As of June 30, 2018, Sabra's investment portfolio included 487 real estate properties held for investment (consisting of (i) 352 Skilled Nursing/Transitional Care facilities, (ii) 89 Senior Housing communities (?Senior Housing - Leased?), (iii) 24 Senior Housing communities operated by third-party property managers pursuant to property management agreements (?Senior Housing - Managed?) and (iv) 22 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a direct financing lease, 22 investments in loans receivable (consisting of (i) one mortgage loan, (ii) two construction loans, (iii) one mezzanine loan, (iv) one pre-development loan and (v) 17 other loans), 13 preferred equity investments and one investment in an unconsolidated joint venture that owns 172 Senior Housing - Managed communities. As of June 30, 2018, Sabra's real estate properties held for investment included 50,030 beds/units and its unconsolidated joint venture included 7,652 beds/units, spread across the United States and Canada.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNASDAQ:SBRA
Previous Symbol
CUSIP78573L10
Phone888-393-8248
Debt
Debt-to-Equity Ratio1.00
Current Ratio3.16
Quick Ratio3.16
Price-To-Earnings
Trailing P/E Ratio8.79
Forward P/E Ratio8.70
P/E Growth2.58
Sales & Book Value
Annual Sales$405.65 million
Price / Sales9.44
Cash Flow$1.5007 per share
Price / Cash14.32
Book Value$19.28 per share
Price / Book1.11
Profitability
EPS (Most Recent Fiscal Year)$2.43
Net Income$158.38 million
Net Margins62.60%
Return on Equity11.21%
Return on Assets5.53%
Miscellaneous
Employees61
Outstanding Shares178,280,000
Market Cap$3.89 billion
OptionableN/A
Sabra Health Care REIT (NASDAQ:SBRA) Frequently Asked Questions
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 declared a quarterly dividend on Thursday, August 9th. Shareholders of record on Saturday, August 18th will be paid a dividend of $0.45 per share on Friday, August 31st. This represents a $1.80 dividend on an annualized basis and a yield of 8.38%. The ex-dividend date of this dividend is Thursday, August 16th. 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) issued its quarterly earnings data on Wednesday, August, 8th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.75. The real estate investment trust earned $166.31 million during the quarter, compared to analyst estimates of $166.62 million. Sabra Health Care REIT had a return on equity of 11.21% and a net margin of 62.60%. View Sabra Health Care REIT's Earnings History.
When is Sabra Health Care REIT's next earnings date?
What price target have analysts set for SBRA?
9 brokers have issued 12-month price objectives for Sabra Health Care REIT's shares. Their forecasts range from $19.00 to $26.00. On average, they expect Sabra Health Care REIT's stock price to reach $22.50 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Sabra Health Care REIT.
What is the consensus analysts' recommendation for Sabra Health Care REIT?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sabra Health Care REIT in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sabra Health Care REIT.
What are Wall Street analysts saying about Sabra Health Care REIT stock?
Here are some recent quotes from research analysts about Sabra Health Care 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. " (10/13/2018)
- 2. Cantor Fitzgerald analysts commented, "We rate SBRA $25 price target, based on our expectations for the recently completed combination with CCP, portfolio repositioning, and divestitures, most of which we expect to be completed in 2018. SBRA has an attractive dividend yield of 10.8%, with the company paying out 75% of normalized AFFO. Valuation Summary We arrive at our price target of $25 via a blended average of fair values derived from our DCF model, price/AFFO multiple and Net Asset Value analysis." (6/4/2018)
Who are some of Sabra Health Care REIT's key competitors?
Some companies that are related to Sabra Health Care REIT include Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Gecina (GECFF), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), Klepierre (KLPEF), Regency Centers (REG), UDR (UDR), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Iron Mountain (IRM) and Federal Realty Investment Trust (FRT).
Who are Sabra Health Care REIT's key executives?
Sabra Health Care REIT's management team includes the folowing people:
- Mr. Richard K. Matros, Chairman, Pres & CEO (Age 64)
- Mr. Harold W. Andrews Jr., Exec. VP, CFO, Sec. & Principal Accounting Officer (Age 54)
- Ms. Talya Nevo-Hacohen, Exec. VP, Chief Investment Officer & Treasurer (Age 58)
- Mr. Peter W. Nyland, Exec. VP of Asset Management
- Mr. Brent P. Chappell, Exec. VP & Portfolio Mang. (Age 53)
Who are Sabra Health Care REIT's major shareholders?
Sabra Health Care REIT's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.16%), State of New Jersey Common Pension Fund D (0.16%), Sumitomo Mitsui Asset Management Company LTD (0.10%), Pensionfund DSM Netherlands (0.07%), Aperio Group LLC (0.07%) and Texas Permanent School Fund (0.06%). Company insiders that own Sabra Health Care REIT stock include Harold W Jr Andrews and Milton J Walters. View Institutional Ownership Trends for Sabra Health Care REIT.
Which major investors are selling Sabra Health Care REIT stock?
SBRA stock was sold by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Pensionfund DSM Netherlands, Strs Ohio, State of New Jersey Common Pension Fund D, State of Alaska Department of Revenue, Atria Investments LLC and Texas Permanent School Fund. Company insiders that have sold Sabra Health Care REIT company stock in the last year include Harold W Jr Andrews and Milton J Walters. View Insider Buying and Selling for Sabra Health Care REIT.
Which major investors are buying Sabra Health Care REIT stock?
SBRA stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Aperio Group LLC, First Hawaiian Bank, Cornerstone Wealth Management LLC, First Citizens Bank & Trust Co., Winslow Evans & Crocker Inc. and NEXT Financial Group Inc. View Insider Buying and Selling for Sabra Health Care REIT.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Sabra Health Care REIT's stock price today?
One share of SBRA stock can currently be purchased for approximately $21.49.
How big of a company is Sabra Health Care REIT?
Sabra Health Care REIT has a market capitalization of $3.89 billion and generates $405.65 million in revenue each year. The real estate investment trust earns $158.38 million in net income (profit) each year or $2.43 on an earnings per share basis. Sabra Health Care REIT employs 61 workers across the globe.
What is Sabra Health Care REIT's official website?
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 real estate investment trust can be reached via phone at 888-393-8248 or via email at [email protected]
MarketBeat Community Rating for Sabra Health Care REIT (NASDAQ SBRA)
MarketBeat's community ratings are surveys of what our community members think about Sabra Health Care REIT and other stocks. Vote "Outperform" if you believe SBRA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBRA will underperform the S&P 500 over the long term. You may vote once every thirty days.
