Tearsheet

CareTrust REIT (CTRE)


Market Price (12/23/2025): $36.52 | Market Cap: $7.7 Bil
Sector: Real Estate | Industry: Health Care REITs

CareTrust REIT (CTRE)


Market Price (12/23/2025): $36.52
Market Cap: $7.7 Bil
Sector: Real Estate
Industry: Health Care REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%
Trading close to highs
Dist 52W High is -3.2%, Dist 3Y High is -3.2%
Expensive valuation multiples
P/SPrice/Sales ratio is 24x
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 56%
  Key risks
CTRE key risks include [1] significant tenant concentration with its largest operators and [2] integration challenges from its rapid portfolio expansion through acquisitions.
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 107%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 103%
  
3 Low stock price volatility
Vol 12M is 22%
  
4 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease. Themes include Geriatric Care.
  
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 56%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 107%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 103%
3 Low stock price volatility
Vol 12M is 22%
4 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease. Themes include Geriatric Care.
5 Trading close to highs
Dist 52W High is -3.2%, Dist 3Y High is -3.2%
6 Expensive valuation multiples
P/SPrice/Sales ratio is 24x
7 Key risks
CTRE key risks include [1] significant tenant concentration with its largest operators and [2] integration challenges from its rapid portfolio expansion through acquisitions.

Valuation, Metrics & Events

CTRE Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

CareTrust REIT (CTRE) experienced a 7.3% stock movement between approximately August 31, 2025, and December 23, 2025, driven by several key factors:

1. Strong Third Quarter 2025 Financial Results: CareTrust REIT reported robust financial performance for the third quarter of 2025, with net income increasing by 67% and normalized FFO per diluted weighted average share rising by 18% over the prior year's quarter. The company's total revenues of $132.44 million significantly surpassed analyst expectations, exceeding forecasts by 35.79%. This strong earnings report, coupled with an updated, higher full-year 2025 earnings guidance, provided a positive outlook for investors.

2. Significant Acquisition Activity and Portfolio Expansion: CareTrust REIT executed substantial acquisitions during this period, reinforcing its growth strategy. In late October 2025, the company closed transactions totaling approximately $437 million, acquiring 12 skilled nursing facilities and one skilled nursing campus in the Southeast and Mid-Atlantic regions, bringing its year-to-date investments to a record $1.6 billion. Furthermore, on December 1, 2025, CareTrust REIT diversified its portfolio by establishing a Senior Housing Operating Portfolio (SHOP) through the acquisition of three Texas-based senior living communities for about $40 million. These strategic investments expanded its footprint and growth engines.

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Stock Movement Drivers

Fundamental Drivers

The 8.5% change in CTRE stock from 9/22/2025 to 12/22/2025 was primarily driven by a 17.0% change in the company's Total Revenues ($ Mil).
922202512222025Change
Stock Price ($)33.6936.568.53%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)277.03324.1417.01%
Net Income Margin (%)79.39%80.64%1.58%
P/E Multiple29.4829.620.47%
Shares Outstanding (Mil)192.44211.75-10.03%
Cumulative Contribution7.43%

LTM = Last Twelve Months as of date shown

Market Drivers

9/22/2025 to 12/22/2025
ReturnCorrelation
CTRE8.5% 
Market (SPY)2.7%15.3%
Sector (XLRE)-3.6%59.2%

Fundamental Drivers

The 21.7% change in CTRE stock from 6/23/2025 to 12/22/2025 was primarily driven by a 31.5% change in the company's Total Revenues ($ Mil).
623202512222025Change
Stock Price ($)30.0436.5621.71%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)246.41324.1431.55%
Net Income Margin (%)65.80%80.64%22.55%
P/E Multiple34.6729.62-14.58%
Shares Outstanding (Mil)187.15211.75-13.14%
Cumulative Contribution19.61%

LTM = Last Twelve Months as of date shown

Market Drivers

6/23/2025 to 12/22/2025
ReturnCorrelation
CTRE21.7% 
Market (SPY)14.4%15.8%
Sector (XLRE)-3.7%46.6%

