CareTrust REIT sees FY25 normalized FFO $1.76-$1.77, consensus $1.81

The Company updated guidance for 2025, with Chief Financial Officer, Bill Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.41 to $1.42, normalized FFO of approximately $1.76 to $1.77, and normalized FAD of approximately $1.76 to $1.77. Wagner commented, “Updated guidance is primarily the result of a duration gap between our equity raise and deploying that capital to fund recent deals, as well as G&A at our high end as we continue to make investments in our team. With another sizeable pipeline at our doorstep and a large opportunity set in 2026 and beyond, particularly as we look to add SHOP to our portfolio, we wanted to make sure we had ample liquidity heading into what is shaping up to be another exciting year. The fundamentals remain strong and should provide a compelling launch point in 2026.”