Sabra Health Care REIT (NASDAQ:SBRA) Updates FY 2025 Earnings Guidance

Sabra Health Care REIT (NASDAQ:SBRA - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.430-1.460 for the period, compared to the consensus earnings per share estimate of 1.460. The company issued revenue guidance of -.

Sabra Health Care REIT Trading Up 1.0 %

Sabra Health Care REIT stock traded up $0.18 during trading hours on Friday, reaching $18.06. 656,479 shares of the company's stock were exchanged, compared to its average volume of 2,312,355. The firm's 50 day simple moving average is $17.37 and its 200 day simple moving average is $17.49. Sabra Health Care REIT has a twelve month low of $13.87 and a twelve month high of $20.03. The firm has a market capitalization of $4.30 billion, a PE ratio of 34.08, a PEG ratio of 1.97 and a beta of 0.88. The company has a quick ratio of 4.16, a current ratio of 4.32 and a debt-to-equity ratio of 0.88.

Sabra Health Care REIT (NASDAQ:SBRA - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. Sabra Health Care REIT had a return on equity of 4.60% and a net margin of 18.02%. The business had revenue of $183.54 million for the quarter, compared to analysts' expectations of $180.23 million. During the same quarter in the previous year, the firm earned $0.35 earnings per share. The business's revenue was up 10.1% on a year-over-year basis. Research analysts predict that Sabra Health Care REIT will post 1.45 earnings per share for the current year.

Sabra Health Care REIT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date of this dividend is Friday, May 16th. Sabra Health Care REIT's payout ratio is currently 203.39%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial boosted their target price on shares of Sabra Health Care REIT from $17.00 to $18.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Sabra Health Care REIT has a consensus rating of "Moderate Buy" and an average price target of $19.33.

About Sabra Health Care REIT

Sabra Health Care REIT, Inc engages in the business of acquiring, financing, and owning real estate property. The company was founded on May 10, 2010 and is headquartered in Tustin, CA.