Sabra Raises 2026 AFFO Guidance to $1.58-$1.60, Up from Prior View
SBRA sits 16% above its 52-week low of $17.165.
Summary
Sabra lifted its full-year 2026 AFFO guidance to $1.58-$1.60 per share, alongside FFO of $1.12-$1.14 and normalized FFO of $1.53-$1.55. The increase follows a major tenant transition for 26 Avamere properties and a $200M mortgage settlement announced earlier today, which reshapes the portfolio and cash flow outlook. The new AFFO midpoint of $1.59 represents a material step-up from prior expectations, signaling stronger operational performance and capital deployment. With a $5B market cap, the raised guidance directly impacts valuation and distribution sustainability. The business update also includes increased full-year 2026 guidance, though specific prior figures were not disclosed. The stock is likely to react positively as the market prices in the improved earnings power.
At the time of this announcement, SBRA was trading at $19.84 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $5B. The 52-week trading range was $17.17 to $21.28. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.