Sabra Healthcare REIT Company Profile (NASDAQ:SBRA)

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

Sabra Healthcare REIT declared a quarterly dividend on Monday, May 8th. Shareholders of record on Thursday, May 18th will be given a dividend of $0.43 per share on Wednesday, May 31st. This represents a $1.72 annualized dividend and a yield of 7.33%. The ex-dividend date of this dividend is Tuesday, May 16th. This is an increase from Sabra Healthcare REIT's previous quarterly dividend of $0.42. View Sabra Healthcare REIT's Dividend History.

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) posted its quarterly earnings data on Monday, May, 8th. The company reported $0.25 EPS for the quarter, missing the consensus estimate 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 Healthcare REIT had a net margin of 40.22% and a return on equity of 10.35%. Sabra Healthcare REIT's quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 earnings per share. View Sabra Healthcare REIT's Earnings History.

Sabra Healthcare 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 earnings per share estimate of $2.34.

9 analysts have issued 1 year price targets for Sabra Healthcare REIT's shares. Their predictions range from $23.00 to $30.00. On average, they anticipate Sabra Healthcare REIT's share price to reach $25.67 in the next year. View Analyst Ratings for Sabra Healthcare REIT.

Here are some recent quotes from research analysts about Sabra Healthcare REIT stock:

• 1. 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. " (7/11/2017)
• 2. 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)
• 3. 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)
• 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)

Sabra Healthcare REIT saw a increase in short interest in June. As of June 30th, there was short interest totalling 14,410,744 shares, an increase of 21.3% from the June 15th total of 11,881,176 shares. Based on an average daily volume of 1,567,751 shares, the short-interest ratio is presently 9.2 days. Currently, 22.7% of the shares of the company are short sold.

Some companies that are related to Sabra Healthcare REIT include Welltower (HCN), Ventas (VTR), HCP (HCP), Omega Healthcare Investors (OHI), Healthcare Trust Of America (HTA), Medical Properties Trust (MPW), Healthcare Realty Trust Incorporated (HR), National Health Investors (NHI), Physicians Realty Trust (DOC), Care Capital Properties (CCP), LTC Properties (LTC), Assura PLC (AGR), Primary Health Properties PLC (PHP), MedEquities Realty Trust (MRT), Community Healthcare Trust Incorporated (CHCT), Aviv REIT (AVIV), CareTrust REIT (CTRE) and Global Medical REIT (GMRE).

Sabra Healthcare REIT's management team includes the folowing people:

• Richard K. Matros, Chairman of the Board, President, Chief Executive Officer
• Harold W. Andrews Jr., Chief Financial Officer, Executive Vice President, Secretary
• Talya Nevo-Hacohen, Executive Vice President, Chief Investment Officer, Treasurer
• Michael J. Foster J.D., Lead Independent Director
• Craig A. Barbarosh, Independent Director
• Robert A. Ettl, Independent Director
• Milton J. Walters, Independent Director

Sabra Healthcare REIT's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management US Inc. (0.00%), Copper Rock Capital Partners LLC (0.00%), Smith Graham & Co. Investment Advisors LP (0.00%), Pensionfund DSM Netherlands (0.00%), State of Alaska Department of Revenue (0.00%) and Forsta AP Fonden (0.00%). Company insiders that own Sabra Healthcare REIT stock include Harold W Jr Andrews, Michael J Foster and Milton J Walters. View Institutional Ownership Trends for Sabra Healthcare REIT.

Sabra Healthcare REIT's stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Nisa Investment Advisors LLC and Capstone Asset Management Co.. View Insider Buying and Selling for Sabra Healthcare REIT.

Sabra Healthcare REIT's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management US Inc., Smith Graham & Co. Investment Advisors LP, Forsta AP Fonden, Bank of Montreal Can, State of Alaska Department of Revenue, Aperio Group LLC and Creative Planning. Company insiders that have bought Sabra Healthcare REIT stock in the last two years include Harold W Jr Andrews and Michael J Foster. View Insider Buying and Selling for Sabra Healthcare REIT.

Shares of Sabra Healthcare 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.

One share of Sabra Healthcare REIT stock can currently be purchased for approximately $23.45.