Highest-materiality recent filing
CareTrust REIT closes $503M forward equity offering of 12.5M shares
Offering of 12.5M firm shares at $40.225 per share to underwriters; closing on May 20, 2026.
Q1 net income $80.2M ($0.36 diluted EPS); Normalized FFO $107.4M ($0.48/share, +14% YoY).
CareTrust REIT Q4 net income up 72% YoY to $0.50 EPS; 2026 FFO guide $1.90-1.95
Q4 net income $111.3M ($0.50 diluted EPS), up 72% YoY; FY net income $320.5M ($1.57), up 96%.
CareTrust Q3 net income $74.9M +67%; normalized FFO $0.45; guidance updated
Net income $74.9M ($0.35 diluted EPS) up 67% YoY; normalized FFO $0.45 (+18%); normalized FAD $0.44 (+13%).
CareTrust REIT closes 23M-share common stock offering at $32.00, gross proceeds ~$736M
Underwritten public offering of 20,000,000 firm shares plus 3,000,000 option shares at $32.00 per share.
CareTrust REIT Q2 net income $68.5M; normalized FFO $0.43/sh; guidance raised
Investments of $1.1B at 8.4% stabilized yield including acquisition of Care REIT plc.
CareTrust REIT adds $500M unsecured term loan facility, extends liquidity
Added $500M unsecured term loan facility maturing May 30, 2030, alongside existing $1.2B revolver.
CareTrust closes acquisition of Care REIT plc for ~$840.5M total consideration
Target shareholders receive 108 pence per share (~$595.4M cash); plus assumption of ~$245.1M net debt.
CareTrust REIT Q1 normalized FFO $0.42; raises 2025 guidance; plans $856M Care REIT plc acquisition
Net income $65.8M ($0.35/sh); normalized FFO $0.42/sh; normalized FAD $0.43/sh.
CareTrust REIT's acquisition of Care REIT plc receives target shareholder approval
Care REIT plc shareholders approved the Scheme on April 29, 2025.
CareTrust REIT to acquire Care REIT plc for $817M total enterprise value
Offer of 108 pence/share cash; 32.8% premium to Care REIT's March 10 closing price.
Q4 investments $696.5M at 9.9% stabilized yield; pipeline ~$325M; post-quarter investments $26.8M at 10.6%.
CareTrust REIT doubles unsecured revolver to $1.2B; S&P upgrades notes to BBB-
New $1.2B unsecured revolver (doubled from prior) matures Feb 2029, with two 6-month extension options.
CareTrust REIT raises $507.8M in public offering of 15.87M shares at $32/share
Offered 13.8M firm shares plus fully exercised 2.07M option shares for total 15.87M shares.
CareTrust REIT Q3 net income $33.4M; announces $500M Tennessee portfolio acquisition at 9.0% yield
Q3 net income $33.4M ($0.21 EPS); normalized FFO $0.38/sh; normalized FAD $0.39/sh.
CareTrust REIT JV agrees to acquire $500M skilled nursing portfolio; total pipeline $700M
31 facilities (3,290 beds) in Tennessee and Alabama; expected to close Q4 2024 in two phases.
CareTrust REIT establishes new $750M ATM equity program, replaces prior program
New equity distribution agreement allows issuance of up to $750M in common stock through at-the-market sales.
CareTrust REIT Q2 normalized FFO $0.36; YTD investments $764.5M at 9.5% yield
Net income $10.8M ($0.07 EPS); normalized FFO $52.5M ($0.36/share); normalized FAD $54.0M ($0.37/share).
CareTrust REIT enters $500M ATM equity distribution program, replacing prior program
New Equity Distribution Agreement allows sale of up to $500M in common stock through multiple agents and forward sellers.
CareTrust REIT Q1 net income $0.22/sh; normalized FFO $0.35/sh; dividend raised 3.6% to $0.29
Q1 net income $28.7M ($0.22/sh); normalized FFO $0.35/sh; normalized FAD $0.37/sh.
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.
Max materiality 0.90 · Median 0.70 · Most common event other_material