Sabra Health Care REIT Inc

SBRA

Equity

ISIN US78573L1061 / Valor 11995717

NASDAQ (2024-12-26)

USD 17.10+0.12%

Sabra Health Care REIT Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Sabra Health Care REIT Inc is a real estate investment trust that focuses on acquiring, owning, and investing in healthcare-related real estate properties. The company provides capital to fund energy and water efficiency initiatives for its tenants through its Green Links Fund. Sabra is also involved in various initiatives, such as the Well Living Lab and Delos' Wellness Innovation in Senior Environments, to support scientific research on the impact of indoor environments on the health and well-being of older adults.

Summarized from source with an LLMView SourceSector: Finance

Net Income

Sabra Health Care REIT Inc. reported a net income of $0.10 per diluted common share for the second quarter of 2024. This figure reflects the company's profitability after accounting for all expenses and taxes during the quarter.

Funds From Operations (FFO)

For the second quarter of 2024, Sabra Health Care REIT Inc. recorded Funds From Operations (FFO) of $0.35 per diluted common share. FFO is a key performance metric used by real estate investment trusts to define cash generated by their operations.

Normalized AFFO

Sabra Health Care REIT Inc. achieved Normalized Adjusted Funds From Operations (AFFO) of $0.36 per diluted common share in Q2 2024. Normalized AFFO adjusts for non-recurring items to provide a clearer picture of the company's recurring cash flow.

Investment Activity

During the second quarter of 2024, Sabra Health Care REIT Inc. invested $60.1 million, expecting an initial cash yield of 8.7%. Additionally, the company closed on a $75.8 million acquisition of two managed senior housing communities post-quarter end, with an initial expected cash yield of 8.0%.

Dividend Declaration

On August 7, 2024, Sabra Health Care REIT Inc.'s Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock. The dividend is scheduled to be paid on August 30, 2024, to stockholders of record as of August 19, 2024.

Summarized from source with an LLMView Source

Key figures

18.4%1Y

29.7%3Y

-17.9%5Y

Performance

22.2%1Y

29.1%3Y

46.3%5Y

Volatility