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. reports developments tied to its role as a self-administered, self-managed healthcare real estate investment trust. Through subsidiaries, the company owns and invests in real estate serving the healthcare industry in the United States and Canada, with property categories that include nursing facilities, assisted living centers and mental health facilities.
Recurring news includes quarterly earnings releases and conference calls, common dividend declarations, investor and real estate conference participation, and capital-structure or material-agreement updates associated with its REIT financing and portfolio activities.
Sabra Health Care REIT (NASDAQ: SBRA) announced its participation in two upcoming virtual conferences. On January 9-10, 2023, Rick Matros (CEO), Michael Costa (CFO), and Talya Nevo-Hacohen (CIO) will represent the company at the Capital One Securities 3rd Annual REIT Conference. Following this, on January 19, 2023, they, along with Darrin Smith (EVP of Investments) and Lukas Hartwich (SVP of Finance), will participate in Stifel's 2023 Seniors Housing and Healthcare Real Estate Conference. These events highlight Sabra's ongoing commitment to the healthcare real estate sector.
Sabra Health Care REIT (SBRA) reported a net loss of $0.22 per diluted share for Q3 2022, with FFO of $0.28 and AFFO of $0.34. Notably, Sabra will transition its 24-property portfolio from North American Health Care to Ensign and Avamere, generating an initial annual rent of $34.5 million. The company is on track to close asset sales generating over $200 million by year-end. As of September 30, 2022, liquidity stood at $887.7 million. A quarterly dividend of $0.30 per share was declared for November 30, 2022.
Sabra Health Care REIT, Inc. (SBRA) announced a transition of its 24-property portfolio from North American Health Care to existing tenants, The Ensign Group (ENSG) and Avamere Family of Companies. After the transition, Ensign will represent about 8% of Sabra's Annualized Cash NOI, adding 20 California properties with an initial rent of $29.4 million, while Avamere adds 4 Washington properties with an initial rent of $5.1 million. This move is expected to enhance rental income stability and improve the portfolio's credit profile, with an estimated revenue of $14.7 million for Q4 2022.
Sabra Health Care REIT (NASDAQ: SBRA) announced its participation in Nareit’s REITworld 2022 Annual Conference from November 15-17, 2022, at the San Francisco Marriott Marquis. Key executives attending include Rick Matros (Chair and CEO), Michael Costa (CFO), Talya Nevo-Hacohen (CIO), and Lukas Hartwich (SVP of Finance). 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 U.S. and Canada.
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) will release its third quarter earnings for 2022 on November 7, 2022, after market close. A conference call will follow on November 8 at 10:00 a.m. Pacific Time to discuss the results. Investors can access the webcast through a designated URL and participate via telephone following prior registration. Sabra operates as a self-managed REIT focusing on real estate for the healthcare sector in the U.S. and Canada.
Summary not available.
Sabra Health Care REIT (NASDAQ: SBRA) announced participation in two upcoming conferences. CEO Rick Matros, CFO Michael Costa, and SVP Lukas Hartwich will attend the BofA Securities 2022 Global Real Estate Conference on September 13-14, 2022, in New York City. Additionally, Chief Investment Officer Talya Nevo-Hacohen and EVP Darrin Smith will participate in the NIC Fall Conference from September 14-16, 2022, in Washington, D.C. Sabra operates as a self-administered and self-managed REIT focused on the healthcare sector in the U.S. and Canada.
Sabra Health Care REIT (NASDAQ: SBRA) announced that its CEO, Rick Matros, will participate as a panelist at the Skilled Nursing News’ RETHINK Conference on September 1, 2022, in Chicago, Illinois. The event focuses on innovations and strategies in the skilled nursing sector.
Sabra operates as a self-administered, self-managed real estate investment trust (REIT), investing in healthcare-related real estate across the U.S. and Canada, aiming to enhance care services within the industry.
Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced that Talya Nevo-Hacohen, Chief Investment Officer, will attend the SafelyYou Inaugural Silicon Valley Senior Living Summit from August 29-31, 2022. She will participate in the Capital Partner panel on August 30, 2022, at the Rosewood Sand Hill hotel in Menlo Park, California. Sabra Health Care REIT operates as a self-managed real estate investment trust, focusing on healthcare-related properties in the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) reported Q2 2022 results, with net income of $0.07 and FFO of $0.36 per share. The company acquired 12 Canadian senior housing communities for $147.4 million, with a stabilized cash yield of 6.5%. Sabra also generated $40.2 million from the sale of eight facilities, with additional sales expected to yield over $210 million. The Board declared a $0.30 dividend, representing 79% of Normalized AFFO. Total liquidity as of June 30, 2022, was approximately $924.8 million. The company aims to reach a 5.0x net debt to adjusted EBITDA ratio by year-end.