CareTrust REIT Q4 net income rises

CareTrust REIT

12/02/2026 21:22

Overview

Healthcare REIT's Q4 net income rose 72% yr/yr, beating analyst expectations

Normalized FFO for Q4 increased 18% yr/yr

Company closed $561.5 mln of investment activity at 8.8% yield

Outlook

CareTrust projects 2026 net income per share between $1.45 and $1.50

Company expects 2026 Normalized FFO per share of $1.90 to $1.95

Result Drivers

INVESTMENT ACTIVITY - CareTrust closed $561.5 mln of investment activity at a blended stabilized yield of 8.8% during the quarter

PORTFOLIO DIVERSIFICATION - Introduction of UK Care Homes and SHOP as new growth engines contributed to portfolio diversification and strength

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
Beat
$111.30 mln
$79.82 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for CareTrust REIT Inc is $41.00, about 4.1% above its February 11 closing price of $39.39

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw71PT7da

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)