CareTrust REIT (CTRE) Reports 38% FFO Growth in Q1 2026
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowCareTrust REIT (CTRE) reported a 38% year-over-year increase in normalized FFO for Q1 2026. The normalized FFO per share rose 14% to $0.48, prompting management to raise full-year guidance for both FFO and FAD. The company completed approximately $1.1 billion in year-to-date investments at a blended stabilized yield of roughly 8.9%. Additionally, CareTrust closed about $245 million of investments during the quarter, with a notable performance in skilled nursing and senior housing sectors.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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