---
schema_version: "secwatch.filing_event.v1"
accession: "0001492298-24-000007"
form_type: "8-K"
ticker: "SBRA"
cik: "0001492298"
company_name: "Sabra Health Care REIT, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:34:02.106665+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sabra Q4 2023 Normalized FFO $0.32/sh; guides 2024 Normalized FFO $1.34-$1.38, implying 5% YoY growth

## Summary
- Q4 2023 Net income $0.07/sh; Normalized FFO $0.32; AFFO $0.32.
- Acquired two skilled nursing facilities from Ignite for $38.8M at 9.5% cash lease yield.
- Declared Q1 2024 dividend $0.30/sh, payable Feb 29, record Feb 13.
- 2024 guidance: Normalized FFO $1.34-$1.38, AFFO $1.38-$1.42/sh; 5-6% YoY growth.
- EBITDAR coverage: skilled nursing 1.78x, senior housing leased 1.28x, improved.

## SEC filing metadata
- accession: 0001492298-24-000007
- form_type: 8-K
- ticker: SBRA
- cik: 0001492298
- company_name: Sabra Health Care REIT, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492298/000149229824000007/0001492298-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492298/000149229824000007/sbra-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492298-24-000007
- JSON: https://secwatch.observer/filing/0001492298-24-000007.json
- Plain text: https://secwatch.observer/filing/0001492298-24-000007.txt

## Key facts
- Earnings Releases
  Sabra Health Care REIT, Inc. reported the fourth quarter of 2023 results: net income $0.07. Guidance initiated.
  - Period: the fourth quarter of 2023
  - Net income: $0.07
  - Guidance: initiated
  - Result: reported results
  source text: Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the fourth quarter of 2023. FOURTH QUARTER 2023 RESULTS AND RECENT EVENTS • Results per diluted common share for the fourth quarter of 2023 were as follows: • Net Income: $0.07
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492298/000149229824000007/0001492298-24-000007-index.htm

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