Several brokerages have updated their recommendations and price targets on shares of Sabra Healthcare REIT (NASDAQ: SBRA) in the last few weeks:

  • 9/11/2017 – Sabra Healthcare REIT was upgraded by analysts at Mizuho from an “underperform” rating to a “neutral” rating. They now have a $24.00 price target on the stock, up previously from $23.00.
  • 9/8/2017 – Sabra Healthcare REIT had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $30.00 price target on the stock. They wrote, “We expect investors to be pleased that SBRA’s restructuring of selected underperforming leases acquired in last months combination with CCP appears to eliminate the poor coverage issues at Signature and other operators, and demonstrate substantially more accretion from CCP than we had assumed.””
  • 9/8/2017 – Sabra Healthcare REIT had its price target raised by analysts at Bank of America Corporation from $21.00 to $22.00. They now have an “underperform” rating on the stock.
  • 9/5/2017 – Sabra Healthcare REIT was upgraded by analysts at JMP Securities from a “market perform” rating to an “outperform” rating. They now have a $23.00 price target on the stock.
  • 9/1/2017 – Sabra Healthcare REIT was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/30/2017 – Sabra Healthcare REIT was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Sabra Health Care REIT, Inc. is a real estate investment trust that owns and invests in real estate serving the healthcare industry. The trust owns nursing homes, rehabilitation centers, assisted living facilities, and independent living centers. It leases properties to tenants and operators throughout the United States. Sabra Health Care REIT, Inc. is based in Irvine, California. “
  • 8/29/2017 – Sabra Healthcare REIT was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $24.00 price target on the stock. According to Zacks, “Sabra Health Care REIT, Inc. is a real estate investment trust that owns and invests in real estate serving the healthcare industry. The trust owns nursing homes, rehabilitation centers, assisted living facilities, and independent living centers. It leases properties to tenants and operators throughout the United States. Sabra Health Care REIT, Inc. is based in Irvine, California. “
  • 8/16/2017 – Sabra Healthcare REIT was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/15/2017 – Sabra Healthcare REIT was upgraded by analysts at Jefferies Group LLC from a “hold” rating to a “buy” rating. They now have a $25.00 price target on the stock.
  • 8/9/2017 – Sabra Healthcare REIT was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sabra Health Care REIT, Inc. is a real estate investment trust that owns and invests in real estate serving the healthcare industry. The trust owns nursing homes, rehabilitation centers, assisted living facilities, and independent living centers. It leases properties to tenants and operators throughout the United States. Sabra Health Care REIT, Inc. is based in Irvine, California. “
  • 8/2/2017 – Sabra Healthcare REIT was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sabra Health Care REIT, Inc. is a real estate investment trust that owns and invests in real estate serving the healthcare industry. The trust owns nursing homes, rehabilitation centers, assisted living facilities, and independent living centers. It leases properties to tenants and operators throughout the United States. Sabra Health Care REIT, Inc. is based in Irvine, California. “
  • 7/28/2017 – Sabra Healthcare REIT had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $26.00 price target on the stock.
  • 7/19/2017 – Sabra Healthcare REIT was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) traded up 0.30% during trading on Thursday, hitting $23.35. 1,432,033 shares of the company traded hands. Sabra Healthcare REIT, Inc. has a 52 week low of $19.30 and a 52 week high of $29.10.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Wednesday, August 16th were issued a dividend of $0.3599 per share. The ex-dividend date of this dividend was Monday, August 14th. This represents a $1.44 dividend on an annualized basis and a yield of 6.17%. Sabra Healthcare REIT’s payout ratio is 122.03%.

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

Receive News & Ratings for Sabra Healthcare REIT Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabra Healthcare REIT Inc and related companies with MarketBeat.com's FREE daily email newsletter.