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Dec 31, 2022
CareTrust REIT Q4 2022 Earnings Report
Reported operating results for the quarter and year ended December 31, 2022.
Key Takeaways
CareTrust REIT reported a net income of $14.4 million, normalized FFO of $37.0 million, and normalized FAD of $39.0 million for the fourth quarter of 2022. The company collected 95.5% of contractual rents and declared a quarterly dividend of $0.275 per share.
95.5% of contractual rents were collected.
Net income was reported at $14.4 million, with a net income per share of $0.15.
Normalized FFO stood at $37.0 million, or $0.38 per share.
A quarterly dividend of $0.275 per share was declared, representing approximately 69% payout ratio on normalized FAD.
Forward Guidance
CareTrust REIT's management discussed the business environment, the company's Q4 results, acquisition opportunities and disposition plans.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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