caretrust reit

wollt hier mal einen thread zu aufmachen nachdem ich gerade gesehen hab das meine order durch ist.
da ich gerade urlaub hab und mit tablet schreib halt ich mich mal kurz


kurz zusammengefasst was caretrust macht:
(aus http://investor.caretrustreit.com/financials.cfm schnell kopiert)
We are an independent publicly traded, self-administered, self-managed real estate investment trust (“REIT”) primarily engaged in the ownership, acquisition and leasing of healthcare-related properties.  

CareTrust REIT Expands Wisconsin Seniors Housing Portfolio
https://www.bloomberg.com/press-releases/...seniors-housing-portfolio

Auszug:
CareTrust REIT, Inc.
(NASDAQ:CTRE) announced today that it acquired two seniors housing communities
in the Milwaukee metropolitan area. The purchase price was approximately $26.1
million, inclusive of transaction costs. The two communities were added to
CareTrust REIT's existing master lease with New York-based operator Premier
Senior Living, LLC, which took over operations effective February 1, 2017.

“We are very pleased to add these quality properties to our portfolio and
expand our relationship with Premier," said Dave Sedgwick, CareTrust REIT's
Vice President of Operations. He noted that with the newly-acquired Wisconsin
assets, CareTrust REIT’s relationship with Premier Senior Living now covers
eight properties in Wisconsin, Michigan and North Carolina.  

CareTrust REIT Announces Fourth Quarter and Full Year 2016 Operating Results
https://www.bloomberg.com/press-releases/...ar-2016-operating-results

Auszug:

For the quarter, CareTrust REIT:

 * Posted net income of $0.14, normalized FFO of $0.28 and normalized FAD of
   $0.29, all per diluted weighted-average common share;
 * Raised $80.9 million net proceeds in an underwritten public equity
   offering;
 * Acquired four properties (consisting of three skilled nursing facilities
   and one skilled nursing campus) and initiated a new net-lease tenant
   relationship with Priority Management Group; and
 * Invested approximately $95.9 million (inclusive of transaction costs) at a
   blended initial cash yield of 8.9%.

For the full year 2016, CareTrust REIT:

 * Posted net income of $0.52, normalized FFO of $1.10 and normalized FAD of
   $1.17, all per diluted weighted-average common share;
 * Raised $186.7 million net proceeds in two underwritten public equity
   offerings;
 * Acquired 33 properties (consisting of 17 skilled nursing facilities, 13
   assisted living facilities, and three skilled nursing campuses), initiated
   seven new net-lease tenant relationships, and expanded four existing
   net-lease tenant relationships;
 * Made two preferred equity investments to develop two skilled nursing
   facilities, both of which are currently under construction;
 * Invested approximately $288.0 million (inclusive of transaction costs) at
   a blended initial cash yield of 9.0%; and
 * Garnered multiple credit rating increases, with Moody's raising both its
   corporate credit rating on CareTrust REIT and its rating on CareTrust
   REIT's 5.875% Senior Unsecured Notes to B1 (from B2), each with a stable
   outlook, and Standard & Poor's raising both its corporate credit rating on
   CareTrust to B+ (from B), with a stable outlook, and its issue rating on
   CareTrust REIT's 5.875% Senior Unsecured Notes to BB- (from B+).  

CareTrust REIT's (CTRE) CEO Greg Stapley on Q4 2016 Results - Earnings Call Transcript
http://seekingalpha.com/article/...ranscript?source=feed_all_articles

Auszug:

CareTrust REIT finished 2016 strong with an $84 million overnight in November and $96 million in new investments in December. We also continue to solidify our balance sheet adding 11 million under our ATM program in Q4 and reinvesting in sizeable percentage of earnings in new assets and revenues. For the full year, our total capital deployment was a record 288 million put out at an average to initial cash yield in excess of bank percent. We push well past the $100 million run-rate revenue milestone and cut the outstanding borrowings on our $400 million revolver to $95 million at year-end.

--------------------------------------------------

Thanks Mark. For the quarter, we are pleased to report that normalized FFO grew by 43% over the prior year quarter to 17.2 million and normalized FAD grew by 38% to 18 million. Normalized FFO per share grew by 12% over the prior year quarter to $0.28 and normalized FAD per share grew by 7.4% to $0.29. Given our most recent dividend at $0.17 per share, this equates to a payout ratio of 61% on FFO and 59% on FAD, which again represents one of the best covered dividends in the healthcare REIT sector.  

