secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032150
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT Q1 Normalized FFO $0.48 (+14% YoY); 2026 guidance raised; $1.1B investments YTD at 8.9% yield
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- Q1 net income $80.2M ($0.36 diluted EPS); Normalized FFO $107.4M ($0.48/share, +14% YoY).
- Closed $245.1M investments in Q1 at 8.8% yield; since quarter end, closed additional $864.1M at 8.9% yield.
- 2026 guidance raised: Normalized FFO $2.00–$2.04 per share (midpoint +14.8% vs 2025); Normalized FAD $1.98–$2.02.
- Quarterly dividend increased to $0.39/share (+16.4% YoY); payout ratio ~81% of Normalized FAD.
- Net Debt to Annualized Normalized Run Rate EBITDA 0.6x; Moody's upgraded to investment grade.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000162828026032150/0001628280-26-032150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000162828026032150/ctre-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032150

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