Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRAGet Free Report) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $21.00.

Several research firms recently commented on SBRA. Wells Fargo & Company raised their target price on Sabra Healthcare REIT from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Wall Street Zen lowered shares of Sabra Healthcare REIT from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Jefferies Financial Group reissued a “buy” rating and set a $22.00 price target on shares of Sabra Healthcare REIT in a report on Monday, December 15th. National Bankshares set a $22.00 price objective on shares of Sabra Healthcare REIT in a research note on Friday, October 17th. Finally, UBS Group started coverage on shares of Sabra Healthcare REIT in a report on Tuesday, November 18th. They set a “neutral” rating and a $20.00 price objective for the company.

Get Our Latest Report on SBRA

Institutional Trading of Sabra Healthcare REIT

Several large investors have recently made changes to their positions in the business. Founders Capital Management bought a new position in shares of Sabra Healthcare REIT in the third quarter valued at about $28,000. Danske Bank A S acquired a new stake in Sabra Healthcare REIT in the 3rd quarter valued at about $30,000. SVB Wealth LLC bought a new position in shares of Sabra Healthcare REIT in the first quarter worth about $34,000. Larson Financial Group LLC lifted its position in shares of Sabra Healthcare REIT by 42.3% during the third quarter. Larson Financial Group LLC now owns 1,860 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 553 shares in the last quarter. Finally, Wealth Preservation Advisors LLC bought a new stake in shares of Sabra Healthcare REIT during the first quarter valued at approximately $38,000. Institutional investors own 99.40% of the company’s stock.

Sabra Healthcare REIT Price Performance

NASDAQ:SBRA opened at $18.79 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 5.19 and a current ratio of 5.19. The company has a 50-day moving average of $18.69 and a 200-day moving average of $18.58. Sabra Healthcare REIT has a 52 week low of $15.60 and a 52 week high of $19.97. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 1.20 and a beta of 0.67.

Sabra Healthcare REIT (NASDAQ:SBRAGet Free Report) last posted its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The business had revenue of $190.04 million for the quarter, compared to analysts’ expectations of $193.44 million. Sabra Healthcare REIT had a net margin of 23.50% and a return on equity of 6.38%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Sabra Healthcare REIT has set its FY 2025 guidance at 1.455-1.465 EPS. As a group, equities research analysts anticipate that Sabra Healthcare REIT will post 1.45 earnings per share for the current fiscal year.

Sabra Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Monday, November 17th. Sabra Healthcare REIT’s dividend payout ratio (DPR) is currently 166.67%.

Sabra Healthcare REIT Company Profile

(Get Free Report)

Sabra Healthcare REIT, Inc (NASDAQ: SBRA) is a real estate investment trust that acquires, owns and operates net‐lease healthcare properties. Its diversified portfolio spans senior housing communities, skilled nursing and rehabilitation centers, outpatient medical facilities, medical office buildings, hospitals and life science properties. Sabra structures long‐term, triple‐net lease agreements with healthcare operators, providing stable rental income streams while allowing tenants to focus on patient care and operational excellence.

Serving a broad spectrum of care segments, Sabra’s tenants include both regional and national providers of assisted living, independent living, memory care, post‐acute rehabilitation and research and development laboratories.

Read More

Analyst Recommendations for Sabra Healthcare REIT (NASDAQ:SBRA)

Receive News & Ratings for Sabra Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabra Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.