CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.
IPO Year: 2022
Exchange: NASDAQ
Website: caretrustreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/13/2025 | $31.00 | Hold → Buy | Deutsche Bank |
| 1/2/2025 | $34.00 → $26.00 | Neutral → Underperform | Wedbush |
| 12/9/2024 | $34.00 → $32.00 | Outperform → Market Perform | BMO Capital Markets |
| 10/1/2024 | $28.00 → $34.00 | Equal Weight → Overweight | Wells Fargo |
| 5/29/2024 | $26.00 | Neutral | Wedbush |
| 1/30/2024 | $23.00 | Hold | Deutsche Bank |
| 9/20/2023 | $23.00 | Buy | Jefferies |
| 9/12/2023 | $19.00 → $23.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 8/16/2023 | $23.50 → $24.00 | Market Perform → Outperform | BMO Capital Markets |
| 7/27/2023 | $23.00 | Buy | Berenberg |
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CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust REIT" or the "Company") announced the pricing of its upsized underwritten public offering of 20,000,000 shares of common stock at a price to the public of $32.00 per share. The offering is expected to close on August 14, 2025, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of common stock. The Company intends to contribute the net proceeds to CTR Partnership, L.P., its operating partnership, which will in turn use the proceeds from this offering to fund new investments and repay the borrowings outstanding on its r
CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust REIT" or the "Company") announced that, subject to market and other conditions, it intends to offer to sell 15,500,000 shares of its common stock in an underwritten public offering. The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of common stock. If exercised, all additional shares will be offered at the public offering price per share of common stock in the offering. The Company intends to contribute the net proceeds to CTR Partnership, L.P., its operating partnership, which will in turn use the proceeds from this offering to fund new investments and repay the borrowings outst
Conference Call Scheduled for Thursday, August 7, 2025 at 1:00 pm ET CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2025, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $1.1 billion at an estimated stabilized yield of 8.4%, including the acquisition of Care REIT plc; Upsized the credit facility to include a $500 million, 5-year term loan; 12.1 million shares sold under its ATM Program for gross proceeds of $353.9 million; Investment grade rating by Fitch; 99.7% of contractual rent and interest collected; Net income of $68.5 million and net income per share of $0.35; Net Debt
SAN JUAN CAPISTRANO, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of Pine Crest Health and Memory Care, a 120-bed skilled nursing facility located in Merrill, Wisconsin. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, and the facility will be operated by an Ensign-affiliated tenant. The
SAN JUAN CAPISTRANO, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired Crystal Heights Care Center, a 72-bed skilled nursing facility located in Oskaloosa, Iowa. The real estate will be acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, and the facility will be operated by an Ensign-affiliated operator, effective as of August 1, 2025. "We are t
SAN JUAN CAPISTRANO, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of the following skilled and assisted living facilities in California: Courtyard Health Care Center, a 112-bed skilled nursing facility located in Davis, California;Pacific Gardens Nursing and Rehabilitation Center, a 171-bed skilled nursing facility located in Fresno, California;Vintage Faire Residential, a 31-u
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its second quarter 2025 financial results after the U.S. markets close on Wednesday, August 6, 2025. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day. Conference Call CareTrust REIT invites current and prospective investors to listen to the call on Thursday, August 7, 2025 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The toll-free dial-in number is 1 (800) 715-9871 or toll dial-in number is 1 (646) 307-1963 and the conference ID number is 2243604. To listen to the call online as a webcast, or to view any fin
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.335 per common share. The current dividend will be payable to common stockholders of record as of the close of business on June 30, 2025. The Company intends to pay the dividend on or about July 15, 2025. About CareTrust REITTM CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality ope
CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust" or the "Company") announced today that, together with a joint venture partner, it has acquired a portfolio of skilled nursing facilities located in the Pacific Northwest for a total purchase price of approximately $146 million, inclusive of transaction costs. The portfolio consists of 10 facilities comprising 911 licensed beds located across Idaho, Oregon and Washington. The acquisition was completed through a joint venture arrangement entered into between CareTrust and a large third-party healthcare real estate owner. At closing, CareTrust provided common equity and preferred equity investments totaling approximately $141 million at an initia
CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust") announced today the closing of a new senior unsecured term loan and the hiring of two talented real estate professionals. These actions further bolster its growth platform and strengthen the Company's long-term prospects at a time of accelerating investment in its healthcare portfolio. New Term Loan The Company closed on an amendment to its existing credit agreement with KeyBank National Association and a syndicate of leading financial institutions to add a new $500 million unsecured term loan (the "Term Loan") to its existing $1.2 billion unsecured revolving credit facility. The Company currently expects to use borrowings under the Term Lo
