Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Sabra Healthcare REIT (SBRA)
NASDAQ:SBRA
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -0.97%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong performance in Sabra's senior housing and skilled portfolios, with record high EBITDARM coverage and significant growth in managed senior housing. However, challenges remain with workforce availability and political risks related to potential Medicaid cuts. Despite these concerns, Sabra's financial growth and strong balance sheet provide a positive outlook for 2025.Company Guidance
During the 2024 Sabra Fourth Quarter Earnings Call, the company provided guidance for 2025, highlighting several key metrics. Sabra expects normalized FFO per share to range from $1.43 to $1.46 and normalized AFFO per share to range from $1.48 to $1.51, indicating approximately 4% growth over 2024. Cash NOI growth for the same-store managed senior housing portfolio is anticipated to be in the low to mid-teens, with the first half of the year likely seeing higher growth than the second half. The company plans to continue building on its strategy from 2024, which resulted in 7% year-over-year normalized AFFO growth. Sabra also noted expectations for a higher volume of deals in 2025, driven by an increased number of opportunities mainly in the SHOP category and some skilled opportunities. Additionally, the guidance assumes G&A expenses of approximately $50 million, including $11 million of stock-based compensation, with the weighted average share count around 240 to 241 million shares.Senior Housing and Skilled Portfolio Performance
Sabra's senior housing and skilled portfolio showed continued strength with SHOP same-store occupancy up 80 basis points sequentially and margins up 20 basis points. SHOP cash NOI was at 17.9% for the quarter.
All-Time High EBITDARM Coverage
Sabra achieved an all-time high EBITDARM coverage of 2.09, with skilled margins higher than seen in years.
2024 Financial Growth
Sabra reported a 7% year-over-year normalized AFFO growth and anticipates further growth in 2025 with higher volume deals.
Managed Senior Housing Portfolio Growth
The managed senior housing portfolio showed sequential revenue growth of 3.5% and cash NOI growth of 5.4%. Year-over-year revenue grew 7.4%, with Canadian communities growing revenue by 10.6%.
Strong Balance Sheet and Liquidity
As of December 31, 2024, Sabra had a net debt to adjusted EBITDA ratio of 5.27x and ample liquidity of $980 million.
---
SBRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SBRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $16.55 | $16.39 | -0.97% |
| Oct 31, 2024 | $18.74 | $18.00 | -3.95% |
| Aug 07, 2024 | $15.79 | $15.60 | -1.20% |
| May 08, 2024 | $13.80 | $13.45 | -2.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Sabra Healthcare REIT (SBRA) report earnings?
Sabra Healthcare REIT (SBRA) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Sabra Healthcare REIT (SBRA) earnings time?
Sabra Healthcare REIT (SBRA) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBRA EPS forecast?
SBRA EPS forecast for the fiscal quarter 2025 (Q1) is 0.17.
---