SBRA · Sabra Health Care REIT, Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 4, 2026TL;DR. Sabra delivered strong same-store senior housing Cash NOI growth of 13.7% and reiterated its 2026 guidance (midpoints imply ~7% NFFO and ~8% NAFFO growth), while closing $599M YTD in investments at a 7.5% initial yield with another $100M awarded. Leverage dropped sharply to 4.61x and the company paid a $0.30 quarterly dividend, though a $102.4M provision for loan losses on the RCA discounted payoff drove a GAAP net loss.
- + Same-store managed senior housing Cash NOI grew 13.7% YoY with margins expanding to 34.1% and occupancy up 170bps to 88.2%.
- + 2026 guidance reiterated, with midpoints implying approximately 7% NFFO and 8% NAFFO year-over-year growth.
- + Avamere rent reset raised annualized cash rent to $48M (from $41M in 2025), with the transition expected to step rent up further to $53M.
- − GAAP net loss of $(0.10) per share for Q2 driven by a $102.4M provision for loan losses tied to the RCA mortgage discounted payoff.
- − RCA discounted payoff dilutes 2026 earnings, with management acknowledging guidance would have been higher absent the charge.
- − Triple-net senior housing saw occupancy and EBITDARM coverage declines due to the conversion of a high-performing asset to managed.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
REIT - Healthcare Facilities — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SBRA
this stock
Sabra Health Care REIT, Inc.
|
$5.07B | +4.1% | +10.2% | 76.4 | 8.2% |
|
WELL
Welltower Inc.
|
$163.33B | +24.0% | +35.6% | 115.1 | 2.5% |
|
VTR
Ventas, Inc.
|
$44.42B | +9.9% | +18.5% | 160.4 | 3.9% |
|
DOC
Healthpeak Properties, Inc.
|
$14.12B | +24.2% | +4.5% | 58.5 | 3.7% |
|
OHI
Omega Healthcare Investors Inc
|
$14.02B | +4.4% | +13.2% | 16.5 | 4.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SBRA | +0.2% | -5.8% | -3.1% | -3.3% | +4.1% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | +0.8% | -5.9% | -15.3% | -2.7% | -7.7% |