NASDAQ:SBRA

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

$13.94

-0.06 (-0.43%)

(As of 09/29/2023 ET)

Compare

Today's Range: $13.86
▼
$14.19
50-Day Range: $11.81
▼
$14.06
52-Week Range: $10.08
▼
$14.32

Volume: 1.74 million shs
Average Volume: 2.95 million shs
Market Capitalization: $3.22 billion

P/E Ratio: N/A
Dividend Yield: 8.61%
Price Target: $13.35

Sabra Health Care REIT MarketRank™ Forecast

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 4.2% Downside
$13.35 Price Target
Short Interest: Bearish
6.75% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.51
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$24,591 Bought Last Quarter
Proj. Earnings Growth: 4.55%
From $1.32 to $1.38 Per Share

Overall MarketRank^™

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

1.56 out of 5 stars

Finance Sector

820th out of 880 stocks

Real Estate Investment Trusts Industry

171st out of 184 stocks

1.1

Analyst's Opinion

Consensus Rating
Sabra Health Care REIT has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 2 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $13.35, Sabra Health Care REIT has a forecasted downside of 4.2% from its current price of $13.94.
Amount of Analyst Coverage
Sabra Health Care REIT has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.75% 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 6.7.
Change versus previous month
Short interest in Sabra Health Care REIT has recently increased by 14.36%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Sabra Health Care REIT is a leading dividend payer. It pays a dividend yield of 8.57%, 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 86.96% 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.

3.6

News and Social Media Coverage

News Sentiment
Sabra Health Care REIT has a news sentiment score of 1.51. 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 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Sabra Health Care REIT this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for SBRA on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
MarketBeat Follows
15 people have added Sabra Health Care REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 275% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sabra Health Care REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,591.00 in company stock and sold $0.00 in 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 4.55% in the coming year, from $1.32 to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sabra Health Care REIT is -25.81, 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 -25.81, 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 1.05. 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 (NASDAQ:SBRA) Stock

As of June 30, 2023, Sabra's investment portfolio included 392 real estate properties held for investment (consisting of (i) 253 Skilled Nursing/Transitional Care facilities, (ii) 45 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), 13 investments in loans receivable (consisting of two mortgage loans and 11 other loans), five preferred equity investments and two investments in unconsolidated joint ventures. As of June 30, 2023, Sabra's real estate properties held for investment included 38,899 beds/units, spread across the United States and Canada.

SBRA Price History

30 days | 90 days | 365 days | Advanced Chart

SBRA Stock News Headlines

September 28, 2023 | marketbeat.com

Nursing Home REITs: The Surprise Heroes of High Yield Investing

Income seekers are finding value and yield in nursing home REITs Omega, Sabra and LTC Properties, as they offer stable dividends and tax benefits.

September 24, 2023 | americanbankingnews.com

Sabra Health Care REIT (NASDAQ:SBRA) Hits New 1-Year High at $14.17

September 30, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

September 23, 2023 | americanbankingnews.com

Sabra Health Care REIT (NASDAQ:SBRA) Upgraded at Jefferies Financial Group

September 22, 2023 | americanbankingnews.com

Jefferies Financial Group Upgrades Sabra Health Care REIT (NASDAQ:SBRA) to "Buy"

September 21, 2023 | americanbankingnews.com

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

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 30, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

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

September 19, 2023 | finance.yahoo.com

Sabra Health Care REIT, Inc. to Participate in the AHCA / NCAL Convention and Expo and the INVEST Conference

August 31, 2023 | benzinga.com

Sabra Health Care REIT Updates Shareholder Engagement Strategy to Reflect Changing Business Conditions

August 29, 2023 | finance.yahoo.com

Sabra Health Care REIT, Inc. to Participate in the eCap West Healthcare Conference and BofA Securities 2023 Global Real Estate Conference

August 15, 2023 | markets.businessinsider.com

JMP Securities Sticks to Their Hold Rating for Sabra Healthcare REIT (SBRA)

August 14, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Sell Rating on Sabra Healthcare REIT (SBRA)

August 11, 2023 | msn.com

B of A Securities Upgrades Sabra Healthcare REIT (SBRA)

