---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-034248"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:28:01.507010+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT Q2 normalized FFO $0.36; YTD investments $764.5M at 9.5% yield

## Summary
- Net income $10.8M ($0.07 EPS); normalized FFO $52.5M ($0.36/share); normalized FAD $54.0M ($0.37/share).
- Q2 investments $267.7M at 9.9% stabilized yield; YTD $764.5M at 9.5% yield; pipeline ~$270M.
- ATM sold 12.1M shares for $306.5M gross; net debt-to-EBITDA 0.4x; $100M cash, $600M undrawn credit line.
- 2024 guidance: normalized FFO $1.46-$1.48; normalized FAD $1.50-$1.52 per diluted share (146.9M shares).
- Quarterly dividend maintained at $0.29/share; payout ratio ~78% of normalized FAD.

## SEC filing metadata
- accession: 0001628280-24-034248
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2024-08-02T23:59:59+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/1590717/000162828024034248/0001628280-24-034248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828024034248/ctre-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-034248
- JSON: https://secwatch.observer/filing/0001628280-24-034248.json
- Plain text: https://secwatch.observer/filing/0001628280-24-034248.txt

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