---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028910"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:36:46.493843+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT Q3 normalized FFO $0.37/share, net income $0.7M, dividend $0.275 maintained

## Summary
- Net income $0.7M ($0.01 EPS); normalized FFO $36.1M ($0.37/share); normalized FAD $38.0M ($0.39/share).
- Collected 93.4% of contractual rents; SNF occupancy +53 bps, seniors housing occupancy +131 bps QoQ.
- Sold Trio SNF portfolio for $52M; funded $47.2M in B-piece financings on two SNF portfolios.
- Net debt-to-EBITDA 4.2x; $195M drawn on $600M revolver; $19M cash; $476.5M ATM authorization remaining.
- Quarterly dividend of $0.275/share declared; payout ratio 71% on normalized FAD.

## SEC filing metadata
- accession: 0001628280-22-028910
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828022028910/0001628280-22-028910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828022028910/ctre-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028910
- JSON: https://secwatch.observer/filing/0001628280-22-028910.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028910.txt

## Key facts
- Earnings Releases
  CareTrust REIT, Inc. reported third quarter ended September 30, 2022 results: net income $0.7 million, EPS $0.01.
  - Period: third quarter ended September 30, 2022
  - Net income: $0.7 million
  - EPS: $0.01
  - Result: reported results
  source text: On November 8, 2022, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828022028910/0001628280-22-028910-index.htm

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