secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001492298-25-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Q1 FFO $0.35, AFFO $0.37; same-store senior housing NOI up 16.9% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000149229825000015/0001492298-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000149229825000015/sbra-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001492298-25-000015

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