Fundamental Drivers

The 39.5% change in CTRE stock from 12/22/2024 to 12/22/2025 was primarily driven by a 78.4% change in the company's Net Income Margin (%).
1222202412222025Change
Stock Price ($)26.2036.5639.54%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)219.53324.1447.65%
Net Income Margin (%)45.21%80.64%78.38%
P/E Multiple42.1029.62-29.65%
Shares Outstanding (Mil)159.46211.75-32.79%
Cumulative Contribution24.54%

LTM = Last Twelve Months as of date shown

Market Drivers

12/22/2024 to 12/22/2025
ReturnCorrelation
CTRE39.5% 
Market (SPY)16.9%18.0%
Sector (XLRE)1.9%52.6%

Fundamental Drivers

The 123.7% change in CTRE stock from 12/23/2022 to 12/22/2025 was primarily driven by a 185.8% change in the company's P/S Multiple.
1223202212222025Change
Stock Price ($)16.3536.56123.66%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)188.95324.1471.55%
P/S Multiple8.3623.88185.77%
Shares Outstanding (Mil)96.61211.75-119.19%
Cumulative Contribution-194.06%

LTM = Last Twelve Months as of date shown

Market Drivers

12/23/2023 to 12/22/2025
ReturnCorrelation
CTRE75.0% 
Market (SPY)47.7%18.3%
Sector (XLRE)7.2%49.8%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
CTRE Return14%8%-14%27%26%39%136%
Peers Return�����40%�
S&P 500 Return16%27%-19%24%23%17%113%

Monthly Win Rates [3]
CTRE Win Rate58%58%58%58%67%58% 
Peers Win Rate����73%65% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
CTRE Max Drawdown-61%-7%-28%-3%-9%-8% 
Peers Max Drawdown�����-4% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: WELL, VTR, OHI, AHR, SBRA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)

How Low Can It Go

Unique KeyEventCTRES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-33.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven50.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven707 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-65.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven191.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven274 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-34.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven52.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven199 days120 days

Compare to VTR, HR, SBRA, UHT, WELL

In The Past

CareTrust REIT's stock fell -33.6% during the 2022 Inflation Shock from a high on 7/21/2021. A -33.6% loss requires a 50.6% gain to breakeven.

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About CareTrust REIT (CTRE)

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.

AI Analysis | Feedback

Think of it as the Public Storage for nursing homes and assisted living facilities.

It's like Simon Property Group, but instead of malls, they own and lease senior care facilities.

Essentially, it's the Prologis for healthcare properties like skilled nursing and assisted living facilities.

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  • Skilled Nursing Facility (SNF) Leasing: Provides real estate to operators of facilities offering continuous medical and rehabilitative care.
  • Assisted Living Facility (ALF) Leasing: Offers real estate to operators of residential communities that assist seniors with daily living activities.
  • Independent Living Facility (ILF) Leasing: Supplies real estate to operators of apartment-style communities designed for active, self-sufficient seniors.

AI Analysis | Feedback

CareTrust REIT (CTRE) sells primarily to other companies, specifically healthcare operators that lease and operate its skilled nursing and senior housing facilities. The company has a diversified tenant base, but some operators contribute a larger portion of its contractual rent.

Based on the company's Q4 2023 investor presentation, its major customers (operators) by annualized contractual rent include:

  • The Ensign Group, Inc. (Symbol: ENSG) - A leading provider of skilled nursing and and assisted living services.
  • Genesis Healthcare, Inc. (Symbol: GENH on OTCQX) - A provider of healthcare services, primarily through skilled nursing facilities and assisted living communities.
  • Priority Management Group - A privately-held operator of skilled nursing facilities.
  • The Pennant Group, Inc. (Symbol: PNTG) - A healthcare services company providing home health, hospice, and senior living services (a spin-off from The Ensign Group).

