Sabra Health Care REIT, Inc. Q3 2025 Earnings Recap

SBRA Q3 2025 November 6, 2025

Sabra Health Care REIT delivered strong third-quarter results, with cash NOI growth of 15.9% and a strategic increase in its managed senior housing portfolio to 26%.

Earnings Per Share Beat

$0.38 vs $0.38 est.

+0.0% surprise

Revenue Miss

190037000 vs 201965110 est.

-5.9% surprise

Market Reaction

1-Day +3.57%

5-Day +5.27%

30-Day +5.93%

Key Takeaways

SABRA exceeded its investment target of $400-$500 million, with closed and awarded deals totaling over $550 million in 2025.
Cash NOI for the managed senior housing portfolio surged 18.6% sequentially, underscoring the effectiveness of recent acquisitions.
Skilled nursing exposure dropped below 50% for the first time, indicating a shift towards a more balanced portfolio focused on senior housing.
Same-store cash NOI grew by 13.3% year-over-year, reflecting strong operational performance across core properties.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit SBRA on AllInvestView.