earnings
confidence high
sentiment positive
materiality 0.75
Sabra Q4 2024 EPS $0.19; Normalized FFO $0.35; guides 2025 Normalized FFO $1.43-$1.46
Sabra Health Care REIT, Inc.
2024-FY EPS reported
$0.54
revenue$703,235,000
- Q4 net income $0.19/diluted share; Normalized FFO $0.35; AFFO $0.36.
- Same store managed senior housing cash NOI up 17.9% YoY.
- Acquired managed senior housing for $24M at 8.6% initial cash yield; disposed 10 facilities for $56.5M.
- Net Debt to Adjusted EBITDA 5.27x; declared quarterly dividend $0.30/share payable Feb 28, 2025.
- 2025 guidance: Normalized FFO $1.43-$1.46; Normalized AFFO $1.48-$1.51 per diluted share.