NYSE$CTRE

CareTrust REIT Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

CareTrust REIT reported fourth quarter results, including net income of $18.3 million and normalized FFO of $37.3 million.

CareTrust REIT announced Q4 2021 operating results, reporting 100% contractual rent collection, net income of $18.3 million, normalized FFO of $37.3 million, and a quarterly dividend of $0.265 per share.

  • 100% of contractual rents were collected.
  • Net income was $18.3 million, a 13.3% decrease over the prior year.
  • Normalized FFO was $37.3 million, a 9.0% increase over the prior year.
  • A quarterly dividend of $0.265 per share was declared, representing a payout ratio of approximately 65% on normalized FAD.

Headline financials

Total Revenue

$49.7M

Previous: $44.1M+12.7%
EPS (adj)

$0.39

Previous: $0.36+8.3%
Quarterly dividend per common share

$0.27

Previous: $0.25+6.0%
Net Income

$18.3M

Previous: $21.1M-13.3%
Operating Income

$18.3M

Previous: $21.1M-13.3%
Gross Profit

$48M

Previous: $42.9M+11.8%
Cash & Equivalents

$19.9M

Previous: $18.9M+5.2%
Total Assets

$1.64B

Previous: $1.5B+9.1%

Revenue & EPS history

CareTrust REIT · Revenue · Quarterly

$49.7M

Q4 2021+12.7%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Due to the early stage of the 2022 asset management plan, issuing guidance will be postponed until meaningful progress has been made.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.5%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+3.1%

Avg return

30 days after

58%

30 / 52 earnings

Positive

+11.7%

Q1 2020

Best reaction

-9.4%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.7%+7.5%-3.9%
Q4 2025-0.3%+0.0%-0.3%
Q3 2025-1.2%+1.4%+4.7%
Q1 2025+0.8%+1.4%+1.5%
Q4 2024+3.7%+1.5%+11.1%
Q3 2024+4.8%+3.4%-4.5%
Q2 2024+1.6%+1.6%+10.8%
Q1 2024+0.2%-0.2%+2.6%
Q4 2023+9.0%+9.3%+12.7%
Q3 2023+3.5%+7.0%+5.2%
Q2 2023+0.3%+0.8%+0.3%
Q1 2023+1.7%+1.5%+0.6%
Q4 2022-0.6%+0.3%-6.6%
Q3 2022-1.9%+3.4%+5.2%
Q2 2022-1.2%+2.3%-0.6%
Q1 2022-0.5%-4.8%+5.6%
Q4 2021-6.3%-6.9%-3.7%
Q3 2021+0.1%-1.6%+7.3%
Q2 2021+2.7%-1.1%-2.0%
Q1 2021+2.9%+1.6%+3.4%
Q4 2020+0.1%-0.7%+3.0%
Q3 2020+0.9%+9.1%+16.3%
Q2 2020+4.0%+5.1%+7.7%
Q1 2020+11.7%+8.5%+27.5%
Q4 2019+2.2%+0.7%-44.8%
Q3 2019-8.6%-12.2%-4.7%
Q2 2019-0.7%-0.5%+6.4%
Q1 2019-1.5%+0.6%-1.9%
Q4 2018+1.4%+2.6%+9.2%
Q3 2018+8.1%+10.5%+12.9%
Q2 2018+0.7%+5.6%+9.1%
Q1 2018+7.6%+7.0%+18.1%
Q4 2017-9.4%-9.6%-8.3%
Q3 2017-4.4%-4.7%-9.8%
Q2 2017+0.5%-0.7%+6.3%
Q1 2017-3.0%-0.8%+8.0%
Q4 2016+2.3%+2.0%-1.5%
Q3 2016-3.6%+0.6%+6.7%
Q2 2016+4.4%+5.9%+11.2%
Q1 2016-0.7%
Q4 2015+2.4%
Q3 2015-5.4%
Q2 2015-8.4%
Q1 2014+7.6%
Q1 2015+7.6%
Q4 2014-2.6%
Q1 2013+1.6%
Q3 2014+7.5%
Q3 2013+7.5%
Q2 2014-6.8%
Q4 2013-6.8%
Q2 2013-6.8%
Q4 2012
Q3 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro