CareTrust REIT, Inc. | REIT Profile

Symbol: CTRE
CIK: 1590717
Exchange: NASDAQ
Founded: 2013 (13 years)
HQ: San Clemente, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Health Care
Internally Managed REIT
REITRating™ Score: 9.1

See CTRE on Yahoo Finance
See CTRE on SEC.gov

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About CTRE - Generated by REITBot™

CareTrust REIT, Inc. (NYSE: CTRE) is a publicly traded real estate investment trust focused on healthcare-related real estate. The company primarily invests in and owns long-term, triple-net-leased properties serving the senior housing and broader healthcare sectors, including skilled nursing, assisted living, independent living, memory care, medical office buildings and other healthcare facilities. CareTrust seeks to generate stable, predictable cash flow through long-term leases with healthcare operators and to provide income to shareholders via its common stock. The firm emphasizes portfolio diversification across property types and geographic markets and professional asset and lease management to mitigate operating risk and support dividend sustainability.


CareTrust REIT, Inc. Company Logo

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REITBot™ End of Day Summary 2026-11-13


CTRE closed at $38.08, down 0.18% from the previous close of $38.15; volume was 3,084,433 shares, likely above normal. The main potential drivers were CareTrust REIT’s priced 17-million-share offering, expected to close today, and broader pressure from rising Treasury yields and increased rate-hike expectations. Forward annualized dividend: $1.56 per share; forward dividend yield: 3.9%. REITRating™: 9.12/10.

Disclaimer: AI-generated REIT market summary currently in beta testing. Information is provided for informational purposes only and may contain inaccuracies or delays. Last update: 2026-11-13 PST

Dividends


Below are the latest CTRE dividend details. Annualized Dividend projects the current dividend rate over a full year, while TTM Dividend shows the total dividends paid over the past 12 months. The Ex-Dividend Date is the cutoff to qualify for the next dividend, and the Dividend Date is when that payment is made.

Dividend Yield: 3.9%*
Annualized Dividend: $1.56*
Dividend Yield (TTM): 4%
Annualized Dividend (TTM): $1.505
Ex-Dividend Date: 2026-09-30
Dividend Date: 2026-10-15
Dividend Frequency: Quarterly

Dividend History

Below are the most recent cash dividends paid by CTRE. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.

Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CTRE 2026-09-30 0.390 --- 2026-09-15 2026-09-30 2026-10-15
CTRE 2026-06-30 0.390 --- 2026-06-16 2026-06-30 2026-07-15
CTRE 2026-03-31 0.390 16.42% 2026-03-13 2026-03-31 2026-04-15
CTRE 2025-12-31 0.335 --- 2025-12-16 2025-12-31 2026-01-15
CTRE 2025-09-30 0.335 --- 2025-09-15 2025-09-30 2025-10-15
CTRE 2025-06-30 0.335 --- 2025-06-16 2025-06-30 2025-07-15
CTRE 2025-03-31 0.335 15.52% 2025-03-18 2025-03-31 2025-04-15
CTRE 2024-12-31 0.290 --- 2024-12-16 2024-12-31 2025-01-15
CTRE 2024-09-30 0.290 --- 2024-09-16 2024-09-30 2024-10-15
CTRE 2024-06-28 0.290 --- 2024-06-17 2024-06-28 2024-07-15
CTRE 2024-03-27 0.290 3.57% 2024-03-18 2024-03-28 2024-04-15
CTRE 2023-12-28 0.280 --- 2023-12-18 2023-12-29 2024-01-12

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes.

Latest REIT Press Releases


See more Press Releases for CareTrust REIT, Inc.

Funds From Operations (FFO)


FFO Amount

Below are the FFO amounts, dividends, payout ratios, and P/FFO for the last two quarters for CTRE. Compare FFO to other REITs at REITFFO.

Year Quarter Type Amount Dividend Paid Payout Ratio Annualized P/FFO
2026 Q2 Normalized FFO $0.51 $0.39 76.47% 19.78x
2026 Q1 Normalized FFO $0.43 $0.39 90.70% 21.31x

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information. The “Payout Ratio” is calculated by dividing the “Dividends Paid” column by the “FFO Amount” column. Some REITs may have two types of FFO (eg. FFO and Modified FFO) while others may have just one type of FFO.

Latest Key Stats


Market Capitalization: $9,829,651,000 [?]
EBITDA: $527,389,000 [?]
P/E (Price-to-Earnings) Ratio: 23.99 [?]
PEG (Price/Earnings to Growth) Ratio: 1.26 [?]
Book Value: 20.70 [?]
Dividend Per Share (DPS): $1.51 [?]
Earnings Per Share (EPS): 1.59 [?]
Revenue Per Share (TTM): $2.67 [?]
Profit Margin: 59.20% [?]
Operating Margin (TTM): 66.20% [?]
Return on Assets (TTM): 3.98% [?]
Return on Equity (TTM): 7.70% [?]
Revenue (TTM): $615,350,000 [?]
Gross Profit (TTM): $588,585,000 [?]
Diluted EPS (TTM): $1.59 [?]
Quarterly Earnings Growth YOY: -0.80% [?]
Quarterly Revenue Growth YOY: 33.20% [?]
Trailing P/E: 23.99 [?]
Forward P/E: 21.32 [?]
Beta: 0.79 [?]
Price-to-Sales Ratio (TTM): 15.97 [?]
Price-to-Book (P/B): 1.87 [?]
Enterprise Value (EV) to Revenue: 23.90 [?]
EV to EBITDA: 21.06x [?]
Shares Outstanding: 257,658,000 [?]
52 Week High: $43.16 [?]
52 Week Low: $33.68 [?]
50 Day Moving Average: $37.25 [?]
200 Day Moving Average: $39.04 [?]

Occupancy Rate


Below are CTRE’s reported occupancy rates for the two most recent quarters, allowing you to quickly track changes in portfolio occupancy over time.

Year Quarter Occupancy
2026 Q2 83.9%
2025 Q4 100%

Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $36.38 per share you would have been able to buy 27 shares of CTRE on 2025-11-15 costing $982.26 @ $36.38 per share you would have been able to buy 13 shares of CTRE on 2025-11-15 costing $472.94 @ $36.38 per share you would have been able to buy 6 shares of CTRE on 2025-11-15 costing $218.28 @ $36.38 per share you would have been able to buy 2 shares of CTRE on 2025-11-15 costing $72.76 @ $36.38 per share you would have been able to buy 1 shares of CTRE on 2025-11-15 costing $36.38
Current worth On 2026-11-13 these 27 shares would be worth $1,028.16 @ $38.08 On 2026-11-13 these 13 shares would be worth $495.04 @ $38.08 On 2026-11-13 these 6 shares would be worth $228.48 @ $38.08 On 2026-11-13 these 2 shares would be worth $76.16 @ $38.08 On 2026-11-13 these 1 shares would be worth $38.08 @ $38.08
Dividends earned $40.64 in dividends would have been earned since 2025-11-15 with 27 shares. $20 in dividends would have been earned since 2025-11-15 with 13 shares. $9.03 in dividends would have been earned since 2025-11-15 with 6 shares. $3.01 in dividends would have been earned since 2025-11-15 with 2 shares. $1.51 in dividends would have been earned since 2025-11-15 with 13 shares.
Net (gain / loss)* 86.53 USD 41.67 USD 19.23 USD 6.41 USD 3.21 USD
ROI** 8.81% 8.81% 8.81% 8.81% 8.81%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Financial Statements Overview


