YOLFTbeta
CareTrust REIT Inc.

CareTrust REIT Inc.

CTRE · NYSE · Real Estate / REIT - Healthcare Facilities

38.07USD-0.08 (-0.21%)

Price History

Full chart

Market Stats

Previous Close38.15
Open38.36
Day Range37.87 – 38.50
52-Week Range31.84 – 43.62
Volume2.95M
Market Cap8.82B
P/E (TTM)23.32
Forward P/E21.32
EPS1.60
Dividend Yield4.20%
Beta0.79
50-Day Avg40.00
200-Day Avg39.05

About

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the US and internationally. CareTrust REIT, Inc. was established in 2013 and was incorporated in Maryland.

Company Details

  • SectorReal Estate
  • IndustryREIT - Healthcare Facilities
  • CEOMr. David Matthew Sedgwick
  • Employees43
  • Headquarters24901 Dana Point Harbor Drive, Dana Point, CA, United States, 92629, USA
  • Websitehttps://www.caretrustreit.com

Leadership

  • Mr. David Matthew SedgwickCEO, President & Director · b. 1976
  • Mr. James Barton CallisterChief Investment Officer & Secretary · b. 1975
  • Mr. Derek Jonathon BunkerCFO & Treasurer · b. 1988
  • Ms. Lauren BealeSenior VP & Chief Accounting Officer
  • Mr. Joe LayneSenior Vice President of Corporate Counsel
  • Mr. Eric GillisSenior Vice President of Asset Management
  • Mr. Tri TranSenior VP of Investments
  • Mr. Roger E. Laty CPASenior Vice President of Tax
  • Mr. Kyle BennionSenior Vice President of Investments & Transactions Counsel
  • Mr. Rory WilliamsSenior Vice President of Portfolio Management

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue42.06M48.80M58.84M73.99M103.94M131.12M155.38M159.06M175.69M190.19M187.51M198.60M228.26M476.59M
Growth (%)-+16.01%+20.59%+25.74%+40.49%+26.14%+18.50%+2.37%+10.46%+8.26%-1.41%+5.92%+14.94%+108.79%
Cost of Revenue6.54M7.31M7.20M7.87M10.39M12.99M14.89M5.95M4.71M3.57M9.37M9.59M13.55M194.80M
Gross Profit35.52M41.49M51.64M66.11M93.55M118.13M140.49M153.11M170.98M186.62M178.13M189.01M214.71M281.79M
Gross Margin84.44%85.03%87.77%89.36%90.00%90.09%90.42%96.26%97.32%98.12%95.00%95.17%94.06%59.13%
Operating Expense22.89M28.86M34.10M31.79M41.26M60.69M58.32M68.06M69.06M82.21M74.33M73.00M90.65M-38.35M
Operating Income12.63M12.63M17.54M34.33M52.28M57.44M82.17M85.05M101.92M104.41M103.81M116.00M124.06M320.14M
Operating Margin30.02%25.88%29.81%46.39%50.30%43.81%52.88%53.47%58.01%54.89%55.36%58.41%54.35%67.17%
EBITDA33.73M36.05M23.00M24.13M85.00M98.48M129.51M126.35M157.35M151.05M72.88M145.80M211.54M462.08M
EBITDA Margin80.19%73.87%39.09%32.62%81.78%75.11%83.36%79.44%89.56%79.42%38.87%73.42%92.67%96.96%
Net Income110.00K-395.00K-8.14M10.03M29.35M25.87M57.92M46.36M80.87M71.98M-7.51M53.73M125.08M320.54M
Net Income Margin0.26%-0.81%-13.84%13.56%28.24%19.73%37.28%29.15%46.03%37.85%-4.00%27.06%54.80%67.26%
R&D--000.280.270.370.280.450.370.040.25--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense12.21M12.65M21.62M24.05M22.87M24.20M27.86M28.13M23.66M23.68M30.01M40.88M30.31M43.71M
Interest Expense % of Total Revenue29.02%25.92%36.75%32.50%22.01%18.45%17.93%17.68%13.47%12.45%16.00%20.59%13.28%9.17%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--398.98M430.47M482.57M673.17M925.36M1.18B1.29B1.52B1.50B1.64B1.62B2.08B3.44B5.15B
Total Liabilities--214.43M267.78M369.11M410.88M472.93M590.37M523.51M591.27M589.42M725.09M771.41M666.12M507.63M1.09B
Total Equity--184.55M162.69M113.46M262.29M452.43M594.62M768.25M927.59M914.14M915.76M849.37M1.42B2.91B4.04B
Cash--735.00K895.00K25.32M11.47M7.50M6.91M36.79M20.33M18.92M19.89M13.18M294.45M213.82M198.04M
Total Debt--207.69M259.31M358.20M393.90M449.72M558.91M489.76M554.62M545.59M673.40M719.50M595.60M396.93M894.22M
Net Debt--206.96M258.41M332.88M382.44M442.22M552.00M452.97M534.30M526.67M653.50M706.32M301.15M183.10M696.18M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow24.14M26.63M21.91M40.25M64.43M88.80M99.36M126.30M145.74M156.87M144.41M154.77M244.25M394.03M
Investing Cash Flow-49.51M-54.73M-53.60M-234.65M-284.64M-302.56M-115.07M-316.01M-41.58M-192.63M-127.40M-267.81M-1.51B-1.46B
Financing Cash Flow25.01M28.26M56.12M180.54M216.24M213.17M45.59M173.25M-105.56M36.74M-23.73M394.32M1.19B1.05B
Capital Expenditure49.51M54.73M45.60M232.90M279.29M290.17M107.65M322.04M89.65M6.01M7.29M10.98M8.05M14.99M
Free Cash Flow-25.37M-28.10M-23.69M-192.65M-214.85M-201.37M-8.29M126.30M145.74M150.86M137.12M143.79M236.20M379.04M
Dividends Paid--33.00M21.79M37.27M52.59M63.00M80.62M93.16M100.78M106.14M115.49M172.16M259.35M
FCF to OCF-105.11%-105.52%-108.14%-478.57%-333.47%-226.77%-8.34%100.00%100.00%96.17%94.95%92.91%96.70%96.20%
Dividend Paid to FCF---139.30%-11.31%-17.35%-26.11%-759.85%63.83%63.92%66.81%77.40%80.32%72.89%68.42%

