Sabra Healthcare REIT Company Profile (NASDAQ:SBRA)

About Sabra Healthcare REIT (NASDAQ:SBRA)

Sabra Healthcare REIT logoSabra Health Care REIT, Inc. is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company's segment includes investments in healthcare-related real estate properties. The Company's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. As of December 31, 2016, the Company's investment portfolio consisted of 183 real estate properties held for investment (consisting of 97 skilled nursing/transitional care facilities, 85 senior housing facilities, and one acute care hospital); 10 investments in loans receivable (consisting of four mortgage loans, one construction loan, one mezzanine loan, three pre-development loans and one debtor-in-possession (DIP) loan) and 12 preferred equity investments. It has properties located in New Hampshire, Texas, Florida, Kentucky, Ohio, Maryland and Nebraska, among others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Healthcare REITs
  • Sub-Industry: Specialized REITs
  • Symbol: NASDAQ:SBRA
  • CUSIP: 78573L10
  • Web: www.sabrahealth.com
Capitalization:
  • Market Cap: $3.79989 billion
  • Outstanding Shares: 65,437,000
Average Prices:
  • 50 Day Moving Avg: $22.05
  • 200 Day Moving Avg: $23.71
  • 52 Week Range: $19.30 - $29.10
P/E:
  • Trailing P/E Ratio: 17.95
  • Foreward P/E Ratio: 8.53
  • P/E Growth: 3.15
Sales & Book Value:
  • Annual Revenue: $251.1 million
  • Price / Sales: 5.56
  • Book Value: $15.23 per share
  • Price / Book: 1.40
Dividend:
  • Annual Dividend: $1.44
  • Dividend Yield: 6.8%
Profitability:
  • EBITDA: $210.73 million
  • Net Margins: 34.99%
  • Return on Equity: 8.72%
  • Return on Assets: 3.90%
Debt:
  • Debt-to-Equity Ratio: 1.22%
  • Current Ratio: 3.15%
  • Quick Ratio: 3.15%
Misc:
  • Average Volume: 2.65 million shs.
  • Beta: 0.88
  • Short Ratio: 6.5
 

Frequently Asked Questions for Sabra Healthcare REIT (NASDAQ:SBRA)

What is Sabra Healthcare REIT's stock symbol?

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

How often does Sabra Healthcare REIT pay dividends? What is the dividend yield for Sabra Healthcare REIT?

Sabra Healthcare REIT declared a quarterly dividend on Wednesday, August 2nd. Investors 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 dividend on an annualized basis and a yield of 6.75%. The ex-dividend date of this dividend is Monday, August 14th. View Sabra Healthcare REIT's Dividend History.

How were Sabra Healthcare REIT's earnings last quarter?

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

When will Sabra Healthcare REIT make its next earnings announcement?

Sabra Healthcare REIT is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Sabra Healthcare REIT.

What guidance has Sabra Healthcare REIT issued on next quarter's earnings?

Sabra Healthcare REIT issued an update on its FY18 earnings guidance on Monday, September, 25th. The company provided earnings per share (EPS) guidance of $2.33-2.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.61. Sabra Healthcare REIT also updated its FY17 guidance to $2.29-2.33 EPS.

Where is Sabra Healthcare REIT's stock going? Where will Sabra Healthcare REIT's stock price be in 2017?

9 brokers have issued 12-month price objectives for Sabra Healthcare REIT's shares. Their forecasts range from $22.00 to $30.00. On average, they expect Sabra Healthcare REIT's share price to reach $25.33 in the next year. View Analyst Ratings for Sabra Healthcare REIT.

What are analysts saying about Sabra Healthcare REIT stock?

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)

Are investors shorting Sabra Healthcare REIT?

Sabra Healthcare REIT saw a decrease in short interest in the month of September. As of September 29th, there was short interest totalling 6,934,769 shares, a decrease of 38.7% from the September 15th total of 11,319,075 shares. Based on an average daily trading volume, of 4,160,690 shares, the short-interest ratio is presently 1.7 days. Approximately 4.0% of the company's stock are short sold.

Who are some of Sabra Healthcare REIT's key competitors?

Who are Sabra Healthcare REIT's key executives?

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

Who owns Sabra Healthcare REIT stock?

Sabra Healthcare REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.57%), Pensionfund DSM Netherlands (0.00%), Mutual of America Capital Management LLC (0.22%), Quantitative Systematic Strategies LLC (0.14%), Orinda Asset Management LLC (0.11%) and State Treasurer State of Michigan (0.10%). 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.

