Sabra Health Care

Sabra Health Care REIT, Inc. engages in managing and investing in healthcare-related real estate properties. It focuses on the acquisition, financing and owning real estate property to be leased to third party tenants in the healthcare sector. The company was founded on May 10, 2010 and is headquartered in Irvine, CA.

Earnings data Q1 2021

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Sabra Health Care reports strong Q4 performance amidst Enlivant JV challenges

Sabra Health Care showcased improved performance in occupancy rates and revenue growth, with a strategic focus on senior housing opportunities.
Despite challenges from the Enlivant JV impact and market uncertainties, Sabra's strengths in debt management and asset operations position it well for future growth.
Opportunities lie in securing interest rates, expanding in the senior housing sector, and resolving uncertainties around the Enlivant JV for strategic advancement.
Addressing challenges such as transaction market dynamics and maintaining growth momentum will be crucial for Sabra's continued success in the healthcare real estate sector.

Sabra Health Care reports stable Q1 performance amidst market challenges

Sabra Health Care's Q1 2023 performance reflects stability and operational improvements in skilled nursing and senior housing portfolios.
While facing challenges in investment activity and rising debt financing rates, the company is leveraging opportunities in Medicaid rate increases and strategic investments.
Maintaining financial strength and flexibility, Sabra Health Care is poised to navigate market uncertainties and drive operational efficiency.

Sabra Health Care reports robust Q2 performance and eyes 2024 growth

Sabra Health Care's Q2 2023 earnings call highlighted positive performance metrics, ongoing margin recovery efforts, and strategic initiatives to drive occupancy and revenue growth. Despite challenges in the IL segment and market dynamics, the company's strong financial position and focus on portfolio optimization position it well for future opportunities.

Sabra Health Care posts robust Q3 results, eyes growth opportunities

Sabra Health Care's Q3 2023 earnings call reflects strong performance, portfolio stability, and growth potential. Challenges include maintaining coverage ratios and addressing analyst concerns. Opportunities exist in acquisitions, financing, and leveraging portfolio momentum.

Sabra Health Care reports strong Q4 performance and eyes industry growth opportunities

Sabra Health Care showcased strong performance in occupancy and financial metrics, with a focus on operational improvements and growth strategies.
While facing challenges related to occupancy levels and construction costs, the company remains optimistic about industry recovery and growth potential.
Opportunities in the skilled nursing space and sale-leaseback investments present avenues for expansion and strategic development.
Analysts' inquiries and discussions on acquisitions, regulatory issues, and financial guidance reflect a dynamic landscape with potential for strategic advancements.

Sabra Health Care reports solid Q3 performance amidst cautious outlook

Sabra Health Care's Q3 2024 earnings call reflected strong financial performance, strategic focus on quality investments, and cautious outlook on guidance and debt metrics. The company faces competition in skilled nursing but sees opportunities in acquisitions and margin improvement.

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Sabra Health Care REIT, Inc. engages in the business of acquiring, financing, and owning real estate property. The company was founded on May 10, 2010 and is headquartered in Tustin, CA.

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the acquisition of a 100-unit senior housing facility in Augusta, Georgia and a former senior housing facility in Gulf Breeze, Florida for an aggregate purchase price of $28.5 million. On March 5, 2021, Sabra completed the acquisition of a 100-unit assisted living and memory care facility, The Claiborne at West Lake, located in Augusta, Georgia. The community opened in late 2018 and was nearly

Sabra Health Care REIT Acquires a 100-Unit Senior Housing Facility and a Former Senior Housing Facility to be Converted to an Addiction Treatment Center

With interest rates still historically low, many investors are turning to high-yield real estate investment trusts as a reliable source of income. Yet a REIT's dividend yield is only as reliable as its underlying business.

Why This High Dividend REIT Could Be A Steal Right Now

Sabra Health Care REIT's (SBRA) CEO Rick Matros on Q4 2020 Results - Earnings Call Transcript

Sabra Health Care REIT Inc. managed through 2020 with good results. Two rating agencies gave it upgrades as well.

