Sabra Healthcare REIT (NASDAQ:SBRA) Downgraded by Truist Financial to “Hold”

Sabra Healthcare REIT (NASDAQ:SBRA) was downgraded by analysts at Truist Financial from a “buy” rating to a “hold” rating in a report issued on Wednesday, MarketBeat.com reports.

Other analysts have also issued reports about the stock. Cantor Fitzgerald lifted their price target on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Sunday, June 28th. Weiss Ratings downgraded shares of Sabra Healthcare REIT from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, June 4th. Barclays assumed coverage on Sabra Healthcare REIT in a report on Tuesday. They set an “overweight” rating and a $21.00 price target on the stock. Finally, Scotiabank dropped their price target on Sabra Healthcare REIT from $22.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $21.27.

Sabra Healthcare REIT Stock Up 1.7%

SBRA stock opened at $20.06 on Wednesday. Sabra Healthcare REIT has a fifty-two week low of $17.17 and a fifty-two week high of $21.28. The business’s 50 day moving average price is $19.70 and its two-hundred day moving average price is $19.68. The company has a debt-to-equity ratio of 0.96, a quick ratio of 4.72 and a current ratio of 4.72. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 31.84, a price-to-earnings-growth ratio of 1.47 and a beta of 0.65.

Sabra Healthcare REIT (NASDAQ:SBRA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The company had revenue of $211.74 million during the quarter, compared to analyst estimates of $209.20 million. Sabra Healthcare REIT had a net margin of 19.22% and a return on equity of 5.60%. Sabra Healthcare REIT’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period last year, the business earned $0.37 EPS. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. As a group, analysts forecast that Sabra Healthcare REIT will post 1.5 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sabra Healthcare REIT

A number of hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in shares of Sabra Healthcare REIT by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 23,807 shares of the real estate investment trust’s stock worth $451,000 after purchasing an additional 528 shares during the period. Larson Financial Group LLC boosted 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 valued at $35,000 after buying an additional 553 shares during the period. Anchor Investment Management LLC boosted its position in shares of Sabra Healthcare REIT by 15.5% during the third quarter. Anchor Investment Management LLC now owns 4,150 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 556 shares during the period. Inspire Investing LLC grew its stake in shares of Sabra Healthcare REIT by 2.3% during the fourth quarter. Inspire Investing LLC now owns 24,747 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 565 shares during the last quarter. Finally, Natixis Advisors LLC grew its stake in shares of Sabra Healthcare REIT by 2.2% during the third quarter. Natixis Advisors LLC now owns 27,664 shares of the real estate investment trust’s stock valued at $516,000 after buying an additional 598 shares during the last quarter. Hedge funds and other institutional investors own 99.40% of the company’s stock.

Sabra Healthcare REIT Company Profile

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.