Sabra Healthcare REIT, Care Capital Properties to merge in $7.4B deal

Author

13 May, 2017

The combined company is expected to have a pro forma total market capitalization of approximately $7.4 billion and an equity market capitalization of approximately $4.3 billion. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. It has a 11.04 P/E ratio.

12/17/2015 - Sabra Healthcare REIT, Inc. had its "market perform" rating reiterated by analysts at Cowen. Zacks Investment Research cut Sabra Health Care REIT from a "buy" rating to a "hold" rating in a report on Tuesday, January 24th. The Kahn Brothers Group Inc holds 8,370 shares with $33.08M value, down from 8,679 last quarter. Sabra Health Care REIT has a 52 week low of $18.80 and a 52 week high of $29.10. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.50 on scale of 1-5. About 3.05 million shares traded or 468.04% up from the average.

Sabra Health Care REIT (NASDAQ:SBRA) traded up 0.41% on Tuesday, hitting $26.68. It has underperformed by 10.14% the S&P500. Seaboard Corp (NYSEMKT:SEB) has risen 13.76% since October 3, 2016 and is uptrending. (SBRA), the 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. Buy rating has been given by 0 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 1 analyst given HOLD rating. They now have a Dollars 25 price target on the stock. The company now has a consensus rating of Hold and a consensus price target of $27.00.

Previous year the stock traded as high as $31.56. Compass Point maintained Walker & Dunlop, Inc. The firm has "Neutral" rating given on Thursday, May 19 by Mizuho.

The stock is now showing YTD performance of 5.37 Percent. (NYSE:KF) to report $0.00 EPS on May, 30. Wood maintained Walker & Dunlop, Inc. 9 advised "Hold Rating" regarding the stock.

Analysts await Walker & Dunlop, Inc. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. WD's profit will be $32.05 million for 12.17 P/E if the $1.02 EPS becomes a reality.

EPS growth in next year is estimated to reach -6.58% while EPS growth estimate for this year is set at -17.30%.

Kestrel Investment Management Corp holds 2.27% of its portfolio in Walker & Dunlop, Inc. for 195,425 shares. Bank of Montreal Can now owns 3,893 shares of the real estate investment trust's stock worth $109,000 after buying an additional 1,191 shares during the last quarter. The New York-based Capital One National Association has invested 0.19% in the stock. Finally, Nomura Asset Management Co. It has a 36-month beta of 1.01, so you might be in for a bumpy ride. The rating was downgraded by Zacks to "Hold" on Tuesday, September 22. It also upped Sensata Technologies Hldg Nv (NYSE:ST) stake by 31,048 shares and now owns 225,657 shares.

Investors sentiment increased to 1.31 in 2016 Q4. Its up 0.11, from 1.2 in 2016Q3. It improved, as 21 investors sold SBRA shares while 56 reduced holdings.

The Free Cash Flow or FCF margin is 29.71%, which means that the business has healthy reserve funds for contingencies that may arise. California Pub Employees Retirement System invested in 117,500 shares. Nomura Asset invested in 0.02% or 41,790 shares. Stifel Financial invested in 0% or 10,028 shares. Mason Street Advisors Lc, Wisconsin-based fund reported 14,261 shares.

Whether or not the company meets or beats this expectation, along with other factors, can often dictate where the share price might be headed in the near-term.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its quarterly earnings results on Monday, May 8th. Breton Hill Ltd accumulated 17,369 shares or 0.11% of the stock. Looking at this figure it suggests that the shares of Sabra Health Care REIT, Inc. Royal Bancshares Of Canada stated it has 18,776 shares.


More news


  • Azerbaijani athletes well-prepared for Baku 2017: NOC

    Azerbaijani athletes well-prepared for Baku 2017: NOC

    The 2nd prize victor will be paid AZN 30,000 and his coach AZN 15,000, while bronze medalist AZN 20,000 and his coach AZN 10,000. Iran finished in fourth place in the first edition and became runner-up in the second edition.
    Federal Liberals to reinforce Trans Mountain pipeline support with BC

    Federal Liberals to reinforce Trans Mountain pipeline support with BC

    Current vote totals put the Liberals with 43 MLAs, the NDP with 41 MLAs and the Green Party with 3 MLAs. As for her plans for a coalition government, Clark says she will be awaiting final results.
    Arkansas' Rawleigh Williams ends football career after second neck injury

    Arkansas' Rawleigh Williams ends football career after second neck injury

    He was one of the top running backs in the SEC and Bret Bielema was hoping to have him back and healthy for a big junior campaign. In a November shredding of Mississippi State in Starkville, he had 16 rushes for 205 yards (12.8 per carry) and four scores.
  • Amtrak Engineer Charged In Deadly 2015 Philadelphia Train Crash

    He had become aware, through radio traffic, that a nearby commuter train had been struck by a rock. Philadelphia prosecutors said on Tuesday that Bostian wouldn't be charged in the 2015 derailment.

    Charlie Hunnam inspired by UFC champ Conor McGregor for King Arthur role

    However, it could be entirely possible this was the focus of the producers because it allowed for extraordinary special effects. His exuberance and action-hero handsomeness hold things together when "King Arthur: Legend of the Sword" is breaking apart.
    RBI initiates PCA against IDBI Bank

    RBI initiates PCA against IDBI Bank

    Earlier, in 2015, the central bank had initiated PCA against Indian Overseas Bank and against United Bank of India (UBI) in 2014. The RBI revised the so-called prompt corrective action framework last month, tightening thresholds around bad loans.
  • Stifel Nicolaus Boosts XPO Logistics Inc (XPO) Price Target to $65.00

    Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. FMR LLC acquired a new position in shares of XPO Logistics during the fourth quarter worth $58,317,000.
    William Hill reports positive start to 2017

    William Hill reports positive start to 2017

    The group said net revenues rose 41 per cent in Australia and 19 per cent in the USA over the first 17 weeks of 2017. William Hill plc (LON:WMH) traded down 2.29% during midday trading on Tuesday, reaching GBX 294.50.

    Novavax, Inc. (NVAX) Sees Strong Trading Volume on Earnings Beat

    Following the completion of the transaction, the insider now owns 128,279 shares of the company's stock, valued at $107,754.36. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward.
  • Kendrick Perkins says Kevin Durant, Russell Westbrook 'back on talking terms'

    Kendrick Perkins says Kevin Durant, Russell Westbrook 'back on talking terms'

    In their first matchup against each other in Oakland, neither player interacted with the other. "They're back on talking terms". Thanks to Perkins, it looks like Durant finally mustered up the courage to call Westbrook and have a conversation, man to man.
    Pirates pitcher Jameson Taillon has suspected testicular cancer

    Pirates pitcher Jameson Taillon has suspected testicular cancer

    Finding a possibility of cancer so quickly has to be a good thing, and Taillon posted a statement about his situation on Twitter. The Pirates placed the right-hander on the 10-day disabled list Saturday after he had complained of groin discomfort.

    Globalstar, Inc.'s (GSAT)

    The business had revenue of $24.65 million during the quarter, compared to analysts' expectations of $23.77 million. Now have a look at past performance (weekly performance to year to date performance) how Globalstar , Inc.