About Sabra Health Care REIT (NASDAQ:SBRA)
As of December 31, 2017, Sabra's investment portfolio included 507 real estate properties held for investment (consisting of (i) 384 Skilled Nursing/Transitional Care facilities, (ii) 88 Senior Housing - Leased communities, (iii) 13 Senior Housing - Managed communities and (iv) 22 Acute Care Hospitals), one investment in a direct financing lease, 22 investments in loans receivable (consisting of (i) two mortgage loans, (ii) two construction loans, (iii) two mezzanine loans, (iv) one pre-development loan and (v) 15 other loans), 12 preferred equity investments and one investment in a specialty valuation firm. As of December 31, 2017, Sabra's real estate properties held for investment included 53,558 beds/units, spread across the United States and Canada.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNASDAQ:SBRA
CUSIP78573L10
Phone888-393-8248
Debt
Debt-to-Equity Ratio0.99%
Current Ratio6.85%
Quick Ratio6.85%
Price-To-Earnings
Trailing P/E Ratio7.23
Forward P/E Ratio7.02
P/E Growth2.33
Sales & Book Value
Annual Sales$405.65 million
Price / Sales7.71
Cash Flow$1.5043 per share
Price / Cash11.66
Book Value$19.28 per share
Price / Book0.91
Profitability
EPS (Most Recent Fiscal Year)$2.43
Net Income$158.38 million
Net Margins39.04%
Return on Equity7.19%
Return on Assets3.50%
Miscellaneous
Employees61
Outstanding Shares178,260,000
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 Tuesday, February 6th. Investors of record on Thursday, February 15th will be paid a dividend of $0.45 per share on Wednesday, February 28th. This represents a $1.80 annualized dividend and a dividend yield of 10.26%. The ex-dividend date is Wednesday, February 14th. View Sabra Health Care REIT's Dividend History.
How were Sabra Health Care REIT's earnings last quarter?
Sabra Health Care REIT (NASDAQ:SBRA) released its earnings results on Wednesday, February, 21st. The real estate investment trust reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.27. The real estate investment trust earned $166.47 million during the quarter, compared to analysts' expectations of $158.82 million. Sabra Health Care REIT had a net margin of 39.04% and a return on equity of 7.19%. View Sabra Health Care REIT's Earnings History.
When is Sabra Health Care REIT's next earnings date?
What price target have analysts set for SBRA?
11 analysts have issued 1-year price targets for Sabra Health Care REIT's shares. Their predictions range from $19.00 to $30.00. On average, they anticipate Sabra Health Care REIT's stock price to reach $23.30 in the next year. 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. " (3/28/2018)
- 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)
Are investors shorting Sabra Health Care REIT?
Sabra Health Care REIT saw a decline in short interest in March. As of March 15th, there was short interest totalling 10,561,055 shares, a decline of 9.5% from the February 28th total of 11,670,317 shares. Based on an average trading volume of 1,820,249 shares, the days-to-cover ratio is currently 5.8 days. Currently, 6.0% of the company's shares are short sold.
Who are some of Sabra Health Care REIT's key competitors?
Some companies that are related to Sabra Health Care REIT include Douglas Emmett (DEI), National Retail Properties (NNN), Howard Hughes (HHC), Kimco Realty (KIM), Liberty Property Trust (LPT), American Homes 4 Rent (AMH), New Residential Inv (NRZ), Hammerson (HMSNF), Starwood Property Trust (STWD), DCT Industrial Trust (DCT), American Campus Communities (ACC), Lamar Advertising (LAMR), Healthcare Trust Of America (HTA), Omega Healthcare Investors (OHI), CubeSmart (CUBE), CyrusOne (CONE), STORE Capital (STOR) and Rayonier (RYN).
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)
Has Sabra Health Care REIT been receiving favorable news coverage?
News coverage about SBRA stock has trended somewhat positive this week, according to Accern. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sabra Health Care REIT earned a daily sentiment score of 0.24 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 45.65 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $17.54.
How big of a company is Sabra Health Care REIT?
Sabra Health Care REIT has a market capitalization of $3.16 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.
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 (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.
Sabra Health Care REIT (NASDAQ:SBRA) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
11 Wall Street analysts have issued ratings and price targets for Sabra Health Care REIT in the last 12 months. Their average twelve-month price target is $23.30, suggesting that the stock has a possible upside of 32.84%. The high price target for SBRA is $30.00 and the low price target for SBRA is $19.00. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.36 | 2.27 | 2.20 | 2.33 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $23.30 | $23.50 | $24.3333 | $25.3333 |
| Price Target Upside: | 32.84% upside | 31.65% upside | 29.02% upside | 17.01% upside |
Sabra Health Care REIT (NASDAQ:SBRA) Consensus Price Target History
Sabra Health Care REIT (NASDAQ:SBRA) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Sabra Health Care REIT (NASDAQ:SBRA) Dividend Information
Sabra Health Care REIT pays an annual dividend of $1.80 per share, with a dividend yield of 10.26%. SBRA's most recent quarterly dividend payment was Wednesday, February 28. Sabra Health Care REIT pays out 74.07% of its earnings out as a dividend.
| Most Recent Dividend: | 2/28/2018 |
| Annual Dividend: | $1.80 |
| Dividend Yield: | 10.26% |
| Payout Ratio: | 74.07% (Trailing 12 Months of Earnings)
72.00% (Based on This Year's Estimates)
70.59% (Based on Next Year's Estimates)
|
Sabra Health Care REIT (NASDAQ:SBRA) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/6/2018 | quarterly | $0.45 | 10.48% | 2/14/2018 | 2/15/2018 | 2/28/2018 |
| 11/2/2017 | Quarterly | $0.07 | 10.76% | 11/14/2017 | 11/15/2017 | 11/30/2017 |
| 8/2/2017 | Quarterly | $0.3599 | | 8/14/2017 | 8/16/2017 | 8/18/2017 |
| 8/3/2017 | quarterly | $0.3599 | 6.11% | 8/14/2017 | 8/16/2017 | 8/17/2017 |
| 5/8/2017 | Quarterly | $0.43 | 7.04% | 5/16/2017 | 5/18/2017 | 5/31/2017 |
| 2/6/2017 | quarterly | $0.42 | 6.5% | 2/13/2017 | 2/15/2017 | 2/28/2017 |
| 11/3/2016 | quarterly | $0.42 | 8.21% | 11/10/2016 | 11/15/2016 | 11/30/2016 |
| 8/3/2016 | quarterly | $0.42 | 6.86% | 8/11/2016 | 8/15/2016 | 8/31/2016 |
| 5/4/2016 | quarterly | $0.42 | 7.4% | 5/12/2016 | 5/16/2016 | 5/31/2016 |
| 2/3/2016 | quarterly | $0.41 | 9.24% | 2/11/2016 | 2/16/2016 | 2/29/2016 |
| 11/9/2015 | quarterly | $0.41 | 8.5% | 11/17/2015 | 11/19/2015 | 11/30/2015 |
| 8/5/2015 | quarterly | $0.41 | 6.31% | 8/12/2015 | 8/14/2015 | 8/31/2015 |
| 5/6/2015 | quarterly | $0.39 | 5.61% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/13/2015 | quarterly | $0.39 | 4.93% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 11/4/2014 | quarterly | $0.39 | 5.51% | 11/12/2014 | 11/14/2014 | 11/26/2014 |
| 8/1/2014 | quarterly | $0.38 | 5.42% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 5/6/2014 | quarterly | $0.38 | 5.13% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 1/23/2014 | quarterly | $0.36 | 5.06% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/23/2013 | quarterly | $0.34 | 5.09% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 8/1/2013 | quarterly | $0.34 | 5.4% | 8/13/2013 | 8/15/2013 | 8/30/2013 |
| 5/1/2013 | quarterly | $0.34 | 4.4% | 5/13/2013 | 5/15/2013 | 5/31/2013 |
| 1/7/2013 | quarterly | $0.34 | 5.79% | 2/13/2013 | 2/15/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Sabra Health Care REIT (NASDAQ SBRA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 88.89%
Sabra Health Care REIT (NASDAQ SBRA) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/22/2018 | Harold W Jr. Andrews | VP | Sell | 600 | $17.36 | $10,416.00 | |  |
| 11/30/2017 | Milton J. Walters | Director | Sell | 4,615 | $19.18 | $88,515.70 | | |
| 6/6/2016 | Milton J Walters | Director | Sell | 2,000 | $22.04 | $44,080.00 | 24,055 | |
| 12/8/2015 | Michael J Foster | Director | Buy | 5,000 | $19.86 | $99,300.00 | 37,588 | |
| 11/13/2015 | Milton J Walters | Director | Sell | 2,500 | $19.75 | $49,375.00 | 25,091 | |
| 11/12/2015 | Harold W Jr. Andrews | CFO | Buy | 6,600 | $19.07 | $125,862.00 | 209,484 | |
| 6/15/2015 | Robert A Ettl | Director | Buy | 2,000 | $25.49 | $50,980.00 | | |
| 6/9/2015 | Michael J Foster | Director | Buy | 5,074 | $25.29 | $128,321.46 | | |
| 5/7/2015 | Robert A Ettl | Director | Buy | 3,500 | $27.95 | $97,825.00 | | |
| 2/20/2015 | Milton J Walters | Director | Sell | 2,500 | $32.49 | $81,225.00 | | |
| 8/14/2013 | Talya Nevo-Hacohen | VP | Buy | 4,000 | $25.24 | $100,960.00 | 81,932 | |
| 8/9/2013 | Craig Barbarosh | Director | Buy | 1,000 | $24.99 | $24,990.00 | 23,224 | |
| 8/9/2013 | Richard Matros | CEO | Buy | 4,000 | $25.03 | $100,120.00 | 115,283 | |
| 5/30/2013 | Robert A Ettl | Director | Buy | 2,000 | $27.80 | $55,600.00 | | |
(Data available from 1/1/2013 forward)
Sabra Health Care REIT (NASDAQ SBRA) News Headlines
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Sabra Health Care REIT (NASDAQ:SBRA) SEC Filings
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Sabra Health Care REIT (NASDAQ:SBRA) Income Statement, Balance Sheet and Cash Flow Statement
Sabra Health Care REIT (NASDAQ SBRA) Stock Chart for Thursday, April, 19, 2018
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