CareTrust REIT Acquires Illinois Skilled Nursing Portfolio
https://www.bloomberg.com/press-releases/...skilled-nursing-portfolio

Auszug:

CareTrust REIT, Inc.
(NASDAQ:CTRE) announced today that it acquired five skilled nursing facilities
in Illinois. The purchase price was approximately $29.2 million, inclusive of
transaction costs. In connection with the acquisition, CareTrust REIT entered
into a new tenant relationship with affiliates of Illinois-based WLC
Management Firm, LLC, which took over operations effective March 1, 2017.
...
The investment is scheduled to generate initial annual rent of $2.9 million,
for an initial cash yield of 10.0%. The new master lease carries an initial
term of fifteen years, with two five-year renewal options and CPI-based rent
escalators.  CareTrust REIT funded the acquisition with cash on hand.  

CareTrust REIT, Inc. Increases Quarterly Dividend to $0.185 per Share
https://www.bloomberg.com/press-releases/...vidend-to-0-185-per-share  

CareTrust REIT Announces First Quarter 2017 Operating Results
https://www.bloomberg.com/press-releases/...er-2017-operating-results


 + Posted net income of $0.15, normalized FFO of $0.29 and normalized FAD of
   $0.30, all per diluted weighted-average common share;
 + Sold 7.2 million shares under its at-the-market equity offering program,
   raising $109.8 million of gross proceeds which were used to fund
   acquisitions and reduce revolver borrowings to $27 million as of
   quarter-end;
 + Invested approximately $55.3 million (inclusive of transaction costs) at a
   blended initial cash yield of 9.2%, including five skilled nursing
   facilities and two assisted living and memory care facilities;
 + Further diversified its tenant base by expanding its net-lease
   relationship with Premier Senior Living and initiating a new net-lease
   tenant relationship with affiliates of WLC Management Firm; and
 + Reduced its run-rate debt-to-EBITDA ratio to 3.65x and its
   debt-to-enterprise value to 24%, each as of quarter-end.  

CareTrust REIT's (CTRE) CEO Gregory Stapley on Q1 2017 Results - Earnings Call Transcript
https://seekingalpha.com/article/...-results-earnings-call-transcript  

CareTrust REIT, Inc. Prices $300.0 Million of Senior Notes due 2025
https://www.bloomberg.com/press-releases/...-of-senior-notes-due-2025

CareTrust REIT, Inc.
(Nasdaq:CTRE) (“CareTrust REIT”) announced today that its wholly owned
subsidiaries CTR Partnership, L.P. and a corporate co-issuer, CareTrust
Capital Corp. (together, the “Issuers”), have priced the previously announced
underwritten public offering of $300.0 million aggregate principal amount of
unsecured senior notes due 2025 (the “New Notes”).
...  

CareTrust REIT Expands into New Mexico with the Acquisition of Two Skilled Nursing Facilities
https://www.bloomberg.com/press-releases/...killed-nursing-facilities

CareTrust REIT,  Inc.
(NASDAQ:CTRE) announced today that it acquired two skilled nursing facilities:
The Rio at Cabezon, a 136-bed facility located in Albuquerque, New Mexico, and
The Rio at Fox Hollow, a  126-bed facility located in Brownsville, Texas.  The
purchase price  was  approximately  $27.3 million,  inclusive  of  transaction
costs.

...

The investment is expected to generate an initial cash yield of 9.0%, based on
the aggregate going-in annual cash rent of $2.5 million under the terms of the
existing leases. The two existing leases have remaining terms of approximately
17 and 19  years, respectively, and  include a hybrid  of fixed and  CPI-based
rent escalators. CareTrust REIT funded the acquisition with cash on hand.  

CareTrust REIT Announces Second Quarter 2017 Operating Results
https://www.bloomberg.com/press-releases/...er-2017-operating-results

During the quarter, CareTrust REIT:

 * Posted net income of $0.03, normalized FFO of $0.28 and normalized FAD of
   $0.30, all per diluted weighted-average common share;

 * Sold 3.4 million shares under its at-the-market equity offering program,
   raising $63.9 million of gross proceeds which were used to fund
   acquisitions and reduce borrowings under its $400 million revolving credit
   facility to zero as of quarter-end;

 * Invested approximately $35.8 million (inclusive of transaction costs) at a
   blended initial cash yield of 9.3%, including three skilled nursing
   facilities and one assisted living and memory care facility;

 * Issued $300 million of new 5.25% senior notes due 2025, the net proceeds
   of which were used to redeem CareTrust REIT’s existing $260 million 5.875%
   senior notes due 2021 and repay borrowings under the revolving credit
   facility; and

 * Reduced its debt-to-EBITDA ratio to 3.72x and its debt-to-enterprise value
   to 22%, each as of quarter-end.

Laying the Groundwork for Future Growth

Greg Stapley, CareTrust REIT’s Chairman and Chief Executive Officer,  reported
that the company made significant progress  toward its long-term goals in  the
quarter. “We believe we have  laid the groundwork for  a solid second half  of
2017, and a great start  to 2018,” he said.

...  

CareTrust REIT Provides an Update on its Texas Properties
https://www.bloomberg.com/press-releases/...e-on-its-texas-properties

Mr. Stapley reported that  all CareTrust REIT assets  in the region have  thus
far escaped flooding and other material damage. Seven of CareTrust REIT’s  164
properties are located  directly in the  areas hit hardest  flooding and  high
winds, but only The Courtyard  Rehabilitation and Healthcare Center, a  56-bed
skilled nursing facility in Victoria, Texas which is operated by an  affiliate
of The Ensign Group (NASDAQ:ENSG), was materially impacted by the storm.  

CareTrust REIT Credit Ratings Upgraded by Moody’s Investors Service
https://www.bloomberg.com/press-releases/...moody-s-investors-service

Moody’s upgraded  the corporate family  credit rating  of
CareTrust to Ba3 from B1, with a continued positive outlook. At the same time,
Moody’s also  raised its  senior  unsecured rating  of CareTrust  REIT’s  $300
million 5.25% senior unsecured notes to Ba3 from B1, likewise with a continued
positive outlook. Among  other contributing factors,  Moody’s cited  CareTrust
REIT's improved credit and operating  metrics, achieved through a  combination
of strategic investments and a debt refinancing executed earlier in the year.

....

CareTrust REIT Completes Seven-Facility Skilled Nursing Portfolio Acquisition
in Idaho
https://www.bloomberg.com/press-releases/...olio-acquisition-in-idaho

CareTrust REIT Expands Virginia Seniors Housing Portfolio
https://www.bloomberg.com/press-releases/...seniors-housing-portfolio

CareTrust REIT Expands its Washington Portfolio
https://www.bloomberg.com/press-releases/...-its-washington-portfolio  

CareTrust REIT Expands in California
https://www.bloomberg.com/press-releases/...eit-expands-in-california

CareTrust REIT, Inc.
(NASDAQ:CTRE) announced today that it acquired three skilled nursing
facilities, and provided mortgage financing on a fourth facility, in Southern
California.

...  

CareTrust REIT Announces Third Quarter 2017 Operating Results
https://www.bloomberg.com/press-releases/...er-2017-operating-results

During the quarter and since, CareTrust REIT:

 * Posted net income of $0.15, normalized FFO of $0.28 and normalized FAD of
   $0.29, all per diluted weighted-average common share;
 * Invested approximately $214 million (inclusive of transaction costs) at a
   blended initial cash yield of 9.0%, acquiring 19 skilled nursing
   facilities and 4 assisted living and memory care facilities, and providing
   one mortgage financing;
 * Received an upgrade from Moody’s Investor Service to the Company’s
   corporate family credit rating to Ba3 from B1, with a continued positive
   outlook, as well as an upgrade to the senior unsecured rating of CareTrust
   REIT’s $300 million 5.25% senior unsecured notes to Ba3 from B1, also with
   a continued positive outlook;
 * Reduced its debt-to-EBITDA ratio to 4.5x and its debt-to-enterprise value
   to 26%, each as of quarter-end; and
 * Amended its lease with Pristine Senior Living to reduce Pristine’s
   portfolio from 16 to nine facilities and decrease the Company’s exposure
   to Pristine to 7.7% of annualized rental revenue, and amended it is lease
   with affiliates of Trillium Healthcare to re-let the seven relinquished
   facilities to Trillium.

...  

CareTrust REIT's (CTRE) CEO Gregory Stapley on Q3 2017 Results - Earnings Call Transcript
https://seekingalpha.com/article/...-results-earnings-call-transcript

 

CareTrust REIT Expands into Montana

https://www.bloomberg.com/press-releases/...reit-expands-into-montana

CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has acquired a 186-bed skilled nursing facility in Butte, Montana. The facility was added to CareTrust’s existing master lease with Salt Lake City-based Eduro Healthcare, LLC, which took over operations on February 1, 2018. 

 

CareTrust REIT Announces Fourth Quarter and Fiscal 2017 Operating Results 

https://www.bloomberg.com/press-releases/...al-2017-operating-results

CareTrust REIT's (CTRE) CEO Gregory Stapley on Q4 2017 Results - Earnings Call Transcript

https://seekingalpha.com/article/...-results-earnings-call-transcript

 

CareTrust REIT Raises Quarterly Dividend 10.8% to $0.205 per Share 

https://www.bloomberg.com/press-releases/...d-10-8-to-0-205-per-share

CareTrust REIT,  Inc. (NASDAQ:CTRE) announced today that  its Board of  Directors has increased  its quarterly common stock cash dividend from  $0.185 to $0.205 per common  share. 
The current dividend is  payable on April 13,  2018 to common stockholders  of record as of the close of business on March 30, 2018.

 

Why Caretrust REIT Inc Is a Dividend Investor's Dream

https://www.fool.com/investing/2018/04/03/...idend-investors-dre.aspx

To take it a step further, I think it has created a scenario where Caretrust has become a dream stock for dividend investors, paying a substantial yield that's well within its ability to maintain and setting a trend that could drive decades of growth. 

 

CareTrust REIT Credit Ratings Upgraded by S&P Global Ratings

https://www.bloomberg.com/press-releases/...ded-by-s-p-global-ratings

S&P Global Ratings raised  its corporate credit rating  on CareTrust REIT, Inc.  to BB- from  B+, with  a “stable” outlook.  At the  same time, the rating agency raised its issue-level rating on the company's  senior unsecured notes to BB  from BB-. 

...

CareTrust REIT  and its  senior  unsecured notes  are  also rated  by  Moody’s Investors Services which, on  October 2, 2017,  upgraded the corporate  family credit rating of CareTrust to Ba3 from B1, with a continued positive  outlook, and raised its senior unsecured rating on the company’s senior unsecured notes to Ba3 from B1.

 

CareTrust REIT Announces Addition of Two New Provider Relationships

https://www.bloomberg.com/press-releases/...ew-provider-relationships

CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has added Trio  Healthcare, Inc. and Hillstone Healthcare, Inc. to its growing portfolio of quality post-acute care providers. In the process, CareTrust successfully completed its previously-announced plan to re-tenant the remaining nine Ohio skilled nursing and assisted living facilities formerly leased to affiliates of Pristine Senior Living.

 

CareTrust REIT Announces First Quarter 2018 Operating Results; Revises Guidance Upward

https://www.bloomberg.com/press-releases/...s-revises-guidance-upward

For the quarter, CareTrust REIT reported:

  * Net income of $14.6 million, an increase of 42%, and net income per
    diluted weighted-average common share of $0.19, an increase of 27% over Q1
    2017;
  * Normalized FFO of $24.1 million, an increase of 25%, and normalized FFO
    per diluted weighted-average common share of $0.32, an increase of 10%
    over Q1 2017;
  * Normalized FAD of $24.9 million, an increase of 22%, and normalized FAD
    per diluted weighted-average common share of $0.33, an increase of 10%
    over Q1 2017;
  * Investments of approximately $47.4 million (inclusive of transaction
    costs) at a blended initial cash yield of 9%, acquiring six skilled
    nursing facilities in two separate transactions; and
  * A net debt-to-normalized EBITDA ratio of 4.6x and a debt-to-enterprise
    value of 37%, each as of quarter-end.

 

CareTrust REIT's (CTRE) CEO Gregory Stapley on Q1 2018 Results - Earnings Call Transcript

https://seekingalpha.com/article/...-results-earnings-call-transcript  

CareTrust REIT Expands into South Dakota

https://www.bloomberg.com/press-releases/...expands-into-south-dakota

CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 99-bed skilled nursing facility in Aberdeen, South Dakota, which was formerly operated by an affiliate of HCR ManorCare. Care Trust added the property to its existing master lease with Salt Lake City-based Eduro Healthcare, LLC. Eduro took over
operations on July 18, 2018, and has rechristened the facility Prairie Heights Healthcare Center.