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KPMG LLP

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David M. Sedgwick, President & Chief Executive Officer

Mr. Sedgwick has served as President and Chief Executive Officer of CareTrust REIT since January 1, 2022, and as a Director since June 2022. He has been with the company since its inception in 2014, previously holding roles as Chief Operating Officer from August 2018 to 2021 and Vice President-Operations from 2014 to August 2018. Prior to joining CareTrust, Mr. Sedgwick held several key leadership positions at The Ensign Group, Inc., CareTrust's predecessor, from 2001 to 2014. During his time at Ensign, he operated three skilled nursing facilities from 2002 to 2007 and served as President of Ensign's Maryland-based urgent care venture, Doctors Express, in 2012. He was also Ensign's President of Facility Services & Chief Human Capital Officer from 2007 to 2012. Mr. Sedgwick has been a licensed nursing home administrator since 2001.

William M. Wagner, Chief Financial Officer & Treasurer

Mr. Wagner serves as the Chief Financial Officer and Treasurer of CareTrust REIT. He possesses over 31 years of experience in accounting and finance, with a significant focus on real estate, including more than two decades working extensively for REITs. He previously worked for Nationwide Health Properties. Mr. Wagner is scheduled to retire in early 2026.

James B. Callister, Executive Vice President, Chief Investment Officer & Secretary

Mr. Callister was appointed Chief Investment Officer effective December 31, 2022, succeeding Mark Lamb. He joined CareTrust REIT in 2021 as General Counsel and has been instrumental in the company's legal and corporate functions, asset and portfolio management, and tenant relationships. Before joining CareTrust, Mr. Callister worked for nearly 20 years in private practice as a real estate attorney, including as a partner at Sherry Meyerhoff Hanson & Crance LLP and O'Melveny & Myers LLP. His legal expertise was primarily focused on representing publicly-traded REITs in the acquisition, disposition, leasing, and financing of healthcare-related properties. Since 2008, he has exclusively worked on healthcare REIT transactions, facilitating acquisitions or financings for over 300 skilled nursing, seniors housing, and independent living facilities, involving investments exceeding $2.5 billion across 35 states. He has assisted in structuring, negotiating, and closing all of CareTrust's acquisitions since its formation.

Lauren Beale, Senior Vice President & Chief Accounting Officer

Ms. Beale holds the position of Senior Vice President and Chief Accounting Officer at CareTrust REIT. She is expected to take on expanded responsibilities during the upcoming CFO transition in early 2026.

Derek J. Bunker, Senior Vice President of Strategy & Investor Relations

Mr. Bunker serves as the Senior Vice President of Strategy and Investor Relations for CareTrust REIT. He is slated to succeed William M. Wagner as Chief Financial Officer on January 1, 2026. He is recognized for his extensive expertise in both the healthcare and real estate sectors.

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Key Business Risks for CareTrust REIT (CTRE)

  1. Tenant Concentration Risk: CareTrust REIT faces significant exposure to its largest tenants. Specifically, The Ensign Group represents a substantial portion of its total rent, and the top five and ten tenants account for a large majority of overall rent. A default or operational challenges experienced by these key tenants could lead to a material decrease in rental income for CareTrust REIT.
  2. Compliance with REIT Requirements: As a Real Estate Investment Trust (REIT), CareTrust REIT is required to distribute at least 90% of its taxable income annually to shareholders. This requirement can restrict the company's flexibility in managing its capital, limit its ability to effectively hedge against risks, and may compel it to borrow funds on unfavorable terms or dispose of assets at disadvantageous prices to meet distribution obligations.
  3. Integration Challenges from Rapid Expansion and Acquisitions: CareTrust REIT has been actively expanding its portfolio through significant acquisitions, including recent ventures into the UK and new senior housing operations. Such rapid growth introduces risks related to the efficient integration of newly acquired properties, potential operational complexities, and the challenge of realizing anticipated synergies without negatively impacting profit margins or earnings.

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Persistent and intensifying healthcare staffing shortages, particularly for nurses and certified nursing assistants. This directly impacts the ability of skilled nursing facility operators (CTRE's tenants) to fully staff facilities, admit patients, and operate profitably, leading to reduced occupancy and financial distress. This trend is worsening, not abating, and poses a direct threat to the financial stability of CTRE's underlying assets and tenant base.

