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OHIOmega Healthcare Investors, IncHold6.1·$45.50+0.64%
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Omega Healthcare Investors, Inc (OHI) Stock Analysis

HoldModerate Confidence

Real Estate · REIT - Healthcare Facilities

Hold if already holding. Not a fresh buy at $45.50, but acceptable to hold if already in. Reasons: Concentration risk — Property Type: SNFs (54.6%); Analyst target reached - limited upside remaining.

Omega Healthcare Investors is a healthcare REIT owning 1,027 operating SNFs, assisted living facilities, and other long-term care properties in 42 states and the U.K., leased under triple-net agreements to 89 operators. SNFs drive 54.6% of revenues; average annualized lease... Read more

$45.50+0.6% A.UpsideScore 6.1/10#1 of 13 REIT - Healthcare Facilities
QualityF-score7 / 9FCF yield3.61%
IncomeYield5.93%(5y avg 7.94%)Payout129.47%
Stop $43.10Target $45.79(analyst − 10%)A.R:R 0.1:1
Analyst target$50.88+11.8%16 analysts
$45.79our TP
$45.50price
$50.88mean
$63

Hold if already holding. Not a fresh buy at $45.50, but acceptable to hold if already in. Reasons: Concentration risk — Property Type: SNFs (54.6%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Omega Healthcare Investors, Inc

About Omega Healthcare Investors, Inc

Omega Healthcare Investors held 1,027 operating healthcare facilities across 42 states, the United Kingdom, and Bailiwick of Jersey at year-end 2025, with gross real estate investments totaling $11.9 billion. Skilled nursing facilities and transitional care properties generated 54.6% of annual revenues from 577 facilities; senior housing (ALFs, ILFs, and CCRCs) contributed 30.4% from 359 facilities. Triple-net operating leases — 86% of which have terms extending beyond 2030 — carried an average annualized yield of 10.4%, with 89 third-party operators responsible for all facility operations.

Omega earns revenue primarily through triple-net leases in which operators pay one monthly rent covering all properties under a master lease agreement, bearing facility-level operating costs, capital maintenance, and insurance. Lease terms run 5 to 15 years with annual escalators; real estate assets and mortgage loans on 1,027 facilities generated 93.5% of 2025 revenues, with the balance from other real estate loans, unconsolidated entities, and non-real estate loans. Mortgage loans on 91 SNF and senior housing facilities provide supplemental income at an average 10.2% annualized yield. During the fourth quarter of 2025, Omega adopted RIDEA structures for four newly acquired senior housing facilities managed by two third-party managers, providing direct exposure to operating cash flows. Operators are subject to Medicare and Medicaid reimbursement as the primary revenue source for SNF operators, and regulatory changes to these programs — including the OBBBA's estimated $920 billion in Medicaid cuts over the next decade enacted in July 2025 — may adversely impact operators' ability to service lease obligations to Omega.

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The concentrated SNF-tenant exposure means Omega's cash flow is directly linked to Medicare and Medicaid reimbursement policy and operator financial health. The OBBBA froze nursing home provider taxes and introduced reductions to Medicaid that could reduce reimbursement levels states pass through to SNF operators, exposing the company to potential rent coverage deterioration from its largest tenant segment. In May 2026, the company disclosed planned CEO and CFO retirements via Form 8-K: C. Taylor Pickett will step down October 1, 2026, succeeded by President Matthew P. Gourmand; CFO Robert O. Stephenson departs August 1, 2026, with SVP Neal A. Ballew succeeding him. Both transitions follow long-term succession planning with named successors.

See also: Real Estate · REIT - Healthcare Facilities

From Omega Healthcare Investors, Inc's most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17

Recent Developments — Omega Healthcare Investors, Inc

Material events (past 30 days)

  • 8K May 21, 2026 MEDIUM Item 5.02: CEO C. Taylor Pickett to retire October 1, 2026; succeeded by President Matthew P. Gourmand. CFO Robert O. Stephenson to retire August 1, 2026; succeeded by SVP/Chief Accounting Officer Neal A. Ballew. Both planned retirements with named successors.

Generated 2026-06-17T08:41:50Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 30, 202644d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Strong growth profile
Risks
Concentration risk — Property Type: SNFs (54.6%)
Analyst target reached - limited upside remaining
Negative momentum

Key Metrics

P/E (TTM)21.8
P/E (Fwd)22.2
Mkt Cap$14.1B
EV/EBITDA16.1
Profit Mgn51.4%
ROE12.6%
Rev Growth14.3%
Beta0.58
Dividend5.93%
Rating analysts22

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.38bullish
IV39%normal
Max Pain$60+31.9% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHPropertySNFs55%
    10-K Item 1: 'SNFs/Transitional care (3)| 577| ​| $| 5,732,460| 48.0| %| $| 170,985| ​| 54.6| %'
  • MEDIUMPropertySenior housing30%
    10-K Item 1: 'Senior housing (4)| 359| ​| ​| 3,900,922| 32.7| %| ​| 95,060| ​| 30.4| %'

Material Events(8-K, last 90d)

  • 2026-05-21Item 5.02MEDIUM
    CEO C. Taylor Pickett to retire October 1, 2026; succeeded by President Matthew P. Gourmand. CFO Robert O. Stephenson to retire August 1, 2026; succeeded by SVP/Chief Accounting Officer Neal A. Ballew. Both planned retirements with named successors.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesMomentum 4.0<4.5A.R:R 0.1 < 1.5@spotExecutive change: officer departure/appointmentInsider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
38 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $43.15Resistance $49.33

Price Targets

$43
$46
A.Upside+0.6%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (0.6% upside)
! momentum at 4.0 (below the engine's 4.5 threshold)
! asymmetry at 0.1 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-30 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is OHI stock a buy right now?

Hold if already holding. Not a fresh buy at $45.50, but acceptable to hold if already in. Reasons: Concentration risk — Property Type: SNFs (54.6%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $45.79 (+0.6%), stop $43.10 (−5.6%), A.R:R 0.1:1. Score 6.1/10, moderate confidence.

What is the OHI stock price target?

Take-profit target: $45.79 (+0.6% upside). Target $45.79 (+0.6%), stop $43.10 (−5.6%), A.R:R 0.1:1. Stop-loss: $43.10.

What are the risks of investing in OHI?

Concentration risk — Property Type: SNFs (54.6%); Analyst target reached - limited upside remaining; Negative momentum.

Is OHI overvalued or undervalued?

Omega Healthcare Investors, Inc trades at a P/E of 21.8 (forward 22.2). TrendMatrix value score: 4.5/10. Verdict: Hold.

What do analysts say about OHI?

22 analysts cover OHI with a consensus score of 3.5/5. Average price target: $51.

What does Omega Healthcare Investors, Inc do?Omega Healthcare Investors is a healthcare REIT owning 1,027 operating SNFs, assisted living facilities, and other...

Omega Healthcare Investors is a healthcare REIT owning 1,027 operating SNFs, assisted living facilities, and other long-term care properties in 42 states and the U.K., leased under triple-net agreements to 89 operators. SNFs drive 54.6% of revenues; average annualized lease yield is 10.4%; approximately 86% of leases extend beyond 2030.

Related stocks: SBRA (Sabra Health Care REIT, Inc.) · MPT (Medical Properties Trust, Inc.) · SILA (Sila Realty Trust, Inc.) · AHR (American Healthcare REIT, Inc.) · CTRE (CareTrust REIT, Inc.)
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