Sabra Health Care REIT (NASDAQ:SBRA) Issues FY 2021 Earnings Guidance

Sabra Health Care REIT (NASDAQ:SBRA) updated its FY 2021 earnings guidance on Monday. The company provided EPS guidance of $1.510-$1.530 for the period. The company issued revenue guidance of -.

Several research firms have recently commented on SBRA. JMP Securities dropped their target price on shares of Sabra Health Care REIT from $24.00 to $20.00 and set a market outperform rating for the company in a research report on Monday, September 13th. Zacks Investment Research cut shares of Sabra Health Care REIT from a hold rating to a sell rating in a research report on Wednesday, September 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to MarketBeat, Sabra Health Care REIT currently has a consensus rating of Buy and an average price target of $19.38.

Shares of NASDAQ SBRA opened at $15.24 on Monday. The stock has a market cap of $3.37 billion, a P/E ratio of -169.31 and a beta of 1.50. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.50 and a quick ratio of 1.50. Sabra Health Care REIT has a 1 year low of $12.86 and a 1 year high of $19.01. The firm has a 50-day moving average of $16.72 and a 200 day moving average of $17.47.

Sabra Health Care REIT (NASDAQ:SBRA) last released its quarterly earnings data on Wednesday, August 4th. The real estate investment trust reported ($0.61) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.98). Sabra Health Care REIT had a negative net margin of 4.25% and a negative return on equity of 0.75%. Research analysts expect that Sabra Health Care REIT will post 1.51 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 31st. Shareholders of record on Tuesday, August 17th were paid a dividend of $0.30 per share. The ex-dividend date was Monday, August 16th. This represents a $1.20 dividend on an annualized basis and a yield of 7.87%. Sabra Health Care REIT’s dividend payout ratio is currently 68.97%.

About Sabra Health Care REIT

Sabra Health Care REIT, Inc engages in managing and investing in healthcare-related real estate properties. It focuses on the acquisition, financing and owning real estate property to be leased to third party tenants in the healthcare sector. The company was founded on May 10, 2010 and is headquartered in Irvine, CA.

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Earnings History and Estimates for Sabra Health Care REIT (NASDAQ:SBRA)

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