Sabra Health Care REIT (SBRA) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBRA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBRA, but not buy additional shares or sell existing shares.
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8 analysts have issued twelve-month price targets for Sabra Health Care REIT's shares. Their SBRA share price forecasts range from $10.50 to $14.00. On average, they expect the company's stock price to reach $12.72 in the next year. This suggests a possible upside of 7.2% from the stock's current price.
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Sabra Health Care REIT's stock was trading at $12.43 at the start of the year. Since then, SBRA stock has decreased by 4.5% and is now trading at $11.87.
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Sabra Health Care REIT saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,270,000 shares, a decrease of 14.2% from the April 30th total of 11,970,000 shares. Based on an average daily trading volume, of 2,140,000 shares, the days-to-cover ratio is presently 4.8 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our SBRA earnings forecast.

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) posted its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. Sabra Health Care REIT had a negative net margin of 20.50% and a negative trailing twelve-month return on equity of 4.07%. During the same quarter in the previous year, the business earned $0.39 EPS.

Sabra Health Care REIT declared a quarterly dividend on Wednesday, May 3rd. Investors of record on Tuesday, May 16th will be paid a dividend of $0.30 per share on Wednesday, May 31st. This represents a $1.20 annualized dividend and a dividend yield of 10.11%. The ex-dividend date of this dividend is Monday, May 15th.
Read our dividend analysis for SBRA.

ETFs with the largest weight of Sabra Health Care REIT (NASDAQ:SBRA) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), ALPS Active REIT ETF (REIT), Hoya Capital High Dividend Yield ETF (RIET), Cambria Global Real Estate ETF (BLDG), Global X SuperDividend ETF (SDIV), Invesco S&P MidCap Value with Momentum ETF (XMVM) and iShares Residential and Multisector Real Estate ETF (REZ).

Sabra Health Care REIT (NASDAQ:SBRA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 10.45%. SBRA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SBRA.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabra Health Care REIT investors own include AT&T (T), Omega Healthcare Investors (OHI), Realty Income (O), Medical Properties Trust (MPW), Energy Transfer (ET), Verizon Communications (VZ), Bank of America (BAC), Annaly Capital Management (NLY), Ventas (VTR) and New Residential Investment (NRZ).

Sabra Health Care REIT trades on the NASDAQ under the ticker symbol "SBRA."

Sabra Health Care REIT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.13%), Principal Financial Group Inc. (6.77%), State Street Corp (5.39%), Deutsche Bank AG (4.63%), Bank of New York Mellon Corp (2.42%) and Geode Capital Management LLC (2.25%). Insiders that own company stock include Catherine Cusack, Harold W Jr Andrews and Michael J Foster.
View institutional ownership trends.

Shares of SBRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBRA stock can currently be purchased for approximately $11.87.

Sabra Health Care REIT (NASDAQ:SBRA) has a market capitalization of $2.74 billion and generates $624.81 million in revenue each year. The real estate investment trust earns $-77,610,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.

Sabra Health Care REIT's mailing address is 18500 VON KARMAN AVENUE SUITE 550, IRVINE CA, 92612. The official website for the company is www.sabrahealth.com. The real estate investment trust can be reached via phone at (888) 393-8248, via email at investorrelations@sabrahealth.com, or via fax at 949-679-8868.