STOCK TITAN

Sabra Healthcare REIT, Inc. - SBRA STOCK NEWS

Welcome to our dedicated page for Sabra Healthcare REIT news (Ticker: SBRA), a resource for investors and traders seeking the latest updates and insights on Sabra Healthcare REIT stock.

Sabra Healthcare REIT, Inc. (SBRA) is a self-administered and self-managed real estate investment trust (REIT) based in Maryland. Specializing in healthcare properties, Sabra generates revenue by leasing its properties to local, regional, and national healthcare operators and tenants throughout the United States. The company's portfolio is diversified across various segments of the healthcare industry, including nursing facilities, assisted living centers, and mental health facilities.

Core Business: Sabra focuses on acquiring, owning, and financing real estate assets in the healthcare sector. The company’s business model involves leasing properties to healthcare operators, which ensures a steady stream of income. This strategic approach allows Sabra to leverage the growing demand for quality healthcare facilities across the nation.

Recent Achievements: Sabra has recently expanded its portfolio by acquiring several high-quality healthcare properties. These acquisitions are part of Sabra's ongoing strategy to enhance its property mix and geographical presence, positioning the company for long-term growth in the healthcare real estate market.

Current Projects: The company is actively involved in several development and renovation projects aimed at upgrading their existing facilities and supporting their tenants in delivering top-notch healthcare services. These projects are expected to improve operational efficiencies and the overall value of their property portfolio.

Financial Condition: Sabra continues to demonstrate financial stability with a strong balance sheet. The company’s revenue is primarily derived from leasing agreements, providing a reliable income stream. Sabra's prudent financial management and selective investment in high-quality assets contribute to its robust financial condition.

Partnerships: Sabra collaborates with a wide range of healthcare operators, from small local providers to large national chains. These partnerships are crucial for maintaining and enhancing the quality and accessibility of healthcare services across its properties.

Products: Sabra’s offerings include long-term leases on various types of healthcare facilities. These properties are designed to meet the specific needs of different healthcare sectors, ensuring that tenants have the necessary infrastructure to provide excellent care to their patients.

Rhea-AI Summary

Sabra Health Care REIT (Nasdaq: SBRA) has announced that key executives including CEO Rick Matros, CFO Michael Costa, CIO Talya Nevo-Hacohen, CAO Jessica Flores, and SVP of Finance Lukas Hartwich will participate in Nareit’s REITweek 2024 Investor Conference. This event will be held from June 4 to June 6, 2024, at the New York Hilton Midtown in New York City.

The participation in this conference signals SBRA's commitment to engaging with investors and stakeholders, presenting an opportunity to discuss company strategies, financial health, and future plans. The conference is a significant event within the REIT community, drawing attention from a broad range of investors and industry analysts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
conferences
-
Rhea-AI Summary

Sabra Health Care REIT, Inc. announced its first-quarter 2024 results, reporting positive earnings per diluted common share figures. The company reiterates its 2024 guidance, showcasing strong financial performance and a solid balance sheet. Sabra's CEO highlighted the portfolio's growth and strength, emphasizing a positive outlook for future investments. The company also disclosed its liquidity status and upcoming conference call details.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
-
Rhea-AI Summary
Sabra Health Care REIT, Inc. (SBRA) has announced the release date for its 2024 first quarter earnings and a conference call to discuss the results. The earnings release is scheduled for May 8, 2024, with the conference call set for May 9 at 10:00 a.m. Pacific Time. Participants can join the call via dial-in or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
Rhea-AI Summary
Sabra Health Care REIT, Inc. (SBRA) executives to attend Deutsche Bank Inaugural Healthcare REIT Summit on April 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
conferences
-
Rhea-AI Summary
Sabra Health Care REIT, Inc. announced its fourth quarter 2023 results, with positive earnings per share and expanded relationships with Ignite Medical Resorts. The company declared a quarterly cash dividend and introduced 2024 earnings guidance. CEO Rick Matros expressed satisfaction with the progress and stability achieved, highlighting growth in skilled nursing and senior housing platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
-
Rhea-AI Summary
Sabra Health Care REIT, Inc. (SBRA) executives will attend key conferences in March 2024, including Citi's Global Property CEO Conference and NIC Spring Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
conferences
Rhea-AI Summary
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) will release its 2023 fourth quarter earnings on February 27, 2024, followed by a conference call and webcast the next day. The company's board of directors has also declared a quarterly cash dividend of $0.30 per share of common stock, payable on February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
Tags
dividends earnings
-
Rhea-AI Summary
Sabra Health Care REIT, Inc. (SBRA) announced the tax treatment for its 2023 distributions. The company paid a total of $1.20 per share in dividends, with 56.98% being non-qualified dividends and 43.02% being qualified dividends. Shareholders are advised to consult with their tax advisors to understand the impact of these dividends on their tax returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
-
Rhea-AI Summary
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) appoints Jessica Flores as Executive Vice President and Chief Accounting Officer. Flores has over 15 years of experience in accounting, finance, and real estate investments and has held various leadership positions within the company since joining in 2011. She is a Certified Public Accountant and a graduate of UCLA with a Bachelor of Arts in Business Economics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
management
Rhea-AI Summary
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) executives to participate in Stifel’s 2024 Seniors Housing and Healthcare Real Estate Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
conferences

FAQ

What is the current stock price of Sabra Healthcare REIT (SBRA)?

The current stock price of Sabra Healthcare REIT (SBRA) is $18.39 as of November 20, 2024.

What is the market cap of Sabra Healthcare REIT (SBRA)?

The market cap of Sabra Healthcare REIT (SBRA) is approximately 4.3B.

What is Sabra Healthcare REIT, Inc.?

Sabra Healthcare REIT, Inc. (SBRA) is a real estate investment trust that owns and invests in healthcare properties across the United States.

What types of properties does Sabra own?

Sabra owns and leases nursing facilities, assisted living centers, and mental health facilities.

How does Sabra generate revenue?

Sabra generates revenue by leasing its healthcare properties to local, regional, and national healthcare operators.

Where does Sabra conduct its operations?

All of Sabra's operations and revenue generation take place within the United States.

What recent achievements has Sabra made?

Sabra has recently expanded its portfolio by acquiring high-quality healthcare properties and is involved in several development and renovation projects.

What is the financial condition of Sabra?

Sabra maintains a strong financial position with a stable balance sheet and reliable income from leasing agreements.

Who are Sabra's tenants?

Sabra's tenants include a diverse range of healthcare operators, from small local providers to large national chains.

What is unique about Sabra's business model?

Sabra's business model focuses on owning and leasing healthcare properties, ensuring a steady revenue stream and supporting the healthcare sector.

What partnerships does Sabra have?

Sabra partners with various healthcare providers to maintain and enhance the quality of services offered at its properties.

What current projects is Sabra involved in?

Sabra is actively engaged in development and renovation projects aimed at upgrading their existing healthcare facilities.

Sabra Healthcare REIT, Inc.

Nasdaq:SBRA

SBRA Rankings

SBRA Stock Data

4.33B
233.83M
1.17%
99.18%
7.62%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
IRVINE