Sabra (SBRA) Closes Sale/Leaseback Transaction, Offers Outlook

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Go back to Sabra (SBRA) Closes Sale/Leaseback Transaction, Offers Outlook

Sabra Healthcare REIT Inc. (SBRA) PT Lowered to $24 at Jefferies Following Acquisitions

September 27, 2017 8:34 AM EDT

Jefferies lowered its price target on Sabra Healthcare REIT Inc. (NASDAQ: SBRA) to $24.00 (from $25.00) while maintaining a Buy rating following the company's acquisition activities. Sabra closed a $378M sale/leaseback agreement for 21 of 24 skilled nursing facilities. The additional three facilities (valued at $52M)... More

Sabra Health Care REIT (SBRA) Prices 16M Share Common Offering at $21/Sh

September 26, 2017 5:46 AM EDT

Sabra Health Care REIT, Inc. (NASDAQ: SBRA) today announced the pricing of an underwritten public offering of 16,000,000 shares of its common stock at a price to the public of $21.00 per share. Sabra has granted the underwriters a 30-day option to purchase up to 2,400,000... More