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

Sabra Health Care REIT logo
$18.39 -0.18 (-0.97%)
(As of 11/20/2024 ET)

About Sabra Health Care REIT Stock (NASDAQ:SBRA)

Key Stats

Today's Range
$18.27
$18.62
50-Day Range
$17.74
$19.67
52-Week Range
$12.83
$20.03
Volume
1.98 million shs
Average Volume
2.32 million shs
Market Capitalization
$4.35 billion
P/E Ratio
44.85
Dividend Yield
6.53%
Price Target
$18.71
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
52nd Percentile Overall Score

SBRA MarketRank™: 

Sabra Health Care REIT scored higher than 52% of companies evaluated by MarketBeat, and ranked 675th out of 930 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 2.86, and is based on 6 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 4.32% in the coming year, from $1.39 to $1.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sabra Health Care REIT is 44.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sabra Health Care REIT is 44.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

  • Price to Earnings Growth Ratio

    Sabra Health Care REIT has a PEG Ratio of 2.28. 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 1.52. 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

    7.63% 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 8.7.
  • Change versus previous month

    Short interest in Sabra Health Care REIT has recently decreased by 8.19%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Sabra Health Care REIT is a leading dividend payer. It pays a dividend yield of 6.60%, 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 292.69%. 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 82.76% 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

    7.63% 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 8.7.
  • Change versus previous month

    Short interest in Sabra Health Care REIT has recently decreased by 8.19%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Sabra Health Care REIT has a news sentiment score of 1.29. 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 0.77 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Sabra Health Care REIT this week, compared to 4 articles on an average week.
  • Search Interest

    13 people have searched for SBRA on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Sabra Health Care REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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.
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SBRA Stock News Headlines

Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners
Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…
Sabra Health Care REIT Reports Strong Q3 2024 Results
See More Headlines

SBRA Stock Analysis - Frequently Asked Questions

Sabra Health Care REIT's stock was trading at $14.27 at the beginning of 2024. Since then, SBRA stock has increased by 28.9% and is now trading at $18.39.
View the best growth stocks for 2024 here
.

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) released its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.22. The real estate investment trust earned $178 million during the quarter, compared to analyst estimates of $177.19 million. Sabra Health Care REIT had a net margin of 14.20% and a trailing twelve-month return on equity of 3.51%.

Sabra Health Care REIT's top institutional shareholders include Principal Financial Group Inc. (9.32%), State Street Corp (4.94%), Geode Capital Management LLC (2.66%) and Charles Schwab Investment Management Inc. (1.99%). 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

Ex-Dividend for 8/30 Dividend
8/19/2024
Dividend Payable
8/30/2024
Last Earnings
10/31/2024
Ex-Dividend for 11/29 Dividend
11/15/2024
Today
11/20/2024
Dividend Payable
11/29/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/25/2025

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
$18.71
High Stock Price Target
$21.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$13.76 million
Pretax Margin
14.52%

Debt

Sales & Book Value

Annual Sales
$647.51 million
Cash Flow
$0.86 per share
Book Value
$12.12 per share

Miscellaneous

Free Float
233,985,000
Market Cap
$4.35 billion
Optionable
Optionable
Beta
1.25

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This page (NASDAQ:SBRA) was last updated on 11/21/2024 by MarketBeat.com Staff
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