Sabra Health Care REIT, Inc. is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company's segment includes investments in healthcare-related real estate properties. The Company's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. As of December 31, 2016, the Company's investment portfolio consisted of 183 real estate properties held for investment (consisting of 97 skilled nursing/transitional care facilities, 85 senior housing facilities, and one acute care hospital); 10 investments in loans receivable (consisting of four mortgage loans, one construction loan, one mezzanine loan, three pre-development loans and one debtor-in-possession (DIP) loan) and 12 preferred equity investments. It has properties located in New Hampshire, Texas, Florida, Kentucky, Ohio, Maryland and Nebraska, among others.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: REIT - Healthcare Facilities
- Sub-Industry: Specialized REITs
- Symbol: NASDAQ:SBRA
- CUSIP: 78573L10
- Web: www.sabrahealth.com
- Market Cap: $1.6 billion
- Outstanding Shares: 65,410,000
- 50 Day Moving Avg: $26.57
- 200 Day Moving Avg: $25.32
- 52 Week Range: $19.30 - $29.10
Sales & Book Value:
- Trailing P/E Ratio: 16.93
- Foreward P/E Ratio: 20.25
- P/E Growth: 3.34
- Annual Revenue: $260.62 million
- Price / Sales: 6.15
- Book Value: $15.35 per share
- Price / Book: 1.60
- Annual Dividend: $1.68
- Dividend Yield: 7.1%
- EBIDTA: $225.53 million
- Net Margins: 27.18%
- Return on Equity: 7.05%
- Return on Assets: 3.07%
- Debt-to-Equity Ratio: 1.17%
- Current Ratio: 3.23%
- Quick Ratio: 3.23%
- Average Volume: 865,308 shs.
- Beta: 1.1
- Short Ratio: 14.05
Frequently Asked Questions for Sabra Health Care REIT (NASDAQ:SBRA)
What is Sabra Health Care REIT's stock symbol?
Sabra Health Care REIT trades on the NASDAQ under the ticker symbol "SBRA."
How often does Sabra Health Care REIT pay dividends? What is the dividend yield for Sabra Health Care REIT?
Sabra Health Care REIT announced a quarterly dividend on Monday, May 8th. Investors of record on Thursday, May 18th will be paid a dividend of $0.43 per share on Wednesday, May 31st. This represents a $1.72 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Tuesday, May 16th. This is a positive change from Sabra Health Care REIT's previous quarterly dividend of $0.42. View Sabra Health Care REIT's Dividend History.
How were Sabra Health Care REIT's earnings last quarter?
Sabra Health Care REIT Inc (NASDAQ:SBRA) announced its earnings results on Monday, May, 8th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.58 by $0.33. The company had revenue of $62.65 million for the quarter, compared to analysts' expectations of $63.47 million. Sabra Health Care REIT had a return on equity of 7.05% and a net margin of 27.18%. The business's quarterly revenue was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 earnings per share. View Sabra Health Care REIT's Earnings History.
What guidance has Sabra Health Care REIT issued on next quarter's earnings?
Sabra Health Care REIT issued an update on its FY17 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $2.19 - $2.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.34.
Where is Sabra Health Care REIT's stock going? Where will Sabra Health Care REIT's stock price be in 2017?
10 equities research analysts have issued 12 month price targets for Sabra Health Care REIT's stock. Their forecasts range from $24.00 to $30.00. On average, they anticipate Sabra Health Care REIT's share price to reach $26.71 in the next year. View Analyst Ratings for Sabra Health Care REIT.
What are analysts saying about Sabra Health Care REIT stock?
