CareTrust REIT (CTRE)
Market Price (3/11/2026): $39.98 | Market Cap: $8.9 BilSector: Real Estate | Industry: Health Care REITs
CareTrust REIT (CTRE)
Market Price (3/11/2026): $39.98Market Cap: $8.9 BilSector: Real EstateIndustry: Health Care REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2% | Trading close to highsDist 52W High is -2.8%, Dist 3Y High is -2.8% | Expensive valuation multiplesP/SPrice/Sales ratio is 24x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 23x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 62% | Key risksCTRE key risks include [1] significant tenant concentration with its largest operators and [2] integration challenges from its rapid portfolio expansion through acquisitions. | |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 58% | ||
| Attractive cash flow generationCFO/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% | ||
| Low stock price volatilityVol 12M is 21% | ||
| Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 62% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 58% |
| Attractive cash flow generationCFO/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% |
| Low stock price volatilityVol 12M is 21% |
| Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. |
| Trading close to highsDist 52W High is -2.8%, Dist 3Y High is -2.8% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 24x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 23x |
| Key risksCTRE key risks include [1] significant tenant concentration with its largest operators and [2] integration challenges from its rapid portfolio expansion through acquisitions. |
Qualitative Assessment
AI Analysis | Feedback
1. Strong Fourth Quarter 2025 Earnings Beat and Robust 2026 Outlook. CareTrust REIT reported impressive financial results for the fourth quarter and full year ended December 31, 2025, significantly exceeding analyst expectations. The company posted Normalized Funds From Operations (FFO) per share of $0.47 for Q4 2025, a substantial beat compared to the analyst estimate of $0.37. Additionally, revenue reached $134.9 million, surpassing the estimated $112.8 million. For the full year 2025, Normalized FFO per share increased by 17% over the prior year to $1.76. Management provided a strong initial guidance for 2026, projecting Normalized FFO and Funds Available for Distribution (FAD) in a range of $1.90 to $1.95 per share, representing approximately 9.4% growth over 2025 results.
2. Aggressive External Growth and Portfolio Expansion. CareTrust REIT demonstrated significant growth through strategic investments and portfolio expansion. In 2025, the company closed $1.8 billion in investment activity at a blended stabilized yield of 8.6%. This included the acquisition of Care REIT, marking an entry into UK Care Homes, and its first Seniors Housing Operating Portfolio (SHOP) deal. As of December 31, 2025, CareTrust reported a pipeline of approximately $500 million, with an additional ~$215 million in investments closed subsequent to year-end. A notable acquisition during this period was the Mid-Atlantic Skilled Nursing Portfolio for approximately $142 million on January 5, 2026.
Show more
Stock Movement Drivers
Fundamental Drivers
The 7.5% change in CTRE stock from 11/30/2025 to 3/10/2026 was primarily driven by a 14.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 3102026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.19 | 39.97 | 7.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 324 | 369 | 14.0% |
| Net Income Margin (%) | 80.6% | 86.8% | 7.6% |
| P/E Multiple | 30.1 | 27.8 | -7.7% |
| Shares Outstanding (Mil) | 212 | 223 | -5.0% |
| Cumulative Contribution | 7.5% |
Market Drivers
11/30/2025 to 3/10/2026| Return | Correlation | |
|---|---|---|
| CTRE | 7.5% | |
| Market (SPY) | -0.9% | -22.1% |
| Sector (XLRE) | 3.0% | 15.4% |
Fundamental Drivers
The 18.4% change in CTRE stock from 8/31/2025 to 3/10/2026 was primarily driven by a 33.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3102026 | Change |
|---|---|---|---|
| Stock Price ($) | 33.77 | 39.97 | 18.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 277 | 369 | 33.3% |
| Net Income Margin (%) | 79.4% | 86.8% | 9.3% |
| P/E Multiple | 29.5 | 27.8 | -5.9% |
