Sabra Health Care REIT Inc. (NASDAQ: SBRA) is -33.32% lower on its value in year-to-date trading and has touched a low of $5.55 and a high of $24.95 in the current 52-week trading range. The SBRA stock was last observed hovering at around $14.23 in the recent trading session, with the current gains setting it 0.28% off its average median price target of $14.00 for the next 12 months. It is also 9.31% off the consensus price target high of $16.00 offered by 14 analysts, but current levels are -61.22% lower than the price target low of $9.00 for the same period.
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At last check, trading at $14.51, the stock is -2.36% and 6.45% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.51 million and changing 1.97% at the moment leaves the stock -20.21% off its SMA200. SBRA registered -29.94% loss for a year compared to 6-month loss of -32.14%. The firm has a 50-day simple moving average (SMA 50) of $14.46 and a 200-day simple moving average (SMA200) of $16.07.
The stock witnessed a -6.01% gain in the last 1 month and extending the period to 3 months gives it a 60.07%, and is 3.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.36% over the week and 6.04% over the month.
Sabra Health Care REIT Inc. (SBRA) has around 34 employees, a market worth around $2.99B and $607.40M in sales. Current P/E ratio is 14.95 and Fwd P/E is 21.05. Profit margin for the company is 29.90%. Distance from 52-week low is 161.68% and -41.85% from its 52-week high. The company has generated returns on investments over the last 12 months (1.20%).
Sabra Health Care REIT Inc. (SBRA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sabra Health Care REIT Inc. (SBRA) is a “Hold”. 14 analysts offering their recommendations for the stock have an average rating of 2.90, where 8 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Sabra Health Care REIT Inc. quarterly earnings per share for the current quarter are estimated at $0.15 with sales reaching $145.92M over the same period.The EPS is expected to shrink by -75.70% this year, but quarterly earnings will post 0.20% year-over-year. Quarterly sales are estimated to shrink -11.40% in year-over-year returns.
Sabra Health Care REIT Inc. (SBRA) Top Institutional Holders
484 institutions hold shares in Sabra Health Care REIT Inc. (SBRA), with 2.37M shares held by insiders accounting for 1.15% while institutional investors hold 91.89% of the company’s shares. The shares outstanding are 205.40M, and float is at 203.20M with Short Float at 3.43%. Institutions hold 90.83% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 32.4 million shares valued at $353.79 million. The investor’s holdings represent 15.76% of the SBRA Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 29.14 million shares valued at $318.22 million to account for 14.18% of the shares outstanding. The other top investors are State Street Corporation which holds 9.4 million shares representing 4.58% and valued at over $102.7 million, while Long Pond Capital, LP holds 4.00% of the shares totaling 8.22 million with a market value of $89.8 million.
Sabra Health Care REIT Inc. (SBRA) Insider Activity
A total of 59 insider transactions have happened at Sabra Health Care REIT Inc. (SBRA) in the last six months, with sales accounting for 15 and purchases happening 44 times. The most recent transaction is an insider purchase by FOSTER MICHAEL J, the company’s Director. SEC filings show that FOSTER MICHAEL J bought 9,675 shares of the company’s common stock on Mar 16 at a price of $7.71 per share for a total of $74629.0. Following the purchase, the insider now owns 42462.0 shares.
Sabra Health Care REIT Inc. disclosed in a document filed with the SEC on Mar 16 that FOSTER MICHAEL J (Director) bought a total of 3,200 shares of the company’s common stock. The trade occurred on Mar 16 and was made at $7.75 per share for $24800.0. Following the transaction, the insider now directly holds 42801.0 shares of the SBRA stock.
Still, SEC filings show that on Mar 06, Ettl Robert A. (Director) disposed off 10,545 shares at an average price of $18.39 for $0.19 million. The insider now directly holds 39,613 shares of Sabra Health Care REIT Inc. (SBRA).
Sabra Health Care REIT Inc. (SBRA): Who are the competitors?
The company’s main competitors (and peers) include Duke Realty Corporation (DRE) that is trading 11.16% up over the past 12 months. Healthcare Trust of America Inc. (HTA) is -3.72% down on the 1-year trading charts. Short interest in the company’s stock has fallen -11.35% from the last report on May 14, 2020 to stand at a total of 7.75 million short shares sold with a short interest ratio of 2.9.