CareTrust REIT Inc Aktie News

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024.

REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while micro caps (-0.32%) saw yet another month in the red. 78.06% of REIT securities had a positive total return in March.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Achieves ISS ESG “Prime” Status for 2024.

Inflation remains high, making a June rate cut unlikely, but creating an opportunity to buy discounted stocks in the REIT sector.

U.S. equity markets declined this week while benchmark interest rates jumped to the highest level since November after stronger-than-expected employment data showed robust hiring trends in early 2024. Stagflation has crept back into the economic discussion over the past several weeks amid a resurgence in oil prices alongside economic data showing stubbornly lukewarm inflationary trends. Followi...

CareTrust REIT has outperformed its peers in the healthcare REIT sector over the past year, up by nearly 27%. They also outperformed their peers, Omega Healthcare Investors & Sabra Healthcare REIT. The company has a safe dividend payout ratio and has raised its dividend for 9 consecutive years, with the latest, a 4% increase to $0.29. CareTrust REIT has a low-leverage balance sheet, strong acqu...

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties. The multi-service senior living campuses include 475 assisted living, skilled nursing, and memory care beds/units. All three facilities will be operated by Bayshire Senior Commun...

CareTrust REIT is a healthcare real estate investment trust focused on senior facilities. The trust owns a large portfolio of Skilled Nursing facilities and benefits from aging trends in the US. CareTrust REIT has strong EBITDA/FFO growth, a low payout ratio, and a growing dividend, making it an attractive option for passive income investors.