Closing Figures Unveiled: Sabra Healthcare REIT Inc (SBRA) Gain 0.61, Closes at 16.43

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Sabra Healthcare REIT Inc (NASDAQ: SBRA) closed the day trading at $16.43 up 0.61% from the previous closing price of $16.33. In other words, the price has increased by $0.61 from its previous closing price. On the day, 1.53 million shares were traded. SBRA stock price reached its highest trading level at $16.545 during the session, while it also had its lowest trading level at $16.265.

Ratios:

For a better understanding of SBRA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.05. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.90.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on January 30, 2024, initiated with a Buy rating and assigned the stock a target price of $21.

On October 17, 2023, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $16.

Wells Fargo Upgraded its Underweight to Equal Weight on October 16, 2023, whereas the target price for the stock was revised from $13 to $15.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 22 ’24 when Cusack Catherine bought 7,000 shares for $14.43 per share. The transaction valued at 101,010 led to the insider holds 46,385 shares of the business.

FOSTER MICHAEL J sold 10,000 shares of SBRA for $146,830 on May 14 ’24. The Director now owns 63,923 shares after completing the transaction at $14.68 per share. On Sep 01 ’23, another insider, Costa Michael Lourenco, who serves as the Executive VP, CFO & Secretary of the company, bought 1,947 shares for $12.63 each. As a result, the insider paid 24,591 and bolstered with 183,218 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBRA now has a Market Capitalization of 3848957696 and an Enterprise Value of 6245093888. As of this moment, Sabra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.58, and their Forward P/E ratio for the next fiscal year is 25.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.68 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 9.377 whereas that against EBITDA is 15.575.

Stock Price History:

The Beta on a monthly basis for SBRA is 1.23, which has changed by 0.39119387 over the last 52 weeks, in comparison to a change of 0.24822903 over the same period for the S&P500. Over the past 52 weeks, SBRA has reached a high of $16.94, while it has fallen to a 52-week low of $11.63. The 50-Day Moving Average of the stock is 5.92%, while the 200-Day Moving Average is calculated to be 13.96%.

Shares Statistics:

Over the past 3-months, SBRA traded about 2.05M shares per day on average, while over the past 10 days, SBRA traded about 2920160 shares per day. A total of 231.27M shares are outstanding, with a floating share count of 230.43M. Insiders hold about 1.64% of the company’s shares, while institutions hold 88.31% stake in the company. Shares short for SBRA as of 1722384000 were 13239747 with a Short Ratio of 6.46, compared to 1719532800 on 13845907. Therefore, it implies a Short% of Shares Outstanding of 13239747 and a Short% of Float of 8.1.

Dividends & Splits

SBRA’s forward annual dividend rate is 1.20, up from 1.2 a year ago. Against a Trailing Annual Dividend Yield of 0.07348439The stock’s 5-year Average Dividend Yield is 8.99. The current Payout Ratio is 2030.46% for SBRA, which recently paid a dividend on 2024-05-17 with an ex-dividend date of 1724025600. Stock splits for the company last occurred on 2010-11-16 when the company split stock in a 1:3 ratio.

Most Popular