Omega Healthcare Investors Reports Strong Q2 Results with Revenue Growth and Raised Guidance
Omega Healthcare Investors (NYSE:OHI) reported strong second-quarter results for 2026, driven by increased revenue to $328 million and a significant gain on asset sales. Net income reached $363 million ($1.19 per share), up from the prior year due largely to a $247 million gain from selling 18 CommuniCare facilities. The company raised its full-year adjusted funds from operations (AFFO) guidance to between $3.22 and $3.26 per share, reflecting improved portfolio performance and balance sheet strength. Omega used approximately $700 million in asset-sale proceeds and loan repayments to reduce revolver borrowings nearly entirely, bringing leverage down to 3.3x. Management outlined plans for increased investment activity later in the year and into 2027, with a focus on skilled nursing, senior housing, U.K. care homes, and RIDEA operating investments expected to deliver higher returns than traditional triple-net deals.
Tickers: $OHI
Topics: balance_sheet_strength healthcare_investing investment_strategy real_estate