{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-020001","form_type":"8-K","ticker":"CTRE","cik":"0001590717","company_name":"CareTrust REIT, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.119143+00:00","generated_at":"2026-06-03T00:29:43.802887+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CareTrust REIT Q1 net income $0.22/sh; normalized FFO $0.35/sh; dividend raised 3.6% to $0.29","bullets":["Q1 net income $28.7M ($0.22/sh); normalized FFO $0.35/sh; normalized FAD $0.37/sh.","Invested $118.8M in Q1 ($206.5M YTD) at est. stabilized yields 11.1%/10.5%; pipeline $260M.","Quarterly dividend raised 3.6% to $0.29/sh; payout ratio 78% on normalized FAD.","Sold 11.6M shares via ATM for gross $273.2M; net debt/EBITDA 0.6x; $345M cash; no revolver borrowings.","2024 guidance: net income $1.01-$1.03/sh; normalized FFO $1.42-$1.44/sh; normalized FAD $1.46-$1.48/sh."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-020001","json":"https://secwatch.observer/filing/0001628280-24-020001.json","markdown":"https://secwatch.observer/filing/0001628280-24-020001.md","text":"https://secwatch.observer/filing/0001628280-24-020001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/0001628280-24-020001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/ctre-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:29:43.802887+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a048f44c0ddf951939a902322f8a7d7a92a5b95","claim":"CareTrust REIT, Inc. reported first quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FFO per share of $0.35.","evidence_excerpt":"For the quarter, CareTrust REIT reported: • 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;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/0001628280-24-020001-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"net income of $28.7 million"},{"label":"EPS","value":"normalized FFO per share of $0.35"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4a048f44c0ddf951939a902322f8a7d7a92a5b95","claim":"CareTrust REIT, Inc. reported first quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FFO per share of $0.35.","evidence_excerpt":"CareTrust reported net income of $28.7 million, or $0.22 per diluted weighted-average common share, normalized FFO of $46.5 million, or $0.35 per diluted weighted-average common share, and normalized FAD of $48.7 million, or $0.37 per diluted weighted-average common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/0001628280-24-020001-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"net income of $28.7 million"},{"label":"EPS","value":"normalized FFO per share of $0.35"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e084fb9d7995dfbe9bb8f08f7a227080d8def774","claim":"CareTrust REIT, Inc. reported full year 2024 results: EPS net income of approximately $1.01 to $1.03. Guidance reaffirmed.","evidence_excerpt":"The Company updated guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.01 to $1.03, normalized FFO of approximately $1.42 to $1.44, and normalized FAD of approximately $1.46 to $1.48.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/0001628280-24-020001-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2024"},{"label":"EPS","value":"net income of approximately $1.01 to $1.03"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f799e249c032a1142ae9cf42d513c52d975cf362","claim":"CareTrust REIT, Inc. reported quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FAD per share of $0.37.","evidence_excerpt":"Normalized FAD of $48.7 million and normalized FAD per share of $0.37;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590717/000162828024020001/0001628280-24-020001-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2024"},{"label":"Net income","value":"net income of $28.7 million"},{"label":"EPS","value":"normalized FAD per share of $0.37"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}