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.

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CareTrust REIT, Inc. (CTRE) CEO Gregory Stapley on Q4 2020 Results - Earnings Call Transcript

Conference Call Scheduled for Thursday, February 11, 2021 at 1:00 pm ET Conference Call Scheduled for Thursday, February 11, 2021 at 1:00 pm ET

CareTrust REIT Announces Fourth Quarter and Full Year 2020 Operating Results

SAN CLEMENTE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that David Sedgwick, CareTrust's Chief Operating Officer and one of the original members of CareTrust's seasoned management team, has been promoted to President of the company. The title of President was previously held by Greg Stapley, CareTrust's Chairman and Chief Executive Officer. Mr. Sedgwick will also retain his Chief Operating Officer title.

CareTrust REIT Promotes David Sedgwick to President

SAN CLEMENTE, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that noted real estate and healthcare attorney James Callister has joined the Company as General Counsel and Secretary. CareTrust also announced that Lauren Beale, CareTrust's Controller, has been promoted to Senior Vice President and Controller.

CareTrust REIT Announces Key Personnel Changes

Medical Properties Trust

We're bullish on CTRE's “growth potential with an attractive cost of capital and relatively healthy rent coverage." Despite the pandemic, MPW has closed on nearly $5B of investments since the end of 2019 and the company now has around 23% exposure to properties in the UK.

Lessons Learned: Good Things Are Worth Waiting For

SAN CLEMENTE, Calif., Feb. 05, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its fourth quarter and full year 2020 financial results after the U.S. markets close on Wednesday, February 10, 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 Fourth Quarter Earnings Call for Thursday, February 11, 2021

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SAN CLEMENTE, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) reported today the tax status of its 2020 dividends paid to shareholders. Details on the classifications of the dividends are included in the table below:

CareTrust REIT, Inc. Announces Tax Treatment of 2020 Dividends

Covid has negatively impacted the Healthcare industry. CareTrust is a high-quality net lease operator with high-quality tenants.

CareTrust REIT Is Currently Fairly Valued

SAN CLEMENTE, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.25 per common share.

CareTrust REIT Announces Quarterly Dividend of $0.25 per Share; Strong Q4 Collections

CareTrust REIT shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81. The post Stocks Showing Improving Market Leadership: CareTrust REIT Earns 81 RS Rating appeared first on Investor's Business Daily.

Stocks Showing Improving Market Leadership: CareTrust REIT Earns 81 RS Rating

CareTrust is a relatively smaller healthcare REIT that has maintained steady performance and raised its dividend this year. Management recently boosted guidance for the full year, and the deal pipeline has recovered to over $100 million.

CareTrust REIT: Good Things Come In Small Packages

In trading on Wednesday, shares of CareTrust REIT were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day.

CareTrust REIT Passes Through 5% Yield Mark

SAN CLEMENTE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has extended a $15 million secured mezzanine loan to Next Healthcare, Inc. in connection with Next's acquisition of a nine-property skilled nursing portfolio in Virginia. The portfolio includes approximately 1,000 skilled nursing beds.

CareTrust REIT Completes Mezzanine Loan

SAN CLEMENTE, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired four post-acute care facilities in the Dallas-Ft. Worth area in an off-market transaction for $47.6 million, inclusive of transaction costs. The portfolio consists of 554 skilled nursing beds and 24 assisted living beds, and is currently leased to operating affiliates of The Ensign Group, Inc. The facilities include Beacon Harbor Healthcare & Rehabilitation in Rockwall, Rowlett Health & Rehabilitation Center in Rowlett, Crestwood Health & Rehabilitation in Wills Point and Pleasant Manor Healthcare & Rehabilitation in Waxahachie.

CareTrust REIT Acquires Four-Property Texas Portfolio

CareTrust REIT, Inc. (CTRE) CEO Gregory Stapley on Q3 2020 Results - Earnings Call Transcript

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 3.03% and 7.15%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Tops Q3 FFO and Revenue Estimates

Conference Call Scheduled for Friday, November 6, 2020 at 2:00 pm ET Conference Call Scheduled for Friday, November 6, 2020 at 2:00 pm ET

CareTrust REIT Announces Third Quarter 2020 Operating Results

SAN CLEMENTE, Calif., Oct. 30, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its third quarter 2020 financial results after the U.S. markets close on Thursday, November 5, 2020. 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 Third Quarter Earnings Call for Friday, November 6, 2020

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In light of the coronavirus pandemic accelerating demand in life sciences real estate, five health care REITs with good dividend yields and low debt-to-Ebitda ratios are Community Healthcare Trust Inc. (NYSE:CHCT), CareTrust REIT Inc. (NASDAQ:CTRE), Physicians Realty Trust (NYSE:DOC), Healthcare Realty Trust Inc. (NYSE:HR) and National Health Investors Inc. (NYSE:NHI) according to the All-in-One Screener, a Premium feature of GuruFocus.

5 Health Care REITs to Consider in 4th Quarter

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News for CareTrust REIT Stock (CTRE)