earnings
confidence high
sentiment positive
materiality 0.75
Sabra Q2 Normalized FFO $0.37; invests $122M YTD; closes $500M term loan; updates FY guidance
Sabra Health Care REIT, Inc.
2025-Q2 EPS reported
$0.44
revenue$372,693,000
- Q2 Normalized FFO $0.37, Normalized AFFO $0.38, Net Income $0.27 per diluted share.
- Closed $500M unsecured term loan at fixed 4.64% due 2030; redeemed $500M 5.125% notes due 2026.
- Invested $122.3M YTD in senior housing at 7.5-7.7% cash yields; awarded $220M additional investments.
- Same store managed senior housing Cash NOI up 17.1% YoY; EBITDARM coverage improved across all segments.
- Updated FY2025 guidance: Normalized FFO $1.45-$1.47, Normalized AFFO $1.49-$1.51; dividend $0.30/share.
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