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

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

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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

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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

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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.

CareTrust REIT Inc. (CTRE) CEO Dave Sedgwick on Q2 2022 Results - Earnings Call Transcript

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 5.71% and 0.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CareTrust REIT (CTRE) Q2 FFO Beat Estimates

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2022 Operating Results

CareTrust REIT Announces Second Quarter 2022 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $22,250,000 “B” piece secured loan in connection with the acquisition of a 5-asset skilled nursing portfolio in California. The portfolio includes approximately 600 skilled nursing beds. The “B” piece of the secured term loan carries a three-year maturity with two, 1-year extensions and an annual SOFR-based interest rate with a minimum floor of approximately 8.5%. “On the heels of our

CareTrust REIT Provides Secured Loan on California Skilled Nursing Facilities

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 5, 2022

CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 5, 2022

CTRE dropped almost 20% YTD and has an attractive dividend yield of 5.86%. Nursing care home reform-led re-purposing/re-tenanting assets may hurt CTRE's sales.

Put CareTrust REIT On Hold

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Promotes James Callister to Executive Vice President.

CareTrust REIT Promotes James Callister to Executive Vice President

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $75 million “C” piece financing as part of a larger multi-tranche senior secured term loan and has extended a $25 million mezzanine loan to a private equity skilled nursing real estate owner in connection with the acquisition of an 18-property portfolio in the Mid-Atlantic. The portfolio includes approximately 2,000 skilled nursing beds. The “C” tranche of the senior secured term loan

CareTrust REIT Participates in Senior Secured Real Estate Financing and Provides Mezzanine Loan

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Changes to the Board of Directors

CareTrust REIT Announces Changes to the Board of Directors

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These 2 REITs Are All In On the Boomer Retirement Trend

The healthcare REIT is seeing some signs of improvement.

Why CareTrust REIT Stock Surged 14% in May

Intercontinental Exchange

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that CareTrust REIT, Inc. (NYSE: CTRE) completed its listing transfer and began trading today as an NYSE-listed company. CareTrust will now be able to leverage all of the advantages of membership in the NYSE community, which include the Exchange's unique market model combining cutting-edge technology with

CareTrust REIT Completes Listing Transfer to the New York Stock Exchange

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SAN CLEMENTE, Calif., May 10, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq:CTRE) today announced the pending transfer of its common stock from the Nasdaq Global Select Market (“Nasdaq”) to the New York Stock Exchange (“NYSE”). The Company expects its common stock to begin trading on the NYSE at market open on May 23, 2022 under its current ticker symbol “CTRE.” The Company's common stock will continue to trade on Nasdaq until the transfer is complete.

CareTrust REIT Announces Transfer to the New York Stock Exchange

CareTrust REIT Inc. (NASDAQ:CTRE ) Q1 2022 Earnings Conference Call May 6, 2022 1:00 PM ET Company Participants Lauren Beale - SVP and Controller Dave Sedgwick - President and CEO Mark Lamb - CIO Bill Wagner - CFO Conference Call Participants Juan Sanabria - BMO Capital Markets Jonathan Hughes - Raymond James Steven Valiquette - Barclays Michael Carroll - RBC Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Omotayo Okusanya - Credit Suisse Operator Good day. My name is Dexter, and I will be your conference operator for today.

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