CareTrust REIT, Inc.
Close on Oct 19, 2026
- Market cap
- $8.40B
- P/E (TTM)
- 22.5
- Dividend yield
- 3.74%
About CareTrust REIT
Real Estate Investment Trusts, SIC 6798
CareTrust REIT is a self-administered real estate investment trust engaged in the ownership, acquisition, development, financing, and leasing of skilled nursing, senior housing, and related healthcare properties. The company generates revenue primarily by leasing skilled nursing facilities and senior housing communities to independent healthcare operators under triple-net lease agreements, where tenants assume property operational costs. It also originates secured mortgage loans, mezzanine loans, and preferred equity investments for healthcare operators, and maintains a senior housing operating platform where properties are operated by third-party property managers.
The company's real estate footprint spans 32 U.S. states and the United Kingdom, encompassing 407 owned skilled nursing and senior housing properties with 37,628 operational beds and units as of December 31, 2025. Rental income is most heavily concentrated in California, the United Kingdom, Texas, and Tennessee. The provided text details the firm's domestic and international property distribution but does not state where the company is headquartered.
Summary of the business section of CareTrust REIT's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CareTrust REIT, Inc.
- Founded
- 2014
- Headquarters
- Dana Point, CA
- Address
- 24901 Dana Point Harbor Dr, Suite A200 92629
- Phone
- (949) 542-3140
- Employees
- 43, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Costa Mesa, California
Stock & identifiers
- Ticker
- CTRE
- Exchange
- NYSE
- IPO date
- May 29, 2014
- Shares outstanding
- 236M, Aug 5, 2026
- Public float
- $6.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1590717
- CUSIP
- 14174T107
- ISIN
- US14174T1079
- LEI
- 5493001NVXE2B9GPLU96
- EIN
- 46-3999490
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David M. Sedgwick | President and CEO | 545,383 |
| James Callister | CIO and Secretary | 117,750 |
| Lauren Beale | Chief Accounting Officer | 70,006 |
| Derek J. Bunker | CFO and Treasurer | – |
| William M. Wagner | CFO and Treasurer | 290,522 |
| Anne Olson | Director | 23,155 |
| Gregory K. Stapley | Director | 1,185,647 |
| Spencer G. Plumb | Director | 45,777 |
| Diana Laing | Director | 36,771 |
| Careina D. Williams | Director | 23,155 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Sedgwick | $10.00M | $17.23M | $3.89M | $208 | $138 |
| FY2024 Mr. Sedgwick | $9.62M | $12.08M | $3.78M | $170 | $123 |
| FY2023 Mr. Sedgwick | $5.43M | $6.85M | $2.57M | $135 | $114 |
| FY2022 Mr. Sedgwick | $3.94M | $2.92M | $1.51M | $106 | $100 |
| FY2021 Mr. Sedgwick | $6.73M | $7.03M | $4.34M | $123 | $132 |
| FY2020 Mr. Sedgwick | $3.71M | $4.31M | $1.71M | $114 | $92 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 43 full-time employees (including our executive officers), none of whom is subject to a collective bargaining agreement.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 2, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 20, 2022 | Delisting | Notice of delisting from exchange (Form 25) |
| May 11, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 10, 2022 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 2, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 28, 2019 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 2, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 11, 2016 | Late filing | Notification of late filing |
| Oct 27, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 28, 2014 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jun 26, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 7, 2013 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |