Free Trial

Sabra Health Care REIT (SBRA) Stock Price, News & Analysis

Sabra Health Care REIT logo
$19.40
-0.18 (-0.92%)
(As of 10/31/2024 ET)

About Sabra Health Care REIT Stock (NASDAQ:SBRA)

Key Stats

Today's Range
$19.40
$19.73
50-Day Range
$16.16
$19.58
52-Week Range
$12.83
$19.73
Volume
2.06 million shs
Average Volume
2.02 million shs
Market Capitalization
$4.49 billion
P/E Ratio
92.38
Dividend Yield
6.19%
Price Target
$18.38
Consensus Rating
Moderate Buy

Company Overview

As of September 30, 2023, Sabra's investment portfolio included 377 real estate properties held for investment (consisting of (i) 240 Skilled Nursing/Transitional Care facilities, (ii) 43 senior housing communities (Senior Housing - Leased), (iii) 61 senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed), (iv) 18 Behavioral Health facilities and (v) 15 Specialty Hospitals and Other facilities), 12 investments in loans receivable (consisting of two mortgage loans and 10 other loans), five preferred equity investments and two investments in unconsolidated joint ventures. As of September 30, 2023, Sabra's real estate properties held for investment included 37,606 beds/units, spread across the United States and Canada.

Sabra Health Care REIT Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
32nd Percentile Overall Score

SBRA MarketRank™: 

Sabra Health Care REIT scored higher than 32% of companies evaluated by MarketBeat, and ranked 797th out of 940 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sabra Health Care REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Sabra Health Care REIT has only been the subject of 4 research reports in the past 90 days.

  • Read more about Sabra Health Care REIT's stock forecast and price target.
  • Earnings Growth

    Earnings for Sabra Health Care REIT are expected to grow by 3.60% in the coming year, from $1.39 to $1.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sabra Health Care REIT is 93.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sabra Health Care REIT is 93.29, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

  • Price to Earnings Growth Ratio

    Sabra Health Care REIT has a PEG Ratio of 2.69. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Sabra Health Care REIT has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Sabra Health Care REIT's valuation and earnings.
  • Percentage of Shares Shorted

    8.49% of the outstanding shares of Sabra Health Care REIT have been sold short.
  • Short Interest Ratio / Days to Cover

    Sabra Health Care REIT has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in Sabra Health Care REIT has recently increased by 3.97%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Sabra Health Care REIT is a leading dividend payer. It pays a dividend yield of 6.38%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Sabra Health Care REIT does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Sabra Health Care REIT is 600.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Sabra Health Care REIT will have a dividend payout ratio of 83.33% in the coming year. This indicates that Sabra Health Care REIT may not be able to sustain their current dividend.

  • Read more about Sabra Health Care REIT's dividend.
  • Percentage of Shares Shorted

    8.49% of the outstanding shares of Sabra Health Care REIT have been sold short.
  • Short Interest Ratio / Days to Cover

    Sabra Health Care REIT has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in Sabra Health Care REIT has recently increased by 3.97%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Sabra Health Care REIT has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Sabra Health Care REIT this week, compared to 3 articles on an average week.
  • Search Interest

    Only 3 people have searched for SBRA on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Sabra Health Care REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sabra Health Care REIT insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of Sabra Health Care REIT is held by insiders.

  • Percentage Held by Institutions

    99.40% of the stock of Sabra Health Care REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Sabra Health Care REIT's insider trading history.
Receive SBRA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sabra Health Care REIT and its competitors with MarketBeat's FREE daily newsletter.

SBRA Stock News Headlines

Sabra Health Care Q3 2024 Earnings Preview
Algo Trading Is Here 🔥
One trade alert each day backed by powerful technology, yours free. For $0 you can get access to one daily stock picked directly from StocksToTrade’s algo-powered system.
What's Next: Sabra Health Care REIT's Earnings Preview
See More Headlines

SBRA Stock Analysis - Frequently Asked Questions

Sabra Health Care REIT's stock was trading at $14.27 on January 1st, 2024. Since then, SBRA shares have increased by 37.3% and is now trading at $19.59.
View the best growth stocks for 2024 here
.

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) issued its quarterly earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.24. The business's revenue for the quarter was up 9.3% on a year-over-year basis.

Sabra Health Care REIT's top institutional investors include Presima Securities ULC (0.43%), abrdn plc (0.38%), Gilman Hill Asset Management LLC (0.27%) and Asset Management One Co. Ltd. (0.23%). Insiders that own company stock include Michael Lourenco Costa, Catherine Cusack and Harold W Jr Andrews.
View institutional ownership trends
.

Shares of SBRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sabra Health Care REIT investors own include NVIDIA (NVDA), AT&T (T), Meta Platforms (META), Verizon Communications (VZ), Chevron (CVX), Tesla (TSLA) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
8/07/2024
Ex-Dividend for 8/30 Dividend
8/19/2024
Dividend Payable
8/30/2024
Today
10/31/2024
Next Earnings (Confirmed)
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Current Symbol
NASDAQ:SBRA
CUSIP
78573L10
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.38
High Stock Price Target
$21.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-5.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$13.76 million
Pretax Margin
8.39%

Debt

Sales & Book Value

Annual Sales
$667.91 million
Cash Flow
$0.88 per share
Book Value
$12.12 per share

Miscellaneous

Free Float
231,687,000
Market Cap
$4.49 billion
Optionable
Optionable
Beta
1.26

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

This page (NASDAQ:SBRA) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners