CareTrust REIT, Inc. reported first quarter ended March 31, 2026 results: net income Net income of $80.2 million, EPS net income per diluted weighted average share of $0.36. Guidance raised.
“Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2026, as well as other recent events. For the quarter, CareTrust reported: • Net income of $80.2 million and net income per diluted weighted average share of $0.36, an increase of $0.01, or 3%, over the prior year quarter; • Normalized FFO of $107.4 million and Normalized FFO per”
Material Agreements
CareTrust REIT, Inc. entered into Equity Distribution Agreement with BMO Capital Markets Corp., BofA Securities, Inc., Huntington Securities, Inc., Jeffries LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., M&T Securities, Inc., Raymond James & Associates, Inc., RBC Capital Markets, LLC, Regions Securities LLC, Robert W. Baird & Co. Incorporated, Wells F valued at up to $1,000,000,000 (effective 2026-02-17).
“On February 17, 2026, CareTrust REIT, Inc. (the “Company”) and CTR Partnership, L.P. (the “Operating Partnership”) entered into a new equity distribution agreement (the “Equity Distribution Agreement”) with (i) BMO Capital Markets Corp., BofA Securities, Inc., Huntington Securities, Inc., Jeffries LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., M&T Securities, Inc., Raymond James & Associates, Inc., RBC Capital Markets, LLC, Regions Securities LLC, Robert W. Baird & Co. Incorporated and Wells Fargo Securities, LLC, each as sales agent and/or principal and/or forward seller (in any such capacity, each a “Sales Agent” and collectively, the “Sales Agents”) and (ii) Bank of Montreal, Bank of America, N.A., Huntington Securities, Inc., Jeffries LLC, JPMorgan Chase Bank, National Association, KeyBanc Capital Markets Inc., Raymond James & Associates, Inc., Regions Securities LLC, Royal Bank of Canada, Robert W. Baird & Co. Incorporated and Wells Fargo Bank, National Association”
Governance Changes
CareTrust REIT, Inc.: Amended and restated bylaws to update advance notice provisions for universal proxy rules, clarify nomination limitations, and make conforming/technical changes (effective 2025-10-21).
“On October 21, 2025 , the Board approved an amendment and restatement of the Company’s Amended and Restated Bylaws (as so amended and restated, the “Bylaws”), which became effective immediately.”
Lauren Beale was appointed as Senior Vice President, Chief Accounting Officer at CareTrust REIT, Inc..
“The Board of Directors of CareTrust REIT, Inc., a Maryland corporation (the “Company”), promoted Lauren Beale to the position of Senior Vice President, Chief Accounting Officer of the Company effective as of January 1, 2025, to serve until her successor is duly elected and qualifies.”
Earnings Releases
CareTrust REIT, Inc. reported quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FAD per share of $0.37.
“Normalized FAD of $48.7 million and normalized FAD per share of $0.37;”
Earnings Releases
CareTrust REIT, Inc. reported full year 2024 results: EPS net income of approximately $1.01 to $1.03. Guidance reaffirmed.
“The Company updated guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.01 to $1.03, normalized FFO of approximately $1.42 to $1.44, and normalized FAD of approximately $1.46 to $1.48.”
Earnings Releases
CareTrust REIT, Inc. reported first quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FFO per share of $0.35.
“For the quarter, CareTrust REIT reported: • Investments of $118.8 million during the quarter and $206.5 million year-to-date at an estimated stabilized yield of 11.1% and 10.5%, respectively, after rent ramps under the applicable leases are completed; • 11.6 million shares sold under its ATM Program for gross proceeds of $273.2 million; • 98.0% of contractual rent and interest collected; • Net income of $28.7 million and net income per share of $0.22;”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm at the 2024-04-25 meeting.
“Auditor Ratification For Against Abstain 122,429,850 336,961 69,159”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Advisory Approval of Named Executive Officer Compensation at the 2024-04-25 meeting.
“Advisory Approval of Named Executive Officer Compensation For Against Abstain Broker Non-Votes 104,322,253 3,717,874 117,688 14,678,155”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Election of Directors at the 2024-04-25 meeting.
“Election of Directors For Against Abstain Broker Non-Votes Diana M. Laing 104,331,000 3,777,892 48,923 14,678,155 Anne Olson 106,678,179 1,430,502 49,134 14,678,155 Spencer G. Plumb 106,687,687 1,417,756 52,372 14,678,155 David M. Sedgwick 107,716,692 387,968 53,155 14,678,155 Careina D. Williams 106,007,248 2,099,822 50,745 14,678,155”
Earnings Releases
CareTrust REIT, Inc. reported full fiscal year 2024 results: EPS 1.02 to 1.04. Guidance initiated.
“The Company issued guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.02 to $1.04,”
Earnings Releases
CareTrust REIT, Inc. reported year ended December 31, 2023 results: net income 53.7 million, EPS 0.50.
“For the year ended December 31, 2023, CareTrust reported net income of $53.7 million, or $0.50 per diluted weighted-average common share,”
Earnings Releases
CareTrust REIT, Inc. reported quarter ended December 31, 2023 results: net income 26.3 million, EPS 0.22.
“For the quarter, CareTrust REIT reported: • 100.0% of contractual rents collected, resulting in collections for the year of 97.7%; • Net income of $26.3 million and net income per share of $0.22;”
Earnings Releases
CareTrust REIT, Inc. reported quarter ended June 30, 2023 results: net income Net loss of $0.5 million, EPS net loss per share of $0.01.
