---
schema_version: "secwatch.filing_event.v1"
accession: "0001492298-23-000013"
form_type: "8-K"
ticker: "SBRA"
cik: "0001492298"
company_name: "Sabra Health Care REIT, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:56:32.667112+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sabra Health Care REIT reports Q1 net loss $(0.04) per share, Normalized FFO $0.33

## Summary
- Net loss per diluted share $(0.04); Normalized FFO $0.33, AFFO $0.33.
- Closed $70.2M in acquisitions (three senior housing assets) with ~8% stabilized yields.
- Generated $190M gross proceeds from disposition of seven skilled nursing and two senior housing properties.
- Net Debt to Adjusted EBITDA 5.52x; declared $0.30/share dividend payable May 31, 2023.
- Withdrew from Enlivant JV; plans to transition 11 owned senior housing properties to new operator.

## SEC filing metadata
- accession: 0001492298-23-000013
- form_type: 8-K
- ticker: SBRA
- cik: 0001492298
- company_name: Sabra Health Care REIT, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492298/000149229823000013/0001492298-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492298/000149229823000013/sbra-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492298-23-000013
- JSON: https://secwatch.observer/filing/0001492298-23-000013.json
- Plain text: https://secwatch.observer/filing/0001492298-23-000013.txt

## Key facts
- Earnings Releases
  Sabra Health Care REIT, Inc. reported first quarter of 2023 results: net income Net Loss: $(0.04), EPS Net Loss: $(0.04).
  - Period: first quarter of 2023
  - Net income: Net Loss: $(0.04)
  - EPS: Net Loss: $(0.04)
  - Result: reported results
  source text: Sabra Health Care REIT, Inc. (“Sabra”) issued a press release reporting its results of operations for the three month period ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492298/000149229823000013/0001492298-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
