CareTrust REIT

CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.

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CareTrust REIT reports solid Q4 performance amidst market challenges

CareTrust REIT's Q4 2022 performance showcased stability in rent, strong portfolio tenants, and strategic financial management despite some operational challenges.
The company's focus on actionable acquisitions, local expertise utilization, and addressing market uncertainties positions them for growth and operational improvement.
With a proactive approach to portfolio optimization and readiness for external growth, CareTrust REIT navigates challenges and leverages opportunities in the market.

CareTrust REIT reports resilient performance amidst regulatory challenges and growth opportunities

CareTrust REIT (CTRE) showcased strong performance in investment activity and portfolio management, despite challenges in underperforming assets and regulatory concerns.
The company's strategic strengths in relationship-based lending, asset transitions, and portfolio coverage position it well for future growth and resilience.
While facing challenges such as staffing requirements and financial adjustments, CareTrust REIT can leverage opportunities in operator relationships and acquisitions for sustainable success.
Overall, CareTrust REIT's Q1 2023 earnings call highlights a balanced approach to navigating industry dynamics, focusing on operational efficiency, and driving long-term value.

CareTrust REIT reports strong Q2 performance with growth opportunities

CareTrust REIT's Q2 2023 showcased positive momentum in investments and operational performance.
While facing challenges in normalized FFO and FAD, the REIT maintains strong liquidity and growth opportunities.
With a focus on disciplined underwriting and portfolio diversification, CareTrust REIT is poised for future growth.
Clear communication on lease structures and strategic adjustments can further enhance operational efficiency and profitability.

CareTrust REIT reports solid Q3 performance amidst operational challenges

CareTrust REIT's Q3 performance showed solid financial metrics and strategic investments, positioning the company for future growth.
While facing challenges like lease coverage trends and staffing mandates, CareTrust's strong liquidity and balance sheet strengths provide a foundation for success.
Opportunities lie in high-yield investments, lease resets, and a positive investment outlook, indicating a promising future for CareTrust REIT.

CareTrust REIT reports strong Q4 earnings, eyes growth opportunities

CareTrust REIT demonstrated robust financial performance and liquidity, with a positive outlook for earnings in 2024.
The company faces challenges related to financing issues and provisioning driven by industry recovery caution.
Opportunities lie in new investments, portfolio optimization, and strategic growth initiatives amidst a recovering market.
Overall, CareTrust REIT's focus on stability, growth, and risk management positions it well for future success in the industry.

CareTrust REIT excels in Q1 2024, poised for strategic growth

CareTrust REIT delivers strong financial performance, strategic investments, and robust liquidity, positioning for continued growth and value creation.
Despite potential challenges in market dynamics and risk management, the company's proactive approach to governance and investment decisions mitigates risks and enhances resilience.
With a clear focus on growth opportunities, demographic trends, and prudent financial management, CareTrust REIT remains well-positioned for sustained success in the real estate investment market.

CareTrust REIT reports strong Q2 earnings and strategic growth focus

CareTrust REIT's Q2 2024 Earnings Call highlighted robust financial performance, strategic investments, and a focus on quality care and long-term growth.
The company's emphasis on operator-first approach, strong liquidity, and increased guidance reflect a positive outlook for future growth and stability.
While facing competitive investment challenges, CareTrust REIT's prudent strategies and market positioning offer opportunities for sustained success.

CareTrust REIT reports robust Q3 performance and eyes growth opportunities

CareTrust REIT delivered a strong performance in Q3 2024, with notable market cap growth, successful acquisitions, and improved financial metrics.
The company's focus on operational excellence, solid liquidity position, and raised guidance for 2024 reflect a positive outlook for future growth.
While facing challenges such as market uncertainties and regulatory changes, CareTrust REIT remains well-positioned to leverage opportunities for expansion and value creation.

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CareTrust REIT, Inc. engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.

