CareTrust REIT Raises 2026 Guidance After Record US$900 Million Investment Quarter

Earnings
โดย Simply Wall St·US·Read original
Summary · why it matters

CareTrust REIT reported second-quarter 2026 revenue of US$161.35 million and net income of US$89 million, and raised full-year 2026 net income guidance to US$356 million–US$364 million, or about US$1.53–US$1.56 per share. Management highlighted nearly US$900 million of record second-quarter investment activity at an average yield of 8.9%, supporting stronger normalized FFO and FAD guidance. The company's May 2026 follow-on equity offering raised about US$509.4 million to help fund the accelerated investments across skilled nursing, seniors housing, and U.K. care homes. Simply Wall St community fair value estimates range from US$45.50 to US$86.28, implying a 17% upside at the lower end.

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