Sabra: The Trend Is Not Your Friend

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced results of operations for the fourth quarter of 2020 and provided a business update and guidance for the first quarter of 2021. FOURTH QUARTER 2020 RESULTS AND RECENT EVENTS Following are the highlights of our results for the fourth quarter of 2020 and recent events: For the fourth quarter of 2020, net income attributable to common stockholders, FFO, Normalized FFO, AFFO

Sabra Reports Fourth Quarter 2020 Results; Provides Business Update and 1Q 2021 Guidance

Sabra (SBRA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Sabra (SBRA) Ahead of Earnings?

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, Harold Andrews, the company's Chief Financial Officer, Talya Nevo-Hacohen, the company's Chief Investment Officer, and Michael Costa, the company's Executive Vice President of Finance and Chief Accounting Officer, will attend the virtual Wells Fargo Real Estate Securities Conference on February 24, 2021. About Sabra Sabra Health Care

Sabra Health Care REIT, Inc. to Attend the Wells Fargo Real Estate Securities Conference

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Small-cap REITs trade at low P/FFO multiples and often pay out higher dividends, leading to the notion that they may be undervalued. There are justifiable reasons for the persistent low multiples of small-cap REITs, as they have high leverage, external management, and poor earnings growth.

KBWY: The Highest-Yielding REIT ETF Has The Lowest Returns

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that it will issue its 2020 fourth quarter earnings release on February 22, 2021. A conference call with a simultaneous webcast to discuss the 2020 fourth quarter results will be held on Tuesday, February 23 at 10:00 a.m. Pacific Time. The dial-in number for U.S. participants is 844-862-3710. For participants outside the U.S., the dial-in number is 612-979-9902. The conference ID number is 6793158. The

Sabra Health Care REIT, Inc. Announces Fourth Quarter 2020 Earnings Release Date and Conference Call; Declares Common Dividend

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Fitch Ratings (“Fitch”) has revised its rating outlook for Sabra to Stable from Negative and that both Fitch and S&P Global Ratings (“S&P”) affirmed the ratings for Sabra's debt as 'BBB-'. Fitch notes in its report that its affirmation of Sabra's ratings and revision to Stable Rating Outlook reflect its view of Sabra's demonstrated commitment to prioritizing its financial policies amidst th

Fitch Revises Sabra's Outlook to Stable; Fitch and S&P Affirm Sabra's Credit Ratings

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced today the tax treatment for its 2020 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid: Sabra Health Care REIT, Inc. Common Stock (CUSIP # 78573L106) Record Date Payable Date Distribution per Share   Total Ordinary Dividends   Non- Qualified Dividends   Qualified Dividends   Non-Dividend Distributions 02/14/2020 02/28/2020 $ 0.4500000     $ 0.3467358

Sabra Health Care REIT, Inc. Announces Tax Treatment of 2020 Distributions

Sabra Health Care REIT is seeing some near-term challenges, but I believe the company will weather through them. It has made solid progress on deleveraging its balance sheet in recent years.

6.8% Yield, Why Sabra Health Care REIT Deserves A Second Look

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the appointment of Katie Cusack to its Board of Directors. Ms. Cusack currently serves as Chief Operating Officer of Cornell Capital LLC, a $4 billion private investment firm with offices in New York and Hong Kong. From 2007 to 2020, Ms. Cusack served in various capacities at Credit Suisse, including Chief Operating Officer for the Investment Banking Division in both Asia Pacific and Europe, M

Sabra Health Care REIT Appoints Katie Cusack to its Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced that Michael Costa has been appointed Chief Accounting Officer and, in such capacity, has been designated by the Company's Board of Directors as the Company's principal accounting officer. Mr. Costa currently serves as Sabra's Executive Vice President - Finance, a position he has held since August 2017. Previously, Mr. Costa held various leadership positions overseeing Sabra's accounting and f

