2024-06-03 06:30:44 ET
Summary
- Omega Healthcare Investors has a diversified portfolio of skilled nursing and assisted living facilities, but significant exposure to a few operators.
- Moreover, the price performance of OHI has been underwhelming, and the company has had issues with collecting rent from tenants.
- More importantly, the dividend is not safe and the discount to NAV is not large enough to provide an adequate margin of safety here.
Omega Healthcare Investors, Inc. ( OHI ), incorporated in 1992 and headquartered in Hunt Valley, MD, is a REIT that owns and manages skilled nursing and assisted living facilities (SNFs/ALFs) in the United States....
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Omega Healthcare: You May Want To Wait For A Better Price