Albert Anthony is the pen name / stage name of markets analyst, contributor & host of The Future Investor, on the global investor platform Seeking Alpha, where he has covered over +200 companies, provides general markets commentary, and rates stocks in multiple sectors, while having grown a fan base of over +1K followers since 2023. Going beyond the investor platform, he is also a hobby investor of his own home-based fund called The Future Investor Fund, and talks investor topics on his Future Investor Chan ...

A downtrend has been apparent in CareTrust REIT (CTRE) lately with too much selling pressure. The stock has declined 8.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for s ...

Since starting here on Seeking Alpha, I've pretty much been pounding the table telling investors CareTrust REIT (NYSE: CTRE ) was a buy. And this was due to their strong fundamentals and long growth runway.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence ...

Group 1 - CareTrust REIT (CTRE) has experienced significant selling pressure, resulting in a 6.3% decline in stock price over the past four weeks, but it is now considered to be in oversold territory with potential for recovery [1] - Wall Street analysts anticipate that CTRE will report better earnings than previously predicted, indicating a potential turnaround for the stock [1][4] - The Relative Strength Index (RSI) for CTRE is currently at 27.84, suggesting that the heavy selling may be exhausting itself and a price reversal could occur soon [3] Group 2 - Over the last 30 days, the consensus earnings per share (EPS) estimate for CTRE has increased by 0.2%, reflecting a positive trend in earnings estimate revisions [4] - CTRE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the stock's potential for a near-term turnaround [4]

I am bullish on CareTrust REIT (NYSE: CTRE ) and rate it a buy given its strong fundamentals and growth potential. The company has been exhibiting strong and consistent financial performanceI am an experienced financial analyst and a former writer for Fade The Market on Seeking Alpha, with a passion for numbers and a knack for unraveling complex financial data. Armed with a strong financial modeling and data analysis background, I thrive on providing accurate insights and recommendations to drive informed f ...

Group 1 - The United States is approaching an election, which may impact market dynamics and investor sentiment [1] - High Yield Landlord is an investment group led by Jussi Askola, focusing on real estate investment trusts (REITs) and providing real-time portfolio updates [2] - Jussi Askola is the President of Leonberg Capital, a firm that consults on REIT investing and has established connections with top REIT executives [2] Group 2 - The article emphasizes the importance of understanding the current market environment, especially with the upcoming election [1] - The investment group offers features such as multiple portfolios, buy/sell alerts, and direct access to analysts for investor inquiries [2]

Financial Data and Key Metrics Changes - Normalized FFO increased by 66% year-over-year to $60.9 million, while normalized FAD increased by 60% to $61.9 million [32] - On a per-share basis, normalized FFO rose by $0.03 to $0.38, and normalized FAD increased by $0.02 to $0.39 [32] - The company raised its guidance for normalized FFO per share from a range of $1.46 - $1.48 to $1.49 - $1.50, and for normalized FAD per share from $1.50 - $1.52 to $1.53 - $1.54 [34] Business Line Data and Key Metrics Changes - The company announced record-setting investments of approximately $917 million at an average stabilized yield of 9.4% [9] - Year-to-date investments and announced pending deals are projected to exceed $1.4 billion at an average stabilized yield of 9.3% [9][11] - The company has a pipeline of $700 million, primarily consisting of real estate acquisitions [11][24] Market Data and Key Metrics Changes - The skilled nursing transactions market remains active with strong deal flow, particularly from regional owner-operators and smaller independent owners [28] - Improvement in operating metrics, including occupancy, is noted, with increased interest in senior housing assets with AL Medicaid waiver components [30] Company Strategy and Development Direction - The company is focused on expanding its influence through strategic acquisitions and partnerships with proven operators [7][14] - A disciplined underwriting approach is maintained, emphasizing quality over growth for growth's sake [14][81] - The company is open to exploring opportunities in senior housing, contingent on finding suitable operators and deals [47] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of the operating environment and the potential for future growth driven by demographic trends [86][88] - The company anticipates a full-year impact of this year's investments to produce meaningful FFO per share growth without additional investments [40] Other Important Information - The company completed approximately $441 million of new investments during the third quarter, including a significant loan and preferred equity investment [21] - The net debt to EBITDA ratio reached an all-time low of 0.08 times, indicating strong financial health [38] Q&A Session Summary Question: Discussion on investment volume and deal structure - Management acknowledged that more complex deal structures have become necessary to close transactions, often facilitated through established relationships [43] Question: Mix of investments in the pipeline - The majority of the $200 million pipeline consists of real estate acquisitions, with minimal loan activity [45] Question: Interest in senior housing opportunities - Management is open to exploring senior housing opportunities if they meet specific criteria regarding size and operator quality [47] Question: Coverage of assets in the portfolio deal - The going-in coverage ratio for the new portfolio is just shy of 1, with stabilized pro forma expectations around 1.5 [51] Question: Competition in the acquisition market - The acquisition market remains competitive, with a narrow buyer pool, but management believes their established relationships provide a distinct advantage [54] Question: Nature of the joint venture structure - The joint venture includes a significant amount of preferred equity, with a call right for the company to acquire the entire venture in the future [56] Question: Confidence in managing risks associated with rapid growth - Management emphasized their consistent underwriting discipline and the importance of matching operators with the right deals [81] Question: Future reimbursement rates and their impact - Management expressed confidence in returning to a stable operating environment, with demographic trends supporting future growth despite potential normalization of reimbursement rates [86][88]

Financial Supplement 97 CARETRUST R E I T Third Quarter 2024 Disclaimers This supplement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the following: future financial and financing plans; strategies related to the Company's business and its portfolio, including acquisition opportunities and disposition plans; growth prospects, ...

For the quarter ended September 2024, CareTrust REIT (CTRE) reported revenue of $77.38 million, up 38.5% over the same period last year. EPS came in at $0.38, compared to $0.08 in the year-ago quarter. The reported revenue represents a surprise of +4.40% over the Zacks Consensus Estimate of $74.12 million. With the consensus EPS estimate being $0.38, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...

分组1 - CareTrust REIT reported quarterly funds from operations (FFO) of $0.38 per share, matching the Zacks Consensus Estimate and showing an increase from $0.35 per share a year ago [1] - The company achieved revenues of $77.38 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 4.40% and up from $55.88 million year-over-year [2] - CareTrust REIT shares have increased approximately 39.9% year-to-date, outperforming the S&P 500's gain of 22.1% [3] 分组2 - The current consensus FFO estimate for the upcoming quarter is $0.39 on revenues of $75.98 million, and for the current fiscal year, it is $1.48 on revenues of $283.63 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]