Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) Announces Quarterly Dividend of $0.30

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) declared a quarterly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be paid a dividend of 0.30 per share by the real estate investment trust on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, February 13th.

Sabra Healthcare REIT has decreased its dividend payment by an average of 0.1%annually over the last three years. Sabra Healthcare REIT has a payout ratio of 153.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Sabra Healthcare REIT to earn $1.50 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 80.0%.

Sabra Healthcare REIT Stock Down 2.1%

SBRA stock traded down $0.39 during midday trading on Tuesday, hitting $17.88. The company’s stock had a trading volume of 641,562 shares, compared to its average volume of 2,558,614. Sabra Healthcare REIT has a 52-week low of $15.60 and a 52-week high of $19.97. The firm has a market capitalization of $4.46 billion, a P/E ratio of 24.83, a PEG ratio of 1.30 and a beta of 0.67. The company has a quick ratio of 5.19, a current ratio of 5.19 and a debt-to-equity ratio of 0.92. The firm has a 50-day simple moving average of $19.04 and a 200-day simple moving average of $18.71.

Sabra Healthcare REIT (NASDAQ:SBRA) last announced its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $190.04 million during the quarter, compared to the consensus estimate of $193.44 million. Sabra Healthcare REIT had a return on equity of 6.38% and a net margin of 23.50%.The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company 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 analysts forecast that Sabra Healthcare REIT will post 1.45 EPS for the current year.

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.