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Sabra Health Care REIT Inc (SBRA.OQ)

SBRA.OQ on NASDAQ Stock Exchange Global Select Market

17.20USD
20 Apr 2018
Change (% chg)

$-0.34 (-1.94%)
Prev Close
$17.54
Open
$17.49
Day's High
$17.62
Day's Low
$17.13
Volume
472,562
Avg. Vol
524,259
52-wk High
$29.09
52-wk Low
$15.78

Latest Key Developments (Source: Significant Developments)

Sabra Health Care REIT Qtrly Adjusted FFO Per Share $0.66
Wednesday, 21 Feb 2018 04:10pm EST 

Feb 21 (Reuters) - Sabra Health Care REIT Inc ::SABRA REPORTS FOURTH QUARTER 2017 RESULTS; CLOSES ON ENLIVANT INVESTMENTS; PROVIDES UPDATE ON CCP MERGER EXECUTION; PROVIDES UPDATE ON GENESIS EXODUS; UPDATES 2018 EARNINGS GUIDANCE.Q4 ADJUSTED FFO PER SHARE $0.60 .Q4 FFO PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S.QTRLY FFO PER SHARE $0.60.QTRLY NORMALIZED FFO PER SHARE $0.66.SEES ‍2018 FFO SHR $2.31 TO $2.39; AFFO SHR $2.15 TO $2.23 AND NORMALIZED AFFO SHR $2.28 TO $2.36​.FY2018 FFO SHR VIEW $2.49 -- THOMSON REUTERS I/B/E/S.  Full Article

Sabra Health Care REIT reports Q3 ‍FFO earnings per share of $0.34​
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Sabra Health Care REIT Inc :Sabra reports third quarter 2017 results and improved balance sheet with leverage lowered to 4.79x; increases quarterly common stock dividend by 5%; reports smooth integration of CCP and subsequent investments; reaffirms 2017 and 2018 guidance.Quarterly ‍ffo earnings per share $0.34​.Quarterly ‍normalized FFO per share $0.63​.Quarterly ‍affo earnings per share $0.56​.Quarterly ‍normalized AFFO earnings per share $0.60​.Quarterly ‍total revenues of $111.8 million versus $61.9 million.  Full Article

Sabra Health Care Reit prices public offering of 16 mln shares of common stock
Monday, 25 Sep 2017 10:30pm EDT 

Sept 26 (Reuters) - Sabra Health Care Reit Inc :Sabra Health Care Reit prices public offering of 16,000,000 shares of common stock.Announced pricing of an underwritten public offering of 16 million shares of its common stock at a price to public of $21.00 per share.  Full Article

Sabra Health Care REIT announces public offering of 16,000,000 shares of common stock
Monday, 25 Sep 2017 04:24pm EDT 

Sept 25 (Reuters) - Sabra Health Care REIT Inc :Sabra Health Care REIT announces public offering of 16,000,000 shares of common stock.Sabra Health Care REIT Inc - ‍intends to use net proceeds from offering to repay borrowings outstanding on Sabra's revolving credit facility​.  Full Article

Sabra moves through Sabra 2.0 with the CCP acquisition to Sabra 3.0
Monday, 25 Sep 2017 04:23pm EDT 

Sept 25 (Reuters) - Sabra Health Care Reit Inc :Sabra quickly moves through Sabra 2.0 with the CCP acquisition to Sabra 3.0; follows up announcement of $371 million investment in enlivant joint ventures with (1) $430 million sale/leaseback transaction with a premier SNF operator and (2) a divestiture p.Sabra Health Care REIT Inc - ‍it has begun process of marketing for sale its remaining 43 facilities leased to genesis healthcare, inc​.Sabra Health Care REIT Inc - ‍updated 2018 outlook for normalized affo per share at a range of $2.33 to $2.39​.Sabra Health Care REIT Inc - ‍reaffirms 2017 outlook and updates 2018 outlook​.Sabra Health Care REIT Inc sees 2018 normalized ffo attributable to common stockholders $ 2.48 to $ 2.54.Sabra Health Care REIT Inc - ‍divestiture plan for entire genesis portfolio in 2018​.  Full Article

Sabra enters into agreements to acquire 49 pct equity interest in senior housing joint ventures managed by Enlivant
Tuesday, 19 Sep 2017 04:05pm EDT 

