NASDAQ:SBRASabra Health Care REIT Stock Price, Forecast & News

Sabra Health Care REIT's stock was trading at $13.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SBRA shares have increased by 2.8% and is now trading at $13.71. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sabra Health Care REIT.

Sabra Health Care REIT is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Sabra Health Care REIT.

Sabra Health Care REIT Inc (NASDAQ:SBRA) announced its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.27. The real estate investment trust had revenue of $149.35 million for the quarter, compared to analysts' expectations of $154.28 million. Sabra Health Care REIT had a net margin of 26.98% and a return on equity of 5.42%. View Sabra Health Care REIT's earnings history.

Sabra Health Care REIT declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Monday, May 18th will be given a dividend of $0.30 per share on Friday, May 29th. This represents a $1.20 annualized dividend and a dividend yield of 8.75%. The ex-dividend date is Friday, May 15th. View Sabra Health Care REIT's dividend history.

9 brokers have issued 12 month target prices for Sabra Health Care REIT's shares. Their forecasts range from $14.00 to $25.00. On average, they anticipate Sabra Health Care REIT's share price to reach $17.88 in the next year. This suggests a possible upside of 30.4% from the stock's current price. View analysts' price targets for Sabra Health Care REIT.

Headlines about SBRA stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sabra Health Care REIT earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Sabra Health Care REIT.

Some companies that are related to Sabra Health Care REIT include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Potlatchdeltic (PCH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabra Health Care REIT investors own include Omega Healthcare Investors (OHI), AT&T (T), Realty Income (O), Medical Properties Trust (MPW), Verizon Communications (VZ), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Ventas (VTR), Alibaba Group (BABA) and ANNALY CAP MGMT/SH (NLY).

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

Sabra Health Care REIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.48%), Pensionfund DSM Netherlands (0.06%), Gateway Investment Advisers LLC (0.06%), Envestnet Asset Management Inc. (0.05%), Louisiana State Employees Retirement System (0.02%) and MERIAN GLOBAL INVESTORS UK Ltd (0.02%). Company insiders that own Sabra Health Care REIT stock include Michael J Foster, Raymond J Lewis, Richard K Matros and Robert A Ettl. View institutional ownership trends for Sabra Health Care REIT.

SBRA stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Gateway Investment Advisers LLC, and First Citizens Bank & Trust Co.. Company insiders that have sold Sabra Health Care REIT company stock in the last year include Michael J Foster, Raymond J Lewis, Richard K Matros, and Robert A Ettl. View insider buying and selling activity for Sabra Health Care REIT.

SBRA stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedbush Securities Inc., Pensionfund DSM Netherlands, Louisiana State Employees Retirement System, Wedge Capital Management L L P NC, and Whittier Trust Co.. View insider buying and selling activity for Sabra Health Care REIT.

Shares of SBRA 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 SBRA stock can currently be purchased for approximately $13.71.

Sabra Health Care REIT has a market capitalization of $2.82 billion and generates $661.74 million in revenue each year. The real estate investment trust earns $69 million in net income (profit) each year or $1.86 on an earnings per share basis. Sabra Health Care REIT employs 31 workers across the globe.

The official website for Sabra Health Care REIT is www.sabrahealth.com.

Sabra Health Care REIT's mailing address is 18500 VON KARMAN AVENUE SUITE 550, IRVINE CA, 92612. The real estate investment trust can be reached via phone at 888-393-8248 or via email at [email protected]com.