Sabra Health Care REIT, Inc. — Third Quarter 2026 Earnings Summary

Sabra Health Care REIT reported third-quarter 2026 net income of $0.11 per diluted share, with Funds From Operations (FFO) of $0.40 and Adjusted Funds From Operations (AFFO) of $0.45. The company closed on the acquisition of seven Senior Housing Operating Portfolio (SHOP) communities for $222.8 million and announced an additional $425 million in awarded investments expected to close later in the year. Sabra updated its full-year 2026 guidance, raising the midpoint for Net Income to $0.27 and AFFO to $1.63 per share, driven by strong same-store SHOP cash NOI growth of 14.6% year-over-year. As of September 30, 2026, the company maintained approximately $1.2 billion in liquidity and reported a Net Debt to Adjusted EBITDA ratio of 4.54x.