Should I buy or sell Sabra Health Care REIT stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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. View SBRA analyst ratings or view top-rated stocks .

What is Sabra Health Care REIT's stock price target for 2024?

11 equities research analysts have issued 12-month price targets for Sabra Health Care REIT's shares. Their SBRA share price targets range from $12.50 to $16.00. On average, they expect the company's share price to reach $14.59 in the next year. This suggests a possible upside of 2.7% from the stock's current price. View analysts price targets for SBRA or view top-rated stocks among Wall Street analysts .

How have SBRA shares performed in 2023?

Sabra Health Care REIT's stock was trading at $12.43 at the beginning of the year. Since then, SBRA stock has increased by 14.3% and is now trading at $14.21. View the best growth stocks for 2023 here .

When is Sabra Health Care REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our SBRA earnings forecast .

How were Sabra Health Care REIT's earnings last quarter?

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) released its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. Sabra Health Care REIT had a negative net margin of 13.61% and a negative trailing twelve-month return on equity of 2.98%. During the same period last year, the company posted $0.39 EPS.

How often does Sabra Health Care REIT pay dividends? What is the dividend yield for Sabra Health Care REIT?

Sabra Health Care REIT declared a quarterly dividend on Monday, November 6th. Investors of record on Friday, November 17th will be paid a dividend of $0.30 per share on Thursday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 8.44%. The ex-dividend date of this dividend is Thursday, November 16th. Read our dividend analysis for SBRA .

Is Sabra Health Care REIT a good dividend stock?

Sabra Health Care REIT (NASDAQ:SBRA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.18%. 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 .

What ETFs hold Sabra Health Care REIT's stock?

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) , Principal Real Estate Active Opportunities ETF (BYRE) , ALPS REIT Dividend Dogs ETF (RDOG) , JPMorgan Realty Income ETF (JPRE) , Cambria Global Real Estate ETF (BLDG) , Hoya Capital High Dividend Yield ETF (RIET) , Global X SuperDividend ETF (SDIV) and iShares Residential and Multisector Real Estate ETF (REZ) .

What other stocks do shareholders of Sabra Health Care REIT own?

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) .

Who are Sabra Health Care REIT's major shareholders?

Sabra Health Care REIT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (9.08%), JPMorgan Chase & Co. (5.84%), Bank of New York Mellon Corp (2.13%), LSV Asset Management (1.85%), Charles Schwab Investment Management Inc. (1.77%) and Northern Trust Corp (1.45%). Insiders that own company stock include Catherine Cusack , Harold W Jr Andrews , Michael J Foster and Michael Lourenco Costa . View institutional ownership trends .

How do I buy shares of Sabra Health Care REIT?

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. Compare Top Brokerages Here .

Positive News SentimentPositive News

Sabra Health Care REIT Stock Price, News & Analysis (NASDAQ:SBRA)

$14.21

+0.13 (+0.92%)

(As of 12/7/2023 ET)

Compare

Today's Range: $14.03
▼
$14.32
50-Day Range: $13.41
▼
$14.67
52-Week Range: $10.08
▼
$14.82

Volume: 1.95 million shs
Average Volume: 2.24 million shs
Market Capitalization: $3.29 billion

P/E Ratio: N/A
Dividend Yield: 8.44%
Price Target: $14.59

Sabra Health Care REIT MarketRank™ Stock Analysis

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 2.7% Upside
$14.59 Price Target
Short Interest: Healthy
4.90% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.75
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.11%
From $1.31 to $1.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

400th out of 699 stocks

Real Estate Investment Trusts Industry

84th out of 145 stocks

2.2

Analyst's Opinion

Consensus Rating
Sabra Health Care REIT has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.59, Sabra Health Care REIT has a forecasted upside of 2.7% from its current price of $14.21.
Amount of Analyst Coverage
Sabra Health Care REIT has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
4.90% of the outstanding shares of Sabra Health Care REIT have been sold short.
Short Interest Ratio / Days to Cover
Sabra Health Care REIT has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Sabra Health Care REIT has recently decreased by 1.65%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Sabra Health Care REIT is a leading dividend payer. It pays a dividend yield of 8.18%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Sabra Health Care REIT does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Sabra Health Care REIT will have a dividend payout ratio of 86.33% in the coming year. This indicates that Sabra Health Care REIT may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SBRA.

