Earnings summaries and quarterly performance for CareTrust REIT.
Executive leadership at CareTrust REIT.
Board of directors at CareTrust REIT.
Research analysts who have asked questions during CareTrust REIT earnings calls.
AW
Austin Wurschmidt
KeyBanc Capital Markets Inc.
4 questions for CTRE
Also covers: AHR, AIV, AMH +20 more
MC
Michael Carroll
RBC Capital Markets
4 questions for CTRE
Also covers: AHR, ARE, COLD +16 more
FG
Farrell Granath
Bank of America
3 questions for CTRE
Also covers: ADC, AHR, ARE +13 more
Juan Sanabria
BMO Capital Markets
3 questions for CTRE
Also covers: AMH, BRX, CUBE +20 more
OO
Omotayo Okusanya
Deutsche Bank AG
3 questions for CTRE
Also covers: AMH, ARE, AVB +42 more
RA
Richard Anderson
Wedbush Securities
3 questions for CTRE
Also covers: AIV, ARE, AVB +25 more
WG
Wesley Golladay
Robert W. Baird & Co.
3 questions for CTRE
Also covers: ADC, AHR, ARE +23 more
Alec Feygin
Robert W. Baird & Co. Incorporated
1 question for CTRE
Also covers: FCPT, GMRE, KIM +6 more
JK
John Kalichewski
Wells Fargo Securities
1 question for CTRE
John Kilichowski
Wells Fargo & Company
1 question for CTRE
Also covers: ADC, EPRT, FCPT +15 more
JH
Jonathan Hughes
Raymond James Financial
1 question for CTRE
Also covers: HR, MRT, OHI +3 more
WJ
William John Kilichowski
Wells Fargo
1 question for CTRE
Also covers: ADC, EPR, EPRT +14 more
Recent press releases and 8-K filings for CTRE.
CareTrust Acquires Mid-Atlantic Skilled Nursing Portfolio
CTRE
New Projects/Investments
M&A
- CareTrust REIT acquired a portfolio of six skilled nursing facilities in the Mid-Atlantic for approximately $142 million, effective January 1, 2026.
- The acquired portfolio comprises 532 licensed beds and is expected to generate a 9% stabilized yield, with the transaction funded using cash on hand.
- This acquisition extends the company's investment momentum, bringing total investments over the past two years to approximately $3.3 billion, and its current investment pipeline stands at about $300 million.
Jan 5, 2026, 12:00 PM
CareTrust REIT Reports Strong Q3 2025 Results and Updates Full-Year Guidance
CTRE
Earnings
Guidance Update
New Projects/Investments
- CareTrust REIT reported Q3 2025 normalized FFO per share of $0.45, marking an 18% increase over the prior year quarter.
- The company updated its full-year 2025 guidance for normalized FFO and FAD per share to a range of $1.76-$1.77, representing approximately 18% year-over-year growth at the midpoint.
- CareTrust REIT completed $495 million in new investments during and since Q3 2025, bringing year-to-date total investments to over $1.6 billion. The investment pipeline is currently $600 million, comprising approximately half U.S. skilled nursing, a third U.K. care homes, and the remainder SHOP and strategic loans.
- The company maintains strong liquidity with $334 million of cash on hand as of November 5, full capacity on its $1.2 billion revolver, and low leverage with net debt to EBITDA of 0.43 times.
- Bill Wagner will retire as CFO at year-end, with Derek Bunker transitioning into the role.
Nov 6, 2025, 7:00 PM
CareTrust REIT Announces Third Quarter 2025 Operating Results and Updated Full-Year Guidance
CTRE
Earnings
Guidance Update
New Projects/Investments
- CareTrust REIT reported net income per diluted share of $0.35, normalized FFO per diluted share of $0.45, and normalized FAD per diluted share of $0.44 for the quarter ended September 30, 2025.
- The company achieved a Net Debt to Annualized Normalized Run Rate EBITDA of 0.42x and raised $736.0 million in gross proceeds from a public offering of common stock during the quarter.
- CareTrust REIT closed $59.4 million in investments during Q3 2025 and an additional $436.5 million since quarter end, with a current investment pipeline of approximately $600 million.
- The company updated its 2025 guidance, projecting net income per diluted share of $1.41 to $1.42, normalized FFO per diluted share of $1.76 to $1.77, and normalized FAD per diluted share of $1.76 to $1.77.
Nov 5, 2025, 9:17 PM
CareTrust REIT Announces $437 Million in Acquisitions
CTRE
New Projects/Investments
- CareTrust REIT announced the closing of transactions totaling approximately $437 million in late October 2025.
- These acquisitions include 12 skilled nursing facilities and one skilled nursing campus, along with one skilled nursing facility and two assisted living communities, comprising approximately 1,760 licensed skilled nursing beds and assisted living units.
- The properties are leased to operators under long-term, triple-net leases with annual rent escalators and multiple renewal options.
- The blended stabilized yield for all investments closed across these four transactions is approximately 8.8%.
- The company funded these transactions using cash on hand, bringing its annual investment total to approximately $1.6 billion.
Nov 5, 2025, 9:16 PM
CareTrust REIT Reports Q3 2025 Results
CTRE
Earnings
Guidance Update
New Projects/Investments
- For Q3 2025, CareTrust REIT reported net income of $74.9 million ($0.35 per diluted share), normalized FFO of $94.7 million ($0.45 per diluted share), and normalized FAD of $93.1 million ($0.44 per diluted share).
- The company updated its 2025 guidance, projecting net income of approximately $1.41 to $1.42, normalized FFO of $1.76 to $1.77, and normalized FAD of $1.76 to $1.77 per diluted weighted-average common share.
- CareTrust REIT closed $59.4 million of investment activity in Q3 2025 at an 8.8% blended stabilized yield and raised $736.0 million in gross proceeds from a public offering of its common stock.
- As of September 30, 2025, the company reported a Net Debt to Annualized Normalized Run Rate EBITDA of 0.42x, $334 million in cash on hand, and a $600 million investment pipeline.
- The company also achieved 100.0% collection of contractual rent and interest and declared a quarterly dividend of $0.335 per share.
Nov 5, 2025, 9:12 PM
Quarterly earnings call transcripts for CareTrust REIT.
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