CareTrust REIT Projects 2026 Normalized FFO of $2.08-$2.09 Amid Record Capital Investment
CareTrust REIT (CTRE) reported significant growth in its Q3 earnings, noting that normalized Funds From Operations (FFO) per share has increased by 20% compared to the previous year. The company has reached a milestone of approximately $2.9 billion invested across its three primary growth engines year-to-date, positioning the firm for continued momentum into 2027. Looking ahead, management projects normalized FFO per share for 2026 to fall within the range of $2.08 to $2.09. Furthermore, the company expects LNT conversions to RIDEA structures to commence in 2027, which is anticipated to serve as a significant driver for future performance.
Tickers: $CTRE