021, marking a significant recovery from a $93.8 million loss in Q3 2020. Revenues reached $281.7 million, supported by $180.7 million in Nareit Funds From Operations (FFO). The company highlighted ongoing challenges with tenant obligations, specifically mentioning Agemo and Gulf Coast, affecting future financial outlook. In Q3, Omega announced $172 million in real estate investments and a $0.67 quarterly dividend. CEO Taylor Pickett stressed the importance of federal support amid ongoing pandemic challenges.

Omega Healthcare Investors, Inc. (NYSE:OHI) has declared a cash dividend of $0.67 per share, payable on November 15, 2021. Stockholders of record as of November 5, 2021 will be eligible for this dividend. Additionally, Omega is set to release its third quarter earnings for the period ending September 30, 2021, on November 4, 2021, after market close, followed by a conference call on November 5, 2021, at 10 a.m. Eastern Time. The company operates in the long-term healthcare sector, primarily through skilled nursing and assisted living facilities.

Omega Healthcare Investors (NYSE: OHI) has updated its COVID-19 Operator Update slides as part of its investor presentation for the BofA Securities 2021 Global Real Estate Conference. This revision reflects the company's response to the ongoing pandemic affecting its long-term healthcare investments, particularly skilled nursing and assisted living facilities. The updated slides are available on pages 9 and 10 of the presentation, accessible online. Omega's operations span the US and the UK, focusing on a diverse group of healthcare companies under a triple-net lease structure.

Maplewood Senior Living and Omega Healthcare Investors (NYSE: OHI) announced the expansion of the Inspīr brand into Washington D.C. with the acquisition of The Fairfax Embassy Row. This new ultra-luxury senior living community will feature 174 private apartments and a range of premium amenities, emphasizing independent lifestyle with assisted living and memory care options. The location, near cultural landmarks and major transport, will serve as the second site for the Inspīr brand, following its debut in New York City.

Omega Healthcare Investors (NYSE: OHI) reported a net income of $86.9 million, or $0.36 per common share, for Q2 2021, compared to $102.0 million, or $0.43 per share in Q2 2020. Nareit FFO was $180.8 million ($0.74 per share) while Adjusted FFO reached $206.8 million ($0.85 per share). The company collected over 99% of its rents and declared a $0.67 dividend. Although facility occupancy improved, it remains below pre-pandemic levels. The company secured a new $1.45 billion credit facility and proceeded with $75 million in new investments during the quarter.

Omega Healthcare Investors announced a cash dividend of $0.67 per share on its common stock. This dividend will be payable on August 13, 2021, to stockholders of record as of the close of business on August 2, 2021. Omega is a real estate investment trust focused on the long-term healthcare industry, primarily investing in skilled nursing and assisted living facilities across the US and the UK. The company's diverse portfolio operates under a triple-net lease structure.