earnings
confidence high
sentiment positive
materiality 0.65
Sabra Q4 FFO $0.36 per share; guides 2026 Normalized FFO $1.49-1.53 midpoint up 4.9% YoY
Sabra Health Care REIT, Inc.
2025-FY EPS reported
$0.64
revenue$774,632,000
- Q4 2025 net income $0.11/diluted share; Normalized FFO $0.36; AFFO $0.37; Normalized AFFO $0.38.
- Same-store managed senior housing Cash NOI up 12.6% YoY in Q4; full-year avg increase 15.0%.
- Acquired 4 managed senior housing properties for $150.5M (7.0% yield); total 2025 investments ~$450M avg 7.5% yield.
- Awarded $240M in new investments (senior housing & skilled nursing) expected to close in Q1/Q2 at ~8.0% yield.
- Declared Q1 2026 dividend $0.30/share, payable Feb 27; Net Debt/Adj EBITDA 5.00x.