Who sold Sabra Healthcare REIT stock? Who is selling Sabra Healthcare REIT stock?

Sabra Healthcare REIT's stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP. View Insider Buying and Selling for Sabra Healthcare REIT.

Who bought Sabra Healthcare REIT stock? Who is buying Sabra Healthcare REIT stock?

Sabra Healthcare REIT's stock was acquired by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC, Pensionfund DSM Netherlands, Quantitative Systematic Strategies LLC, Orinda Asset Management LLC, State Treasurer State of Michigan, Pensionfund Sabic, Honkamp Krueger Financial Services Inc. and LS Investment Advisors LLC. 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.

How do I buy Sabra Healthcare REIT stock?

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.

What is Sabra Healthcare REIT's stock price today?

One share of Sabra Healthcare REIT stock can currently be purchased for approximately $21.32.


MarketBeat Community Rating for Sabra Healthcare REIT (NASDAQ SBRA)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  605
MarketBeat's community ratings are surveys of what our community members think about Sabra Healthcare REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sabra Healthcare REIT (NASDAQ:SBRA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $25.33 (18.82% upside)
Consensus Price Target History for Sabra Healthcare REIT (NASDAQ:SBRA)
Price Target History for Sabra Healthcare REIT (NASDAQ:SBRA)
Analysts' Ratings History for Sabra Healthcare REIT (NASDAQ:SBRA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017SunTrust Banks, Inc.Reiterated RatingBuy$30.00N/AView Rating Details
10/4/2017MizuhoReiterated RatingHold$23.00LowView Rating Details
9/28/2017Cantor FitzgeraldReiterated RatingBuy$30.00LowView Rating Details
9/27/2017Jefferies Group LLCReiterated RatingBuy$25.00 -> $24.00LowView Rating Details
9/25/2017Capital One Financial CorporationInitiated CoverageEqual Weight$24.00LowView Rating Details
9/8/2017Bank of America CorporationBoost Price TargetUnderperform$21.00 -> $22.00LowView Rating Details
9/5/2017JMP SecuritiesUpgradeMarket Perform -> Outperform$23.00LowView Rating Details
7/28/2017Stifel NicolausReiterated RatingHold$26.00MediumView Rating Details
5/9/2017Canaccord GenuityReiterated RatingHold$26.00LowView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/17/2016Citigroup Inc.Boost Price TargetNeutral$22.00 -> $24.00N/AView Rating Details
4/12/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
2/23/2016Barclays PLCLower Price TargetOverweight$23.00 -> $21.00N/AView Rating Details
2/23/2016FBR & CoReiterated RatingOutperform$26.00 -> $24.00N/AView Rating Details
12/17/2015Cowen and CompanyLower Price TargetMarket Perform$22.50N/AView Rating Details
11/2/2015Royal Bank Of CanadaDowngradeSector Perform -> Underperform$26.00 -> $22.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Sabra Healthcare REIT (NASDAQ:SBRA)
Earnings by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)
Earnings History by Quarter for Sabra Healthcare REIT (NASDAQ SBRA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017N/AView Earnings Details
5/8/2017Q1 2017$0.58$0.25$63.47 million$62.65 millionViewListenView Earnings Details
2/22/2017Q416$0.32$0.62$58.23 million$61.80 millionViewN/AView Earnings Details
8/1/2016Q216$0.58$0.61$56.04 million$74.20 millionViewN/AView Earnings Details
5/2/2016Q116$0.55$0.53$57.50 million$62.60 millionViewN/AView Earnings Details
2/22/2016Q415$0.55$0.55$54.98 million$66.80 millionViewN/AView Earnings Details
11/9/2015Q315$0.57$0.58$53.78 million$59.90 millionViewN/AView Earnings Details
8/4/2015Q215$0.54$0.53$51.07 million$56.60 millionViewN/AView Earnings Details
5/5/2015Q115$0.57$0.53$52.10 million$5.60 millionViewN/AView Earnings Details
2/18/2015Q414$0.57$0.54$46.40 million$55.70 millionViewN/AView Earnings Details
11/3/2014Q314$0.55$0.51$38.00 million$44.00 millionViewN/AView Earnings Details
7/30/2014Q214$0.55$0.57$37.46 million$42.97 millionViewN/AView Earnings Details
5/5/2014Q114$0.54$0.55$35.75 million$40.85 millionViewN/AView Earnings Details
2/26/2014Q413$0.52$0.50$22.96 million$37.55 millionViewN/AView Earnings Details
10/23/2013Q313$0.46$0.46$33.01 million$32.90 millionViewN/AView Earnings Details
7/31/2013Q213$0.36$0.41$32.01 million$32.28 millionViewN/AView Earnings Details
5/2/2013Q113$0.45$0.43$30.71 million$32.02 millionViewN/AView Earnings Details
2/27/2013Q412$0.38$0.41$27.44 million$28.29 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sabra Healthcare REIT (NASDAQ:SBRA)
2017 EPS Consensus Estimate: $2.43
2018 EPS Consensus Estimate: $2.55
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.55$0.62$0.59
Q2 20175$0.54$0.63$0.59
Q3 20177$0.58$0.92$0.66
Q4 20176$0.47$0.69$0.61
Q1 20183$0.62$0.64$0.63
Q2 20183$0.62$0.66$0.64
Q3 20183$0.63$0.66$0.64
Q4 20183$0.63$0.66$0.65
Q1 20192$0.64$0.66$0.65
Q2 20192$0.64$0.66$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sabra Healthcare REIT (NASDAQ:SBRA)
Most Recent Dividend:8/18/2017
Annual Dividend:$1.44
Dividend Yield:6.75%
Payout Ratio:122.03% (Trailing 12 Months of Earnings)
59.26% (Based on This Year's Estimates)
57.60% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)