August 8, 2023 | finance.yahoo.com

Sabra Reports Second Quarter 2023 Results

August 6, 2023 | markets.businessinsider.com

Sabra Health Care REIT earnings: here's what to expect

July 25, 2023 | finance.yahoo.com

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

July 24, 2023 | finance.yahoo.com

Sabra Publishes Third Annual Sustainability Report

July 18, 2023 | finance.yahoo.com

3 REITs To Sell Before They Do Your Portfolio In

July 17, 2023 | msn.com

Sabra Health Care REIT: 9.6% Yield, Price And Prognosis Improving

July 15, 2023 | msn.com

Citigroup Maintains Sabra Healthcare REIT (SBRA) Neutral Recommendation

July 14, 2023 | markets.businessinsider.com

Expert Ratings for Sabra Health Care REIT

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SBRA Company Calendar

Last Earnings: 5/04/2022
Ex-Dividend for 8/31 Dividend: 8/16/2023
Dividend Payable: 8/31/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $13.35
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: -4.2%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.56
P/E Growth: N/A
Net Income: $-77,610,000.00
Net Margins: -19.63%
Pretax Margin: -4.36%
Return on Equity: -4.05%
Return on Assets: -2.18%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 3.69
Quick Ratio: 3.69

Sales & Book Value

Annual Sales: $624.81 million
Price / Sales: 5.16
Cash Flow: $0.48 per share
Price / Cash Flow: 28.78
Book Value: $13.23 per share
Price / Book: 1.05

Miscellaneous

Outstanding Shares: 231,220,000
Free Float: 228,907,000
Market Cap: $3.22 billion
Optionable: Optionable
Beta: 1.29

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Key Executives

Mr. Richard K. Matros (Age 69)
Chairman, Pres & CEO
Comp: $2.52M

Mr. Michael Lourenco Costa (Age 44)
Exec. VP, CFO, Principal Accounting Officer & Sec.
Comp: $799.16k

Ms. Talya Nevo-Hacohen (Age 63)
Exec. VP, Chief Investment Officer & Treasurer
Comp: $1.32M

Mr. Harold W. Andrews Jr. (Age 59)
Consultant

Mr. Peter W. Nyland
Exec. VP of Asset Management

Mr. Darrin L. Smith
Exec. VP of Investments

Mr. Lukas Michael Hartwich C.F.A.
Sr. VP of Fin.

Ms. Eliza Gozar
Sr. VP of Investments

Ms. Jessica Flores
Sr. VP of Fin. & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SBRA Stock - Frequently Asked Questions

Should I buy or sell Sabra Health Care REIT stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings 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.
View SBRA analyst ratings or view top-rated stocks.
What is Sabra Health Care REIT's stock price forecast for 2023?: 9 Wall Street analysts have issued 1 year target prices for Sabra Health Care REIT's shares. Their SBRA share price forecasts range from $11.00 to $15.00. On average, they predict the company's stock price to reach $13.35 in the next twelve months. This suggests that the stock has a possible downside of 4.2%.
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 2023. Since then, SBRA stock has increased by 12.1% and is now trading at $13.94.
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 Monday, November 6th 2023.
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 data on Wednesday, May, 4th. The real estate investment trust reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. Sabra Health Care REIT had a negative net margin of 19.63% and a negative trailing twelve-month return on equity of 4.05%. During the same quarter in the previous year, the business earned $0.39 earnings per share.
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, August 7th. Shareholders of record on Thursday, August 17th will be given a dividend of $0.30 per share on Thursday, August 31st. This represents a $1.20 annualized dividend and a dividend yield of 8.61%. The ex-dividend date is Wednesday, August 16th.
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).
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 8.74%. 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 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).
What is Sabra Health Care REIT's stock symbol?: Sabra Health Care REIT trades on the NASDAQ under the ticker symbol "SBRA."
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.
What is Sabra Health Care REIT's stock price today?: One share of SBRA stock can currently be purchased for approximately $13.94.
How much money does Sabra Health Care REIT make?: Sabra Health Care REIT (NASDAQ:SBRA) has a market capitalization of $3.22 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 ($0.54) on an earnings per share basis.
How can I contact Sabra Health Care REIT?: 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.

This page (NASDAQ:SBRA) was last updated on 9/30/2023 by MarketBeat.com Staff

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