Sabra Health Care REIT (NASDAQ:SBRA) will release its earnings data after the market closes on Sunday, February 24th. Analysts expect Sabra Health Care REIT to post earnings of $0.47 per share for the quarter.
SBRA opened at $19.58 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.88 and a current ratio of 2.88. Sabra Health Care REIT has a 1-year low of $15.70 and a 1-year high of $23.83. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 8.06, a price-to-earnings-growth ratio of 2.37 and a beta of 1.02.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $1.80 annualized dividend and a yield of 9.19%. Sabra Health Care REIT’s payout ratio is 74.07%.
Several research firms have weighed in on SBRA. Zacks Investment Research upgraded shares of Sabra Health Care REIT from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday. BidaskClub downgraded shares of Sabra Health Care REIT from a “hold” rating to a “sell” rating in a report on Thursday, February 14th. BMO Capital Markets restated a “hold” rating and set a $17.00 price objective on shares of Sabra Health Care REIT in a report on Monday, January 14th. ValuEngine upgraded shares of Sabra Health Care REIT from a “sell” rating to a “hold” rating in a report on Friday, January 4th. Finally, SunTrust Banks downgraded shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a report on Tuesday, December 18th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. Sabra Health Care REIT currently has an average rating of “Hold” and a consensus price target of $21.10.
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Sabra Health Care REIT Company Profile
As of September 30, 2018, Sabra's investment portfolio included 487 real estate properties held for investment (consisting of (i) 350 Skilled Nursing/Transitional Care facilities, (ii) 91 Senior Housing communities (Senior Housing – Leased), (iii) 24 Senior Housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing – Managed) and (iv) 22 Specialty Hospitals and Other facilities), one investment in a direct financing lease, 22 investments in loans receivable (consisting of (i) one mortgage loan, (ii) two construction loans, (iii) one mezzanine loan, (iv) one pre-development loan and (v) 17 other loans), 11 preferred equity investments and one investment in an unconsolidated joint venture that owns 172 Senior Housing – Managed communities.
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