NASDAQ:SBRA - Sabra Health Care REIT Stock Price, News, & Analysis

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$19.66 -0.02 (-0.10 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$19.68
Today's Range$19.43 - $19.73
52-Week Range$15.70 - $23.83
Volume1.15 million shs
Average Volume1.59 million shs
Market Capitalization$3.51 billion
P/E Ratio8.09
Dividend Yield9.15%
Beta1.02
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNASDAQ:SBRA
CUSIP78573L10
Phone888-393-8248

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$405.65 million
Cash Flow$1.51 per share
Book Value$19.28 per share

Profitability

Net Income$158.38 million

Miscellaneous

Employees61
Market Cap$3.51 billion
Next Earnings Date2/24/2019 (Confirmed)
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 announced a quarterly dividend on Tuesday, February 5th. Investors of record on Friday, February 15th will be paid a dividend of $0.45 per share on Thursday, February 28th. This represents a $1.80 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date is Thursday, February 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) released its earnings results on Monday, November, 5th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.42. The real estate investment trust earned $151.80 million during the quarter, compared to the consensus estimate of $162.64 million. Sabra Health Care REIT had a net margin of 61.85% and a return on equity of 11.80%. View Sabra Health Care REIT's Earnings History.

When is Sabra Health Care REIT's next earnings date?

Sabra Health Care REIT is scheduled to release their next quarterly earnings announcement on Sunday, February 24th 2019. View Earnings Estimates for Sabra Health Care REIT.

What price target have analysts set for SBRA?

10 analysts have issued 12 month price objectives for Sabra Health Care REIT's stock. Their forecasts range from $17.00 to $25.00. On average, they expect Sabra Health Care REIT's stock price to reach $21.00 in the next year. This suggests a possible upside of 6.8% 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, 7 hold ratings and 2 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. " (2/21/2019)
  • 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?

News stories about SBRA stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sabra Health Care REIT earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave news stories 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 effect on the stock's share price in the near future.

Who are some of Sabra Health Care REIT's key competitors?

What other stocks do shareholders of Sabra Health Care REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabra Health Care REIT investors own include Omega Healthcare Investors (OHI), AT&T (T), Realty Income (O), Verizon Communications (VZ), Blackstone Group (BX), Medical Properties Trust (MPW), Ventas (VTR), Energy Transfer LP Unit (ET), New Residential Investment (NRZ) and Alibaba Group (BABA).

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 65)
  • Mr. Harold W. Andrews Jr., Exec. VP, CFO, Sec. & Principal Accounting Officer (Age 55)
  • Ms. Talya Nevo-Hacohen, Exec. VP, Chief Investment Officer & Treasurer (Age 59)
  • Mr. Peter W. Nyland, Exec. VP of Asset Management
  • Mr. Brent P. Chappell, Exec. VP & Portfolio Mang. (Age 54)

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 investors include BlackRock Inc. (14.28%), Cohen & Steers Inc. (6.39%), Northern Trust Corp (2.90%), LSV Asset Management (2.21%), Dimensional Fund Advisors LP (1.58%) and Bank of New York Mellon Corp (1.48%). 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 Cohen & Steers Inc., Prudential Financial Inc., Anchor Capital Advisors LLC, Millennium Management LLC, Nuveen Asset Management LLC, Bank of America Corp DE, First Trust Advisors LP and Macquarie Group Ltd.. View Insider Buying and Selling for Sabra Health Care REIT.

Which major investors are buying Sabra Health Care REIT stock?

SBRA stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, D. E. Shaw & Co. Inc., Northern Trust Corp, Nordea Investment Management AB, Squarepoint Ops LLC, Rhumbline Advisers, Green Street Investors LLC and Geode Capital Management LLC. 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 $19.66.

How big of a company is Sabra Health Care REIT?

Sabra Health Care REIT has a market capitalization of $3.51 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?

The official website for Sabra Health Care REIT is http://www.sabrahealth.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  403 (Vote Outperform)
Underperform Votes:  469 (Vote Underperform)
Total Votes:  872
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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