NASDAQ:SBRA

Sabra Health Care REIT Stock Forecast, Price & News

$17.20

-0.36 (-2.05 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$17.08

Now: $17.20▼

$17.45

50-Day Range

$16.84

MA: $17.50▼

$18.25

52-Week Range

$5.55

Now: $17.20▼

$22.55

Volume714,898 shs

Average Volume1.32 million shs

Market Capitalization$3.56 billion

P/E Ratio24.92

Dividend Yield6.83%

Beta1.49

As of September 30, 2020, Sabra's investment portfolio included 425 real estate properties held for investment (consisting of (i) 287 Skilled Nursing/Transitional Care facilities, (ii) 64 Senior Housing communities (ÂSenior Housing - LeasedÂ), (iii) 47 Senior Housing communities operated by third-party property managers pursuant to property management agreements (ÂSenior Housing - ManagedÂ) and (iv) 27 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a direct financing lease, 19 investments in loans receivable (consisting of (i) one mortgage loan, (ii) one construction loan and (iii) 17 other loans), six preferred equity investments and one investment in an unconsolidated joint venture that owns 158 Senior Housing - Managed communities. As of September 30, 2020, Sabra's real estate properties held for investment included 42,378 beds/units and its unconsolidated joint venture included 7,056 beds/units, spread across the United States and Canada.

MarketRank^™

Overall MarketRank^™

1.81 out of 5 stars

Finance Sector

503rd out of 1,942 stocks

Real Estate Investment Trusts Industry

121st out of 273 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 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $17.54, Sabra Health Care REIT has a forecasted upside of 2.0% from its current price of $17.20.
Amount of Analyst Coverage
Sabra Health Care REIT has only been the subject of 4 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Sabra Health Care REIT has received 479 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sabra Health Care REIT has received 581 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sabra Health Care REIT has received 54.81% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Sabra Health Care REIT is a leading dividend payer. It pays a dividend yield of 7.02%, 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 Coverage
The dividend payout ratio of Sabra Health Care REIT is 64.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sabra Health Care REIT will have a dividend payout ratio of 68.97% next year. This indicates that Sabra Health Care REIT will be able to sustain or increase its dividend.

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 1.10% of the stock of Sabra Health Care REIT is held by insiders.
Percentage Held by Institutions
88.94% 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 decrease by -1.69% in the coming year, from $1.77 to $1.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sabra Health Care REIT is 24.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sabra Health Care REIT is 24.93, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.01.
Price to Book Value per Share Ratio
Sabra Health Care REIT has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Real estate investment trusts

Sub-IndustrySpecialized REITs

SectorFinance

Current SymbolNASDAQ:SBRA

Previous Symbol

CUSIP78573L10

CIK1492298

Webwww.sabrahealth.com

Phone888-393-8248

Employees34

Debt

Debt-to-Equity Ratio0.72

Current Ratio1.01

Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio24.92

Forward P/E Ratio9.71

P/E GrowthN/A

Sales & Book Value

Annual Sales$661.74 million

Price / Sales5.38

Cash Flow$1.24 per share

Price / Cash Flow13.89

Book Value$17.24 per share

Price / Book1.00

Profitability

EPS (Most Recent Fiscal Year)$1.86

Net Income$69 million

Net Margins23.42%

Return on Equity4.15%

Return on Assets2.33%

Miscellaneous

Outstanding Shares206,928,000

Market Cap$3.56 billion

Next Earnings Date2/22/2021 (Estimated)

OptionableOptionable

$17.20

-0.36 (-2.05 %)

(As of 01/21/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Sabra Health Care REIT (NASDAQ:SBRA) Frequently Asked Questions

How has Sabra Health Care REIT's stock price been impacted by Coronavirus?

Sabra Health Care REIT's stock was trading at $13.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SBRA stock has increased by 28.9% and is now trading at $17.1950.
View which stocks have been most impacted by COVID-19.

Is Sabra Health Care REIT a buy right now?

12 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, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Sabra Health Care REIT stock. 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 analyst ratings for Sabra Health Care REIT or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Sabra Health Care REIT?

Wall Street analysts have given Sabra Health Care REIT a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sabra Health Care REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Sabra Health Care REIT's CEO?

1,448 employees have rated Sabra Health Care REIT CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Sabra Health Care REIT's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

Sabra Health Care REIT is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Sabra Health Care REIT.

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

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) released its quarterly earnings results on Thursday, November, 5th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.24. Sabra Health Care REIT had a return on equity of 4.15% and a net margin of 23.42%.
View Sabra Health Care REIT's earnings history.

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, November 5th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.30 per share on Monday, November 30th. This represents a $1.20 annualized dividend and a yield of 6.98%. The ex-dividend date of this dividend is Friday, November 13th.
View Sabra Health Care REIT's dividend history.

Is Sabra Health Care REIT a good dividend stock?

Sabra Health Care REIT pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.83%. SBRA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Sabra Health Care REIT is 64.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sabra Health Care REIT will have a dividend payout ratio of 68.97% next year. This indicates that Sabra Health Care REIT will be able to sustain or increase its dividend.
View Sabra Health Care REIT's dividend history.

What price target have analysts set for SBRA?

12 analysts have issued 12 month target prices for Sabra Health Care REIT's stock. Their forecasts range from $14.00 to $25.00. On average, they anticipate Sabra Health Care REIT's share price to reach $17.54 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for Sabra Health Care REIT or view Wall Street analyst' top-rated stocks.

Who are some of Sabra Health Care REIT's key competitors?

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

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 key executives?

Sabra Health Care REIT's management team includes the following people:

Mr. Richard K. Matros, Chairman, Pres & CEO (Age 66, Pay $900k)
Mr. Harold W. Andrews Jr., Exec. VP, CFO & Sec. (Age 56, Pay $561.2k)
Ms. Talya Nevo-Hacohen, Exec. VP, Chief Investment Officer & Treasurer (Age 60, Pay $561.2k)
Mr. Peter W. Nyland, Exec. VP of Asset Management
Mr. Brent P. Chappell, Exec. VP & Portfolio Mang. (Age 55)
Mr. Michael Costa, Exec. VP of Fin.
Mr. Darrin L. Smith, Exec. VP of Investments

What is Sabra Health Care REIT's stock symbol?

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

Who are Sabra Health Care REIT's major shareholders?

Sabra Health Care REIT's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.42%), Gilman Hill Asset Management LLC (0.15%), State of Alaska Department of Revenue (0.04%), Pacer Advisors Inc. (0.01%), Redpoint Investment Management Pty Ltd (0.01%) and Stock Yards Bank & Trust Co. (0.01%). 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.

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 Wedge Capital Management L L P NC, Pacer Advisors Inc., Gilman Hill Asset Management LLC, Stock Yards Bank & Trust Co., and State of Alaska Department of Revenue.
View insider buying and selling activity for Sabra Health Care REIT or view top insider-selling stocks.

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 Redpoint Investment Management Pty Ltd.
View insider buying and selling activity for Sabra Health Care REIT or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, 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 $17.20.

How big of a company is Sabra Health Care REIT?

Sabra Health Care REIT has a market capitalization of $3.56 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 34 workers across the globe.

What is Sabra Health Care REIT's official website?

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

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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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