With 2.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.04 million shares. The 52-week range on SBRA shows that it touched its highest point at $19.99 and its lowest point at $13.22 during that stretch. It currently has a 1-year price target of $19.80. With its current market cap of 3.88 billion, SBRA has annualized dividend of $1.20 while the current yield stands at 7.32%. Beta for the stock currently stands at 1.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SBRA was up-trending over the past week, with a rise of 1.80%, but this was down by -3.87% over a month. Three-month performance dropped to -9.85% while six-month performance rose 2.96%. The stock gained 19.98% in the past year, while it has lost -5.37% so far this year. A look at the trailing 12-month EPS for SBRA yields 0.41 with Next year EPS estimates of 0.77. For the next quarter, that number is 0.17. This implies an EPS growth rate of 31.02% for this year and 9.19% for next year.
Float and Shares Shorts:
At present, 236.59 million SBRA shares are outstanding with a float of 232.27 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SBRA since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.51211 being high and $0.49433 being low. For SBRA, this leads to a yearly average estimate of $0.505.