Dividend History by Quarter for Sabra Healthcare REIT (NASDAQ SBRA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017Quarterly$0.368/14/20178/16/20178/18/2017
8/3/2017quarterly$0.366.11%8/14/20178/16/20178/17/2017
5/8/2017Quarterly$0.437.04%5/16/20175/18/20175/31/2017
2/6/2017quarterly$0.426.5%2/13/20172/15/20172/28/2017
11/3/2016quarterly$0.428.21%11/10/201611/15/201611/30/2016
8/3/2016quarterly$0.426.86%8/11/20168/15/20168/31/2016
5/4/2016quarterly$0.427.4%5/12/20165/16/20165/31/2016
2/3/2016quarterly$0.419.24%2/11/20162/16/20162/29/2016
11/9/2015quarterly$0.418.5%11/17/201511/19/201511/30/2015
8/5/2015quarterly$0.416.31%8/12/20158/14/20158/31/2015
5/6/2015quarterly$0.395.61%5/13/20155/15/20155/29/2015
1/13/2015quarterly$0.394.93%2/11/20152/13/20152/27/2015
11/4/2014quarterly$0.395.51%11/12/201411/14/201411/26/2014
8/1/2014quarterly$0.385.42%8/13/20148/15/20148/29/2014
5/6/2014quarterly$0.385.13%5/13/20145/15/20145/30/2014
1/23/2014quarterly$0.365.06%2/12/20142/14/20142/28/2014
10/23/2013quarterly$0.345.09%11/13/201311/15/201311/29/2013
8/1/2013quarterly$0.345.4%8/13/20138/15/20138/30/2013
5/1/2013quarterly$0.344.4%5/13/20135/15/20135/31/2013
1/7/2013quarterly$0.345.79%2/13/20132/15/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sabra Healthcare REIT (NASDAQ:SBRA)
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 99.26%
Insider Trades by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)
Institutional Ownership by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)
Insider Trades by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/6/2016Milton J WaltersDirectorSell2,000$22.04$44,080.00View SEC Filing  
12/8/2015Michael J FosterDirectorBuy5,000$19.86$99,300.00View SEC Filing  
11/13/2015Milton J WaltersDirectorSell2,500$19.75$49,375.00View SEC Filing  
11/12/2015Harold W Jr. AndrewsCFOBuy6,600$19.07$125,862.00View SEC Filing  
6/15/2015Robert A EttlDirectorBuy2,000$25.49$50,980.00View SEC Filing  
6/9/2015Michael J FosterDirectorBuy5,074$25.29$128,321.46View SEC Filing  
5/7/2015Robert A EttlDirectorBuy3,500$27.95$97,825.00View SEC Filing  
2/20/2015Milton J WaltersDirectorSell2,500$32.49$81,225.00View SEC Filing  
8/14/2013Talya Nevo-HacohenVPBuy4,000$25.24$100,960.00View SEC Filing  
8/9/2013Craig BarbaroshDirectorBuy1,000$24.99$24,990.00View SEC Filing  
8/9/2013Richard MatrosCEOBuy4,000$25.03$100,120.00View SEC Filing  
5/30/2013Robert A EttlDirectorBuy2,000$27.80$55,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sabra Healthcare REIT (NASDAQ:SBRA)
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Chart

Sabra Healthcare REIT (SBRA) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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