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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REITs Eye Uneven Recovery

SAN CLEMENTE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.25 to $0.265 per common share. The current dividend will be payable to common stockholders of record as of the close of business on March 31, 2021. The company confirmed that plans to pay the dividend on or about April 15, 2021.

CareTrust REIT Raises Quarterly Dividend to $0.265 per Share

SAN CLEMENTE, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has acquired Buena Vista Care Center, a 150-bed skilled nursing facility in the exclusive Southern California community of Santa Barbara. The facility will continue to be operated by California-based Covenant Care, Inc. under a long-term lease that CareTrust assumed in the off-market transaction.

CareTrust REIT Acquires Santa Barbara Skilled Nursing Facility

CareTrust REIT has proven itself to be an interesting REIT over the years.

CareTrust REIT: Solid, But Nothing Special

SAN CLEMENTE, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it purchased four California continuing care retirement communities (CCRCs) in the upscale Southern California sub-markets of Camarillo, Carlsbad, Rancho Mirage (Palm Springs) and San Juan Capistrano. The multi-service senior living campuses, which were originally developed by hotelier Marriott International, Inc. between 1999 and 2000, include 637 assisted living, skilled nursing and memory care beds.

CareTrust REIT Adds Premier Operator Relationship, Acquires Four-Asset California Portfolio

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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

News for CareTrust REIT Stock (CTRE)