---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-012641"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:41:49.848613+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CareTrust Q1 net loss $43.3M on $59.7M impairments; normalized FFO up 5.2%

## Summary
- Net loss of $43.3M ($0.45 diluted loss) due to $59.7M impairments on assets held for sale.
- Normalized FFO $35.9M ($0.37/diluted share), up 5.2% YoY; normalized FAD $37.9M ($0.39/share).
- Quarterly dividend increased to $0.275/share (71% normalized FAD payout ratio).
- Acquired two skilled nursing facilities for $22M total; added $2.06M annual rent.
- No 2022 guidance issued; management cites need for visibility on dispositions and re-tenanting.

## SEC filing metadata
- accession: 0001628280-22-012641
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828022012641/0001628280-22-012641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828022012641/ctre-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-012641
- JSON: https://secwatch.observer/filing/0001628280-22-012641.json
- Plain text: https://secwatch.observer/filing/0001628280-22-012641.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.