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 Monday, May 8th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.43 per share on Wednesday, May 31st. This represents a $1.72 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Tuesday, May 16th. This is a boost from Sabra Healthcare REIT's previous quarterly dividend of $0.42. View Sabra Healthcare REIT's Dividend History.

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) issued its quarterly earnings data on Monday, May, 8th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.58 by $0.33. The business had revenue of $62.65 million for the quarter, compared to the consensus estimate of $63.47 million. Sabra Healthcare REIT had a return on equity of 10.35% and a net margin of 40.22%. The business's revenue was up .1% on a year-over-year basis. During the same quarter last year, the business earned $0.54 EPS. 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 earnings per share guidance of $2.19 - $2.23 for the period, compared to the Thomson Reuters consensus estimate of $2.34.

9 brokers have issued 12-month target prices for Sabra Healthcare REIT's stock. Their forecasts range from $23.00 to $30.00. On average, they anticipate Sabra Healthcare REIT's share price to reach $25.67 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. " (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 the month of 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 trading volume of 1,567,751 shares, the days-to-cover ratio is presently 9.2 days. Approximately 22.7% of the company's shares are short sold.

Some companies that are related to Sabra Healthcare REIT include Grupo Aval Acciones y Valores S.A. (AVAL), Retail Properties of America (RPAI), Brandywine Realty Trust (BDN), Evercore Partners (EVR), Piedmont Office Realty Trust (PDM), Federated Investors (FII), Selective Insurance Group (SIGI), Cathay General Bancorp (CATY), Mercury General Corporation (MCY), Washington Federal (WAFD), Capital Trust (BXMT), Prospect Capital Corporation (PSEC), EastGroup Properties (EGP), Education Realty Trust (EDR), BBVA Banco Frances S.A. (BFR), First Financial Bankshares (FFIN), Columbia Property Trust (CXP) and BancorpSouth (BXS).

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 number of of retail and institutional investors. Top institutional investors include 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%), Louisiana State Employees Retirement System (0.00%) and Aperio Group LLC (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 Smith Graham & Co. Investment Advisors LP, 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 $23.18.