> ## Content Index > Fetch the complete content index at: https://www.bullished.co/llms.txt > Use this file to discover other available public pages before exploring further. # Omega Healthcare Raises 2026 Profit Outlook To $3.28-$3.30 A Share As $946 Million Of Deals Close After Quarter-End - URL: https://www.bullished.co/omega-healthcare-raises-2026-profit-outlook-to-3-28-3-30-a-share-as-946-million-of-deals-7f46f1d3/ - Published: 2026-11-03T21:44:29.000Z - Updated: 2026-11-03T21:44:29.000Z - Description: The care-home landlord lifted its forecast even as third-quarter net income fell to $87 million. - Author: Matteo Parrino - Tags: Earnings, OHI, Industry: Real Estate [Omega Healthcare Investors](https://www.bullished.co/tag/ohi/), a real estate investment trust that owns and finances nursing homes and senior housing, raised its 2026 forecast for adjusted funds from operations to [$3.28 to $3.30 per diluted share](https://www.sec.gov/Archives/edgar/data/0000888491/000088849126000028/ohi-ex99d1.htm?ref=bullished.co), up from $3.22 to $3.26, the company said Tuesday in an [8-K](https://www.sec.gov/Archives/edgar/data/0000888491/000088849126000028/ohi-20261103x8k.htm?ref=bullished.co). The raise follows $946 million of new investments completed since the quarter ended September 30, led by a U.K. care-home mortgage loan. ## Quarter: cash profit up, net income down Adjusted funds from operations, a REIT profit measure that adds back non-cash charges, reached $262 million, or $0.82 per diluted share, in the third quarter. A year earlier it was $243 million, or $0.79. Net income fell to $87 million, or $0.27 per diluted share. The result absorbed $59.9 million of acquisition, merger and transition costs and $18.8 million of severance. An $11.4 million net impairment charge on one facility also hit the quarter. Revenue rose to $340.6 million. The company has now raised its outlook again; CEO Matthew Gourmand said the midpoint moved up five cents to $3.29\. He said the company reduced leverage to "the lowest level in the Company's history." ## A $846 million U.K. loan leads the spending Omega has invested about $1.5 billion this year, including $182 million in the third quarter. Of the $945.5 million completed since October 1, the largest piece is an $846 million loan: £631.7 million ($845.7 million) funded in November to an affiliate of Foundation Partners Asset Management, an existing operator. The loan carries 8.72% interest, rising to 8.94% in year two, matures in November 2031, and is secured by 48 U.K. care homes plus leasehold interests in seven more. Omega expects to exercise a purchase option on the properties once regulatory conditions are met, then lease them back to Foundation. The rest includes $49.3 million for five senior housing communities in Texas, Florida and South Carolina, and a $50.5 million Georgia retirement community acquired in November. ## PACS takes over 32 Florida facilities On October 1, Omega moved 32 Florida skilled nursing facilities from Airamid Health Services to PACS Group. Annual contractual rent on them is now $58.0 million, up $26.1 million, with a further $2.5 million increase in year two. Omega paid Airamid a $90.0 million termination fee. The Genesis Chapter 11 bankruptcy sale was finalized in October. Omega's lease passed to affiliates of NewGen, and Omega received $149.5 million in loan repayments. In the third quarter, Omega also paid £35.8 million ($48.0 million) to acquire the operators of 30 U.K. care homes, converting them from triple-net leases to RIDEA structures, where Omega shares in operating results. ## Balance sheet and next dates Omega had $4.1 billion of debt at September 30, at a weighted average rate of 4.2%, and $2.0 billion of undrawn revolver capacity. It sold 4.7 million shares in the quarter for $234 million. The new outlook assumes all the portfolio activity above and that NewGen pays $13.3 million of rent per quarter. Management hosts its call Wednesday at 10 a.m. Eastern; the $0.68 dividend is payable November 16 to holders of record on November 5. Learn - [Item 2.02: results of operations →](https://www.bullished.co/learn/8-k-items-explained/#item-202-results-of-operations) From 8-K Items Explained: What Every Item Code From 1.01 To 9.01 Tells You, With Examples ### Sources - [8-K Filing — OMEGA HEALTHCARE INVESTORS INC (OHI)](https://www.sec.gov/Archives/edgar/data/0000888491/000088849126000028/ohi-20261103x8k.htm?ref=bullished.co) — SEC EDGAR - [Exhibit ohi-ex99d1.htm — OMEGA HEALTHCARE INVESTORS INC 8-K exhibit](https://www.sec.gov/Archives/edgar/data/0000888491/000088849126000028/ohi-ex99d1.htm?ref=bullished.co) — SEC EDGAR ### More on Omega Healthcare Investors - [Omega Moves 32 Florida Nursing Homes To PACS Group, With $26.1 Million In Added First-Year Rent](https://www.bullished.co/omega-moves-32-florida-nursing-homes-to-pacs-group-with-26-1-million-in-added-first-year-e75debc5/) [All Omega Healthcare Investors (OHI) coverage →](https://www.bullished.co/tag/ohi/)