As of September 30, 2018, Sabra's investment portfolio included 487 real estate properties held for investment (consisting of (i) 350 Skilled Nursing/Transitional Care facilities, (ii) 91 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 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), 11 preferred equity investments and one investment in an unconsolidated joint venture that owns 172 Senior Housing - Managed communities. As of September 30, 2018, Sabra's real estate properties held for investment included 49,954 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 Ratio2.88
Quick Ratio2.88
Price-To-Earnings
Trailing P/E Ratio7.93
Forward P/E Ratio8.20
P/E Growth2.4
Sales & Book Value
Annual Sales$405.65 million
Price / Sales8.47
Cash Flow$1.5221 per share
Price / Cash Flow12.66
Book Value$19.28 per share
Price / Book1.00
Profitability
EPS (Most Recent Fiscal Year)$2.43
Net Income$158.38 million
Net Margins61.85%
Return on Equity11.80%
Return on Assets5.76%
Miscellaneous
Employees61
Outstanding Shares178,290,000
Market Cap$3.44 billion
OptionableOptionable
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 Monday, November 5th. Investors of record on Thursday, November 15th will be given a dividend of $0.45 per share on Friday, November 30th. This represents a $1.80 annualized dividend and a dividend yield of 9.34%. The ex-dividend date of this dividend is Wednesday, November 14th. 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 Monday, November, 5th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.42. The real estate investment trust had revenue of $151.80 million for the quarter, compared to the consensus estimate of $162.64 million. Sabra Health Care REIT had a return on equity of 11.80% and a net margin of 61.85%. View Sabra Health Care REIT's Earnings History.
When is Sabra Health Care REIT's next earnings date?
What guidance has Sabra Health Care REIT issued on next quarter's earnings?
Sabra Health Care REIT issued an update on its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $2.14-2.17 for the period.
What price target have analysts set for SBRA?
10 equities research analysts have issued 12 month price targets for Sabra Health Care REIT's shares. Their forecasts range from $18.00 to $25.00. On average, they anticipate Sabra Health Care REIT's stock price to reach $21.7273 in the next twelve months. This suggests a possible upside of 12.8% 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?
10 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, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (11/17/2018)
- 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)
Has Sabra Health Care REIT been receiving favorable news coverage?
Media stories about SBRA stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sabra Health Care REIT earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
Are investors shorting Sabra Health Care REIT?
Sabra Health Care REIT saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 11,167,798 shares, a decline of 15.7% from the October 15th total of 13,248,215 shares. Based on an average trading volume of 1,548,588 shares, the days-to-cover ratio is presently 7.2 days. Currently, 6.3% of the company's shares are sold short. View Sabra Health Care REIT's Current Options Chain.
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), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Gecina (GECFF), Regency Centers (REG), Duke Realty (DRE), Klepierre (KLPEF), Federal Realty Investment Trust (FRT) and Iron Mountain (IRM).
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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.67%), BlackRock Inc. (14.34%), Cohen & Steers Inc. (11.96%), FMR LLC (3.81%), LSV Asset Management (2.24%) and Dimensional Fund Advisors LP (1.56%). 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 FMR LLC, Janus Henderson Group PLC, Forward Management LLC, American Century Companies Inc., River Road Asset Management LLC, Timbercreek Investment Management Inc., Allianz Asset Management GmbH and Wedge Capital Management L L P NC. 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 Cohen & Steers Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Mirae Asset Global Investments Co. Ltd., Castleark Management LLC, Systematic Financial Management LP, Standard Life Aberdeen plc and LSV Asset Management. 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 $19.27.
How big of a company is Sabra Health Care REIT?
Sabra Health Care REIT has a market capitalization of $3.44 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.
