Sabra Health Care REIT combines high-quality fundamentals — 127% free cash flow conversion, a Piotroski score of 8/9, and 22% revenue growth — with a long-term moving average that is still rising, but weak near-term price momentum and a high short interest of 16% create near-term headwinds.
Thesis pillars
- Revenue Growth Acceleration→Stable
- Strong Cash Conversion Quality→Stable
- Momentum Weakness Distribution→Stable
- +1 more pillar — see the Why tab for full reasoning
Sabra Health Care REIT, Inc. (SBRA) Stock Analysis
Real Estate · REIT - Healthcare Facilities
Hold if already holding. Not a fresh buy at $20.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Overbought (RSI 77).
Sabra Health Care REIT owns and invests in 360 healthcare properties across the U.S. and Canada, primarily skilled nursing/transitional care facilities (58.3% of portfolio by count), senior housing communities, behavioral health facilities, and specialty hospitals leased to... Read more
Hold if already holding. Not a fresh buy at $20.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Overbought (RSI 77). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 30d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Sabra Health Care REIT, Inc.
About Sabra Health Care REIT, Inc.
Sabra Health Care REIT held 360 real estate properties at December 31, 2025, spanning skilled nursing/transitional care (210 facilities, 58.3% of portfolio), senior housing managed (87 communities, 24.2%), senior housing leased (32 facilities, 8.9%), behavioral health (16 facilities, 4.4%), and specialty hospitals (15 facilities, 4.2%), with total undepreciated book value of $5.909 billion. Texas represented the largest geographic concentration at 15.6% of total properties (56 facilities). The portfolio also included 13 loans receivable totaling $377 million in principal balance at a weighted-average contractual rate of 7.7% and four preferred equity investments of $65 million at 11.0%.
Sabra generates revenue primarily through triple-net leases on 273 facilities, under which tenants bear all property operating expenses, taxes, insurance, and maintenance. Leases run from less than one year to 18 years with a weighted-average remaining term of 7 years and generally include provisions to extend. The 87 Senior Housing - Managed communities operate under property management agreements where third-party managers receive a management fee while Sabra bears direct operational exposure to occupancy and rate fluctuations. The company's tenants depend heavily on Medicare, Medicaid, and private third-party payors for revenue, creating regulatory reimbursement risk. The filing notes CMS projects nursing home expenditures to grow from approximately $229 billion in 2024 to approximately $386 billion in 2033 at a 6.0% CAGR, providing a demand tailwind.
Show full overview
Sabra's single largest credit risk is tenant financial health rather than tenant concentration — the company explicitly states no tenant represented 10% or more of total revenues in 2025. However, its tenants face intensifying regulatory enforcement, potential Medicare/Medicaid reimbursement reductions (noted as a risk from President Trump and Congress), and labor cost inflation from minimum staffing requirements and wage pressures. The company's dependence on its President and CEO Mr. Matros is named explicitly as a key-person risk, and the 87 Senior Housing - Managed communities expose the balance sheet directly to occupancy and labor cost volatility rather than behind a NNN lease structure.
See also: Real Estate · REIT - Healthcare Facilities
From Sabra Health Care REIT, Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-07-06Recent Developments — Sabra Health Care REIT, Inc.
Latest news
- NEWS S&P upgrades Sabra Health Care REIT stock outlook on asset mix - Investing.com UK — Investing.com UK positive
- NEWS S&P upgrades Sabra Health Care REIT stock outlook on asset mix - Investing.com — Investing.com positive
- NEWS S&P upgrades Sabra Health Care REIT stock outlook on asset mix - Investing.com Nigeria — Investing.com Nigeria positive
- NEWS S&P upgrades Sabra Health Care REIT stock outlook on asset mix - Investing.com Canada — Investing.com Canada positive
- NEWS Mitsubishi UFJ Trust & Banking Corp Sells 111,862 Shares of Sabra Healthcare REIT, Inc. $SBRA - MarketBeat — MarketBeat neutral
Generated 2026-07-06T06:00:35Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $20.15, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Overbought (RSI 77). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $19.78 (-1.8%), stop $19.24 (−4.7%), A.R:R -0.3:1. Score 6.0/10, moderate confidence.
Take-profit target: $19.78 (-1.9% upside). Target $19.78 (-1.8%), stop $19.24 (−4.7%), A.R:R -0.3:1. Stop-loss: $19.24.
Analyst target reached - limited upside remaining; Overbought (RSI 77).
Sabra Health Care REIT, Inc. trades at a P/E of 32.0 (forward 27.1). TrendMatrix value score: 4.4/10. Verdict: Hold.
20 analysts cover SBRA with a consensus score of 3.8/5. Average price target: $22.
What does Sabra Health Care REIT, Inc. do?Sabra Health Care REIT owns and invests in 360 healthcare properties across the U.S. and Canada, primarily skilled...
Sabra Health Care REIT owns and invests in 360 healthcare properties across the U.S. and Canada, primarily skilled nursing/transitional care facilities (58.3% of portfolio by count), senior housing communities, behavioral health facilities, and specialty hospitals leased to third-party operators. Revenue is generated through triple-net operating leases (273 facilities, weighted-average remaining term of 7 years) and management agreements for 87 Senior Housing - Managed communities, with no single tenant representing 10%+ of total revenues in 2025.