earnings
confidence high
sentiment positive
materiality 0.75
Sabra Q3 2025: Normalized FFO $0.36; raises managed senior housing target to 40% of NOI
Sabra Health Care REIT, Inc.
2025-Q3 EPS reported
$0.53
revenue$562,730,000
- Q3 Normalized FFO $0.36 per share; AFFO $0.37; Net income $0.09 diluted.
- Same-store managed senior housing Cash NOI grew 13.3% YoY (15.9% ex-Holiday properties).
- Acquired six managed senior housing properties for $217.5M at 7.8% initial yield; YTD investments $421.9M.
- Moody's upgraded senior unsecured notes to Baa3, stable outlook; Net Debt/Adjusted EBITDA 4.96x.
- Board declared $0.30 quarterly dividend; updated 2025 Normalized FFO guidance $1.455-$1.465 per share.