Omega Healthcare Investors Reports Second Quarter Earnings During Conference Call
August 9, 2023
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Omega Healthcare Investors ($NYSE:OHI) Inc. is a real estate investment trust (REIT) that specializes in investing in the long-term healthcare industry. They own a portfolio of income-producing healthcare facilities, located throughout the United States and the United Kingdom, and lease properties to healthcare operating companies. During the conference call, senior management team highlighted the company’s growth, performance, and outlook. These acquisitions are expected to increase their portfolio by approximately 3%, while also generating long-term cash flow growth and expanding their geographic footprint.
Overall, Omega Healthcare Investors Inc. reported a positive second quarter, delivering strong financial results and expanding their portfolio through acquisitions. With a strong growth outlook, they will continue to seek out new opportunities to invest in and benefit from the long-term healthcare industry.
Market Price
The stock opened at $31.7 and closed at $32.0, up by 1.1% from the previous closing price of 31.6. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for OHI. More…
| Total Revenues | Net Income | Net Margin |
| 852.67 | 243.65 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for OHI. More…
| Operations | Investing | Financing |
| 604.88 | 442.85 | -789.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for OHI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.4k | 5.59k | 15.46 |
Key Ratios Snapshot
Some of the financial key ratios for OHI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 41.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we strive to stay ahead of the game when it comes to analyzing a company’s fundamentals. After conducting a comprehensive analysis of OMEGA HEALTHCARE INVESTORS, we have determined that it is a low risk investment in terms of financial and business aspects. Our Risk Rating feature gives investors the ability to quickly make an informed decision about investing in a company. In addition to the low risk rating associated with OMEGA HEALTHCARE INVESTORS, we have also detected 1 risk warning in their balance sheet. To find out more about the risk warning, register on goodwhale.com now. With GoodWhale, you can rest assured that you are making informed decisions when investing your hard-earned money. More…
Peers
As of December 31, 2019, the company owned 1,214 properties in 41 states and the United Kingdom, with a portfolio value of $9.4 billion. The company’s competitors include Medical Properties Trust, Inc., Healthcare Realty Trust, Inc., and Sabra Health Care REIT, Inc.
– Medical Properties Trust Inc ($NYSE:MPW)
As of 2022, Medical Properties Trust, Inc. has a market capitalization of $6.58 billion. The company is a healthcare real estate investment trust that invests in hospitals and other healthcare-related facilities.
– Healthcare Realty Trust Inc ($NYSE:HR)
Healthcare Realty Trust Inc is a publicly traded real estate investment trust that invests in healthcare-related properties. The company’s portfolio includes hospitals, medical office buildings, and other healthcare facilities. Healthcare Realty Trust is headquartered in Nashville, Tennessee.
– Sabra Health Care REIT Inc ($NASDAQ:SBRA)
The company’s market cap is $2.93 billion as of 2022. The company is a real estate investment trust that focuses on owning and operating skilled nursing and assisted living facilities in the United States.
Summary
Overall, Omega Healthcare Investors Inc. delivered strong results for the second quarter, showing increased profitability and continued growth in new investments.
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