As of September 30, 2020, Sabra’s investment portfolio included 425 real estate properties held for investment (consisting of (i) 287 Skilled Nursing/Transitional Care facilities, (ii) 64 Senior Housing communities (“Senior Housing - Leased”), (iii) 47 Senior Housing communities operated by third-party property managers pursuant to property management agreements (“Senior Housing - Managed”) and (iv) 27 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a direct financing lease, 19 investments in loans receivable (consisting of (i) one mortgage loan, (ii) one construction loan and (iii) 17 other loans), six preferred equity investments and one investment in an unconsolidated joint venture that owns 158 Senior Housing - Managed communities.
Share Price & News
How has Sabra Health Care REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SBRA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SBRA's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SBRA underperformed the US REITs industry which returned 36.1% over the past year.
Return vs Market: SBRA underperformed the US Market which returned 33% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sabra Health Care REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDeclining Stock and Decent Financials: Is The Market Wrong About Sabra Health Care REIT, Inc. (NASDAQ:SBRA)?
3 months ago | Simply Wall StHere's Why We Think Sabra Health Care REIT, Inc.'s (NASDAQ:SBRA) CEO Compensation Looks Fair for the time being
4 months ago | Simply Wall StSabra Health Care REIT, Inc. Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next
Sabra Health Care REIT Fundamentals Summary
|SBRA fundamental statistics|
Is SBRA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SBRA income statement (TTM)|
|Cost of Revenue||US$133.45m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.12|
|Net Profit Margin||-4.28%|
How did SBRA perform over the long term?See historical performance and comparison
7.8%Current Dividend Yield
Is Sabra Health Care REIT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SBRA ($15.46) is trading below our estimate of fair value ($40.14)
Significantly Below Fair Value: SBRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SBRA is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: SBRA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SBRA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SBRA is good value based on its PB Ratio (1x) compared to the US REITs industry average (2x).
How is Sabra Health Care REIT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SBRA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SBRA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SBRA's is expected to become profitable in the next 3 years.
Revenue vs Market: SBRA's revenue (4% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: SBRA's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SBRA's Return on Equity is forecast to be low in 3 years time (5.2%).
How has Sabra Health Care REIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SBRA is currently unprofitable.
Growing Profit Margin: SBRA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SBRA is unprofitable, and losses have increased over the past 5 years at a rate of 0.5% per year.
Accelerating Growth: Unable to compare SBRA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SBRA is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (3.9%).
Return on Equity
High ROE: SBRA has a negative Return on Equity (-0.76%), as it is currently unprofitable.
How is Sabra Health Care REIT's financial position?
Financial Position Analysis
Short Term Liabilities: SBRA's short term assets ($290.8M) exceed its short term liabilities ($93.6M).
Long Term Liabilities: SBRA's short term assets ($290.8M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: SBRA's debt to equity ratio (67.7%) is considered high.
Reducing Debt: SBRA's debt to equity ratio has reduced from 118.2% to 67.7% over the past 5 years.
Debt Coverage: SBRA's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: SBRA's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Sabra Health Care REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SBRA's dividend (7.76%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: SBRA's dividend (7.76%) is in the top 25% of dividend payers in the US market (3.65%)
Stability and Growth of Payments
Stable Dividend: SBRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBRA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.3%), SBRA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBRA's dividends in 3 years are forecast to be covered by earnings (71.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick Matros (67 yo)
Mr. Richard K. Matros, also known as Rick, has been President and Chief Executive Officer and Director at Baylor Scott & White Medical Center - Sunnyvale since May 2010 and has been its Chairman of the Boa...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD5.46M) is about average for companies of similar size in the US market ($USD5.25M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
Experienced Management: SBRA's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: SBRA's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Sabra Health Care REIT, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sabra Health Care REIT, Inc.
- Ticker: SBRA
- Exchange: NasdaqGS
- Founded: 2010
- Industry: Health Care REITs
- Sector: Real Estate
- Market Cap: US$3.414b
- Shares outstanding: 220.82m
- Website: https://www.sabrahealth.com
Number of Employees
- Sabra Health Care REIT, Inc.
- 18500 Von Karman Avenue
- Suite 550
- United States
As of September 30, 2020, Sabra’s investment portfolio included 425 real estate properties held for investment (consisting of (i) 287 Skilled Nursing/Transitional Care facilities, (ii) 64 Senior Housing co...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 00:20|
|End of Day Share Price||2021/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.