Sabra Healthcare REIT (NASDAQ:SBRA) Trading 4.5% Higher – What’s Next?

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA)’s share price traded up 4.5% during trading on Friday . The company traded as high as $18.55 and last traded at $18.4650. 2,678,073 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 2,538,315 shares. The stock had previously closed at $17.67.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Truist Financial boosted their price objective on Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. Weiss Ratings lowered Sabra Healthcare REIT from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday. Citigroup boosted their price objective on Sabra Healthcare REIT from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen raised Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, UBS Group upped their price target on Sabra Healthcare REIT from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Sabra Healthcare REIT presently has an average rating of “Moderate Buy” and a consensus target price of $22.40.

Sabra Healthcare REIT Stock Up 4.5%

The company has a debt-to-equity ratio of 0.96, a current ratio of 4.72 and a quick ratio of 4.72. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 29.30, a price-to-earnings-growth ratio of 1.39 and a beta of 0.64. The firm has a 50 day moving average price of $20.15 and a 200-day moving average price of $19.68.

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, meeting the consensus estimate of $0.16. Sabra Healthcare REIT had a return on equity of 5.60% and a net margin of 19.22%.The business had revenue of $211.74 million for the quarter, compared to analyst estimates of $209.20 million. During the same quarter in the prior year, the firm posted $0.37 earnings per share. The firm’s revenue for the quarter was up 20.9% compared to the same quarter last year. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. As a group, equities analysts predict that Sabra Healthcare REIT, Inc. will post 1.51 EPS for the current fiscal year.

Sabra Healthcare REIT Dividend Announcement

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend was Friday, May 15th. Sabra Healthcare REIT’s dividend payout ratio is 190.48%.

Institutional Investors Weigh In On Sabra Healthcare REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its holdings in Sabra Healthcare REIT by 22.6% in the first quarter. NewEdge Advisors LLC now owns 19,693 shares of the real estate investment trust’s stock valued at $379,000 after purchasing an additional 3,627 shares during the last quarter. Western Wealth Management LLC bought a new stake in Sabra Healthcare REIT in the first quarter valued at about $294,000. Amundi increased its holdings in Sabra Healthcare REIT by 22.7% in the first quarter. Amundi now owns 182,620 shares of the real estate investment trust’s stock valued at $3,512,000 after purchasing an additional 33,787 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Sabra Healthcare REIT by 21.0% in the first quarter. EverSource Wealth Advisors LLC now owns 4,708 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 817 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in Sabra Healthcare REIT by 32.2% in the first quarter. California State Teachers Retirement System now owns 298,653 shares of the real estate investment trust’s stock valued at $5,743,000 after purchasing an additional 72,721 shares during the last quarter. Institutional investors own 99.40% of the company’s stock.

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.