earnings
confidence high
sentiment positive
materiality 0.70
Sabra Q1: EPS $0.16, AFFO $0.39; same-store NOI +14.4%; reiterates 2026 guidance
Sabra Health Care REIT, Inc.
2026-Q1 EPS reported
$0.16
revenue$221,753,000
- Net income $0.16/diluted share; FFO $0.37, Normalized FFO $0.38, AFFO $0.39, Normalized AFFO $0.39.
- Same-property managed senior housing Cash NOI up 14.4% YoY; EBITDARM coverage: skilled nursing 2.46x, senior housing leased 1.58x.
- YTD investments closed $206.1M at 8.0% initial cash yield; awarded additional $200M expected Q2 closings.
- Declared $0.30/share quarterly dividend, payable May 29, 2026 to shareholders of record May 15.
- Net Debt to Adjusted EBITDA 5.04x; liquidity ~$1.2B including $645M revolver capacity.