Sabra Healthcare Reit ( (SBRA) ) has released its Q4 earnings. Here is a breakdown of the information Sabra Healthcare Reit presented to its investors.
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Sabra Health Care REIT, Inc. is a real estate investment trust (REIT) specializing in healthcare properties, with a diversified portfolio including skilled nursing, senior housing, and behavioral health facilities across the United States and Canada.
In its latest earnings report, Sabra Health Care REIT announced strong financial results for the fourth quarter of 2024, with significant growth in net income and an optimistic guidance for 2025. The company highlighted strategic acquisitions and dispositions as part of its ongoing portfolio management.
Key financial highlights from the fourth quarter of 2024 include a net income per diluted share of $0.19 and normalized AFFO per share of $0.36. The company reported a 17.9% year-over-year increase in same-store managed senior housing Cash NOI. Notably, Sabra completed the acquisition of a senior housing community for $24 million and disposed of ten facilities for $56.5 million.
Looking forward, Sabra’s 2025 guidance anticipates net income per diluted share between $0.67 and $0.70, along with FFO and AFFO growth. The company expects continued growth in its senior housing portfolio and has a strong liquidity position of approximately $980 million.
Sabra’s management remains focused on leveraging its robust balance sheet and strategic investments to capitalize on growth opportunities in the healthcare real estate market, positioning the company for sustained performance in the coming year.
