---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-003868"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:39:04.169888+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT Q4 normalized FFO $0.36/sh; guides FY2024 FFO $1.43-$1.45

## Summary
- Q4 net income $26.3M ($0.22/sh); normalized FFO $43.4M ($0.36/sh); normalized FAD $45.4M ($0.37/sh).
- FY2023 net income $53.7M ($0.50/sh); investments $288.1M at 9.8% stabilized yield.
- Q4 collected 100% of contractual rents; full-year 97.7%; Net Debt/EBITDA 1.4x, cash $294M at year-end.
- Post-quarter investments $63.2M at 12.9% yield; investment pipeline ~$250M; new assisted living operator.
- 2024 guidance: net income $1.02-$1.04/sh; normalized FFO $1.43-$1.45/sh; dividend maintained at $0.28/sh quarterly.

## SEC filing metadata
- accession: 0001628280-24-003868
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828024003868/0001628280-24-003868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828024003868/ctre-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-003868
- JSON: https://secwatch.observer/filing/0001628280-24-003868.json
- Plain text: https://secwatch.observer/filing/0001628280-24-003868.txt

## Key facts
- Earnings Releases
  CareTrust REIT, Inc. reported quarter ended December 31, 2023 results: net income 26.3 million, EPS 0.22.
  - Period: quarter ended December 31, 2023
  - Net income: 26.3 million
  - EPS: 0.22
  - Result: reported results
  source text: For the quarter, CareTrust REIT reported: • 100.0% of contractual rents collected, resulting in collections for the year of 97.7%; • Net income of $26.3 million and net income per share of $0.22;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828024003868/0001628280-24-003868-index.htm
- Earnings Releases
  CareTrust REIT, Inc. reported year ended December 31, 2023 results: net income 53.7 million, EPS 0.50.
  - Period: year ended December 31, 2023
  - Net income: 53.7 million
  - EPS: 0.50
  - Result: reported results
  source text: For the year ended December 31, 2023, CareTrust reported net income of $53.7 million, or $0.50 per diluted weighted-average common share,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828024003868/0001628280-24-003868-index.htm
- Earnings Releases
  CareTrust REIT, Inc. reported full fiscal year 2024 results: EPS 1.02 to 1.04. Guidance initiated.
  - Period: full fiscal year 2024
  - EPS: 1.02 to 1.04
  - Guidance: initiated
  - Result: guidance update
  source text: The Company issued guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.02 to $1.04,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828024003868/0001628280-24-003868-index.htm

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