CareTrust REIT

CTRE

Market cap $8.38B

Caretrust REIT owns and leases skilled nursing facilities. Shares rallied to their all-time high on Thursday after earnings.

CareTrust REIT showed strong operational and financial performance for Q3 2025, with EBITDARM coverage rising and net debt to annualized EBITDA coming down. Growth factors for the company are accretive acquisitions, international diversification, and the aging demographics of the US and UK, causing a supply mismatch of beds in skilled nursing facilities. Due to these factors, I am issuing a Buy for CTRE, with a target price of $41 for the end of 2026.

CareTrust REIT, Inc. ( CTRE ) Q3 2025 Earnings Call November 6, 2025 2:00 PM EST Company Participants Lauren Beale - Senior VP & Chief Accounting Officer David Sedgwick - CEO, President & Director James Callister - Chief Investment Officer & Secretary William Wagner - CFO & Treasurer Derek Bunker - Senior VP of Strategy & Investor Relations Conference Call Participants Jonathan Hughes - Raymond James & Associates, Inc., Research Division Michael Carroll - RBC Capital Markets, Research Division Farrell Granath - BofA Securities, Research Division Juan Sanabria - BMO Capital Markets Equity Research Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division John Pawlowski - Green Street Advisors, LLC, Research Division John Kilichowski Richard Anderson - Cantor Fitzgerald & Co., Research Division Wesley Golladay - Robert W. Baird & Co. Incorporated, Research Division Presentation Operator Ladies and gentlemen, thank you for joining us, and welcome to the CareTrust REIT's Third Quarter 2025 Operating Results Webcast and Conference Call.

CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.45 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.38 per share a year ago.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Third Quarter 2025 Operating Results.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today the recent closing of a series of transactions totaling approximately $437 million. In two separate transactions closed in late October, the Company acquired 12 skilled nursing facilities and one skilled nursing campus located across the Southeast and Mid-Atlantic. The combined portfolio includes approximately 1,760 licensed skilled nursing beds and assisted living units and ar.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Appoints Gregory K. Stapley to Board of Directors.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust”) announced today that it plans to release its third quarter 2025 financial results after the U.S. markets close on Wednesday, November 5, 2025. Representatives of CareTrust's management team will host a conference call to discuss the results and other current matters the following day. Conference Call CareTrust invites current and prospective investors to listen to the call on Thursday, November 6, 2025 at 2:00.

REITs in 2025 have shown disciplined capital raising, issuing equity mainly when trading at premiums to NAV and capturing low-cost debt opportunistically. Welltower and CareTrust issued equity at significant premiums, signaling management's awareness of overvaluation and maximizing accretion for shareholders. Undervalued REITs like UMH Properties are shifting to share buybacks, recognizing the accretive opportunity at deep discounts to NAV and cheap AFFO multiples.

CareTrust REIT, Inc. is offering rapid growth potential. Even then, CTRE trades at a reasonable valuation and offers a near 5% yield. Here is why we expect CTRE stock to outperform the market going forward.