secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001492298-26-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000149229826000011/0001492298-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000149229826000011/sbra-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001492298-26-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer