earnings
confidence high
sentiment positive
materiality 0.65
Sabra Q1 FFO $0.35, AFFO $0.37; same-store senior housing NOI up 16.9% YoY
Sabra Health Care REIT, Inc.
2025-Q1 EPS reported
$0.17
revenue$183,543,000
- Net income $0.17/diluted share, FFO $0.36, Normalized FFO $0.35, AFFO $0.37.
- Same-store managed senior housing Cash NOI +16.9% YoY; skilled nursing EBITDARM coverage 2.19x.
- Awarded >$200M of senior housing acquisitions with high-7% yields; expects near-term close.
- Board declared $0.30 Q2 dividend payable May 30; Fitch affirmed BBB-/Stable.
- Net Debt/Adjusted EBITDA 5.19x; liquidity ~$1.1B; forward ATM shares at $17.32.