The accelerating shift towards home-based and community-based care models, including "Hospital at Home" initiatives, enabled by advancements in telehealth and remote monitoring technologies. This diverts patients who would traditionally utilize skilled nursing facilities for post-acute or long-term care to less institutional settings, thereby reducing overall demand for SNF beds and impacting occupancy rates and revenue for CTRE's tenants.

AI Analysis | Feedback

CareTrust REIT (CTRE) operates primarily in the United States, focusing on the ownership, acquisition, financing, development, and leasing of healthcare-related properties. Its main products and services are centered around three key segments: skilled nursing facilities, seniors housing, and medical office buildings.

The addressable markets for CareTrust REIT's main products and services in the U.S. and North America are sized as follows:

  • Skilled Nursing Facilities (U.S.): The U.S. skilled nursing facility market was estimated at approximately USD 199.72 billion in 2024 and is projected to grow to about USD 290.02 billion by 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 4.39% from 2025 to 2033. Another estimate places the market at USD 202.4 billion in 2025, reaching USD 279.9 billion by 2035 with a CAGR of 3.3% from 2025 to 2035.
  • Seniors Housing (U.S.): The U.S. senior living market was estimated at USD 907.59 billion in 2024 and is expected to reach USD 1.33 trillion by 2033, growing at a CAGR of 4.42% from 2025 to 2033. This segment includes independent living, assisted living, and memory care facilities.
  • Medical Office Buildings (North America): The Medical Office Buildings (MOB) market size for North America is projected to reach USD 44.69 billion in 2025 and is predicted to grow to USD 79.16 billion by 2034, reflecting a CAGR of over 6.5% during the forecast period from 2025 to 2034. The United States accounts for the largest share within the North American market.

AI Analysis | Feedback

Here are the 3-5 expected drivers of future revenue growth for CareTrust REIT (CTRE) over the next 2-3 years:

1. Accretive Acquisitions in Skilled Nursing and Senior Housing: CareTrust REIT has consistently pursued a strategy of high growth through accretive acquisitions of skilled nursing and senior housing facilities. The company deployed approximately $1.5 billion in 2024 and over $1.6 billion year-to-date in 2025 across these sectors. Management continues to highlight a robust investment pipeline, with approximately $600 million in deals for both skilled nursing and senior housing properties, indicating ongoing expansion in its core markets.

2. Rent Escalators in Long-Term Leases: A significant portion of CTRE's revenue growth is underpinned by its long-term triple-net leases, which include contractual rent escalators. These typically feature 2.5% CPI-based rent escalators, providing a stable and inflation-protected increase in rental income over time.

3. Expansion into the UK Care Home Market: CareTrust REIT has strategically diversified its portfolio through its entry into the United Kingdom care home market, highlighted by the acquisition of Care REIT plc in May 2025. This international expansion provides a new geographical market for growth and contributes to portfolio diversification.

4. Growth of the Seniors Housing Operating Portfolio (SHOP): CTRE is actively expanding its Seniors Housing Operating Portfolio (SHOP) investments, which is considered a key "third engine of growth" for the company. The company plans to close its first SHOP deal by the end of 2025, aiming for low double-digit internal rates of return (IRRs) and stabilized occupancy in the low 90% range, which is expected to drive future revenue.

5. Favorable Demographic Trends: The aging demographics in both the United States and the United Kingdom are a fundamental driver for increased demand in skilled nursing, post-acute care, and senior housing facilities. This demographic shift is expected to lead to higher occupancy rates and improved EBITDARM coverage for operators, thereby enhancing the overall quality and reliability of CareTrust REIT's tenant base and future cash flows.

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Here's a summary of CareTrust REIT's capital allocation decisions over the last 3-5 years:

Share Repurchases

  • CareTrust REIT authorized a share repurchase program of up to $150 million on March 20, 2020, to be active until March 31, 2023.

Share Issuance

  • In the third quarter of 2024, CareTrust REIT issued $500 million of equity through its At-The-Market (ATM) program.
  • During the fourth quarter of 2024, the company sold 15.9 million shares in a public offering, generating gross proceeds of $507.8 million.
  • In the third quarter of 2025, a follow-on equity offering raised $736 million, and additional at-the-market offerings generated $369.9 million.

