Omega Healthcare Q2 Net Income Hits $380M, Lifts 2026 AFFO Guidance to $3.22-$3.26
OHI sits 36% above its 52-week low of $38.23.
Summary
Omega Healthcare delivered a strong Q2 with net income of $380 million ($1.19 per share) and adjusted FFO of $261 million, both up year-over-year. The company raised its full-year 2026 adjusted FFO guidance to $3.22-$3.26 per share, signaling confidence in sustained growth. New investments totaled $126 million in the quarter, including $110 million in real estate acquisitions, while the sale of 18 CommuniCare facilities for $480 million generated significant gains. The quarterly dividend was increased to $0.68 per share, effective August 2026. This follows the May leadership transition announcement, with the new CEO set to take over in October. The raised guidance and dividend hike suggest the portfolio is performing well despite broader healthcare REIT challenges.
At the time of this announcement, OHI was trading at $52.17 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $15.3B. The 52-week trading range was $38.23 to $52.07. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.