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Sabra Healthcare REIT Reports Strong Q4 2024 Results

Story Highlights
  • Sabra Healthcare REIT reported strong Q4 2024 results, with net income at $0.19 per share.
  • The company introduced 2025 guidance, projecting growth in managed senior housing and maintaining strong liquidity.
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Sabra Healthcare REIT Reports Strong Q4 2024 Results

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An update from Sabra Healthcare REIT ( (SBRA) ) is now available.

On February 19, 2025, Sabra Healthcare REIT reported its fourth-quarter 2024 financial results, highlighting a net income of $0.19 per share and strong performance in its managed senior housing portfolio with a 17.9% increase in cash NOI. The company closed significant transactions, including the acquisition of a senior housing community and disposition of several facilities, affecting its investment and cash flow strategies. Sabra introduced its 2025 earnings guidance, projecting low-to-mid teens growth for its managed senior housing portfolio and maintaining a robust liquidity position with $980 million available. The company emphasized its commitment to leveraging market opportunities and enhancing portfolio performance in the coming year.

More about Sabra Healthcare REIT

Sabra Healthcare REIT, Inc. operates in the healthcare real estate sector, focusing on investments in skilled nursing/transitional care facilities, senior housing communities, behavioral health facilities, and specialty hospitals. Its portfolio spans the United States and Canada, comprising real estate properties, loan receivables, and equity investments.

YTD Price Performance: -3.23%

Average Trading Volume: 2,030,067

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.89B

See more data about SBRA stock on TipRanks’ Stock Analysis page.

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