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