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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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, Inc. (NYSE:CTRE ) Q4 2022 Earnings Conference Call February 10, 2023 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer James Callister - Chief Investment Officer Conference Call Participants Jonathan Hughes - Raymond James Austin Wurschmidt - KeyBanc Capital Markets Steven Valiquette - Barclays Michael Carroll - RBC Capital Markets Juan Sanabria - BMO Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Operator Good morning. My name is Devin and I'll be your conference operator today.

CareTrust REIT, Inc. (CTRE) Q4 2022 Earnings Call Transcript

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0% and 0.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Matches Q4 FFO Estimates

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events.

CareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its fourth quarter and full year 2022 financial results after the U.S. markets close on Thursday, February 9, 2023. 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 Friday, February 10, 2023

SAN CLEMENTE, Calif.--( BUSINESS WIRE )--CareTrust REIT, Inc. (NYSE:CTRE) reported today the tax status of its 2022 dividends paid to shareholders. Details on the classifications of the dividends are included in the table below:

CareTrust REIT, Inc. Announces Tax Treatment of 2022 Dividends

AbbVie

Abbott Labs

Accenture Plc

Agree Realty

American Financial Group

American Financial Group Inc 6 1/4 % Debentures 2014-30.9.54 Subord

Air Lease

Alamo Group

Alerus Financial Corp

Amphenol

Algonquin Power & Utilities

Alexandria Real Estate Equities

Franklin Resources

Camden National

Community Bank System

City Hld

Cincinnati Financial

ConocoPhillips

Camden Property

CubeSmart

Dollar General

Quest Diagnostics

Digital Realty Trust

Ecolab

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of January 8

SAN CLEMENTE, Calif.--( BUSINESS WIRE )--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of five seniors housing facilities in Virginia for a purchase price of $13 million. The facilities sold included, in the aggregate, approximately 240 units. In connection with the completion of the sale, the facilities were removed from the company's applicable master lease with affiliates of Noble Senior Services. The facilities were sold to a regional owner/operator of assisted living and memory care facilities.

CareTrust REIT Completes Sale of Virginia Senior Housing Facilities

SAN CLEMENTE, Calif.--( BUSINESS WIRE )--CareTrust REIT, Inc. (NYSE: CTRE) announced today that it has renewed its unsecured revolving credit facility and extended the maturity date to February 2027.

CareTrust REIT, Inc. Announces Renewal and Extension of Unsecured Revolver

SAN CLEMENTE, Calif.--( BUSINESS WIRE )--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.275 per common share. The current quarterly dividend is payable to common stockholders of record as of the close of business on December 30, 2022. The Company intends to pay the dividend on or about January 13, 2023.

CareTrust REIT Announces Quarterly Dividend of $0.275 per Share

CareTrust REIT is seeing improving occupancy rates as the healthcare segment continues to recover. It maintains a strong balance sheet and pays a well-covered dividend.

CareTrust REIT: Give Your Portfolio Some TLC

SAN CLEMENTE, Calif.--( BUSINESS WIRE )--The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022. Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period to pursue entrepreneurial opportunities. Mr. Callister currently serves as CareTrust's Executive Vice President.

CareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment Officer

CareTrust REIT, Inc. (NYSE:CTRE ) Q3 2022 Earnings Conference Call November 9, 2022 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Mark Lamb - Chief Investment Officer James Callister - Executive Vice President Conference Call Participants Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Dave Rodgers - Baird Michael Carroll - RBC Capital Markets Steven Valiquette - Barclays Austin Wurschmidt - KeyBanc Capital Markets Tayo Okusanya - Credit Suisse Operator Good afternoon and welcome to CareTrust REIT's Third Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

CareTrust REIT, Inc. (CTRE) Q3 2022 Earnings Call Transcript

CareTrust REIT (CTRE) delivered FFO and revenue surprises of -2.63% and 2.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Misses Q3 FFO Estimates

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended September 30, 2022, as well as other recent events.

CareTrust REIT Announces Third Quarter 2022 Operating Results

CareTrust REIT Sets Third Quarter Earnings Call for Wednesday, November 9, 2022

CareTrust Announces Environmental Benchmarking Progress and Operational Improvements with Annual Sustainability Report

Essential Properties Realty Trust Inc

STAG Industrial

It just feels like a continuous flood of bad news this year. High-quality REITs can offer some nice gains along with peace of mind during times like these.

3 SWAN-A-Bees We're Buying Hand Over First

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of seven skilled nursing facilities in Ohio for a purchase price of $52 million. In connection with the completion of the sale, the company's master lease with affiliates of Trio Healthcare was terminated. The portfolio includes approximately 600 skilled nursing beds along with approximately 100 seniors housing beds/units. President and CEO, Dave Sedgwick, said, “In February, w

CareTrust REIT Completes Sale of Ohio Skilled Nursing Facilities

Global Medical REIT

LTC Properties

We decided to commence a new series titled "Flying Under The Radar." We will be examining small-cap REITs in various property sectors.

Flying Under The Radar: 3 Small-Cap Healthcare REIT Gems

CTRE is a triple-net lease REIT that owns skilled nursing facilities and senior housing. The industry has suffered mightily from a worsening labor shortage over the last few years, but that appears to be turning around.

CareTrust REIT: SNF Industry Fundamentals Appear To Be Rebounding

CareTrust REIT's management is weathering the current environment rather well. Overall, tenant rent coverage remains close to pre-COVID levels.

CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT

Camping World Hlds

The lowest-yielding stock on this list pays 5.2%.

Want $2,000 in Passive Income? Invest $30,000 in These 2 Stocks

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $24.9 million B-piece secured financing on a 4-asset skilled nursing portfolio located in the Southeast. The portfolio includes approximately 700 skilled nursing beds. The B-piece loan is secured by the borrowers' ownership interest in the real estate and carries a three-year maturity with two, 1-year extensions and an annual interest rate of 9.00%. The loan was funded with cash on hand.

CareTrust REIT Invests in Secured Loan Financing on Southeast SNFs

Why I Keep Buying More of this High-Yield Dividend Stock

CareTrust REIT Inc. (NYSE:CTRE ) Q2 2022 Results Conference Call August 5, 2022 1:00 PM ET Company Participants Lauren Beale - SVP and Controller Dave Sedgwick - President and CEO Mark Lamb - CIO Bill Wagner - CFO James Callister - Executive Vice President Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Steven Valiquette - Barclays Juan Sanabria - BMO David Rodgers - Baird Daniel Bernstein - Capital One Tayo Okusanya - Credit Suisse Operator Ladies and gentlemen, thank you for standing by. Welcome to CareTrust REIT Second Quarter 2022 Earnings Conference Call.

News for CareTrust REIT Stock (CTRE)