Sabra(US:SBRA)2024-11-01 17:14Portfolio Strategy - The >80 population is expected to grow 4% per year through 2040[7] - As of September 30, 2024, the company has 408 investments and 60 relationships[31] - As of September 30, 2024, the average occupancy percentage is 80% for SNF/TC, 90% for Senior Housing - Leased, and 79% for BH/Hosp/Oth[32] - As of September 30, 2024, the weighted average remaining lease term is 7 years[32] - As of September 30, 2024, SNF/TC EBITDARM coverage is 1.94x, Senior Housing - Leased is 1.37x, and BH/Hosp/Oth is 3.68x[30, 32] - As of September 30, 2024, Skilled Nursing/Transitional Care accounts for 52% of asset class concentration[35] Financial Performance & Guidance - The company updates its 2024 earnings guidance for Net Income to $0.48 - $0.49 per diluted common share[12] - The company updates its 2024 earnings guidance for FFO to $1.35 - $1.36 per diluted common share[12] - The company updates its 2024 earnings guidance for Normalized FFO to $1.39 - $1.40 per diluted common share[12] - The company updates its 2024 earnings guidance for AFFO to $1.41 - $1.42 per diluted common share[12] - The company updates its 2024 earnings guidance for Normalized AFFO to $1.43 - $1.44 per diluted common share[12]