---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044098"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:14:27.123151+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT Q3 net income $33.4M; announces $500M Tennessee portfolio acquisition at 9.0% yield

## Summary
- Q3 net income $33.4M ($0.21 EPS); normalized FFO $0.38/sh; normalized FAD $0.39/sh.
- Investments of $440.8M in Q3 at 9.1% yield; year-to-date $916.5M at 9.4% yield.
- Entered contract to acquire 31 skilled nursing facilities in TN for $500M (9.0% yield), close by year-end.
- Sold 17.2M ATM shares for $500.1M; net debt/EBITDA 0.08x; $234M cash; prepaid $200M term loan.
- FY2024 guidance: EPS $0.83-0.84, normalized FFO $1.49-1.50, normalized FAD $1.53-1.54.

## SEC filing metadata
- accession: 0001628280-24-044098
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828024044098/0001628280-24-044098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828024044098/ctre-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044098
- JSON: https://secwatch.observer/filing/0001628280-24-044098.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044098.txt

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