Sabra Health Care Reit Inc Stock Price, News & Analysis

Sabra Health Care REIT (Nasdaq: SBRA) has received a significant credit rating upgrade from Moody's Ratings, elevating its senior unsecured notes rating to investment grade "Baa3" from "Ba1". The upgrade reflects the company's strong operational performance and financial management.

Moody's has also assigned a "Baa3" issuer rating with a Stable outlook, citing key strengths including sound operating performance, portfolio diversification, improving net debt to EBITDA metrics, and positive long-term prospects in the senior housing sector.

Sabra Health Care REIT (Nasdaq: SBRA) has announced its participation in two upcoming industry conferences in September 2025. The company's senior leadership team will attend the 2025 NIC Fall Conference in Austin, Texas from September 8-10, led by Executive VP of Investments Darrin Smith.

Additionally, key executives including CEO Rick Matros and CFO Michael Costa will participate in the BofA Securities 2025 Global Real Estate Conference in New York from September 9-10.

Sunshine Retirement Living has entered into a management agreement with Sabra Health Care REIT (NASDAQ: SBRA) to operate five independent living communities across Arizona, California, Utah, and Washington. This expansion increases Sunshine's portfolio from 35 to 40 communities across 17 states.

The agreement marks Sunshine's first third-party management contract and strategic evolution from owner-operator to full-scale third-party management provider. The company specializes in mid-market senior living solutions, offering various care levels including senior apartments, independent living, assisted living, and memory care.

With the 85+ population expected to triple by 2050, Sunshine is positioning itself to meet growing demand through wellness-focused communities, implementing programs like Blue Zones for healthier living, and maintaining its commitment to affordable, high-quality senior care.

Sabra Health Care REIT (NASDAQ:SBRA) reported strong Q2 2025 results with net income of $0.27 per share and Normalized FFO of $0.37 per share. The company's same-store managed senior housing Cash NOI increased 17.1% year-over-year.

Key developments include $122.3 million in acquisitions year-to-date with yields of 7.5-7.7%, and an additional $220 million in potential investments in the pipeline. Sabra secured a new $500 million term loan at 4.64% fixed rate, replacing higher-cost debt. The company successfully transitioned 21 senior housing properties to new operators and declared a $0.30 quarterly dividend.

Sabra updated its 2025 guidance, projecting Normalized FFO of $1.45-$1.47 per share. The company's Net Debt to Adjusted EBITDA improved to 5.00x, with approximately $1.2 billion in liquidity available.

Sabra Health Care REIT (Nasdaq: SBRA) has released its fifth annual Sustainability Report for fiscal year 2024, showcasing significant progress in environmental stewardship and technological innovation. The company has successfully piloted over 20 healthtech and proptech solutions, with 10 now active across managed properties.

Key achievements include $70M investment in senior housing modernization since 2022, $5M commitment to energy and water efficiency projects in 2024, and an 11.3% reduction in Scope 1 and 2 GHG emissions intensity from 2022. The company also reported strong employee satisfaction, with 98% of employees recommending Sabra as a great workplace.

Sabra Health Care REIT (Nasdaq: SBRA) has scheduled its second quarter 2025 earnings release for August 4, 2025, after market close. The company will host a conference call and simultaneous webcast to discuss the results on August 5, 2025, at 10:00 a.m. Pacific Time.

U.S. participants can join via phone at 888-880-4448, while international participants should dial 646-960-0572 using conference ID 1382596. The webcast will be available online, and a digital replay will be accessible on Sabra's website.

Sabra Health Care REIT (Nasdaq: SBRA) has announced its participation in two upcoming industry events. The company's senior leadership team, including CEO Rick Matros, CFO Michael Costa, CIO Talya Nevo-Hacohen, EVP of Investments Darrin Smith, and EVP of Finance Lukas Hartwich, will attend Nareit's REITweek 2025 Investor Conference from June 2-5, 2025, at the New York Hilton Midtown. Additionally, Nevo-Hacohen, Smith, and other company representatives will participate in ASHA's 2025 Mid-Year Meeting on June 9-10, 2025, at the Omni Interlocken Hotel in Broomfield, Colorado.

Sabra Health Care REIT (NASDAQ: SBRA) reported its Q1 2025 results with net income of $0.17 per share, FFO of $0.36, and AFFO of $0.37. The company's same-store managed senior housing Cash NOI showed strong performance with a 16.9% year-over-year increase. Key operational metrics included EBITDARM coverage ratios of 2.19x for Skilled Nursing, 1.41x for Senior Housing-Leased, and 3.77x for Behavioral Health. Sabra acquired Legacy Living Jasper's second phase for $7.8 million at a 7.5% initial cash yield and has identified over $200 million in senior housing acquisition opportunities with expected high 7% yields. The company maintains strong liquidity of $1.1 billion and declared a quarterly dividend of $0.30 per share. Fitch affirmed Sabra's BBB- credit rating with a Stable Outlook, while Net Debt to Adjusted EBITDA stood at 5.19x.