Sabra Health Care REIT Appoints Michael Costa as Chief Accounting Officer

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, Harold Andrews, the company's Chief Financial Officer, Talya Nevo-Hacohen, the company's Chief Investment Officer, and Michael Costa, the company's Executive Vice President of Finance, will attend the Capital One Securities Inaugural REIT Conference on January 11, 2021. Additionally, on January 19, 2021, Mr. Matros, Mr. Andrews, Ms. N

Sabra Health Care REIT, Inc. to Attend the Capital One Securities Inaugural REIT Conference and the Stifel 2021 Seniors Housing and Healthcare Real Estate Conference

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the appointment of Ann Kono to its Board of Directors. Ms. Kono currently serves as the chief executive officer of Leda Advisory Group, a management consulting firm she founded in January 2019 that partners with startup companies to advise on growth and scale. Prior to founding Leda, Ms. Kono spent 11 years at Ares Management Corporation, where she held the position of Chief Information and Ri

Sabra Health Care REIT Appoints Ann Kono to Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the appointment of Clifton J. Porter II to its Board of Directors. Clifton J. Porter II currently serves as Senior Vice President of the American Healthcare Association/National Center for Assisted Living and is responsible for leading and executing the Association's policy and legislative agenda impacting both the skilled nursing and assisted living sectors. Mr. Porter has over 31 years of ex

Sabra Health Care REIT Appoints Clifton J. Porter II to Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announces that its Chief Investment Officer, Talya Nevo-Hacohen, was named as one of the winners of the Orange County Business Journal's Women In Business Awards. The 26th Annual Women in Business Awards Program honors exceptional business and professional Orange County women and Ms. Nevo-Hacohen was selected from over 200 nominees to receive this prestigious honor. Commenting on this accomplishment, Sabra's Chairman a

Talya Nevo-Hacohen Named a Winner of the Orange County Business Journal's Women In Business Awards

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announces the passing of founding board member, Bob Ettl. Commenting on the passing of Mr. Ettl, Sabra's Chairman and Chief Executive Officer, Rick Matros, said, “It is with immense sadness I announce the passing of my dear friend and Sabra board member Bob Ettl. Bob and his wife Marian and their sons David and Aaron were so much a part of our life. Marian and my wife Adrienne are the best of friends. Aaron and our son

Sabra Announces the Passing of Founding Board Member, Bob Ettl

Sabra Health Care REIT, Inc. delivered what appeared to be impressive Q3-2020 results. The CARES Act was singlehandedly powering these numbers.

Sabra: Dividend Safety Despite Distressed Tenants

Sabra has seen some challenges in its senior housing - managed segment, but the rest of the portfolio is holding up well. Assisted Living and Memory Care facility eligibility for CARES Act funding since September 1st should provide welcome support for Sabra's tenants.

Sabra Health Care REIT: Safe 8.7% Yield With 16% Upside

Sabra Health Care REIT, Inc. (SBRA) CEO Rick Matros on Q3 2020 Results - Earnings Call Transcript

Sabra (SBRA) delivered FFO and revenue surprises of 9.52% and -6.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Sabra Healthcare (SBRA) Beats Q3 FFO Estimates

IRVINE, Calif.--(BUSINESS WIRE)-- #Healthcare--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq:SBRA) today announced results of operations for the third quarter of 2020 and provided a business update. THIRD QUARTER 2020 RESULTS AND RECENT EVENTS Following are the highlights of our results for the third quarter of 2020 and recent events: For the third quarter of 2020, net income attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share we

Sabra Reports Third Quarter 2020 Results; Provides Business Update

IRVINE, Calif.--(BUSINESS WIRE)--Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, Harold Andrews, the company's Chief Financial Officer, Talya Nevo-Hacohen, the company's Chief Investment Officer, and Michael Costa, the company's Executive Vice President of Finance, will attend Nareit's REITworld 2020 Annual Conference on November 17-19, 2020. Additionally, Mr. Matros, Mr. Andrews, Ms. Nevo-Hacohen and Mr. Costa wi

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