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
424B5 - CareTrust REIT, Inc. (0001590717) (Filer)
424B5 - CareTrust REIT, Inc. (0001590717) (Filer)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
10-Q - CareTrust REIT, Inc. (0001590717) (Filer)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
SCHEDULE 13G - CareTrust REIT, Inc. (0001590717) (Subject)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Deutsche Bank upgraded CareTrust REIT from Hold to Buy and set a new price target of $31.00
Wedbush downgraded CareTrust REIT from Neutral to Underperform and set a new price target of $26.00 from $34.00 previously
BMO Capital Markets downgraded CareTrust REIT from Outperform to Market Perform and set a new price target of $32.00 from $34.00 previously
Wells Fargo upgraded CareTrust REIT from Equal Weight to Overweight and set a new price target of $34.00 from $28.00 previously
Wedbush initiated coverage of CareTrust REIT with a rating of Neutral and set a new price target of $26.00
Deutsche Bank initiated coverage of CareTrust REIT with a rating of Hold and set a new price target of $23.00
Jefferies initiated coverage of CareTrust REIT with a rating of Buy and set a new price target of $23.00
RBC Capital Mkts upgraded CareTrust REIT from Sector Perform to Outperform and set a new price target of $23.00 from $19.00 previously
BMO Capital Markets upgraded CareTrust REIT from Market Perform to Outperform and set a new price target of $24.00 from $23.50 previously
Berenberg initiated coverage of CareTrust REIT with a rating of Buy and set a new price target of $23.00
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4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
Live Leadership Updates
The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced the appointment of Lauren Beale as Chief Accounting Officer (CAO), effective as of January 1, 2025. Ms. Beale becomes the company's first CAO after serving in different leadership roles since the inception of CareTrust. "On behalf of the Board and all of us at CareTrust, I express our gratitude for the tremendous impact Lauren has had on building the company since the beginning," said Chief Executive Officer, Dave Sedgwick. Bill Wagner, Chief Financial Officer, said, "Lauren's appointment to CAO is the natural result of years of tireless effort to help build CareTrust from scratch." The company also welcomes Tri Tran a
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. "On behalf of the Board and all of us at CareTrust, I express our admiration and gratitude for the tremendous impact Mark has had on building the company since the beginning," said Chief Executive Officer, Dave Sedgwick. "Mark has always been a true partner and friend and we wish him continued success in the
The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) today announced the resignation of Greg Stapley as Executive Chair of the Company's Board of Directors. The Board also announced that Lead Independent Director Diana Laing was appointed to replace Mr. Stapley as Chair of the Board, and Chief Executive Officer David Sedgwick was appointed as a director. Mr. Stapley's resignation from the Board follows his relinquishment of the Chief Executive role last January. As previously announced, Mr. Stapley and his wife have accepted a full-time international volunteer assignment for The Church of Jesus Christ of Latter-day Saints. "As my missionary service in Mexico draws near, I have carefu
SAN CLEMENTE, Calif., March 16, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) today announced that Allen C. Barbieri has retired as a member of its Board of Directors after six years of service, effective March 10, 2022. The Board also announced the appointment of Careina D. Williams to succeed Mr. Barbieri, effective immediately. "We are grateful to Allen for his contributions in shepherding CareTrust from our early days to where we are today," said Greg Stapley, CareTrust's Executive Chairman. Mr. Barbieri served as chairman of both the Nominating & Corporate Governance Committee and the Board's Sustainability & Corporate Responsibility Committee,
SAN CLEMENTE, Calif., Dec. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) today announced the appointment of David Sedgwick as Chief Executive Officer, to be effective as of January 1, 2022. Mr. Sedgwick will succeed founding Chairman and CEO Greg Stapley, who will continue to serve as CareTrust's Executive Chairman during an approximately six-month transition period, following which he and his wife Deborah will commence a three-year, full-time volunteer assignment for The Church of Jesus Christ of Latter-day Saints. The Board also announced that Diana M. Laing has been appointed as Lead Independent Director. Mr. Sedgwick, who has been with CareT
Live finance-specific insights
Conference Call Scheduled for Thursday, August 7, 2025 at 1:00 pm ET CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2025, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $1.1 billion at an estimated stabilized yield of 8.4%, including the acquisition of Care REIT plc; Upsized the credit facility to include a $500 million, 5-year term loan; 12.1 million shares sold under its ATM Program for gross proceeds of $353.9 million; Investment grade rating by Fitch; 99.7% of contractual rent and interest collected; Net income of $68.5 million and net income per share of $0.35; Net Debt