CareTrust REIT's (CTRE) CEO Greg Stapley on Q2 2021 Results - Earnings Call Transcript

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CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0.00% and 0.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Matches Q2 FFO Estimates

Conference Call Scheduled for Friday, August 6, 2021 at 1:00 pm ET Conference Call Scheduled for Friday, August 6, 2021 at 1:00 pm ET

CareTrust REIT Announces Second Quarter 2021 Operating Results

SAN CLEMENTE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today announced the acquisition of two skilled nursing facilities in the Austin, Texas metropolitan area. The 119-bed Sedona Trace Health & Wellness Center in Austin and the 122-bed Cedar Pointe Health & Wellness Center in Cedar Park will be operated by affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), which took over operations effective August 1, 2021.

CareTrust REIT Acquires Two Austin Skilled Nursing Facilities

SAN CLEMENTE, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its second quarter 2021 financial results after the U.S. markets close on Thursday, August 5, 2021. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day.

CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 6, 2021

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CareTrust REIT has a durable net lease model and has grown its margins through scaling its asset base.

CareTrust REIT: This Cash Cow Gives Income And Growth

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CareTrust REIT: Senior Housing And Skilled Nursing Are Coiled Springs

SAN CLEMENTE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT's REITweek 2021 Investor Conference. David Sedgwick, CareTrust's President and Chief Operating Officer, will be making a presentation using the new slide deck to all interested NAREIT attendees at 4:30 pm Eastern time.

CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2021 Conference

SAN CLEMENTE, Calif., June 03, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) (“CareTrust REIT”) announced today that its wholly owned subsidiaries CTR Partnership, L.P. and a corporate co-issuer, CareTrust Capital Corp. (together, the “Issuers”), priced their private offering of $400 million aggregate principal amount of senior unsecured notes due 2028 (the “Notes”). The Notes were offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be senior unsecured obligations of the Issuers and will be jointly and severally guaranteed by CareTrust REIT and CareTrust REIT's existing and future subsidiaries that guarantee obligations under CareTrust REIT's credit facility (other than the Issuers).

CareTrust REIT, Inc. Announces Pricing of $400 Million in Senior Notes due 2028

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SAN CLEMENTE, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) confirmed today that it has approved a request from longtime tenant Five Oaks Healthcare, L.L.C. to transfer the operations in four of its CareTrust-owned skilled nursing facilities to affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), effective June 1, 2021.

CareTrust REIT Sees Relationship with The Ensign Group Grow in Washington

SAN CLEMENTE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) (“CareTrust REIT”) announced today that its wholly owned subsidiaries CTR Partnership, L.P. and a corporate co-issuer, CareTrust Capital Corp. (together, the “Issuers”), intend to offer, subject to market and other conditions, $400 million aggregate principal amount of senior unsecured notes due 2028 (the “Notes”) in a private offering. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be senior unsecured obligations of the Issuers and will be jointly and severally guaranteed by CareTrust REIT and CareTrust REIT's existing and future subsidiaries (other than the Issuers) that guarantee obligations under CareTrust REIT's credit facility. The interest rate and certain other terms of the Notes will be determined at the time of the pricing of the offering.

CareTrust REIT, Inc. Announces Offering of $400 Million in Senior Notes due 2028

CareTrust REIT, Inc. (CTRE) CEO Greg Stapley on Q1 2021 Results - Earnings Call Transcript

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0.00% and 2.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Q1 FFO Meet Estimates

Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET

CareTrust REIT Announces First Quarter 2021 Operating Results

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SAN CLEMENTE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired El Centro Post-Acute Center, a 123-bed skilled nursing facility located adjacent to the El Centro Regional Medical Center in El Centro, California. The facility has been added to CareTrust's existing master lease with San Diego-based Bayshire Senior Communities, which sourced the off-market transaction and turned to CareTrust to finance and close the deal.

CareTrust REIT Grows Again in Southern California

SAN CLEMENTE, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its first quarter 2021 financial results after the U.S. markets close on Thursday, May 6, 2021. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day.

CareTrust REIT Sets First Quarter Earnings Call for Friday, May 7, 2021

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After seeing its stock price nearly halved at the onset of COVID-19, CTRE shares have made a robust rebound back to a price just below their all-time high. Largely thanks to the net lease model, CTRE's business was resilient through the pandemic, with over 99% of contractual rent collected and most tenants showing strong rent coverage.

CareTrust REIT: This Skilled Nursing REIT Still Makes A Great Long-Term Buy-And-Hold

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News for CareTrust REIT Stock (CTRE)