Sabra Healthcare REIT Company Profile (NASDAQ:SBRA)

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

Sabra Healthcare REIT announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.3599 per share on Friday, August 18th. This represents a $1.44 annualized dividend and a yield of 6.48%. The ex-dividend date is Monday, August 14th. View Sabra Healthcare REIT's Dividend History.

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) released its quarterly earnings results on Monday, August, 1st. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $74.20 million for the quarter, compared to analysts' expectations of $56.04 million. Sabra Healthcare REIT had a return on equity of 8.72% and a net margin of 34.99%. The company's revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the business earned $0.53 earnings per share. View Sabra Healthcare REIT's Earnings History.

Sabra Healthcare REIT is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Sabra Healthcare REIT.

Sabra Healthcare REIT issued an update on its FY18 earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of $2.41-2.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.51. Sabra Healthcare REIT also updated its FY17 guidance to $2.29-2.33 EPS.

7 brokerages have issued 1 year price targets for Sabra Healthcare REIT's stock. Their predictions range from $22.00 to $30.00. On average, they expect Sabra Healthcare REIT's share price to reach $25.14 in the next twelve months. 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. " (9/23/2017)
• 2. Cantor Fitzgerald analysts commented, "We expect investors to be pleased that SBRA’s restructuring of selected underperforming leases acquired in last months combination with CCP appears to eliminate the poor coverage issues at Signature and other operators, and demonstrate substantially more accretion from CCP than we had assumed." (9/8/2017)
• 3. 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)

Sabra Healthcare REIT saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 14,992,761 shares, a drop of 14.4% from the August 15th total of 17,507,915 shares. Based on an average trading volume of 3,589,063 shares, the days-to-cover ratio is presently 4.2 days. Approximately 23.7% of the company's shares 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), LTC Properties (LTC), Assura PLC (AGR), Universal Health Realty Income Trust (UHT), Primary Health Properties PLC (PHP), MedEquities Realty Trust (MRT), Community Healthcare Trust Incorporated (CHCT), Aviv REIT (AVIV), Care Capital Properties (CCP) and CareTrust REIT (CTRE).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (20.22%), BlackRock Inc. (14.63%), FMR LLC (11.44%), LSV Asset Management (4.62%), River Road Asset Management LLC (3.54%) and State Street Corp (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 FMR LLC, Teachers Advisors LLC, Russell Investments Group Ltd., Kennedy Capital Management Inc., Copper Rock Capital Partners LLC, JPMorgan Chase & Co., TIAA CREF Investment Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Sabra Healthcare REIT.

Sabra Healthcare REIT's stock was purchased by a variety of institutional investors in the last quarter, including Numeric Investors LLC, APG Asset Management US Inc., Vanguard Group Inc., Koch Industries Inc., River Road Asset Management LLC, Goldman Sachs Group Inc., Wells Fargo & Company MN and AJO LP. 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 $22.21.