Outbound Investments

  • In the third quarter of 2024, CareTrust REIT made record-setting investments of approximately $917 million at an average stabilized yield of 9.4%.
  • The company announced pending acquisitions of approximately $500 million in skilled nursing facilities in Q3 2024, expected to close in the last two months of the year, involving 31 facilities.
  • CareTrust REIT deployed more than $1.5 billion across the skilled nursing and senior housing sectors in 2024, and had an annual investment total of approximately $1.6 billion for the year. Year-to-date in 2025, total investments reached $4.81 billion, with $1.63 billion deployed.

Capital Expenditures

  • Capital expenditures were reported as $8.05 million in 2020, $10.98 million in 2021, $7.29 million in 2022, and $6.01 million in 2023.

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Trade Ideas

Select ideas related to CTRE. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-0.3%-0.3%-5.8%

Recent Active Movers

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Peer Comparisons for CareTrust REIT

Peers to compare with:

Financials

CTREWELLVTROHIAHRSBRAMedian
NameCareTrus.WelltowerVentas Omega He.American.Sabra He. 
Mkt Price36.56186.4379.1843.6148.5018.5346.05
Mkt Cap7.7125.436.112.98.24.410.5
Rev LTM3249,7525,5551,1502,1997451,674
Op Inc LTM1811,580818718169267492
FCF LTM3342,746968877189341609
FCF 3Y Avg2252,06568772385313500
CFO LTM3482,7871,549877299341613
CFO 3Y Avg2352,1131,297723183313518

Growth & Margins

CTREWELLVTROHIAHRSBRAMedian
NameCareTrus.WelltowerVentas Omega He.American.Sabra He. 
Rev Chg LTM47.6%32.6%15.7%13.7%9.4%8.9%14.7%
Rev Chg 3Y Avg21.2%20.9%10.7%6.3%-7.8%10.7%
Rev Chg Q82.4%30.7%20.4%12.9%9.4%6.8%16.7%
QoQ Delta Rev Chg LTM17.0%6.8%4.8%3.2%2.3%1.6%4.0%
Op Mgn LTM55.7%16.2%14.7%62.4%7.7%35.8%26.0%
Op Mgn 3Y Avg57.4%15.1%12.0%54.3%5.9%35.5%25.3%
QoQ Delta Op Mgn LTM0.9%0.7%0.0%0.1%0.1%-1.3%0.1%
CFO/Rev LTM107.4%28.6%27.9%76.2%13.6%45.8%37.2%
CFO/Rev 3Y Avg93.2%26.8%26.3%71.6%8.8%45.2%36.0%
FCF/Rev LTM103.2%28.2%17.4%76.2%8.6%45.8%37.0%
FCF/Rev 3Y Avg88.9%26.1%13.8%71.6%4.0%45.2%35.7%

Valuation

CTREWELLVTROHIAHRSBRAMedian
NameCareTrus.WelltowerVentas Omega He.American.Sabra He. 
Mkt Cap7.7125.436.112.98.24.410.5
P/S23.912.96.511.23.76.08.9
P/EBIT25.883.545.216.378.515.435.5
P/E29.6130.5151.723.9300.725.480.1
P/CFO22.245.023.314.727.413.022.8
Total Yield4.9%0.8%2.9%10.1%2.3%10.4%3.9%
Dividend Yield1.5%0.0%2.3%5.9%1.9%6.4%2.1%
FCF Yield 3Y Avg5.0%2.7%2.8%7.0%-7.9%5.0%
D/E0.10.10.40.40.20.60.3
Net D/E0.00.10.30.30.20.50.3

