Trading Day Triumph: Sabra Healthcare REIT Inc (SBRA) Ends at 15.12, a 2.02 Surge/Plunge

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Sabra Healthcare REIT Inc (NASDAQ: SBRA) closed the day trading at $15.12 up 2.02% from the previous closing price of $14.82. In other words, the price has increased by $2.02 from its previous closing price. On the day, 2.16 million shares were traded. SBRA stock price reached its highest trading level at $15.12 during the session, while it also had its lowest trading level at $14.82.

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 53.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.26. 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 3500219392 and an Enterprise Value of 5888958976. As of this moment, Sabra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.32, and their Forward P/E ratio for the next fiscal year is 24.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.28 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 9.056 whereas that against EBITDA is 14.95.

Stock Price History:

The Beta on a monthly basis for SBRA is 1.22, which has changed by 0.28462195 over the last 52 weeks, in comparison to a change of 0.23200047 over the same period for the S&P500. Over the past 52 weeks, SBRA has reached a high of $15.02, while it has fallen to a 52-week low of $11.35. The 50-Day Moving Average of the stock is 5.96%, while the 200-Day Moving Average is calculated to be 7.72%.

Shares Statistics:

Over the past 3-months, SBRA traded about 1.77M shares per day on average, while over the past 10 days, SBRA traded about 1774130 shares per day. A total of 231.27M shares are outstanding, with a floating share count of 227.71M. Insiders hold about 1.64% of the company’s shares, while institutions hold 93.26% stake in the company. Shares short for SBRA as of 1718323200 were 13195014 with a Short Ratio of 7.46, compared to 1715731200 on 9718879. Therefore, it implies a Short% of Shares Outstanding of 13195014 and a Short% of Float of 8.2200006.

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 0.080971666The stock’s 5-year Average Dividend Yield is 9.04. The current Payout Ratio is 2030.46% for SBRA, which recently paid a dividend on 2024-05-17 with an ex-dividend date of 1715904000. Stock splits for the company last occurred on 2010-11-16 when the company split stock in a 1:3 ratio.

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