| Shares Outstanding (Mil) | 192 | 223 | -13.7% |
| Cumulative Contribution | 18.4% |
Market Drivers
8/31/2025 to 3/10/2026| Return | Correlation | |
|---|---|---|
| CTRE | 18.4% | |
| Market (SPY) | 5.3% | -0.1% |
| Sector (XLRE) | 2.2% | 37.9% |
Fundamental Drivers
The 61.1% change in CTRE stock from 2/28/2025 to 3/10/2026 was primarily driven by a 61.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282025 | 3102026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.82 | 39.97 | 61.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 228 | 369 | 61.8% |
| Net Income Margin (%) | 54.8% | 86.8% | 58.3% |
| P/E Multiple | 36.1 | 27.8 | -22.9% |
| Shares Outstanding (Mil) | 182 | 223 | -18.4% |
| Cumulative Contribution | 61.1% |
Market Drivers
2/28/2025 to 3/10/2026| Return | Correlation | |
|---|---|---|
| CTRE | 61.1% | |
| Market (SPY) | 15.0% | 14.2% |
| Sector (XLRE) | 1.8% | 43.3% |
Fundamental Drivers
The 134.0% change in CTRE stock from 2/28/2023 to 3/10/2026 was primarily driven by a 172.3% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3102026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.08 | 39.97 | 134.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 188 | 369 | 97.0% |
| P/S Multiple | 8.9 | 24.1 | 172.3% |
| Shares Outstanding (Mil) | 97 | 223 | -56.4% |
| Cumulative Contribution | 134.0% |
Market Drivers
2/28/2023 to 3/10/2026| Return | Correlation | |
|---|---|---|
| CTRE | 134.0% | |
| Market (SPY) | 77.3% | 22.0% |
| Sector (XLRE) | 23.2% | 50.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CTRE Return | 8% | -14% | 27% | 26% | 39% | 10% | 130% |
| Peers Return | 4% | -6% | 26% | 51% | 40% | 11% | 187% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 81% |
Monthly Win Rates [3] | |||||||
| CTRE Win Rate | 58% | 58% | 58% | 67% | 58% | 67% | |
| Peers Win Rate | 50% | 46% | 60% | 73% | 63% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| CTRE Max Drawdown | -7% | -28% | -3% | -9% | -8% | -0% | |
| Peers Max Drawdown | -14% | -21% | -8% | -7% | -4% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[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] 2026 data is for the year up to 3/10/2026 (YTD)
How Low Can It Go
| Event | CTRE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -33.6% | -25.4% |
| % Gain to Breakeven | 50.6% | 34.1% |
| Time to Breakeven | 707 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -65.7% | -33.9% |
| % Gain to Breakeven | 191.2% | 51.3% |
| Time to Breakeven | 274 days | 148 days |
| 2018 Correction | ||
| % Loss | -34.4% | -19.8% |
| % Gain to Breakeven | 52.5% | 24.7% |
| Time to Breakeven | 199 days | 120 days |
Compare to WELL, VTR, OHI, AHR, SBRA
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.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About CareTrust REIT (CTRE)
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.
AI Analysis | Feedback
- 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).
AI Analysis | Feedback
KPMG LLP
AI Analysis | Feedback
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.
AI Analysis | Feedback
Key Business Risks for CareTrust REIT (CTRE)
- 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.
- 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.
- 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.
AI Analysis | Feedback
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.
AI Analysis | Feedback
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.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to CTRE.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | KRC | Kilroy Realty | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02202026 | AAT | American Assets Trust | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.2% | -0.2% | -1.5% |
| 12122025 | LINE | Lineage | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 11.7% | 11.7% | -7.3% |
| 11302025 | OHI | Omega Healthcare Investors | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 6.7% | 6.7% | -6.0% |
| 10312025 | ADC | Agree Realty | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 11.8% | 11.8% | -2.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 50.64 |
| Mkt Cap | 11.9 |
| Rev LTM | 1,725 |
| Op Inc LTM | 310 |