“CareTrust REIT, Inc. (the "Company") issued a press release announcing its financial results for the second quarter ended June 30, 2023”
Earnings Releases
CareTrust REIT, Inc. reported first quarter ended March 31, 2023 results: net income $19.2 million, EPS $0.19.
“Chief Financial Officer, Bill Wagner, reported that, for the first quarter, CareTrust reported net income of $19.2 million, or $0.19 per diluted weighted-average common share”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2023 at the 2023-04-27 meeting.
“Auditor Ratification For Against Abstain 89,929,825 150,984 69,168”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Advisory approval of the frequency of future advisory votes on named executive officer compensation at the 2023-04-27 meeting.
“Advisory Approval of the Frequency of Future Advisory Votes on Named Executive Officer Compensation One Year Two Years Three Years Abstain 79,411,160 54,417 2,147,752 66,958”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Advisory approval of named executive officer compensation at the 2023-04-27 meeting.
“Advisory Approval of Named Executive Officer Compensation For Against Abstain Broker Non-Votes 79,392,654 2,160,510 127,123 8,469,690”
Shareholder Votes
CareTrust REIT, Inc. shareholders approved Election of the five nominees to the Board of Directors at the 2023-04-27 meeting.
“Election of Directors For Against Abstain Broker Non-Votes Diana M. Laing 74,631,612 6,999,660 49,015 8,469,690 Anne Olson 80,875,411 754,850 50,026 8,469,690 Spencer G. Plumb 80,449,579 1,179,100 51,608 8,469,690 David M. Sedgwick 81,139,728 490,622 49,937 8,469,690 Careina D. Williams 80,539,363 1,093,630 47,294 8,469,690”
Earnings Releases
CareTrust REIT, Inc. reported the year ended December 31, 2022 results: net income net loss of $7.5 million, or $0.08 loss per diluted weighted-average common share, EPS $0.08 loss per diluted weighted-average common share.
“On February 9, 2023, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2022.”
Earnings Releases
CareTrust REIT, Inc. reported the fourth quarter ended December 31, 2022 results: net income Net income of $14.4 million and net income per share of $0.15, EPS $0.15 per diluted weighted-average common share.
“On February 9, 2023, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2022.”
Material Agreements
CareTrust REIT, Inc. amended Credit Agreement with KeyBank National Association and the lenders party thereto valued at $600.0 million and $200.0 million (effective 2022-12-16).
“On December 16, 2022, CTR Partnership, L.P. (the “Operating Partnership”), as the borrower, CareTrust REIT, Inc. (the “Company”), as guarantor, CareTrust GP, LLC, and certain of the Operating Partnership’s wholly owned subsidiaries entered into a second amended and restated credit and guaranty agreement with KeyBank National Association, as administrative agent, an issuing bank and swingline lender, and the lenders party thereto (the “Credit Agreement”).”
Mark D. Lamb resigned as Chief Investment Officer at CareTrust REIT, Inc..
“On November 21, 2022, Mark D. Lamb, a named executive officer, notified CareTrust REIT, Inc. (the “Company”) of his resignation as Chief Investment Officer of the Company, effective December 31, 2022.”
Earnings Releases
CareTrust REIT, Inc. reported third quarter ended September 30, 2022 results: net income $0.7 million, EPS $0.01.
“On November 8, 2022, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2022.”
Diana Laing was appointed as independent Chair of the Board at CareTrust REIT, Inc..
“Also on June 28, 2022 and in connection with the appointment of Mr. Sedgwick to the Board, Diana Laing, current Lead Independent Director of the Board, was appointed to serve as independent Chair of the Board, effective immediately following Mr. Stapley’s resignation from the Board on June 28, 2022, and ceased serving as Lead Independent Director on that date.”
David Sedgwick was appointed as Director at CareTrust REIT, Inc..
“On June 28, 2022, the Board appointed David Sedgwick, the Company’s current President and Chief Executive Officer, to the Board, effective immediately following Mr. Stapley’s resignation from the Board on June 28, 2022.”
Greg Stapley resigned as Executive Chairman at CareTrust REIT, Inc..
“On June 27, 2022, Greg Stapley, former Chief Executive Officer and current Executive Chairman of the Board of Directors (the “Board”) of CareTrust REIT, Inc. (the “Company”), resigned as a member of the Board, effective June 28, 2022.”
Careina D. Williams was appointed as Director at CareTrust REIT, Inc..
“On March 14, 2022, the Board of Directors unanimously appointed Ms. Careina D. Williams to the Board of Directors, effective immediately.”
Allen Barbieri resigned as Director at CareTrust REIT, Inc..
“On March 10, 2022, Allen Barbieri notified CareTrust REIT, Inc. (the “Company”) in writing of his decision to resign as a member of the Company’s Board of Directors, effective immediately.”
Diana M. Laing was appointed as Lead Independent Director at CareTrust REIT, Inc..
“On December 9, 2021, the Board of Directors appointed Diana M. Laing as Lead Independent Director.”
David Sedgwick was appointed as Chief Executive Officer at CareTrust REIT, Inc..
“Also on December 9, 2021, the Board of Directors of the Company appointed David Sedgwick, the Company’s current President and Chief Operating Officer, as CEO, effective January 1, 2022.”
Greg Stapley resigned as Executive Chairman at CareTrust REIT, Inc..
“On December 9, 2021, Greg Stapley notified CareTrust REIT, Inc. (the “Company”) of his resignation as Chief Executive Officer (“CEO”) of the Company, effective January 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.