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CareTrust REIT, Inc. CTRE

Listed / Traded Health Care NYSE Mgmt:

CareTrust REIT, Inc. operates as a self-managed, publicly traded real estate investment trust. The company specializes in the ownership, acquisition, development, and leasing of various healthcare properties, including skilled nursing facilities, seniors' housing complexes, and other related medical real estate. It maintains a broad, nationwide portfolio of assets, all under long-term net lease agreements with an expanding group of reputable operators. CareTrust REIT is actively pursuing strategic growth across the United States, leveraging both external investments and organic expansion opportunities.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-12 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$42.45
Market cap
$10.03B
Enterprise value
$10.70B
Dividend yieldi
3.67%
Annual dividendi
$1.56
Frequency
Quarterly
FFO / sharei
$0.48 · Q1 2026
Normalized FAD / sharei
$0.48 · Q1 2026
Net debt / EBITDAi
0.60x · Adj. EBITDA
Op. cash flow / sharei
$1.93
Price / OCFi
21.99
Payout (% of OCF)i
80.80%
Debt / book capitali
17.80%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Normalized FAD / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

235shares (~$42.45 each)
$367est. dividends / year
$31≈ per month
3.67%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model CTRE yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$894.22M
Cash
$198.04M
Net debt / EBITDAi
1.36x
Debt / book capitali
17.80%
Total assets
$5.15B
Total equity
$4.04B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $476.59M $320.54M $93.08M $462.08M $394.03M
2024 $228.26M $125.08M $56.83M $211.54M $244.25M
2023 $198.60M $53.73M $51.20M $145.80M $154.77M
2022 $187.51M $-7.51M $50.38M $72.88M $144.41M
2021 $190.19M $71.98M $55.39M $151.05M $156.87M
2020 $175.69M $80.87M $52.82M $157.35M $145.74M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-06-16$0.39Quarterly
2026-03-312026-03-312026-04-15 2026-03-13$0.39Quarterly
2025-12-312025-12-312026-01-15 2025-12-16$0.34Quarterly
2025-09-302025-09-302025-10-15 2025-09-15$0.34Quarterly
2025-06-302025-06-302025-07-15 2025-06-16$0.34Quarterly
2025-03-312025-03-312025-04-15 2025-03-18$0.34Quarterly
2024-12-312024-12-312025-01-15 2024-12-16$0.29Quarterly
2024-09-302024-09-302024-10-15 2024-09-16$0.29Quarterly
2024-06-282024-06-282024-07-15 2024-06-17$0.29Quarterly
2024-03-272024-03-282024-04-15 2024-03-18$0.29Quarterly
2023-12-282023-12-292024-01-12 2023-12-18$0.28Quarterly
2023-09-282023-09-292023-10-13 2023-09-15$0.28Quarterly
2023-06-292023-06-302023-07-14 2023-06-20$0.28Quarterly
2023-03-302023-03-312023-04-14 2023-03-20$0.28Quarterly
2022-12-292022-12-302023-01-13 2022-12-16$0.28Quarterly
2022-09-292022-09-302022-10-14 2022-09-15$0.28Quarterly
2022-06-292022-06-302022-07-15 2022-06-17$0.28Quarterly
2022-03-302022-03-312022-04-15 2022-03-15$0.28Quarterly
2021-12-302021-12-312022-01-15 2021-12-15$0.27Quarterly
2021-09-292021-09-302021-10-15 2021-09-15$0.27Quarterly
2021-06-292021-06-302021-07-15 2021-06-16$0.27Quarterly
2021-03-302021-03-312021-04-15 2021-03-15$0.27Quarterly
2020-12-302020-12-312021-01-15 2020-12-17$0.25Quarterly
2020-09-292020-09-302020-10-15 2020-09-15$0.25Quarterly

Coverage (payout of operating cash flow): 80.80%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — CTRE

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

Other Health Care REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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