| FCF LTM | 629 |
| FCF 3Y Avg | 527 |
| CFO LTM | 636 |
| CFO 3Y Avg | 534 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.8% |
| Rev Chg 3Y Avg | 12.1% |
| Rev Chg Q | 18.9% |
| QoQ Delta Rev Chg LTM | 4.5% |
| Op Mgn LTM | 24.4% |
| Op Mgn 3Y Avg | 23.8% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 36.6% |
| CFO/Rev 3Y Avg | 36.0% |
| FCF/Rev LTM | 35.9% |
| FCF/Rev 3Y Avg | 35.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 11.9 |
| P/S | 9.5 |
| P/EBIT | 35.7 |
| P/E | 84.1 |
| P/CFO | 23.6 |
| Total Yield | 4.0% |
| Dividend Yield | 1.9% |
| FCF Yield 3Y Avg | 4.9% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 6.5% |
| 3M Rtn | 8.0% |
| 6M Rtn | 22.0% |
| 12M Rtn | 40.8% |
| 3Y Rtn | 140.2% |
| 1M Excs Rtn | 8.7% |
| 3M Excs Rtn | 8.4% |
| 6M Excs Rtn | 16.4% |
| 12M Excs Rtn | 24.0% |
| 3Y Excs Rtn | 59.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Investments in healthcare-related real estate properties | 296 | ||||
| Single Segment | 218 | ||||
| Interest and other income | 9 | 2 | 3 | ||
| Rental income | 188 | 190 | 174 | ||
| Independent living facilities | 0 | 2 | |||
| Total | 296 | 218 | 196 | 192 | 178 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Investments in healthcare-related real estate properties | 125 | ||||
| Total | 125 |
Price Behavior
| Market Price | $39.97 | |
| Market Cap ($ Bil) | 8.9 | |
| First Trading Date | 05/29/2014 | |
| Distance from 52W High | -2.8% | |
| 50 Days | 200 Days | |
| DMA Price | $38.28 | $34.24 |
| DMA Trend | up | up |
| Distance from DMA | 4.4% | 16.7% |
| 3M | 1YR | |
| Volatility | 22.0% | 21.2% |
| Downside Capture | -75.37 | -24.50 |
| Upside Capture | -34.07 | 29.15 |
| Correlation (SPY) | -22.7% | 13.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.90 | -0.45 | -0.43 | 0.02 | 0.16 | 0.31 |
| Up Beta | 0.31 | 0.08 | 0.04 | 0.55 | 0.27 | 0.28 |
| Down Beta | -1.81 | -0.46 | -0.57 | 0.06 | 0.16 | 0.31 |
| Up Capture | -28% | -15% | -18% | 13% | 22% | 19% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 14 | 25 | 37 | 71 | 144 | 404 |
| Down Capture | -187% | -117% | -90% | -51% | -33% | 40% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 7 | 16 | 24 | 52 | 105 | 338 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CTRE | |
|---|---|---|---|---|
| CTRE | 61.5% | 21.1% | 2.17 | - |
| Sector ETF (XLRE) | 3.4% | 16.3% | 0.03 | 41.0% |
| Equity (SPY) | 18.7% | 19.1% | 0.77 | 13.3% |
| Gold (GLD) | 79.6% | 26.2% | 2.22 | 6.8% |
| Commodities (DBC) | 19.2% | 17.2% | 0.88 | 3.7% |
| Real Estate (VNQ) | 5.3% | 16.4% | 0.14 | 41.4% |
| Bitcoin (BTCUSD) | -20.4% | 45.5% | -0.36 | -0.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CTRE | |
|---|---|---|---|---|
| CTRE | 17.9% | 24.0% | 0.66 | - |
| Sector ETF (XLRE) | 6.5% | 19.0% | 0.24 | 55.2% |
| Equity (SPY) | 13.7% | 17.0% | 0.64 | 34.3% |
| Gold (GLD) | 24.5% | 17.2% | 1.16 | 11.7% |
| Commodities (DBC) | 11.6% | 19.0% | 0.50 | 7.3% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 57.3% |
| Bitcoin (BTCUSD) | 6.5% | 56.8% | 0.33 | 11.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CTRE | |
|---|---|---|---|---|
| CTRE | 18.6% | 35.1% | 0.58 | - |
| Sector ETF (XLRE) | 7.1% | 20.4% | 0.31 | 56.2% |
| Equity (SPY) | 14.9% | 17.8% | 0.72 | 42.4% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | 8.0% |
| Commodities (DBC) | 8.9% | 17.6% | 0.42 | 18.4% |
| Real Estate (VNQ) | 5.9% | 20.7% | 0.25 | 61.7% |
| Bitcoin (BTCUSD) | 66.0% | 66.8% | 1.05 | 15.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/12/2026 | -0.3% | -0.2% | |
| 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% |
| 2/12/2025 | 3.7% | 0.2% | 11.1% |
| 10/29/2024 | 2.8% | -3.4% | -6.3% |
| 8/2/2024 | -1.9% | 1.6% | 7.7% |
| 5/2/2024 | -1.3% | -3.0% | 1.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 16 |
| # Negative | 13 | 12 | 7 |
| Median Positive | 1.3% | 2.5% | 4.9% |
| Median Negative | -1.1% | -2.5% | -4.2% |
| Max Positive | 10.3% | 8.7% | 31.2% |
| Max Negative | -7.0% | -10.1% | -6.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/12/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/12/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/09/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.