Companies /Real Estate

Sabra Healthcare REIT Inc

NASDAQ: SBRA Reit - Healthcare Facilities
$20.35
▲ $0.63 (+3.19%) today
Markets closed · 12:44am ET

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SBRA at a Glance

Valuation
Market cap
$5.0B
P/E ratio
78.9
Dividend yield
6.08%
Profitability
Revenue (TTM)
$863.8M
Profit margin
7.6%
EPS (TTM)
$0.25
Price
52-week range
$17 – $22
Street target
$22.36
Earnings
Q3 2026 EPS
$0.39
vs. $0.17 est.
+136.4%

Headquartered in Tustin, CA Fiscal year ends December NASDAQ: SBRA sabrahealth.com

About Sabra Health Care REIT

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) is a real estate investment trust that owns and invests in healthcare real estate in the United States and Canada.

As of September 30, 2026, its portfolio held for investment included 364 real estate properties with 37,513 beds/units:
- 207 skilled nursing/transitional care facilities
- 32 triple-net leased senior housing communities
- 24 specialty hospitals and other facilities, including psychiatric, acute care, long-term acute care and rehabilitation hospitals
- 101 consolidated senior housing communities run by third-party managers under property management agreements (the Senior Housing Operating Portfolio, or SHOP)

It also held 11 loans receivable, four preferred equity investments in senior housing developments and two unconsolidated joint ventures owning 16 SHOP communities.

Sabra earns triple-net lease rent from operators such as The Ensign Group, Cascadia Healthcare, Signature Healthcare and The McGuire Group. It earns resident fees from SHOP communities managed by operators including Sienna Senior Living, Inspirit Senior Living, Traditions Management, Discovery Senior Living and Claiborne.

The company is shifting its mix toward SHOP, which made up 33.9% of Annualized Cash NOI. Management targets about 40% SHOP concentration on a run-rate basis by year-end 2026 and 50% by the end of 2027, while keeping a large triple-net skilled nursing portfolio (48.0% of NOI). Its senior unsecured notes are rated investment grade (BBB-/BBB-/Baa3). Updated

Revenue by Segment · Q3 2026
  1. Senior Housing - Managed57%
  2. Triple-Net Rental and Related Revenues41%
  3. Interest and Other Income1%

Latest Activity

SBRASabra Health Care REIT
Q3 2026
EPS
$0.39
est $0.17+136.4%
Revenue
$250M
est $236M+5.6%

Sabra's pivot into operating senior housing is paying off faster than Wall Street modeled: same-property SHOP cash NOI rose 14.6% year over year. Management raised full-year normalized FFO guidance to $1.54 to $1.55 a share.

Quarterly EPS — reported vs estimate

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Frequently Asked Questions

What does Sabra Health Care REIT do?

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) is a real estate investment trust that owns and invests in healthcare real estate in the United States and Canada.

What is the SBRA stock price target?

The Wall Street consensus 12-month price target for SBRA is $22.36.