CareTrust REIT, Inc.

CareTrust REIT, Inc. is a self-administered, publicly traded real estate investment trust (REIT) primarily engaged in the ownership, acquisition, financing, development, and leasing of skilled nursing, seniors housing, and other healthcare-related properties. The company generates revenue by leasing these properties to various healthcare operators under triple-net lease arrangements, where the tenant is responsible for property-related costs. Headquartered in San Clemente, California, CareTrust REIT aims to generate stable and predictable cash flow through long-term leases and provide consistent income to its shareholders.

The company's diversified portfolio includes skilled nursing facilities (SNFs), assisted living facilities (ALFs), independent living facilities (ILFs), and memory care properties. CareTrust REIT emphasizes portfolio diversification across property types and geographic markets, with properties spanning the United States and the United Kingdom.

Under the leadership of President and CEO Dave Sedgwick, CareTrust REIT has demonstrated active growth and strategic positioning. Recent notable activities include Moody's upgrading its issuer rating and senior unsecured notes to Baa3 with a stable outlook. The company has deployed significant capital, with over $4 billion since early 2024, including recent investments totaling $628 million at an 8.8% blended stabilized yield. CareTrust REIT reported strong Q1 2026 results, with Normalized FFO per share increasing 14% year-over-year, and has increased its quarterly dividend to $0.39 per share, payable in July 2026. The company expanded its international footprint by acquiring Care REIT plc in the United Kingdom in May 2025 and has continued to make substantial acquisitions in the U.S., including a $437 million series of transactions in late 2025 and an agreement to acquire a $500 million portfolio in the Southeast in October 2024.