Omega Healthcare (OHI)
NYSE:OHI
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.49Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operating and financial picture: strong top‑line and adjusted cash flow growth (revenue +16.6% YoY, net income and EPS up materially, FAD per share +9.5%), tightened guidance with an increased midpoint, active and accretive deployment of capital, a sizeable $480M strategic sale to redeploy into higher-yielding opportunities, and a healthy liquidity and leverage profile. Offsetting items include bankruptcy exposure to Genesis, short‑term noise from asset sales and loan repayments that slightly reduced AFFO, issuance-related dilution, a competitive acquisition market with cap‑rate compression, occupancy stagnation in the near term, and reimbursement/legal risks that require monitoring. On balance, the positive operational and financial momentum, reinforced guidance, and strong balance sheet materially outweigh the risks discussed on the call.Company Guidance
Revenue Growth
Q1 revenue of $323.0M vs $277.0M in Q1 2025, an increase of approximately 16.6%, driven by new investments, annual escalators, and active portfolio management.
Earnings and Cash Flow Strength
Net income of $159M ($0.47/share) vs $112M ($0.33/share) in prior year, a ~42.4% increase in EPS; adjusted FFO of $260M ($0.82/share) and FAD of $247M ($0.78/share). AFFO and FAD per share were $0.02 higher than Q4.
FAD Per Share and Dividend Payout Improvement
FAD per share increased 9.5% year-over-year. Dividend payout ratios decreased to 82% of AFFO and 86% of FAD, indicating improved coverage and potential room for future dividend discussions.
Tightened and Upward Guidance
Full-year adjusted AFFO guidance narrowed to $3.19–$3.25 per share with the midpoint increased to $3.22 (midpoint up $0.02 from prior guidance), reflecting management confidence in cash flow trajectory.
Active Portfolio Management and Cash Recycling
Strategic sale of 18 CommuniCare assets for $480M (12 sold post-quarter) with expected redeployment to generate ~ $0.03 of annual AFFO/FAD accretion; Q4+Q1 produced $585M in new investments contributing incremental net income.
Robust Investment Activity and Attractive Yields
YTD transaction activity of $326M and $251M completed new investments (plus $13M CapEx); weighted average yield on leases/loans of 10.9%; subsequent post-quarter closings of $75M (two IN SNFs $33M at 10% lease yield and three RI SHOP $42M RIDEA).
Strong Liquidity and Balance Sheet
At 3/31: $425M drawn on revolver, ~$26M cash, assets held for sale expected to raise ~$480M, and >$1.5B available capacity on $2.0B revolver. Fixed charge coverage 6.3x and leverage stable at 3.5x with next maturity in April 2027.
Pipeline and RIDEA Expansion
Growing pipeline across U.S. and UK with focus on senior housing RIDEA, skilled nursing and UK care homes; management pursuing mid-teens IRRs and building teams/boots-on-ground for sourcing and asset management (UK presence ramped up).
OHI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OHI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $46.74 | $46.06 | -1.45% |
Feb 04, 2026 | $41.72 | $44.26 | +6.08% |
Oct 30, 2025 | $38.10 | $40.17 | +5.42% |
Jul 31, 2025 | $36.55 | $37.54 | +2.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Omega Healthcare (OHI) report earnings?
Omega Healthcare (OHI) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Omega Healthcare (OHI) earnings time?
Omega Healthcare (OHI) earnings time is at Aug 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OHI EPS forecast?
OHI EPS forecast for the fiscal quarter 2026 (Q2) is 0.49.