---
schema_version: "secwatch.filing_event.v1"
accession: "0001492298-26-000011"
form_type: "8-K"
ticker: "SBRA"
cik: "0001492298"
company_name: "Sabra Health Care REIT, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:44:42.449033+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sabra Q1: EPS $0.16, AFFO $0.39; same-store NOI +14.4%; reiterates 2026 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001492298-26-000011
- form_type: 8-K
- ticker: SBRA
- cik: 0001492298
- company_name: Sabra Health Care REIT, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492298/000149229826000011/0001492298-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492298/000149229826000011/sbra-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492298-26-000011
- JSON: https://secwatch.observer/filing/0001492298-26-000011.json
- Plain text: https://secwatch.observer/filing/0001492298-26-000011.txt

## Key facts
- Earnings Releases
  Sabra Health Care REIT, Inc. reported first quarter of 2026 results: EPS $0.16. Guidance reaffirmed.
  - Period: first quarter of 2026
  - EPS: $0.16
  - Guidance: reaffirmed
  - Result: reported results
  source text: Results per diluted common share for the first quarter of 2026 were as follows: • Net Income: $0.16
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492298/000149229826000011/0001492298-26-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.