Here are some recent quotes from research analysts about Sabra Health Care REIT stock:
- 1. Canaccord Genuity analysts commented, "We expect management’s strong SNF expertise to be instrumental in navigating the balance between rent adjustments, dispositions and operator transitions to improve SNF lease metrics while preserving deal accretion, and in the near term, valuation upside may await greater clarity on these key integration strategies." (5/9/2017)
- 2. Cantor Fitzgerald analysts commented, "We believe that the combination of SBRA and CCP highlights the growing discrepancy between the public and private market value of senior housing, particularly skilled nursing, and we expect it to spark greater enthusiasm for." (5/8/2017)
- 3. According to Zacks Investment Research, "Sabra Health Care REIT, Inc. is a real estate investment trust that owns and invests in real estate serving the healthcare industry. The trust owns nursing homes, rehabilitation centers, assisted living facilities, and independent living centers. It leases properties to tenants and operators throughout the United States. Sabra Health Care REIT, Inc. is based in Irvine, California. " (4/12/2017)
- 4. Stifel Nicolaus analysts commented, "We are revising our 2017 FFO estimate to $2.36 from $2.28 and our FAD estimate to $2.20 from $2.18. We expect later disposition of GEN assets designated for sale will delay some dilution in 2017. We are introducing our 2018 estimates of $2.43 FFO and $2.28 FAD. We maintain our Hold rating, as we see the shares as fairly valued given the pressure we expect on skilled nursing and seniors housing in 2017." (2/27/2017)
- 5. Mizuho analysts commented, "Although we went into this post-4Q16 earnings note with the view the complexities facing the skilled nursing and senior housing sectors made SBRA stock (and its 10%+ return, YTD) vulnerable. However, the numbers and commentary from management ultimately keep us at Neutral. One overriding point on SNFs and senior housing triple-net: Some observers identify with the generally solid rent coverage as reason to feel good about the group. But at least in the short term, we think healthcare REITs trade more on the change in coverage, not the coverage itself -- and therein lies the risk. That said, we are raising our PT for SBRA, as described below." (2/27/2017)
Are investors shorting Sabra Health Care REIT?
Sabra Health Care REIT saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 8,569,347 shares, an increase of 40.1% from the April 28th total of 6,116,085 shares. Based on an average daily volume of 1,737,475 shares, the short-interest ratio is currently 4.9 days. Approximately 13.5% of the shares of the stock are sold short.
Who are some of Sabra Health Care REIT's key competitors?
Some companies that are related to Sabra Health Care REIT include Outfront Media (OUT), Physicians Realty Trust (DOC), ProAssurance (PRA), Piedmont Office Realty Trust (PDM), National Health Investors (NHI), OneMain Holdings (OMF), MFA Financial (MFA), Fulton Financial Corp (FULT), Brandywine Realty Trust (BDN), Mercury General (MCY), Aspen Insurance Holdings Limited (AHL), Pinnacle Financial Partners (PNFP), Valley National Bancorp (VLY), Retail Properties of America (RPAI), Ashmore Group (AJMPF), Blackstone Mortgage Trust (BXMT), Stifel Financial Corp (SF) and Sterling Bancorp (STL).
Who owns Sabra Health Care REIT stock?
Sabra Health Care REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (19.04%), BlackRock Inc. (14.23%), FMR LLC (13.41%), LSV Asset Management (4.26%), River Road Asset Management LLC (2.72%) and State Street Corp (2.62%). Company insiders that own Sabra Health Care REIT stock include Harold W Jr Andrews, Michael J Foster, Milton J Walters and Robert A Ettl. View Institutional Ownership Trends for Sabra Health Care REIT.
Who sold Sabra Health Care REIT stock? Who is selling Sabra Health Care REIT stock?
Sabra Health Care REIT's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Principal Financial Group Inc., JPMorgan Chase & Co., State of New Jersey Common Pension Fund D, Morgan Stanley, Credit Suisse AG, Advantus Capital Management Inc and Menta Capital LLC. View Insider Buying and Selling for Sabra Health Care REIT.
Who bought Sabra Health Care REIT stock? Who is buying Sabra Health Care REIT stock?
Sabra Health Care REIT's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., LSV Asset Management, Vanguard Group Inc., Alliancebernstein L.P., Russell Investments Group Ltd., Copper Rock Capital Partners LLC, Loomis Sayles & Co. L P and State Street Corp. Company insiders that have bought Sabra Health Care REIT stock in the last two years include Harold W Jr Andrews, Michael J Foster and Robert A Ettl. View Insider Buying and Selling for Sabra Health Care REIT.
How do I buy Sabra Health Care REIT stock?
Shares of Sabra Health Care REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Sabra Health Care REIT stock cost?
One share of Sabra Health Care REIT stock can currently be purchased for approximately $24.50.
Earnings History for Sabra Health Care REIT (NASDAQ:SBRA)Earnings History by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q1 2017||$0.58||$0.25||$63.47 million||$62.65 million||View||Listen|
|2/22/2017||Q416||$0.32||$0.62||$58.23 million||$61.80 million||View||N/A|
|8/1/2016||Q216||$0.58||$0.61||$56.04 million||$74.20 million||View||N/A|
|5/2/2016||Q116||$0.55||$0.53||$57.50 million||$62.60 million||View||N/A|
|2/22/2016||Q415||$0.55||$0.55||$54.98 million||$66.80 million||View||N/A|
|11/9/2015||Q315||$0.57||$0.58||$53.78 million||$59.90 million||View||N/A|
|8/4/2015||Q215||$0.54||$0.53||$51.07 million||$56.60 million||View||N/A|
|5/5/2015||Q115||$0.57||$0.53||$52.10 million||$5.60 million||View||N/A|
|2/18/2015||Q414||$0.57||$0.54||$46.40 million||$55.70 million||View||N/A|
|11/3/2014||Q314||$0.55||$0.51||$38.00 million||$44.00 million||View||N/A|
|7/30/2014||Q214||$0.55||$0.57||$37.46 million||$42.97 million||View||N/A|
|5/5/2014||Q114||$0.54||$0.55||$35.75 million||$40.85 million||View||N/A|
|2/26/2014||Q413||$0.52||$0.50||$22.96 million||$37.55 million||View||N/A|
|10/23/2013||Q313||$0.46||$0.46||$33.01 million||$32.90 million||View||N/A|
|7/31/2013||Q213||$0.36||$0.41||$32.01 million||$32.28 million||View||N/A|
|5/2/2013||Q113||$0.45||$0.43||$30.71 million||$32.02 million||View||N/A|
|2/27/2013||Q412||$0.38||$0.41||$27.44 million||$28.29 million||View||N/A|
Earnings Estimates for Sabra Health Care REIT (NASDAQ:SBRA)
2017 EPS Consensus Estimate: $2.40
2018 EPS Consensus Estimate: $2.47
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Sabra Health Care REIT (NASDAQ:SBRA)
|Payout Ratio:||178.72% (Trailing 12 Months of Earnings) |
140.00% (Based on This Year's Estimates)
138.84% (Based on Next Year's Estimates)
Dividend History by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Sabra Health Care REIT (NASDAQ:SBRA)
Insider Ownership Percentage: 2.30%Insider Trades by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)
Institutional Ownership Percentage: 92.07%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/6/2016||Milton J Walters||Director||Sell||2,000||$22.04||$44,080.00|| |
|12/8/2015||Michael J Foster||Director||Buy||5,000||$19.86||$99,300.00|| |
|11/13/2015||Milton J Walters||Director||Sell||2,500||$19.75||$49,375.00|| |
|11/12/2015||Harold W Jr. Andrews||CFO||Buy||6,600||$19.07||$125,862.00|| |
|6/15/2015||Robert A Ettl||Director||Buy||2,000||$25.49||$50,980.00|| |
|6/9/2015||Michael J Foster||Director||Buy||5,074||$25.29||$128,321.46|| |
|5/7/2015||Robert A Ettl||Director||Buy||3,500||$27.95||$97,825.00|| |
|2/20/2015||Milton J Walters||Director||Sell||2,500||$32.49||$81,225.00|| |
|8/14/2013||Talya Nevo-Hacohen||VP||Buy||4,000||$25.24||$100,960.00|| |
|8/9/2013||Craig Barbarosh||Director||Buy||1,000||$24.99||$24,990.00|| |
|8/9/2013||Richard Matros||CEO||Buy||4,000||$25.03||$100,120.00|| |
|5/30/2013||Robert A Ettl||Director||Buy||2,000||$27.80||$55,600.00|| |
Headline Trends for Sabra Health Care REIT (NASDAQ:SBRA)
Latest Headlines for Sabra Health Care REIT (NASDAQ:SBRA)
|Sabra Health Care REIT, Inc. to Participate in the NAREIT 2017 REITWeek Conference|
feeds.benzinga.com - May 23 at 9:59 AM
|Sabra Health Care REIT, Inc. : SBRA-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 19, 2017|
finance.yahoo.com - May 19 at 12:39 PM
|Sabra Health Care REIT Inc (SBRA) Expected to Announce Quarterly Sales of $63.05 Million|
www.americanbankingnews.com - May 13 at 9:42 AM
|Jefferies Group LLC Reaffirms Hold Rating for Sabra Health Care REIT Inc (SBRA)|
www.americanbankingnews.com - May 12 at 7:44 AM
|Sabra Health Care REIT Inc (SBRA) Sees Significant Drop in Short Interest|
www.americanbankingnews.com - May 12 at 7:16 AM
|Sabra Health Care REIT Inc (SBRA) Plans $0.43 Quarterly Dividend|
www.americanbankingnews.com - May 11 at 12:50 PM
| Analysts Expect Sabra Health Care REIT Inc (SBRA) Will Announce Earnings of $0.59 Per Share|
www.americanbankingnews.com - May 11 at 8:22 AM
|Q2 2017 EPS Estimates for Sabra Health Care REIT Inc (SBRA) Cut by SunTrust Banks|
www.americanbankingnews.com - May 11 at 7:46 AM
|Edited Transcript of SBRA earnings conference call or presentation 9-May-17 5:00pm GMT|
finance.yahoo.com - May 11 at 12:57 AM
|Sabra Health Care REIT Inc (SBRA) Releases Quarterly Earnings Results, Misses Estimates By $0.33 EPS|
www.americanbankingnews.com - May 11 at 12:28 AM
|Sabra Health Care REIT Inc (SBRA) Releases Earnings Results, Misses Expectations By $0.33 EPS|
www.americanbankingnews.com - May 10 at 8:28 PM
|Sabra Health Care REIT Inc (SBRA) Releases Earnings Results|
www.americanbankingnews.com - May 10 at 6:20 PM
|Sabra Health Care REIT Inc (SBRA) Issues Quarterly Earnings Results|
www.americanbankingnews.com - May 10 at 4:16 PM
|Plots & Ploys|
finance.yahoo.com - May 10 at 11:03 AM
|Q3 2017 EPS Estimates for Sabra Health Care REIT Inc (SBRA) Lowered by SunTrust Banks|
www.americanbankingnews.com - May 10 at 9:04 AM
|Sabra Health Care REIT Inc (SBRA) Stock Rating Reaffirmed by Canaccord Genuity|
www.americanbankingnews.com - May 9 at 9:14 PM
|Sabra Health Care REIT Inc (SBRA) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS|
www.americanbankingnews.com - May 9 at 11:48 AM
|Investor Network: Sabra Health Care REIT, Inc. to Host Earnings Call|
finance.yahoo.com - May 9 at 10:39 AM
|Sabra reports 1Q results|
finance.yahoo.com - May 8 at 7:04 PM
|Sabra Health Care REIT Inc (SBRA) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - May 8 at 6:02 PM
|Sabra Health Care REIT's (SBRA) "Buy" Rating Reiterated at Cantor Fitzgerald|
www.americanbankingnews.com - May 8 at 11:20 AM
|Sabra Health Care REIT Inc (SBRA) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - May 5 at 8:45 PM
|Very Positive News Coverage Somewhat Likely to Affect Sabra Health Care REIT (SBRA) Stock Price|
www.americanbankingnews.com - May 4 at 7:36 AM
|Sabra Health Care REIT (SBRA) Given Daily News Impact Rating of 0.56|
www.americanbankingnews.com - May 1 at 10:43 AM
|Sabra Health Care REIT, Inc. breached its 50 day moving average in a Bearish Manner : SBRA-US : May 1, 2017|
finance.yahoo.com - May 1 at 9:05 AM
|Sabra Health Care REIT (SBRA) Earns News Sentiment Score of 0.56|
www.americanbankingnews.com - April 28 at 8:02 AM
|Sabra Health Care REIT, Inc. to Participate in Non-Deal Roadshow|
feeds.benzinga.com - April 27 at 11:05 AM
|Sabra Health Care REIT, Inc. Announces First Quarter 2017 Earnings Release Date and Conference Call|
feeds.benzinga.com - April 24 at 7:47 PM
|Sabra Health Care REIT Inc (SBRA) Expected to Post Quarterly Sales of $61.56 Million|
www.americanbankingnews.com - April 22 at 9:13 AM
|Sabra Health Care REIT Inc (SBRA) Short Interest Update|
www.americanbankingnews.com - April 21 at 7:24 PM
|Very Favorable Media Coverage Extremely Likely to Affect Sabra Health Care REIT (SBRA) Stock Price|
www.americanbankingnews.com - April 21 at 5:22 PM
| Brokerages Expect Sabra Health Care REIT Inc (SBRA) Will Announce Earnings of $0.58 Per Share|
www.americanbankingnews.com - April 20 at 9:03 AM
|Somewhat Favorable News Coverage Somewhat Likely to Affect Sabra Health Care REIT (SBRA) Share Price|
www.americanbankingnews.com - April 18 at 8:31 PM
|Sabra Health Care REIT (SBRA) Receives News Impact Rating of 0.53|
www.americanbankingnews.com - April 14 at 11:18 AM
|Sabra Health Care REIT Inc (SBRA) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - April 13 at 12:05 AM
|Sabra Health Care REIT Inc (SBRA) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - April 11 at 10:18 AM
|Sabra Health Care REIT Inc (SBRA) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - April 10 at 10:48 PM
|Jefferies Group Comments on Sabra Health Care REIT Inc's FY2017 Earnings (SBRA)|
www.americanbankingnews.com - April 10 at 7:53 AM
|Sabra Health Care REIT (SBRA) Passes Through 6% Yield Mark|
www.nasdaq.com - April 7 at 12:28 PM
|3 Recession-Proof REITs With Yields Up To 7.6%|
www.forbes.com - March 22 at 7:35 PM
|Sabra Health Care REIT, Inc. to Participate in Jefferies 2017 Healthcare REIT Summit|
finance.yahoo.com - March 21 at 7:24 PM
|Financials Stocks on Investors' Radar -- DCT Industrial Trust, National Storage Affiliates, CareTrust REIT, and ... - PR Newswire (press release)|
www.prnewswire.com - March 10 at 8:22 AM
|Top Ranked Income Stocks to Buy for March 6th|
finance.yahoo.com - March 6 at 7:00 PM
|SABRA HEALTH CARE REIT, INC. Financials|
us.rd.yahoo.com - March 2 at 7:50 PM
|Sabra Health Care REIT, Inc. to Present at the Barclays 2017 Global Healthcare Conference|
feeds.benzinga.com - March 1 at 4:33 PM
|SABRA HEALTH CARE REIT, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
us.rd.yahoo.com - March 1 at 10:06 AM
|Sabra Healthcare REIT Inc. (SBRA) PT Raised to $30 at Cantor Fitzgerald on 4Q FFO Beat; 'Re-Focused on Growth' - StreetInsider.com|
www.streetinsider.com - February 28 at 7:20 PM
|SABRA HEALTH CARE REIT, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - February 28 at 7:20 PM
|Sabra Healthcare REIT Inc. (SBRA) PT Raised to $28 at Mizuho on Positive ACA Repeal Commentary from Mgmt|
www.streetinsider.com - February 27 at 4:30 PM
|Sabra HealthCare's (SBRA) CEO Rick Matros on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 23 at 7:51 PM
Sabra Health Care REIT (SBRA) Chart for Thursday, May, 25, 2017