Sabra Well being Care REIT, Inc. (NASDAQ:SBRA) Receives Common Ranking of “Maintain” from Brokerages
Shares of Sabra Well being Care REIT, Inc. (NASDAQ:SBRA – Get Rating) have earned a median advice of “Maintain” from the twelve brokerages which might be presently overlaying the agency, MarketBeat Ratings studies. Seven analysts have rated the inventory with a maintain advice and 5 have assigned a purchase advice to the corporate. The common twelve-month goal worth amongst brokers which have issued a report on the inventory within the final yr is $15.85.
SBRA has been the subject of a number of latest analysis studies. Mizuho raised Sabra Well being Care REIT from a “impartial” ranking to a “purchase” ranking and reduce their goal worth for the inventory from $16.00 to $15.00 in a report on Wednesday, Could twenty fifth. StockNews.com initiated protection on Sabra Well being Care REIT in a report on Thursday, March thirty first. They set a “maintain” ranking on the inventory. Barclays downgraded Sabra Well being Care REIT from an “obese” ranking to an “equal weight” ranking and reduce their goal worth for the inventory from $16.00 to $14.00 in a report on Monday, April 18th. Capital One Monetary initiated protection on Sabra Well being Care REIT in a report on Friday, June third. They set an “equal weight” ranking and a $15.50 goal worth on the inventory. Lastly, Credit score Suisse Group lifted their goal worth on Sabra Well being Care REIT from $14.00 to $15.00 and gave the inventory a “impartial” ranking in a report on Monday, April 4th.
Sabra Well being Care REIT Buying and selling Up 0.6 %
Shares of SBRA stock opened at $14.74 on Friday. The agency has a market capitalization of $3.40 billion, a P/E ratio of -30.08 and a beta of 1.33. Sabra Well being Care REIT has a twelve month low of $11.44 and a twelve month excessive of $19.01. The corporate has a fast ratio of three.60, a present ratio of three.60 and a debt-to-equity ratio of 0.70. The inventory’s fifty day easy shifting common is $14.00 and its 200 day easy shifting common is $13.62.
Sabra Well being Care REIT (NASDAQ:SBRA – Get Rating) final issued its quarterly earnings knowledge on Wednesday, Could 4th. The true property funding belief reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Sabra Well being Care REIT had a unfavorable return on fairness of three.15% and a unfavorable internet margin of 18.28%. Throughout the identical quarter final yr, the corporate posted $0.39 EPS. As a gaggle, sell-side analysts predict that Sabra Well being Care REIT will put up 1.47 EPS for the present fiscal yr.
Sabra Well being Care REIT Publicizes Dividend
The corporate additionally lately declared a quarterly dividend, which was paid on Tuesday, Could thirty first. Buyers of document on Monday, Could sixteenth had been paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized foundation and a yield of 8.14%. The ex-dividend date of this dividend was Friday, Could thirteenth. Sabra Well being Care REIT’s dividend payout ratio (DPR) is at the moment -244.89%.
Institutional Inflows and Outflows
Institutional traders have lately added to or diminished their stakes within the firm. Wedbush Securities Inc. acquired a brand new place in Sabra Well being Care REIT in the course of the 1st quarter price roughly $740,000. Comerica Financial institution elevated its holdings in Sabra Well being Care REIT by 7.8% in the course of the 1st quarter. Comerica Financial institution now owns 280,321 shares of the true property funding belief’s inventory price $3,509,000 after buying a further 20,295 shares within the final quarter. Financial institution of America Corp DE elevated its holdings in Sabra Well being Care REIT by 40.6% in the course of the 4th quarter. Financial institution of America Corp DE now owns 335,561 shares of the true property funding belief’s inventory price $4,543,000 after buying a further 96,846 shares within the final quarter. Parallel Advisors LLC elevated its holdings in Sabra Well being Care REIT by 255.1% in the course of the 1st quarter. Parallel Advisors LLC now owns 10,181 shares of the true property funding belief’s inventory price $152,000 after buying a further 7,314 shares within the final quarter. Lastly, State of New Jersey Frequent Pension Fund D elevated its holdings in Sabra Well being Care REIT by 10.3% in the course of the 4th quarter. State of New Jersey Frequent Pension Fund D now owns 298,512 shares of the true property funding belief’s inventory price $4,042,000 after buying a further 27,980 shares within the final quarter. 91.61% of the inventory is owned by institutional traders and hedge funds.
Sabra Well being Care REIT Firm Profile
As of March 31, 2022, Sabra’s funding portfolio included 416 actual property properties held for funding. This consists of (i) 279 Expert Nursing/Transitional Care services, (ii) 59 Senior Housing communities (Senior Housing – Leased), (iii) 50 Senior Housing communities operated by third-party property managers pursuant to property administration agreements (Senior Housing – Managed), (iv) 13 Behavioral Well being services and (v) 15 Specialty Hospitals and Different services), one asset held on the market, one funding in a sales-type lease, 16 investments in loans receivable (consisting of (i) two mortgage loans, (ii) one development mortgage and (iii) 13 different loans), seven most popular fairness investments and one funding in an unconsolidated three way partnership.
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