4.3

News and Social Media Coverage

News Sentiment
Sabra Health Care REIT has a news sentiment score of 1.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Sabra Health Care REIT this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for SBRA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
4 people have added Sabra Health Care REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sabra Health Care REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Sabra Health Care REIT is held by insiders.
Percentage Held by Institutions
86.36% of the stock of Sabra Health Care REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sabra Health Care REIT are expected to grow by 6.11% in the coming year, from $1.31 to $1.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sabra Health Care REIT is -36.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sabra Health Care REIT is -36.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sabra Health Care REIT has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sabra Health Care REIT Stock (NASDAQ:SBRA)

As of September 30, 2023, Sabra's investment portfolio included 377 real estate properties held for investment (consisting of (i) 240 Skilled Nursing/Transitional Care facilities, (ii) 43 senior housing communities (Senior Housing - Leased), (iii) 61 senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed), (iv) 18 Behavioral Health facilities and (v) 15 Specialty Hospitals and Other facilities), 12 investments in loans receivable (consisting of two mortgage loans and 10 other loans), five preferred equity investments and two investments in unconsolidated joint ventures. As of September 30, 2023, Sabra's real estate properties held for investment included 37,606 beds/units, spread across the United States and Canada.

SBRA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBRA Stock News Headlines

December 5, 2023 | americanbankingnews.com

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Receives Consensus Recommendation of "Hold" from Analysts

December 1, 2023 | seekingalpha.com

Sabra Health Care REIT: Setup For Growth In 2024, But We Prefer Another REIT

December 7, 2023 | Edge On The Street (Ad)

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November 17, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Hold Rating on Sabra Healthcare REIT (SBRA)

November 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Sabra Healthcare REIT (SBRA) and Realty Income (O)

November 8, 2023 | finance.yahoo.com

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Q3 2023 Sabra Health Care REIT Inc Earnings Call

November 6, 2023 | finance.yahoo.com

Sabra Reports Third Quarter 2023 Results

December 7, 2023 | Financial Alphas (Ad)

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November 6, 2023 | finance.yahoo.com

Sabra Health Care REIT Inc (SBRA) Reports Q3 2023 Earnings

October 31, 2023 | benzinga.com

Sabra Health Care REIT, Inc. to Attend Nareit's REITworld 2023 Annual Conference

October 23, 2023 | finance.yahoo.com

Sabra Health Care REIT, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call

October 18, 2023 | markets.businessinsider.com

Hold Recommendation for Sabra Healthcare REIT Amidst Strong Performance and Balanced Risk/Reward

October 18, 2023 | msn.com

Wells Fargo Maintains Sabra Healthcare REIT (SBRA) Equal-Weight Recommendation

October 17, 2023 | msn.com

BMO Capital Downgrades Sabra Healthcare REIT (SBRA)

October 17, 2023 | msn.com

Sabra Health Care REIT downgraded at BMO on profit-taking opportunity

October 16, 2023 | benzinga.com

Analysts Just Upgraded These Three Healthcare REITs

October 16, 2023 | msn.com

Wells Fargo Upgrades Sabra Healthcare REIT (SBRA)

October 13, 2023 | finance.yahoo.com

2 Big Dividend Stocks Offering up to 8% Yield; Bank of America Says ‘Buy’

October 10, 2023 | markets.businessinsider.com

Analyst Ratings for Sabra Health Care REIT

October 3, 2023 | msn.com

Wedbush Initiates Coverage of Sabra Healthcare REIT (SBRA) with Outperform Recommendation

September 20, 2023 | msn.com

Sabra Health Care raised to Buy, CareTrust rated new Buy at Jefferies

September 20, 2023 | msn.com

Jefferies Upgrades Sabra Healthcare REIT (SBRA)

September 20, 2023 | markets.businessinsider.com

Where Sabra Health Care REIT Stands With Analysts

September 20, 2023 | finance.yahoo.com

Unveiling Sabra Health Care REIT (SBRA)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 20, 2023 | finance.yahoo.com

Unraveling the Future of Sabra Health Care REIT Inc (SBRA): A Deep Dive into Key Metrics

