Sabra Health Care REIT, Inc. (NASDAQ:SBRA) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.16 per share from revenue of $ 151.55 million.
Looking ahead, the full year income are expected at $ 0.66 per share on the revenues of $ 602.25 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.70 ~ $ 1.80 per share
Click Here For More Historical Outlooks Of Sabra Health Care REIT, Inc.
Previous Quarter Performance
Sabra Health Care REIT, Inc. outlined income for the second quarter of $ 0.45 per share, from the revenue of $ 153.92 million. Wall street analysts are predicting revenue of $ 145.92 million The top line results outshined analysts by $ 8.00 million or 5.48 percent.
Stock Performance
Shares of Sabra Health Care REIT, Inc. traded low $ -0.09 or -0.63 percent on Wednesday, reaching $ 14.30 with volume of 1.37 million shares. Sabra Health Care REIT, Inc. has traded high as $ 14.45 and has cracked $ 13.95 on the downward trend
The closing price of $ 14.30, representing a 159.28 % increase from the 52 week low of $ 5.55 and a 38.61 % decrease over the 52 week high of $ 23.44.
The company has a market capital of $ 2.94 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.
As of March 31, 2019, Sabras investment portfolio included 437 real estate properties held for investment (consisting of (i) 304 Skilled Nursing/Transitional Care facilities, (ii) 88 Senior Housing communities (Senior Housing Leased), (iii) 23 Senior Housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing Managed) and (iv) 22 Specialty Hospitals and Other facilities), 30 assets held for sale, one investment in a direct financing lease, 20 investments in loans receivable (consisting of (i) one mortgage loan, (ii) two construction loans and (iii) 17 other loans), nine preferred equity investments and one investment in an unconsolidated joint venture that owns 172 Senior Housing Managed communities. As of March 31, 2019, Sabras real estate properties held for investment included 43,884 beds/units and its unconsolidated joint venture included 7,652 beds/units, spread across the United States and Canada.
