EarningsOmega Healthcare Investors reported 4Q24 core FFO of $0.74, beating expectations due to higher-than-expected NOI and interest income.
Financial PerformanceTenant health continues to improve with EBITDAR coverage reaching 1.50x, indicating a strengthening financial position.
Growth PotentialManagement has been opportunistic with equity capital raising, allowing the company to build an excess cash position ahead of debt maturities, providing potential for acquisitions.