Balance Sheet | Quarterly


Assets 2026-09-30 2026-06-30 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 479,876,000 49,267,000
  Short-Term Investments 0 0
  Cash and Short Term Investments 479,876,000 49,267,000
  Current Net Receivables 23,326,000 17,966,000
  Inventory 0 0
  Other Current Assets 5,449,000 0
  Total Current Assets 508,651,000 49,267,000 932.4%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 0 0
  Investments 0 0
  Intangible Assets Excluding Goodwill 0 50,200,000
  Goodwill 0 0
  Intangible Assets 0 50,200,000
  Other Non-Current Assets 0 0
  Total Non-Current Assets 7,197,666,000 5,879,984,000 22.4%
  Total Assets 7,706,317,000 5,929,251,000 30.0%
Liabilities
Current Liabilities
  Current Accounts Payable 165,213,000 118,673,000
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 0 0
  Current Long-Term Debt 0 310,000,000
  Short Long-Term Debt Total 2,070,497,000 1,205,071,000
  Other Current Liabilities 100,606,000 0
  Total Current Liabilities 265,819,000 520,926,000 -49.0%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 0 895,071,000
  Capital Lease Obligations 0 0
  Other Non-Current Liabilities 0 0
  Total Non-Current Liabilities 2,070,497,000 1,415,997,000
  Total Liabilities 2,336,316,000 1,429,319,000 63.5%
Shareholders' Equity
  Common Stock 2,575,000 2,360,000
  Common Stock Shares Outstanding 241,088,000 234,244,000
  Treasury Stock 0 0
  Retained Earnings -520,056,000 -503,199,000
  Total Shareholder Equity 5,330,388,000 4,491,393,000 18.7%

Amounts in USD ($)

Income Statement | Quarterly


2026-09-30 2026-06-30 QoQ
Total Revenue 176,360,000 161,348,000 9.3%
  Cost of Revenue   8,596,000   352,000
  Cost of Goods and Services Sold   8,596,000   352,000
Gross Profit 167,764,000 160,996,000 4.2%
  Research and Development   0   0
  Selling General and Administrative   15,615,000   4,000
  Depreciation   0   0
  Depreciation and Amortization   33,258,000   30,362,000
  Operating Expenses   57,806,000   3,380,000
Operating Income 109,958,000 157,616,000 -30.2%
  EBIT (Earnings Before Interest and Tax)   102,819,000   101,785,000
  Investment Income Net   0   0
  Net Interest Income   0   23,176,000
  Interest Income   0   38,500,000
  Interest Expense   17,716,000   15,324,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax 85,103,000 90,771,000 -6.2%
  Income Tax Expense 2,929,000 -2,535,000
Net Income from Continuing Operations 0 88,236,000
Net Income 83,653,000 88,996,000 -6.0%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 136,077,000 132,147,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2026-09-30 2026-06-30 QoQ
  Net Income 82,174,000 167,741,000 -51.0%
  Depreciation, Depletion, and Amortization 33,302,000 59,877,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 154,882,000 225,114,000 -31.2%
Cash Flows from Investing Activities
  Capital Expenditures 7,427,000 7,427,000
  Net Cash Used in Investing Activities -1,359,405,000 -990,698,000
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity 0 0
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 92,158,000 163,257,000
  Dividend Payout - Common Stock 92,158,000 163,257,000
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities 1,643,197,000 617,392,000 166.2%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard

Compare with other REITs | See the complete trend

Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 4.4
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.8
10 Dividend to Normalized FFO Payout Ratio Health: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios during the last four quarters. 8.4
10 Dividend to Normalized FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios trend during the last two years. 7.1
Rating AFFO & Efficiency Section Avg. Rating
10 Normalized FFO Trend: Analysis of the REIT’s Normalized FFO trend during the last two years. 9.1
9 Normalized FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.7
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.6
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.3
Rating Leverage Section Avg. Rating
10 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.9
10 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
10 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.8
1 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.2
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.3
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.4
Rating Properties Section Avg. Rating
9 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 8.0
6 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 8.4
6 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
8 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.4
9.1 Overall REITRating™ Score (See trend) 5.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this CTRE. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Camarillo Healthcare 6000 Santa Rosa Road Camarillo CA
San Juan Capistrano Healthcare 31741 Rancho Viejo Road San Juan Capistrano CA
Barton Creek Healthcare 499 East 500 South Bountiful UT

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Last updated: 2026-11-15 - v7.6.2