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) announced a definitive agreement to amend its master lease with tenant Avamere Group. Effective February 1, 2022, Avamere's annual base rent will be reduced by 30%, from $44.1 million to $30.7 million, impacting Sabra's earnings by approximately $0.06 per diluted common share. This restructuring aims to provide Avamere with financial relief while allowing Sabra to benefit from potential future revenue growth. Additionally, Avamere will fund a $7.7 million security deposit and has addressed past due rents totaling $7.3 million.
Sabra Health Care REIT (SBRA) will release its 2021 fourth quarter earnings on February 22, 2022, before market opens. A conference call to discuss the results will occur at 10:00 a.m. PST on the same day, with dial-in options for U.S. and international participants. Additionally, the board declared a quarterly cash dividend of $0.30 per share, payable on February 28, 2022, to stockholders on record as of February 11, 2022.
Sabra Health Care REIT, Inc. (NASDAQ: SBRA) has released its 2021 tax treatment for distributions, detailing cash distributions for tax purposes. Shareholders received a total of $1.20 per share, comprising $0.6249924 in ordinary dividends, with 52.08% classified as non-qualified. Additionally, the press release highlights regulatory requirements for dividends to qualify under Section 199A, necessitating a 45-day holding period. Investors are advised to consult tax advisors regarding potential impacts on their dividends.
Sabra Health Care REIT (NASDAQ: SBRA) announced that key executives, including CEO Rick Matros and CFO Michael Costa, will participate in the Stifel 2022 Seniors Housing and Healthcare Real Estate Conference virtually on January 27, 2022. The company, headquartered in Maryland, specializes in real estate investments serving the healthcare sector across the United States and Canada. This participation highlights Sabra's commitment to engaging with investors and staying informed about industry trends.
Sabra Health Care REIT announced its participation in the Bank of America Virtual West Coast Tour on January 13, 2022. Key executives attending include Rick Matros (Chair & CEO), Michael Costa (CFO), Talya Nevo-Hacohen (CIO), and Lukas Hartwich (SVP of Finance). This event showcases Sabra's commitment to the healthcare real estate sector across the United States and Canada. Sabra operates as a self-administered and self-managed REIT, focusing on investments in healthcare-related real estate.
Sabra Health Care REIT (NASDAQ: SBRA) announced its participation in the Capital One Securities 2nd Annual REIT Conference, taking place virtually on January 10-11, 2022. Key executives attending include Chair and CEO Rick Matros, Chief Investment Officer Talya Nevo-Hacohen, Chief Financial Officer Michael Costa, and Senior Vice President of Finance Lukas Hartwich. The company is known for owning and investing in healthcare real estate across the United States and Canada, operating as a self-administered, self-managed real estate investment trust.
Sabra Health Care REIT (SBRA) announced that key executives, including CEO Rick Matros and CFO Harold Andrews, will participate in the Jefferies Real Estate Conference virtually on December 15-16, 2021. The company, based in Maryland, operates as a self-administered and self-managed REIT, focusing on real estate investments in the healthcare sector across the United States and Canada. This engagement at the conference aims to enhance investor relations and showcase Sabra’s strategic initiatives in the healthcare real estate market.
Sabra Health Care REIT (NASDAQ: SBRA) announced that its leadership team, including CEO Rick Matros and CFO Harold Andrews, will participate virtually in the JMP Securities Financial Services and Real Estate Conference on November 18, 2021. The company, based in Maryland, focuses on owning and investing in real estate for the healthcare sector across the United States and Canada.
Sabra Health Care REIT (SBRA) released its Q3 2021 operational results, reporting net income of $0.05 per share and FFO of $0.27. A significant write-off of $25.2 million in rent receivables related to Avamere impacted earnings. Despite this, the company maintained a robust EBITDARM coverage of 2.09x. Year-to-date, Sabra has made investments totaling $396.7 million, with a strong cash yield of 7.55%. The company reaffirmed its full-year guidance for Normalized FFO and AFFO. A quarterly dividend of $0.30 per share was declared, reflecting a 79% payout of Normalized AFFO.
Sabra Health Care REIT (Nasdaq: SBRA) announced that its key executives will participate in Nareit's REITworld 2021 Annual Conference, scheduled for November 9-11, 2021. The attending executives include Rick Matros (Chair and CEO), Harold Andrews (CFO), Talya Nevo-Hacohen (CIO), and Michael Costa (EVP and Chief Accounting Officer). Sabra, headquartered in Maryland, operates as a self-administered and self-managed REIT, focusing on real estate investments in the healthcare sector across the U.S. and Canada.
