Caretrust Stock Price, News & Analysis

CareTrust REIT (NYSE:CTRE) has announced a public offering of 15,500,000 shares of its common stock. The company will grant underwriters a 30-day option to purchase up to an additional 2,325,000 shares. The net proceeds will be contributed to CTR Partnership, L.P., the company's operating partnership, to fund new investments and repay outstanding borrowings on its revolving credit facility.

The offering is being managed by joint lead book-running managers J.P. Morgan, BofA Securities, and RBC Capital Markets. The offering will be made through a previously filed shelf registration statement with the SEC.

CareTrust REIT (NYSE:CTRE) reported strong Q2 2025 results, highlighted by significant investment activity and portfolio expansion. The company deployed $1.1 billion at an 8.4% stabilized yield, including the strategic acquisition of Care REIT plc marking their entry into the UK market.

Key financial metrics include net income of $68.5 million ($0.35 per share), normalized FFO and FAD of $83.1 million ($0.43 per share), and a quarterly dividend of $0.335 per share. The company maintained a conservative leverage ratio of 2.0x while raising $353.9 million through ATM share sales.

CareTrust increased its 2025 guidance, projecting normalized FFO of $1.77-$1.79 per share, and has a robust investment pipeline of approximately $600 million.

CareTrust REIT (NYSE:CTRE), a healthcare-focused real estate investment trust, has scheduled its second quarter 2025 financial results release for Wednesday, August 6, 2025, after U.S. markets close. The company will host a conference call to discuss the results on Thursday, August 7, 2025, at 1:00 p.m. Eastern Time.

Investors can access the call via toll-free number 1 (800) 715-9871 or toll number 1 (646) 307-1963 with conference ID 2243604. A webcast will be available on the company's investor relations website, with a replay accessible for approximately 30 days following the call.

CareTrust REIT (NYSE:CTRE), a healthcare-focused real estate investment trust, has declared a quarterly cash dividend of $0.335 per common share. The dividend will be paid around July 15, 2025, to stockholders of record as of June 30, 2025. CareTrust REIT specializes in owning, acquiring, developing, and leasing healthcare properties, particularly skilled nursing and seniors housing facilities. The company maintains a nationwide portfolio of long-term net-leased properties and is actively pursuing growth opportunities both domestically and internationally through external acquisitions and organic growth.

CareTrust REIT (NYSE:CTRE) has secured a new $500 million unsecured term loan, expanding its existing $1.2 billion credit facility. The term loan, maturing in May 2030, includes an accordion feature allowing up to $800 million in additional borrowing capacity. The company plans to use the funds to pay off its $475 million revolver balance, fund acquisitions, and support general corporate purposes. Additionally, CareTrust announced two strategic hires: Roger Laty as SVP of Tax, bringing 30 years of real estate tax expertise, and Derek Bunker as SVP of Strategy and Investor Relations, with extensive healthcare services experience. These moves strengthen CareTrust's position for continued growth in its healthcare portfolio across the US and UK markets.

CareTrust REIT (NYSE:CTRE) has acquired a portfolio of 10 skilled nursing facilities in the Pacific Northwest for approximately $146 million through a joint venture arrangement. The portfolio includes 911 licensed beds across Idaho, Oregon, and Washington. CareTrust invested approximately $141 million in common and preferred equity at an initial yield of 9.0%. The acquisition was funded through cash and credit line draws, bringing the revolver balance to $475 million. The facilities are leased to two existing tenants under 15-year triple-net leases with extension options and annual escalators. This transaction brings CareTrust's 2025 investment total to $1.1 billion, following a strong 2024 where they deployed over $1.5 billion in investments. The company continues to expand its portfolio in both US and UK markets following the recent Care REIT acquisition in May.

CareTrust REIT (NYSE:CTRE) has received an upgrade to its investment grade rating from Fitch Ratings to BBB- with a stable outlook. The upgrade reflects the company's success in strengthening its portfolio and balance sheet while deploying $2.5 billion in capital over the past 18 months across seniors housing, skilled nursing, and UK care home investments.

CEO Dave Sedgwick highlighted this achievement as validation of the company's progress in building portfolio resilience and maintaining financial discipline. CareTrust REIT, a self-administered real estate investment trust, specializes in healthcare-related properties with a portfolio of long-term net-leased properties across the United States and United Kingdom.

CareTrust REIT (NYSE: CTRE) has announced its participation in Nareit's REITweek 2025 Investor Conference, scheduled for June 2-5, 2025, in New York. The company will make its presentation materials available on its investor relations website under the "Events and Presentations" section.

CareTrust REIT is a self-administered real estate investment trust specializing in healthcare-related properties, including skilled nursing and seniors housing facilities. The company maintains a portfolio of long-term net-leased properties across the United States and United Kingdom, actively pursuing growth opportunities in both markets through external acquisitions and organic expansion.

CareTrust REIT (NYSE:CTRE) has completed its acquisition of Care REIT plc, marking its entry into the UK healthcare real estate market. The $840.5 million transaction adds 132 care homes with 7,500 beds and two NHS-leased healthcare facilities across England, Scotland, and Northern Ireland. The properties feature long-term triple-net leases with a 20.2-year weighted average remaining lease term and inflation-based rent escalators. The acquisition will add $68.6 million in annualized rental revenue with a strong 2.2x EBITDARM coverage ratio. Management updated 2025 guidance, projecting normalized FFO of $1.75-$1.78 per share. The company expects $5 million in annual synergies post-integration, making the deal 9.4% accretive to normalized FFO per share. The transaction will be financed through cash, credit facility, and a new $500 million unsecured term loan.