Sept 19 (Reuters) - Sabra Health Care REIT Inc :Sabra enters into agreements to acquire 49% equity interest in senior housing joint ventures managed by Enlivant; closing expected prior to year end 2017; places Sabra on path to 100% ownership of portfolio.Says transaction values portfolio at $1.62 billion and Sabra's 49% minority interest investment at $371.0 million.Sabra Health Care REIT Inc - ‍Expects to finance the investment with proceeds from its revolving credit facility​.Sabra Health Care REIT - Under JV agreements, co will have right to designate three directors on seven member boards of Enlivant joint ventures.Sabra Health Care REIT Inc - Under joint venture agreements, co will have right to designate 3 directors on 7 member boards of Enlivant joint ventures.Sabra Health Care REIT - ‍ Also expects to finance investment cash generated from planned dispositions of certain facilities operated by Genesis Healthcare.Sabra Health Care REIT - Enlivant JV currently targeting 2018 NOI after management fees of about $100 to $105 million before projected capital expenditures.  Full Article

Sabra provides update on Care Capital Properties portfolio repositioning
Thursday, 7 Sep 2017 05:32pm EDT 

Sept 7 (Reuters) - Sabra Health Care Reit Inc :Sabra provides update on Care Capital Properties (“CCP”) portfolio repositioning; upgrades 2017 outlook and provides 2018 outlook with 15% growth in normalized affo per share post portfolio repositioning.Sabra Health Care REIT Inc - ‍2018 outlook reflects a 15% increase in normalized AFFO per share​.Sabra Health Care REIT Inc sees ‍2018 normalized FFO attributable to common stockholders $2.63 to $2.69​.Sabra Health Care REIT Inc sees 2017 FFO attributable to common stockholders $1.17 to $1.21 ‍​.Sabra Health Care REIT Inc sees ‍2018 FFO attributable to common stockholders $2.60 to $2.66​.Sabra Health Care REIT Inc sees 2017 AFFO attributable to common stockholders $2.04 to $2.08.F$2017 FFO per share view $2.31 -- Thomson Reuters I/B/E/S.F$2018 FFO per share view $2.49 -- Thomson Reuters I/B/E/S.Sabra Health Care REIT Inc sees 2017 normalized FFO attributable to common stockholders $2.47 to $2.51 ‍​.Sabra Health Care REIT Inc sees 2017 normalized AFFO attributable to common stockholders $2.29 to $2.33.Sabra Health Care REIT - Asset sales, reinvestment of proceeds to offset rent credits expected to begin immediately, but not expected to be fully realized until 2018‍​.Sabra-Will likely be short-term negative impact on normalized ffo per share, normalized AFFO per share from date of asset sales until proceeds are redeployed​.  Full Article

Sabra shareholders approve merger with Care Capital Properties
Tuesday, 15 Aug 2017 05:00pm EDT 

Aug 15 (Reuters) - Sabra Health Care Reit Inc ::Sabra shareholders approve merger with Care Capital Properties.Sabra Health Care Reit Inc - ‍transaction is currently scheduled to close on August 17, 2017.  Full Article

Sabra Health Care says ‍Egan-Jones Proxy Services recommends shareholders vote for stock issuance regarding pending deal with Care Capital​
Tuesday, 8 Aug 2017 06:00pm EDT 

Aug 8 (Reuters) - Care Capital Properties Inc :Sabra Health Care says ‍Egan-Jones Proxy Services recommends shareholders vote for stock issuance regarding pending deal with Care Capital​.  Full Article

Sabra Health Care REIT issues statement on report by ISS
Wednesday, 2 Aug 2017 01:26pm EDT 

Aug 2 (Reuters) - Sabra Health Care Reit Inc : :Sabra Health Care REIT Inc- ‍Issued statement in response to report recently issued by Institutional Shareholder Services Inc​.Sabra Health Care REIT - Reiterated unanimous recommendation of its board that shareholders vote "for" proposed merger with Care Capital Properties.  Full Article

Shares in U.S. senior housing chains Genesis, Brookdale slide

CHICAGO Shares in Genesis Healthcare Inc and Brookdale Senior Living Inc, two of the largest U.S. nursing home operators, plummeted on Thursday after separate announcements that reinforced investors' fears of a bumpy industry outlook.