earnings
confidence high
sentiment positive
materiality 0.75
Omega Healthcare Q4 AFFO $0.74/share, up 9% YoY; $340M new investments
OMEGA HEALTHCARE INVESTORS INC
2024-FY EPS reported
$1.55
revenue$1,051,390,000
- Net income Q4 2024 $116M ($0.41/share) vs $57M ($0.22) in Q4 2023.
- AFFO Q4 $214M ($0.74/share) vs $173M ($0.68); full year AFFO $778M ($2.87) vs $699M ($2.79).
- Completed $340M in Q4 new investments ($179M acquisitions + $162M loans); $26M in Q1 2025 to date.
- Issued 11M shares for $438M gross proceeds in Q4; repaid $400M senior notes due Jan 15, 2025.
- Extended $1.45B revolver and $50M term loan to Oct 30, 2025; provided 2025 AFFO guidance.