Earnings

Report DateSep 3, 2014Oct 30, 2014Feb 11, 2015May 12, 2015Aug 10, 2015Nov 5, 2015Feb 11, 2016May 11, 2016Aug 8, 2016Nov 2, 2016Feb 7, 2017May 2, 2017Aug 2, 2017Nov 8, 2017Feb 27, 2018May 8, 2018Aug 1, 2018Nov 5, 2018Feb 13, 2019May 7, 2019Aug 6, 2019Nov 7, 2019Feb 20, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 10, 2021May 6, 2021Aug 5, 2021Nov 8, 2021Feb 16, 2022May 5, 2022Aug 4, 2022Nov 8, 2022Feb 9, 2023May 10, 2023Aug 3, 2023Nov 9, 2023Feb 8, 2024May 2, 2024Aug 1, 2024Oct 29, 2024Feb 12, 2025May 1, 2025Aug 6, 2025Nov 5, 2025Feb 12, 2026May 7, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate-0.060.050.040.060.020.100.100.130.130.140.150.160.170.180.170.170.180.180.190.210.110.200.210.200.200.220.220.220.190.250.240.230.220.230.210.230.240.250.260.260.290.360.390.390.470.380.370.510.52
EPS Actual-0.470.090.030.060.070.050.100.110.130.160.140.150.160.150.170.190.170.180.180.180.21-0.110.200.200.200.200.220.210.220.240.190.230.240.250.250.230.220.230.250.250.270.290.320.330.330.450.360.360.51-
Surprise-50.00%-40.00%50.00%16.67%150.00%0.00%10.00%0.00%23.08%0.00%0.00%0.00%-11.76%-5.56%11.76%0.00%0.00%0.00%-5.26%0.00%-200.00%0.00%-4.76%0.00%0.00%0.00%-4.55%0.00%26.32%-24.00%-4.17%4.35%13.64%8.70%9.52%-4.35%-4.17%0.00%-3.85%3.85%0.00%-11.11%-15.38%-15.38%-4.26%-5.26%-2.70%0.00%-
Timing-After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap8.82B
Enterprise Value9.94B
Trailing P/E23.32
Forward P/E21.32
PEG Ratio1.26
Price / Sales15.43
Price / Book1.96
EPS1.60
Book Value19.03
Revenue (TTM)571.43M
Gross Profit (TTM)550.66M
EBITDA484.88M
Profit Margin62.19%
Operating Margin64.86%
Return on Equity9.06%
Return on Assets4.44%
Shares Outstanding236.29M
Shares Float234.38M
Beta0.79
Dividend Yield4.20%
Dividend Rate1.56
Payout Ratio89.58%

Analyst Ratings

Buy
Based on 9 analystsTarget 45.15
  • Strong Buy
    6
  • Buy
    1
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
107.74%
Insiders
0.78%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    35.88M15.18%
  • Vanguard Portfolio Management, LLC
    19.90M8.42%
  • Cohen & Steers Inc
    12.75M5.40%
  • State Street Corp
    12.04M5.09%
  • FMR Inc
    10.05M4.25%
  • Vanguard Capital Management, LLC
    10.00M4.23%
  • Wellington Management Company LLP
    9.70M4.10%
  • T. Rowe Price Investment Management,Inc.
    8.92M3.78%
  • Geode Capital Management, LLC
    6.98M2.95%
  • Nuveen, LLC
    4.44M1.88%
  • Charles Schwab Investment Management Inc
    4.27M1.80%
  • Deutsche Bank AG
    3.41M1.44%
  • Dimensional Fund Advisors, Inc.
    3.41M1.44%
  • Qube Research & Technologies
    3.41M1.44%
  • NORGES BANK
    3.40M1.44%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    8.88M3.76%
  • iShares Core S&P Mid-Cap ETF
    8.27M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    7.52M3.18%
  • iShares Russell 2000 ETF
    5.80M2.45%
  • Vanguard Small Cap Index
    5.44M2.30%

Dividends

20262×
0.39Jun 30, 20260.39Mar 31, 2026
20254×
0.34Dec 31, 20250.34Sep 30, 20250.34Jun 30, 20250.34Mar 31, 2025
20244×
0.29Dec 31, 20240.29Sep 30, 20240.29Jun 28, 20240.29Mar 27, 2024
20234×
0.28Dec 28, 20230.28Sep 28, 20230.28Jun 29, 20230.28Mar 30, 2023
20224×
0.28Dec 29, 20220.28Sep 29, 20220.28Jun 29, 20220.28Mar 30, 2022
20214×
0.27Dec 30, 20210.27Sep 29, 20210.27Jun 29, 20210.27Mar 30, 2021
20202×
0.25Dec 31, 20200.25Sep 29, 2020