secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001628280-25-021529
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT Q1 normalized FFO $0.42; raises 2025 guidance; plans $856M Care REIT plc acquisition
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- Net income $65.8M ($0.35/sh); normalized FFO $0.42/sh; normalized FAD $0.43/sh.
- Quarterly dividend increased to $0.335/sh from $0.29; payout ratio ~78% on normalized FAD.
- Planned acquisition of Care REIT plc for ~$856M (108p/share); shareholder approved, close expected May 9, 2025.
- 2025 guidance raised: normalized FFO $1.69-$1.73 per diluted share, net income $1.36-$1.40.
- Post-quarter: $34.7M investments at 10% yield; sold 3.4M shares for $99.5M; paid down credit line $50M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000162828025021529/0001628280-25-021529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000162828025021529/ctre-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-021529

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer