CareTrust REIT(CTRE)
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Hybrid Power Solutions Partners with Tire Butler to Power Mobile Fleet
Thenewswire· 2025-09-25 12:30
Core Insights - Hybrid Power Solutions Inc. has partnered with Tire Butler, a leading mobile tire service provider in Canada, to utilize the Batt Pack Pro as the preferred power system for its fleet [1][3] - Tire Butler aims to replace traditional onboard generators with a cleaner, quieter, and more reliable power solution, which the Batt Pack Pro provides through its plug and play functionality and high surge power capacity [2][3] - The partnership emphasizes the growing demand for sustainable mobile services and positions both companies as leaders in the transition towards cleaner operational practices in the service and transportation industries [4] Company Overview - Tire Butler is recognized as North America's first premier at-home service provider for automotive goods and services, focusing on innovation, convenience, and trust [5] - The company offers a comprehensive range of services including tire swaps, storage, rotations, and balancing, catering to the needs of modern drivers [6] - Hybrid Power Solutions Inc. specializes in developing portable power systems aimed at eliminating fossil fuel dependency in off-grid applications, highlighting its commitment to environmental responsibility and technological innovation [7]
NexMetals Hits Multiple 200-Meter Intercepts of High-Grade Mineralization at the Selkirk Project in Botswana
Thenewswire· 2025-09-25 12:30
Core Insights - NexMetals Mining (NEXM) has released assay results from two additional drill holes in its metallurgical drilling program at the Selkirk Mine in Botswana, indicating significant mineralization and potential for resource expansion [1][3][8] Company Overview - NexMetals Mining acquired the Selkirk Mine in August 2022 and has been focused on de-risking the project to support future development decisions [3] - The Selkirk Mine is a past-producing copper-nickel-cobalt-platinum group elements mine located in Botswana, 28 kilometers southeast of Francistown [2] Drilling Program Results - The 12-hole drill program aimed to collect samples for metallurgical testing and validate legacy data, with the latest results showing wide intervals of continuous mineralization [3][8] - Notable results include drill hole SMET-25-004, which returned 210.00 meters of 1.06% CuEq, and drill hole SMET-25-001, which showed 45.00 meters of 0.69% CuEq [3][4][8] Mineral Resource Estimate - The current cut-off for the mineral resource estimate (MRE) is set at US$25.00 per tonne net smelter return, translating to 0.46% CuEq, indicating that any material above this cut-off could be mined [7][10] - The technical report revealed inferred mineral resources of 44.2 million tonnes at 0.30% copper, 0.24% nickel, 0.55 g/t palladium, and 0.12 g/t platinum, containing significant quantities of copper and nickel [10] Market Context - The demand for critical metals, particularly copper, has surged due to the green energy transformation, with copper prices increasing by 92% over the last five years [21] - Botswana is looking to diversify its economy beyond diamonds, with copper production being a key focus for economic diversification [18][19] Future Catalysts - Upcoming catalysts for NexMetals Mining include resource expansion, metallurgical results, and optimization efforts, which are expected to unlock the full value and long-term potential of the Selkirk mine [8][16]
CareTrust REIT: Making Hay While The Sun Shines
Seeking Alpha· 2025-09-25 12:30
Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]
CareTrust REIT Acquires Two Care Homes in the United Kingdom
Businesswire· 2025-09-24 10:00
Core Insights - CareTrust REIT, Inc. announced the acquisition of two care homes in the United Kingdom for approximately $27 million [1] - The homes consist of 265 beds primarily serving higher acuity residents and are leased to an existing operator under long-term triple-net leases [1] - The investment was funded using cash on hand, with a stabilized contractual yield on the investment [1]
CareTrust REIT Announces the Planned Retirement of Bill Wagner and Names Derek Bunker CFO Successor
Businesswire· 2025-09-23 20:12
Core Viewpoint - CareTrust REIT has announced the planned retirement of Bill Wagner and the appointment of Derek Bunker as the successor for the CFO position [1] Company Summary - Bill Wagner, the current CFO of CareTrust REIT, is set to retire, marking a significant leadership transition within the company [1] - Derek Bunker has been named as the successor to Bill Wagner, indicating a strategic move to ensure continuity in financial leadership [1]
A Covered Call On This REIT Could Generate Some Option Premiums
Investors· 2025-09-23 18:29
Core Viewpoint - CareTrust REIT (CTRE) is a strong performer in the REIT sector, offering a 4% annual dividend yield and a 25% increase in stock price this year, making it attractive for income investors [1][5] Summary by Sections Investment Strategy - A covered call strategy can be employed to enhance income from CareTrust REIT while slightly reducing risk on a long stock position, though it limits upside potential above the strike price [2] - Buying 100 shares of CareTrust would cost approximately $3,430, and a Jan. 16, 35-strike call option is trading around $1.25, generating $125 in premium per contract, equating to a 3.8% income in under four months, or 11.9% annualized [3] Profit Potential - If CareTrust stock closes above $35 at expiration, the total profit would be $195, resulting in a 5.9% return or 18.6% annualized [3] Risk Factors - The stock may drop, potentially negating gains from selling the call, and earnings are due to be reported in late November, introducing earnings risk [4] - CareTrust's implied volatility is currently at 22.15%, with a 12-month low of 13.25% and a high of 72.44% [4] Performance Ratings - Investor's Business Daily rates CareTrust with a Composite Rating of 91, an Earnings Per Share Rating of 92, and a Relative Strength Rating of 71, ranking first in its group [5]
CareTrust REIT: A Healthcare REIT To Benefit From The Next Decade's Trends
Seeking Alpha· 2025-09-22 12:48
As of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to switch to a value investing-focused YouTube channel, where I researched hundreds of different companies ...
CareTrust REIT Announces Quarterly Dividend of $0.335 per Share
Businesswire· 2025-09-15 20:05
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.335 per Share. ...
CareTrust REIT, Inc. (CTRE) Presents at BofA Securities 2025 Global Real Estate Conference
Seeking Alpha· 2025-09-09 23:21
PresentationThank you, everyone, for joining. We're at the top of the hour. We are now in the CareTrust REIT meeting. My name is Farrell Granath, and I'm co-lead with Jeff Spector for healthcare REITs and the BofA REIT team. I'm joined today by David Sedgwick, who is the CEO and President of CareTrust. And I will pass it over to you, Dave, for opening remarks and if you want to introduce any of your team members who I see are sitting on sides.David SedgwickCEO, President & Director Great. Well, hello, every ...
CareTrust REIT, Inc. (CTRE) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
Seeking Alpha· 2025-09-09 23:21
Core Points - CareTrust REIT was formed as a spin-off from the Ensign Group, which started as a nursing home company in California in 1999 [2] - The company went public in 2007 and recognized a need to separate its real estate assets to gain better market recognition, leading to the establishment of CareTrust REIT in June 2014 [2] Company Overview - CareTrust REIT focuses on acquiring and managing healthcare-related real estate, particularly in the nursing home sector [2] - The leadership team includes David Sedgwick as CEO and President, Bill Wagner as CFO, and Derek Bunker as SVP of Strategy and Finance [2]