September 20, 2023 | seekingalpha.com

Sabra Health Care: A 9% Yielding Healthcare REIT

See More Headlines

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Company Calendar

Last Earnings: 5/04/2022
Ex-Dividend for 11/30 Dividend: 11/16/2023
Dividend Payable: 11/30/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: Specialized REITs
Sector: Finance
Current Symbol: NASDAQ:SBRA
CUSIP: 78573L10
CIK: 1492298
Web: www.sabrahealth.com
Phone: (888) 393-8248
Fax: 949-679-8868
Employees: 42
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.59
High Stock Price Target: $16.00
Low Stock Price Target: $12.50
Potential Upside/Downside: +2.3%
Consensus Rating: Hold
Rating Score (0-4): 2.45
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.39)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.89
P/E Growth: N/A
Net Income: $-77,610,000.00
Net Margins: -13.61%
Pretax Margin: 0.58%
Return on Equity: -2.98%
Return on Assets: -1.59%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 3.57
Quick Ratio: 3.57

Sales & Book Value

Annual Sales: $624.81 million
Price / Sales: 5.28
Cash Flow: $0.46 per share
Price / Cash Flow: 30.75
Book Value: $13.23 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 231,220,000
Free Float: 228,908,000
Market Cap: $3.30 billion
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Richard K. Matros (Age 69)
Chairman, President & CEO
Comp: $2.52M
Mr. Michael Lourenco Costa (Age 44)
Executive VP, CFO, Principal Accounting Officer & Secretary
Comp: $799.16k
Ms. Talya Nevo-Hacohen (Age 63)
Executive VP, Chief Investment Officer & Treasurer
Comp: $1.32M
Mr. Harold W. Andrews Jr. (Age 59)
Consultant
Comp: $1M
Mr. Peter W. Nyland
Executive Vice President of Asset Management
Mr. Darrin L. Smith
Executive Vice President of Investments
Mr. Lukas Michael Hartwich C.F.A.
Senior Vice President of Finance
Ms. Eliza Gozar
Senior Vice President of Investments
Ms. Jessica Flores
Senior VP of Finance & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SBRA Stock Analysis - Frequently Asked Questions

Should I buy or sell Sabra Health Care REIT stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.
View SBRA analyst ratings or view top-rated stocks.
What is Sabra Health Care REIT's stock price target for 2024?: 11 equities research analysts have issued 12-month price targets for Sabra Health Care REIT's shares. Their SBRA share price targets range from $12.50 to $16.00. On average, they expect the company's share price to reach $14.59 in the next year. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for SBRA or view top-rated stocks among Wall Street analysts.
How have SBRA shares performed in 2023?: Sabra Health Care REIT's stock was trading at $12.43 at the beginning of the year. Since then, SBRA stock has increased by 14.3% and is now trading at $14.21.
View the best growth stocks for 2023 here.
When is Sabra Health Care REIT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our SBRA earnings forecast.
How were Sabra Health Care REIT's earnings last quarter?: Sabra Health Care REIT, Inc. (NASDAQ:SBRA) released its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. Sabra Health Care REIT had a negative net margin of 13.61% and a negative trailing twelve-month return on equity of 2.98%. During the same period last year, the company posted $0.39 EPS.
How often does Sabra Health Care REIT pay dividends? What is the dividend yield for Sabra Health Care REIT?: Sabra Health Care REIT declared a quarterly dividend on Monday, November 6th. Investors of record on Friday, November 17th will be paid a dividend of $0.30 per share on Thursday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 8.44%. The ex-dividend date of this dividend is Thursday, November 16th.
Read our dividend analysis for SBRA.

Is Sabra Health Care REIT a good dividend stock?: Sabra Health Care REIT (NASDAQ:SBRA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.18%. 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.
What ETFs hold Sabra Health Care REIT's stock?: 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), Principal Real Estate Active Opportunities ETF (BYRE), ALPS REIT Dividend Dogs ETF (RDOG), JPMorgan Realty Income ETF (JPRE), Cambria Global Real Estate ETF (BLDG), Hoya Capital High Dividend Yield ETF (RIET), Global X SuperDividend ETF (SDIV) and iShares Residential and Multisector Real Estate ETF (REZ).
What other stocks do shareholders of Sabra Health Care REIT own?: 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).
Who are Sabra Health Care REIT's major shareholders?: Sabra Health Care REIT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (9.08%), JPMorgan Chase & Co. (5.84%), Bank of New York Mellon Corp (2.13%), LSV Asset Management (1.85%), Charles Schwab Investment Management Inc. (1.77%) and Northern Trust Corp (1.45%). Insiders that own company stock include Catherine Cusack, Harold W Jr Andrews, Michael J Foster and Michael Lourenco Costa.
View institutional ownership trends.
How do I buy shares of Sabra Health Care REIT?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:SBRA) was last updated on 12/7/2023 by MarketBeat.com Staff

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