secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001628280-25-005119
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT Q4 net income $52.1M ($0.29 EPS); normalized FFO $0.40/share; guides 2025 FFO $1.68-1.72
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- Q4 investments $696.5M at 9.9% stabilized yield; pipeline ~$325M; post-quarter investments $26.8M at 10.6%.
- Sold 15.9M shares at $32 for $507.8M gross; upsized credit line to $1.2B; new $750M ATM available.
- FY2024 normalized FFO $232.9M ($1.50/share); normalized FAD $238.8M ($1.54/share).
- 2025 guidance: net income $1.35-1.39, normalized FFO $1.68-1.72, normalized FAD $1.72-1.76 per share.
- Quarterly dividend maintained at $0.29/share (71% payout on normalized FAD); agency upgraded unsecured notes to investment grade.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000162828025005119/0001628280-25-005119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000162828025005119/ctre-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005119

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