Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) announced a dividend on Wednesday, August 2nd, Fidelity reports. Investors of record on Wednesday, August 16th will be given a dividend of 0.3599 per share by the real estate investment trust on Friday, August 18th. The ex-dividend date of this dividend is Monday, August 14th.
Sabra Healthcare REIT (NASDAQ:SBRA) traded down 2.22% during mid-day trading on Friday, reaching $20.71. 2,806,992 shares of the company were exchanged. Sabra Healthcare REIT has a 1-year low of $19.30 and a 1-year high of $29.10.
A number of equities research analysts have recently weighed in on SBRA shares. Mizuho reiterated a “neutral” rating on shares of Sabra Healthcare REIT in a report on Wednesday, June 28th. Cantor Fitzgerald reiterated a “buy” rating and issued a $30.00 price target on shares of Sabra Healthcare REIT in a report on Monday, May 8th. Zacks Investment Research upgraded Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Jefferies Group LLC restated a “hold” rating and set a $28.00 price objective on shares of Sabra Healthcare REIT in a research note on Friday, May 12th. Finally, Canaccord Genuity restated a “hold” rating and set a $26.00 price objective on shares of Sabra Healthcare REIT in a research note on Tuesday, May 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $27.00.
Sabra Healthcare REIT Company Profile
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.
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