Returns

CTREWELLVTROHIAHRSBRAMedian
NameCareTrus.WelltowerVentas Omega He.American.Sabra He. 
1M Rtn-0.4%-6.8%-0.1%-3.2%1.0%-1.1%-0.7%
3M Rtn8.5%11.8%18.8%7.9%15.9%1.9%10.2%
6M Rtn21.7%22.0%26.5%20.8%34.2%3.0%21.8%
12M Rtn39.5%52.2%38.8%23.5%80.1%16.9%39.2%
3Y Rtn123.7%207.6%93.3%94.8%-89.1%94.8%
1M Excs Rtn-4.2%-10.8%-5.9%-7.4%-6.7%-5.3%-6.3%
3M Excs Rtn1.9%5.1%13.0%3.0%9.7%-2.8%4.1%
6M Excs Rtn8.7%9.0%13.9%8.5%22.1%-9.6%8.8%
12M Excs Rtn22.3%33.9%21.8%5.9%65.4%0.2%22.0%
3Y Excs Rtn38.5%121.6%13.4%12.3%-9.5%13.4%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Single Segment218    
Interest and other income 9234
Rental income 188190174156
Independent living facilities  023
Total218196192178163


Price Behavior

Price Behavior
Market Price$36.56 
Market Cap ($ Bil)7.7 
First Trading Date05/29/2014 
Distance from 52W High-3.2% 
   50 Days200 Days
DMA Price$35.95$31.75
DMA Trendupup
Distance from DMA1.7%15.2%
 3M1YR
Volatility21.3%22.4%
Downside Capture-11.94-3.14
Upside Capture29.3829.94
Correlation (SPY)14.2%18.1%
CTRE Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.470.380.330.220.240.36
Up Beta0.180.760.930.660.290.29
Down Beta1.190.570.460.260.290.34
Up Capture119%48%34%40%20%23%
Bmk +ve Days12253873141426
Stock +ve Days12233371133395
Down Capture-0%-1%-13%-46%5%57%
Bmk -ve Days7162452107323
Stock -ve Days7182852112345

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of CTRE With Other Asset Classes (Last 1Y)
 CTRESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return33.8%-2.0%14.7%67.3%6.8%-0.5%-16.6%
Annualized Volatility22.6%17.4%19.7%19.3%15.2%17.6%35.4%
Sharpe Ratio1.21-0.270.572.540.23-0.18-0.25
Correlation With Other Assets 54.3%20.3%18.6%6.9%54.4%4.4%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of CTRE With Other Asset Classes (Last 5Y)
 CTRESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return16.2%5.8%15.0%18.9%11.8%5.1%35.8%
Annualized Volatility24.3%19.1%17.1%15.5%18.7%18.9%48.9%
Sharpe Ratio0.600.210.710.980.510.180.63
Correlation With Other Assets 56.2%36.7%14.4%9.1%58.6%12.2%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of CTRE With Other Asset Classes (Last 10Y)
 CTRESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return18.9%6.5%14.9%14.9%6.7%5.5%69.9%
Annualized Volatility35.3%20.6%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.590.280.710.840.300.230.90
Correlation With Other Assets 56.4%43.1%8.5%19.0%62.2%14.9%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity9,596,556
Short Interest: % Change Since 11152025-6.7%
Average Daily Volume1,856,866
Days-to-Cover Short Interest5.17
Basic Shares Quantity211,746,000
Short % of Basic Shares4.5%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/5/2025-1.2%0.6%4.8%
8/6/2025-0.3%1.3%4.0%
5/1/2025-1.8%-0.4%-0.4%
2/12/20253.7%0.2%11.1%
10/29/20242.8%-3.4%-6.3%
8/2/2024-1.9%1.6%7.7%
5/2/2024-1.3%-3.0%1.9%
2/8/20247.1%8.1%11.5%
...
SUMMARY STATS   
# Positive121216
# Negative12128
Median Positive1.3%2.5%4.9%
Median Negative-1.2%-2.8%-4.3%
Max Positive10.3%8.7%31.2%
Max Negative-7.0%-10.1%-45.8%

SEC Filings

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Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025806202510-Q 6/30/2025
3312025501202510-Q 3/31/2025
12312024212202510-K 12/31/2024
93020241029202410-Q 9/30/2024
6302024802202410-Q 6/30/2024
3312024502202410-Q 3/31/2024
12312023208202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023510202310-Q 3/31/2023
12312022209202310-K 12/31/2022
93020221108202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021216202210-K 12/31/2021