The Week Ahead: Are Investors Really Too Optimistic About Sabra Healthcare REIT Inc (NASDAQ: SBRA)

Sabra Healthcare REIT Inc (NASDAQ:SBRA) currently has a daily average trading volume of 2.58M but it saw 3766947 shares traded in last market. With a market cap of 4.19B USD, the company’s current market price of $17.63 came rising about 0.80 while comparing to the previous closing price of $17.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.99 and as low as $13.81.

JMP Securities upgraded its recommendation for the stock as a “Mkt Outperform” from “Mkt Perform” on January 07, 2025 while assigning a price target of $20. Mizuho also issued its recommendations for the stock as it downgraded the price target for the stock is $20.

Over the week, SBRA’s stock price is moving 1.32% up while it is 2.03% when we observe its performance for the past one month. Year-to-date it is 1.79% up and over the past year, the stock is showing an upside performance of 21.41%.

The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 0.69. In next quarter, company is expected to be making quarterly sales of $184.26M as analysts are expecting the sales for current fiscal year at $733.94M and seeing the company making $770.82M in sales next year. Moreover, analysts are in estimates of $180.9M for current-quarter revenue.

Currently, Sabra Healthcare REIT Inc’s total number of outstanding shares is 237.94M with 1.25% of that held by the insiders while 99.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.75% and return on equity (ROE) at 5.15%. It has a price to earnings ratio (P/E ratio) of 29.84 while having a 22.91 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 1.55 while price to sale or P/S ratio amounts to 5.87. Its return on asset (ROA) is 2.65% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.