CareTrust REIT(CTRE)

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Is the Options Market Predicting a Spike in CareTrust REIT (CTRE) Stock?
ZACKS· 2024-06-13 12:16
What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, opti ...
CareTrust REIT(CTRE) - 2024 Q1 - Earnings Call Transcript
2024-05-03 19:07
CareTrust REIT, Inc. (NYSE:CTRE) Q1 2024 Results Conference Call May 3, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer Conference Call Participants Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Michael Carroll - RBC Capital Markets Tayo Okusanya - Deutsche Bank Alec Feygin - Baird Austin Wurschmidt - KeyBanc Capital Markets Joe Dickstein - Jefferies Oper ...
CareTrust REIT(CTRE) - 2024 Q1 - Quarterly Results
2024-05-02 20:07
Exhibit 99.1 Conference Call Scheduled for Friday, May 3, 2024 at 1:00 pm ET • Investments of $118.8 million during the quarter and $206.5 million year-to-date at an estimated stabilized yield of 11.1% and 10.5%, respectively, after rent ramps under the applicable leases are completed; • 11.6 million shares sold under its ATM Program for gross proceeds of $273.2 million; • 98.0% of contractual rent and interest collected; • Net income of $28.7 million and net income per share of $0.22; • Net Debt to Annuali ...
CareTrust REIT(CTRE) - 2024 Q1 - Quarterly Report
2024-05-02 20:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Maryland 46-3999490 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36181 CareTrust REIT, Inc. (Exact name of registrant as specified in its charter) (State ...
CareTrust (CTRE) Rewards Shareholders With Dividend Hike
Zacks Investment Research· 2024-03-19 17:55
CareTrust REIT, Inc. (CTRE) announced a 3.6% increase in its quarterly common stock cash dividend to 29 cents per share from 28 cents paid out earlier. The increased dividend will be paid out on Apr 15 to shareholders of record as of Mar 28, 2024.Based on the hiked rate, the annualized dividend comes at $1.16 per share compared with the prior rate of $1.12 per share. At this new rate, the dividend yield is 4.83%, based on the company’s share price of $23.97 on Mar 18, 2024.The latest hike reflects CTRE’s ab ...
CareTrust REIT Raises Quarterly Dividend to $0.29 per Share
Businesswire· 2024-03-18 10:00
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.28 to $0.29 per common share. The current dividend will be payable to common stockholders of record as of the close of business on March 28, 2024 and management affirmed that the company plans to pay the dividend on or about April 15, 2024. Dave Sedgwick, CareTrust’s Chief Executive Officer, commented that “We continue our balan ...
CareTrust (CTRE) Buys Three Nursing Facilities for $55.6 Million
Zacks Investment Research· 2024-03-08 18:05
In an effort to expand its portfolio, CareTrust REIT, Inc. (CTRE) recently acquired two skilled nursing facilities in Houston, Texas, and one nursing facility in Columbia, MO. The company shelled out $55.6 million, inclusive of transaction costs, for this portfolio acquisition, and the transaction was funded with cash on hand.Reflecting positive sentiments, shares of CTRE gained marginally during Wednesday’s regular trading session, though the gains were partially eroded on Thursday due to broader market co ...
CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri
Businesswire· 2024-03-06 11:01
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs. The portfolio, consisting of 210 skilled nursing beds and 24 assisted living units, will be added to CareTrust’s existing master lease with affiliates of PACS Group, Inc., who has been operating the facilities for a third-party landlord. Two of the facilities are located in Houston, Texas and one is locate ...
CareTrust REIT(CTRE) - 2023 Q4 - Earnings Call Transcript
2024-02-09 23:30
CareTrust REIT, Inc. (NYSE:CTRE) Q4 2023 Earnings Conference Call February 9, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President, Controller Dave Sedgwick - President & Chief Executive Officer James Callister - Chief Investment Officer Bill Wagner - Chief Financial Officer Conference Call Participants Connor Siversky - Wells Fargo Jonathan Hughes - Raymond James Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Michael Carroll - RBC Capital Markets Alec F ...
CareTrust REIT(CTRE) - 2023 Q4 - Earnings Call Presentation
2024-02-09 21:07
Lease Maturity Year % of Total Rent —% —% —% 2.7% —% 6.4%2.5% 25.4% 9.2% 10.3% 16.8% —% 7.0% —% 19.7% 202420252026202720282029203020312032203320342035203620372038 13 (dollars in thousands) As of December 31, 2023[1] Financial Supplement Disclaimers Words such as "anticipate," "believe," "could," "expect," "estimate," "intend," "may," "plan," "seek," "should," "will," "would," and similar expressions, or the negative of these terms, are intended to identify such forwardlooking statements, though not all forw ...