Welcome to our dedicated page for Sabra Health Care Reit news (Ticker: SBRA), a resource for investors and traders seeking the latest updates and insights on Sabra Health Care Reit stock.
Sabra Health Care REIT Inc (SBRA) is a leading healthcare-focused real estate investment trust specializing in nursing facilities, assisted living communities, and behavioral health properties. This page provides investors with a centralized hub for all official company announcements and market-related developments.
Access timely updates on earnings reports, property acquisitions, and strategic partnerships that shape SBRA's position in healthcare real estate. The curated news collection enables stakeholders to track operational milestones, leasing activity, and industry trends impacting this specialized REIT.
Content spans quarterly financial disclosures, facility portfolio expansions, management updates, and regulatory developments. Bookmark this resource to stay informed about SBRA's role in serving healthcare operators through essential real estate solutions across the United States.
Sabra Health Care REIT (Nasdaq: SBRA) has scheduled its first quarter 2025 earnings announcement for May 5, 2025, after market close. The company will host a conference call and simultaneous webcast to discuss the quarterly results on May 6, 2025, at 10:00 a.m. Pacific Time.
U.S. participants can join via phone at 888-880-4448, while international participants can dial 646-960-0572, using conference ID 1382596. The webcast will be available through the company's website.
Sabra Health Care REIT (Nasdaq: SBRA) has announced its key leadership team's upcoming participation in Deutsche Bank's 2025 Healthcare REIT Summit. The virtual event is scheduled for April 10, 2025.
The attending executives include Rick Matros (Chair and CEO), Michael Costa (CFO), Talya Nevo-Hacohen (CIO), Jessica Flores (Chief Accounting Officer), Darrin Smith (EVP of Investments), and Lukas Hartwich (EVP of Finance).
Sabra Health Care REIT (Nasdaq: SBRA) announced a leadership transition as Chief Investment Officer Talya Nevo-Hacohen plans to retire effective December 31, 2025. Darrin Smith, current Executive Vice President of Investments, will assume the CIO role on January 1, 2026. Nevo-Hacohen will continue supporting the company through a two-year consulting arrangement.
Under Nevo-Hacohen's leadership since 2010, Sabra has grown from 86 properties with a single tenant to a $6.5 billion enterprise comprising 399 investments. Smith brings over 30 years of real estate experience to the CIO position, having enhanced the investment team's capabilities during his five-year tenure at Sabra.
Sabra Health Care REIT (SBRA) reported strong fourth quarter 2024 results, with net income of $0.19 per diluted share, FFO of $0.36, and Normalized FFO/AFFO of $0.35-0.36. The company showed robust performance across its portfolio, with skilled nursing EBITDARM coverage at 2.09x and same-store managed senior housing Cash NOI increasing 17.9% year-over-year.
During Q4 2024, Sabra acquired a managed senior housing community for $24.0 million with an 8.6% initial cash yield and disposed of ten facilities for $56.5 million. The company's Net Debt to Adjusted EBITDA stood at 5.27x. The Board declared a quarterly dividend of $0.30 per share.
For 2025, Sabra introduced guidance with Net Income of $0.67-$0.70 per share, FFO of $1.42-$1.45, and Normalized AFFO of $1.48-$1.51, projecting low-single-digit NOI growth for triple-net portfolio and low-to-mid teens growth for managed senior housing.
Sabra Health Care REIT (Nasdaq: SBRA) has announced its leadership team's participation in two major industry conferences in March 2025. Rick Matros (Chair and CEO), Michael Costa (CFO), Talya Nevo-Hacohen (CIO), Darrin Smith (EVP of Investments), and Lukas Hartwich (EVP of Finance) will attend Citi's 2025 Global Property CEO Conference from March 3-5 at The Diplomat Beach Resort in Hollywood, Florida.
Additionally, Darrin Smith, Eliza Gozar (SVP of Investments), and other company representatives will participate in the 2025 NIC Spring Conference from March 5-7 at the Marriott Marquis in San Diego, California.
Sabra Health Care REIT (NASDAQ: SBRA) has announced three key leadership promotions. Lukas Hartwich has been elevated to Executive Vice President – Finance from his previous Senior Vice President role. Since joining in October 2021, he has led financial planning, investor relations, and business intelligence functions.
Kara Pappanduros has been promoted to Senior Vice President – Asset Management, bringing over 24 years of skilled nursing operations experience. Anna Mohr has been promoted to Vice President – Human Resources, having led HR strategies since June 2020 with SHRM-SCP and SPHR certifications.
Sabra Health Care REIT (Nasdaq: SBRA) has scheduled its fourth quarter 2024 earnings release for February 19, 2025, after market close. The company will host a conference call with webcast on February 20 at 10:00 a.m. Pacific Time to discuss the results.
Additionally, Sabra's board of directors has declared a quarterly cash dividend of $0.30 per share of common stock. The dividend will be paid on February 28, 2025, to stockholders of record as of February 14, 2025.
Sabra Health Care REIT (NASDAQ: SBRA) has disclosed the tax treatment of its 2024 dividend distributions. The company will distribute a total of $1.20 per share across four quarterly payments of $0.30 each, scheduled for February 29, May 31, August 30, and November 29, 2024.
Of the total distribution, 88.33% ($1.0599644 per share) qualifies as non-qualified ordinary dividends, while 11.67% ($0.1400356 per share) represents non-dividend distributions. The company reported that all non-qualified ordinary dividends qualify as Section 199A Dividends, subject to shareholders holding their REIT shares for at least 45 days.
Sabra Health Care REIT (Nasdaq: SBRA) has announced its participation in Nareit's REITworld 2024 Annual Conference. The event will take place on November 19-20, 2024 at the Wynn Las Vegas in Las Vegas, Nevada. The company will be represented by key executives including Rick Matros (Chair and CEO), Michael Costa (CFO), Darrin Smith (EVP of Investments), and Lukas Hartwich (SVP of Finance).
Sabra Health Care REIT (Nasdaq: SBRA) reported Q3 2024 results with net income of $0.13 per share, FFO of $0.34, and Normalized AFFO of $0.37. The company's same-store managed senior housing Cash NOI increased 17.8% year-over-year. During Q3, Sabra acquired two managed senior housing communities for $75.8 million and disposed of four skilled nursing facilities for $34.9 million. The company updated its 2024 guidance with Net Income of $0.48-$0.49 and Normalized AFFO of $1.43-$1.44 per share. As of September 30, Net Debt to Adjusted EBITDA was 5.30x, with approximately $947.8 million in liquidity.
