Sabra Health Care REIT Inc (OQ:SBRA)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: SUITE 550, 18500 VON KARMAN
IRVINE CA 92612
Tel: N/A
Website: https://sabrahealth.com
IR: See website
<
Key People
Richard K. Matros
Chairman of the Board, President, Chief Executive Officer
Michael L. Costa
Chief Financial Officer, Executive Vice President, Company Secretary
Jessica Flores
Executive Vice President, Chief Accounting Officer
Talya Nevo-Hacohen
Executive Vice President, Chief Investment Officer, Treasurer
   
Business Overview
Sabra Health Care REIT, Inc. operates as a self-administered, self-managed real estate investment trust (REIT) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry. 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. Its investment portfolio is primarily comprised of skilled nursing/transitional care facilities, senior housing communities (Senior Housing - Leased), behavioral health facilities, and specialty hospitals and other facilities, in each case leased to third-party operators; senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed); investments in joint ventures; loans receivable, and preferred equity investments. Its real estate properties held for investment include approximately 37,834 beds/units, spread across the United States and Canada.
Financial Overview
For the fiscal year ended 31 December 2023, Sabra Health Care REIT Inc revenues increased 4% to $647.5M. Net income totaled $13.8M vs. loss of $77.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Loss from unconsolidated joint ventures decrease of 97% to $2.9M (expense), Impairment of real estate decrease of 85% to $14.3M (expense).
Employees: 48 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $5,600M as of Dec 31, 2023
Annual revenue (TTM): $647.51M as of Dec 31, 2023
EBITDA (TTM): $404.61M as of Dec 31, 2023
Net annual income (TTM): $13.76M as of Dec 31, 2023
Free cash flow (TTM): -$55.41M as of Dec 31, 2023
Net Debt Last Fiscal Year: $2,373M as of Dec 31, 2023
Shares outstanding: 231,476,751 as of Feb 20, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.