CareTrust REIT Management
Management criteria checks 2/4
CareTrust REIT's CEO is Dave Sedgwick, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is $5.43M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $11.28M. The average tenure of the management team and the board of directors is 7 years and 2.8 years respectively.
Key information
Dave Sedgwick
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CareTrust REIT: An Acquisition Titan That's Still A Buy For Long-Term Investors
Dec 18CareTrust REIT: Strong Fundamentals And Growth Potential - Buy
Dec 04CareTrust REIT: Looking For Healthcare Exposure? You Should Consider This REIT
Sep 24CareTrust REIT Surges: Riding High On Skilled Nursing Strength
Sep 10CareTrust REIT: A Growing REIT That Deserves A Spot In Your Portfolio
Jun 28CareTrust REIT: Solid Operational Performance, But I Don't Like The Capital Structure
Jun 21CareTrust REIT: This Near 5% Yielding Healthcare REIT Is A Great Long-Term Buy For Dividend Investors
Apr 06CareTrust REIT: Fat, Stable Yield With Upside
Feb 05CareTrust: High-Quality Business Attractively Valued
Nov 25Medical Properties Trust Vs. CareTrust REIT: One On The Rise, The Other In Decline
Sep 21CareTrust REIT: A Safer Alternative To Omega Healthcare Investors
Sep 14CareTrust REIT: Thesis Update After Q2 Results, Hold For Now
Aug 18CareTrust REIT: Decent Yield And Attractive Risk Profile
Jun 14CareTrust REIT: Opportunistic Capital Structure At The Right Moment
Jun 05CareTrust REIT: The Best Real Estate Investment In Senior Care
Feb 11CareTrust REIT declares $0.275 dividend
Dec 16CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT
Sep 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$99m |
| Jun 30 2024 | n/a | n/a | US$74m |
| Mar 31 2024 | n/a | n/a | US$63m |
| Dec 31 2023 | US$5m | US$800k | US$53m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$33m |
| Mar 31 2023 | n/a | n/a | US$55m |
| Dec 31 2022 | US$4m | US$700k | -US$8m |
| Sep 30 2022 | n/a | n/a | -US$4m |
| Jun 30 2022 | n/a | n/a | US$7m |
| Mar 31 2022 | n/a | n/a | US$8m |
| Dec 31 2021 | US$5m | US$495k | US$71m |
| Sep 30 2021 | n/a | n/a | US$74m |
| Jun 30 2021 | n/a | n/a | US$84m |
| Mar 31 2021 | n/a | n/a | US$82m |
| Dec 31 2020 | US$2m | US$450k | US$81m |
| Sep 30 2020 | n/a | n/a | US$80m |
| Jun 30 2020 | n/a | n/a | US$49m |
| Mar 31 2020 | n/a | n/a | US$49m |
| Dec 31 2019 | US$1m | US$345k | US$46m |
| Sep 30 2019 | n/a | n/a | US$41m |
| Jun 30 2019 | n/a | n/a | US$65m |
| Mar 31 2019 | n/a | n/a | US$59m |
| Dec 31 2018 | US$1m | US$315k | US$58m |
| Sep 30 2018 | n/a | n/a | US$44m |
| Jun 30 2018 | n/a | n/a | US$41m |
| Mar 31 2018 | n/a | n/a | US$30m |
| Dec 31 2017 | US$1m | US$285k | US$26m |
Compensation vs Market: Dave's total compensation ($USD5.43M) is below average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
CEO
Dave Sedgwick (48 yo)
3.8yrs
Tenure
US$5,430,306
Compensation
Mr. David M. Sedgwick, also known as Dave, has been Chief Executive Officer of CareTrust REIT, Inc. since January 1, 2022, serves as its Director since June 2022 and was its Chief Operating Officer since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | US$5.43m | 0.22% $ 11.3m | |
| CFO & Treasurer | 11yrs | US$2.66m | 0.15% $ 7.7m | |
| Chief Investment Officer & Secretary | 3.8yrs | US$2.47m | 0.051% $ 2.6m | |
| Director of Asset Management | no data | no data | no data | |
| Senior VP & Controller | 10.3yrs | no data | no data |
7.0yrs
Average Tenure
48yo
Average Age
Experienced Management: CTRE's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | US$5.43m | 0.22% $ 11.3m | |
| Independent Chairman of the Board | 5.9yrs | US$295.00k | 0.017% $ 858.7k | |
| Independent Director | 2.8yrs | US$220.00k | 0.0097% $ 490.2k | |
| Independent Director | 2.6yrs | US$215.00k | 0.0097% $ 490.2k | |
| Independent Director | 7.8yrs | US$215.00k | 0.022% $ 1.1m |
2.8yrs
Average Tenure
48yo
Average Age
Experienced Board: CTRE's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:32 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CareTrust REIT, Inc. is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Amanda Sweitzer | Baird |
| Steven Valiquette | Barclays |