NASDAQ:SABRSabre Stock Price, Forecast & News

Sabre's stock was trading at $9.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SABR stock has decreased by 31.7% and is now trading at $6.27. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sabre in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sabre.

Sabre is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Sabre.

Sabre Corp (NASDAQ:SABR) issued its quarterly earnings data on Wednesday, February, 26th. The information technology services provider reported $0.16 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.16. The information technology services provider had revenue of $941.40 million for the quarter, compared to analyst estimates of $947.68 million. Sabre had a return on equity of 24.00% and a net margin of 3.99%. The firm's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.34 EPS. View Sabre's earnings history.

Sabre declared a quarterly dividend on Thursday, February 27th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.14 per share on Monday, March 30th. This represents a $0.56 annualized dividend and a dividend yield of 8.93%. The ex-dividend date is Thursday, March 19th. View Sabre's dividend history.

Sabre updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of 1.10-1.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.24.

8 Wall Street analysts have issued 1 year target prices for Sabre's shares. Their forecasts range from $17.00 to $30.00. On average, they expect Sabre's share price to reach $23.43 in the next year. This suggests a possible upside of 273.7% from the stock's current price. View analysts' price targets for Sabre.

Press coverage about SABR stock has been trending very negative on Thursday, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sabre earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutSabre.

Sabre saw a drop in short interest in March. As of March 13th, there was short interest totaling 8,012,600 shares, a drop of 11.9% from the February 27th total of 9,090,000 shares. Based on an average daily trading volume, of 6,313,700 shares, the days-to-cover ratio is currently 1.3 days. Approximately 2.9% of the shares of the company are short sold. View Sabre's Current Options Chain.

Some companies that are related to Sabre include GDS (GDS), InterXion (INXN), Wix.Com (WIX), Stars Group (TSG), Switch (SWCH), HUYA (HUYA), Livongo Health (LVGO), Medallia (MDLA), DouYu International (DOYU), Tripadvisor (TRIP), SVMK (SVMK), 21Vianet Group (VNET), Pluralsight (PS), Internet Initiative Japan (IIJIY) and Health Catalyst (HCAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabre investors own include Energy Transfer LP Unit (ET), Ford Motor (F), CBL & Associates Properties (CBL), AT&T (T), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SunCoke Energy Partners (SXCP), Cypress Semiconductor (CY) and Cornerstone Strategic Value Fund (CLM).

Sabre trades on the NASDAQ under the ticker symbol "SABR."

Sabre's stock is owned by many different institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Sabre stock include David J Shirk, Group Holdings (Sbs) Advis Tpg, Jami Kindle, Judson Wade Jones, Judy C Odom, Karl Mr Peterson, Lake Group LLC Silver, Lawrence W Kellner, Richard A Simonson and Sean E Menke. View institutional ownership trends for Sabre.

SABR stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd. Company insiders that have sold Sabre company stock in the last year include David J Shirk, Judson Wade Jones, Richard A Simonson, and Sean E Menke. View insider buying and selling activity for Sabre.

SABR stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity for Sabre.

Shares of SABR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SABR stock can currently be purchased for approximately $6.27.

Sabre has a market capitalization of $1.72 billion and generates $3.97 billion in revenue each year. The information technology services provider earns $158.59 million in net income (profit) each year or $0.83 on an earnings per share basis. Sabre employs 9,250 workers across the globe. View additional information about Sabre.

The official website for Sabre is http://www.sabre.com/.

Sabre's mailing address is 3150 SABRE DRIVE, SOUTHLAKE TX, 76092. The information technology services provider can be reached via phone at 682-605-1000 or via email at [email protected]