Omega Healthcare: Financial Strength Of Tenants Improved And Aging Demographics Are Positive

Investor Overview
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Summary

  • The state recently provided $600M to bolster caregiving in nursing homes.
  • Ambition to double market share in 10 years.
  • Omega can easily meet their debt obligations.
  • Dividend per share remains stable.
  • $500M share repurchase program in full swing.

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Introduction

Omega Healthcare (NYSE:OHI) is a REIT that focuses on skilled nursing and housing for seniors.

Their tenants ran into financial problems during the corona pandemic due to the high mortality among the elderly. And this of course affects Omega

This article was written by

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I'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the company has the following characteristics:1. Companies that are growing in both revenue, earnings and free cash flow.2. Companies that have excellent growth prospects.3. Stocks with favorable valuations.I prefer steadily growing companies with high free cash flow margins, dividend stocks and stocks with generous share repurchase programs.Disclaimer: My articles do not provide financial advice, they reflect my own findings and insights.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in OHI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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