Sabra Healthcare REIT, Inc. (NASDAQ:SBRA – Get Free Report) shares rose 4.5% during trading on Friday . The stock traded as high as $18.55 and last traded at $18.4650. Approximately 2,678,073 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 2,538,315 shares. The stock had previously closed at $17.67.
Wall Street Analysts Forecast Growth
SBRA has been the topic of several research analyst reports. Wall Street Zen raised shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research report on Monday, May 18th. Cantor Fitzgerald lifted their price target on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Scotiabank upped their price objective on Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Weiss Ratings lowered Sabra Healthcare REIT from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company lifted their target price on Sabra Healthcare REIT from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Monday. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.40.
Check Out Our Latest Stock Analysis on SBRA
Sabra Healthcare REIT Stock Performance
Sabra Healthcare REIT (NASDAQ:SBRA – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. Sabra Healthcare REIT had a return on equity of 5.60% and a net margin of 19.22%.The company had revenue of $211.74 million for the quarter, compared to analysts’ expectations of $209.20 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The firm’s quarterly revenue was up 20.9% on a year-over-year basis. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. As a group, equities analysts forecast that Sabra Healthcare REIT, Inc. will post 1.51 earnings per share for the current fiscal year.
Sabra Healthcare REIT Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.5%. Sabra Healthcare REIT’s dividend payout ratio (DPR) is currently 190.48%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC lifted its holdings in Sabra Healthcare REIT by 164.6% in the 4th quarter. Rothschild Investment LLC now owns 1,429 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 889 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Sabra Healthcare REIT by 97.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,445 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 714 shares in the last quarter. Founders Capital Management acquired a new stake in shares of Sabra Healthcare REIT during the third quarter valued at about $28,000. Strengthening Families & Communities LLC purchased a new stake in shares of Sabra Healthcare REIT during the fourth quarter worth about $29,000. Finally, Danske Bank A S acquired a new position in shares of Sabra Healthcare REIT in the third quarter worth about $30,000. 99.40% of the stock is currently owned by hedge funds and other institutional investors.
About Sabra Healthcare REIT
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.
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