Sabra Health Care REIT, Inc. (SBRA)

NASDAQ: SBRA · IEX Real-Time Price · USD
14.27
-0.30 (-2.06%)
At close: Dec 29, 2023, 4:00 PM
14.29
+0.02 (0.14%)
After-hours: Dec 29, 2023, 7:54 PM EST
-2.06%
Market Cap 3.30B
Revenue (ttm) 649.10M
Net Income (ttm) -88.35M
Shares Out 231.22M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE 24.62
Dividend $1.20 (8.41%)
Ex-Dividend Date Nov 16, 2023
Volume 1,464,962
Open 14.48
Previous Close 14.57
Day's Range 14.26 - 14.52
52-Week Range 10.08 - 14.82
Beta 1.24
Analysts Buy
Price Target 14.25 (-0.14%)
Earnings Date Feb 20, 2024

About SBRA

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 l... [Read more]

Sector Real Estate
CEO Richard K. Matros
Employees 42
Stock Exchange NASDAQ
Ticker Symbol SBRA
Full Company Profile

Financial Performance

In 2022, SBRA's revenue was $624.81 million, an increase of 9.70% compared to the previous year's $569.55 million. Losses were -$77.61 million, -31.48% less than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SBRA stock is "Buy." The 12-month stock price forecast is $14.25, which is a decrease of -0.14% from the latest price.

Price Target
$14.25
(-0.14% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Sabra Reports Third Quarter 2023 Results

IRVINE, Calif.--(BUSINESS WIRE)-- #3Q23--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the third quarter of 2023. THIRD QUA...

7 weeks ago - Business Wire

Sabra Health Care REIT, Inc. to Attend Nareit's REITworld 2023 Annual Conference

IRVINE, Calif.--(BUSINESS WIRE)-- #NAREIT--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chair and Chief Executive Officer, Michael Costa, the company's C...

2 months ago - Business Wire

Sabra Health Care REIT, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)-- #Q32023--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that it will issue its 2023 third quarter earnings release on November 6, 2023, after the close o...

2 months ago - Business Wire

Nursing Home REITs: The Surprise Heroes of High Yield Investing

Yes, it may sound preposterous, but take a look at some equities you probably aren't familiar with: Omega Healthcare Investors NYSE: OHI, Sabra Health Care REIT NASDAQ: SBRA, and LTC Properties NYSE: ...

Other symbols: LTCOHI
3 months ago - MarketBeat

Sabra Health Care REIT, Inc. to Participate in the AHCA / NCAL Convention and Expo and the INVEST Conference

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Darrin Smith, the company's Executive Vice President of Investments, Kara Pappanduros, the company's V...

3 months ago - Business Wire

Sabra Health Care REIT, Inc. to Participate in the eCap West Healthcare Conference and BofA Securities 2023 Global Real Estate Conference

IRVINE, Calif.--(BUSINESS WIRE)-- #BofAConference--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chair and Chief Executive Officer, Talya Nevo-Hacohen, th...

4 months ago - Business Wire

Sabra Reports Second Quarter 2023 Results

IRVINE, Calif.--(BUSINESS WIRE)-- #2Q23--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the second quarter of 2023. SECOND Q...

5 months ago - Business Wire

Sabra Health Care REIT, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)-- #2Q23--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that it will issue its 2023 second quarter earnings release on August 7, 2023, after the close of t...

5 months ago - Business Wire

Sabra Publishes Third Annual Sustainability Report

IRVINE, Calif.--(BUSINESS WIRE)-- #Sustainability--Sabra Health Care REIT, Inc. (“Sabra,” or “we”) (Nasdaq: SBRA) today released its third annual Sustainability Report. The report showcases our progra...

5 months ago - Business Wire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...

7 months ago - Market Watch

Sabra Health Care REIT, Inc. to Participate in Nareit's REITweek 2023 Investor Conference

IRVINE, Calif.--(BUSINESS WIRE)-- #NAREIT--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chair and Chief Executive Officer, Michael Costa, the company's C...

7 months ago - Business Wire

Sabra Reports First Quarter 2023 Results

IRVINE, Calif.--(BUSINESS WIRE)-- #1Q23--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the first quarter of 2023. FIRST QUA...

8 months ago - Business Wire

Sabra Health Care REIT, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)-- #1Q23--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that it will issue its 2023 first quarter earnings release on May 3, 2023, after the close of tradi...

9 months ago - Business Wire

Sabra Reports Fourth Quarter 2022 Results

IRVINE, Calif.--(BUSINESS WIRE)-- #4Q22--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the fourth quarter of 2022. FOURTH Q...

11 months ago - Business Wire

Sabra Health Care REIT, Inc. to Attend the WISE Forum, 2023 NIC Spring Conference and Citi's 2023 Global Property CEO Conference

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chair and Chief Executive Officer, will present at the WISE Forum, and othe...

11 months ago - Business Wire

Sabra Provides Update on Previously Disclosed Disposition Activity and North American Transition

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (“Sabra”, “the Company”) (Nasdaq: SBRA) announced today that since September 30, 2022, the Company has received roughly $185 million of ...

Other symbols: ENSG
11 months ago - Business Wire

Sabra Health Care REIT, Inc. Announces Fourth Quarter 2022 Earnings Release Date and Conference Call; Declares Common Dividend

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that it will issue its 2022 fourth quarter earnings release on February 21, 2023, after the close of trad...

11 months ago - Business Wire

Sabra Health Care REIT, Inc. Announces Tax Treatment of 2022 Distributions

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced today the tax treatment for its 2022 distributions. The following table summarizes, for income tax purposes, th...

1 year ago - Business Wire

Sabra Health Care REIT, Inc. to Attend ASHA's 2023 Annual Meeting

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Talya Nevo-Hacohen, the company's Chief Investment Officer, Darrin Smith, the company's Executive Vi...

1 year ago - Business Wire

Sabra Renews and Extends its Credit Facility

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) announced today that it has amended and restated its credit facility, improving its debt maturity profile while...

1 year ago - Business Wire

Sabra Health Care REIT, Inc. to Participate in the Capital One Securities 3rd Annual REIT Conference and Stifel 2023 Seniors Housing and Healthcare Real Estate Conference

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chair and Chief Executive Officer, Michael Costa, the company's Chief Fin...

1 year ago - Business Wire

20 dividend stocks with high yields that have become more attractive right now

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...

Other symbols: AHHBDNBNLCTODEIEPRGMRE
1 year ago - Market Watch

Sabra Health Care REIT, Inc. to Attend the Eighth Annual Treatment Center Investment and Valuation Retreat

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Talya Nevo-Hacohen, the company's Chief Investment Officer; Peter Nyland, the company's Executive Vi...

1 year ago - Business Wire

Sabra to Expand its Relationship with Ensign and Avamere

IRVINE, Calif.

Other symbols: ENSG
1 year ago - Business Wire