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its second quarter 2025 financial results after the U.S. markets close on Wednesday, August 6, 2025. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day. Conference Call CareTrust REIT invites current and prospective investors to listen to the call on Thursday, August 7, 2025 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The toll-free dial-in number is 1 (800) 715-9871 or toll dial-in number is 1 (646) 307-1963 and the conference ID number is 2243604. To listen to the call online as a webcast, or to view any fin
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.335 per common share. The current dividend will be payable to common stockholders of record as of the close of business on June 30, 2025. The Company intends to pay the dividend on or about July 15, 2025. About CareTrust REITTM CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality ope
CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust" or the "Company") announced today that, together with a joint venture partner, it has acquired a portfolio of skilled nursing facilities located in the Pacific Northwest for a total purchase price of approximately $146 million, inclusive of transaction costs. The portfolio consists of 10 facilities comprising 911 licensed beds located across Idaho, Oregon and Washington. The acquisition was completed through a joint venture arrangement entered into between CareTrust and a large third-party healthcare real estate owner. At closing, CareTrust provided common equity and preferred equity investments totaling approximately $141 million at an initia
Conference Call Scheduled for Friday, May 2, 2025 at 1:00 pm ET CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2025, as well as other recent events. For the quarter, CareTrust REIT reported: Planned acquisition of Care REIT plc; Investments of $47.5 million at an estimated stabilized yield of 10.0%; 0.6 million shares sold under its ATM Program for gross proceeds of $16.0 million; 99.2% of contractual rent and interest collected; Net income of $65.8 million and net income per share of $0.35; Net Debt to Annualized Normalized Run Rate EBITDA of 0.5x; Normalized FFO of $77.8 million and normalized FFO per share of $0.42; Nor
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its first quarter 2025 financial results after the U.S. markets close on Thursday, May 1, 2025. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day. Conference Call CareTrust REIT invites current and prospective investors to listen to the call on Friday, May 2, 2025 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The toll-free dial-in number is 1 (800) 715-9871 or toll dial-in number is 1 (646) 307-1963 and the conference ID number is 2243604. To listen to the call online as a webcast, or to view any financial or oth
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.29 to $0.335 per common share. The current dividend will be payable to common stockholders of record as of the close of business on March 31, 2025. The Company intends to pay the dividend on or about April 15, 2025. Dave Sedgwick, CareTrust's Chief Executive Officer, commented that "An extraordinary year of growth last year results in an extraordinary increase in our dividend this year. Even with the 15.5% increase to our dividend, we expect to maintain a conservative payout ratio while also retaining our least expensive form of capital for future inve
Conference Call Scheduled for Tuesday, March 11, 2025 at 8:00 a.m. EDT CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust") announced today that it has reached an agreement with the board of directors of Care REIT plc (LON: CRT) ("Care REIT") on the terms of a recommended cash offer to be made for the acquisition of Care REIT1 by CR United Bidco Ltd ("Bidco"), a wholly-owned subsidiary of CareTrust (the "Acquisition"). CareTrust has agreed to pay 108 pence in cash per ordinary share of Care REIT. Based on the Sterling to Dollar exchange rate on March 10, 2025, the terms of the acquisition represent a Care REIT market capitalization of US$577 million and, together with the assumption of net debt
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its fourth quarter and full year 2024 financial results after the U.S. markets close on Wednesday, February 12, 2025. Representatives of CareTrust REIT's management team will host a conference call to discuss the results and other current matters the following day. Conference Call CareTrust REIT invites current and prospective investors to listen to the call on Thursday, February 13, 2025 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The toll-free dial-in number is 1 (800) 715-9871 or toll dial-in number is 1 (646) 307-1963 and the conference ID number is 2243604. To listen to the call online as a webcast
CareTrust REIT, Inc. (NYSE:CTRE) reported today the tax status of its 2024 dividends paid to shareholders. Details on the classifications of the dividends are included in the table below: DISTRIBUTIONS ON CARETRUST COMMON STOCK Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Taxable Distribution Per Share Ordinary Dividend Qualified Dividend (Included in Box 1a) Capital Gain Distr. Unrecap. Section 1250 Gain (Included in Box 2a) Non-Dividend Distributions Section 199A Dividend 12/29/23 01/12/24 $ 0.2800
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SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
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SC 13G - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G - CareTrust REIT, Inc. (0001590717) (Subject)