07-20-2015, 12:27 PM
(This post was last modified: 07-20-2015, 03:09 PM by Roadmap2Retire.)
(07-20-2015, 10:26 AM)benjamen Wrote: Why does OHI seem to be to good to be true? High growth, high yield, low P/FFO...
That's a good question, benjamen. At this time I can only guess.
Re: the yield and P/FFO - The company has taken a beating - with the rest of the sector in the past six months - down nearly 19% since Jan...which I think is an overreaction from the interest rate jitters.
The company's financials are good, the balance sheet looks great and as far as I can tell, the debt isnt crippling. OHI also got a credit rating upgrade from Moodys earlier this year.