Top-Rated Dividend StocksTop-Rated DividendNASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis → Your Money is Not Safe (From American Alternative) (Ad) Free CTRE Stock Alerts $23.69 -0.05 (-0.21%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$23.56▼$23.9850-Day Range$22.53▼$24.5352-Week Range$18.18▼$24.62Volume783,682 shsAverage Volume1.39 million shsMarket Capitalization$3.20 billionP/E Ratio48.35Dividend Yield4.90%Price Target$23.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside0.5% Downside$23.57 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth8.50%From $1.53 to $1.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.59 out of 5 starsFinance Sector708th out of 845 stocksReal Estate Investment Trusts Industry148th out of 179 stocks 1.4 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCareTrust REIT has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTRE. Previous Next 2.5 Dividend Strength Dividend LeadershipCareTrust REIT is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CareTrust REIT is 236.73%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, CareTrust REIT will have a dividend payout ratio of 69.88% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTRE. Previous Next 2.0 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CareTrust REIT this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for CTRE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CareTrust REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.75% of the stock of CareTrust REIT is held by insiders.Percentage Held by Institutions87.77% of the stock of CareTrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 8.50% in the coming year, from $1.53 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 48.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.54.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 48.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.58.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad American AlternativeYour Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…CLICK HERE TO GET YOUR GUIDE NOW About CareTrust REIT Stock (NASDAQ:CTRE)CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.Read More CTRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTRE Stock News HeadlinesApril 16, 2024 | msn.com8 REITs increase dividend payouts in March, says reportApril 15, 2024 | businesswire.comCareTrust REIT Achieves ISS ESG “Prime” Status for 2024April 19, 2024 | American Alternative (Ad)Your Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…April 15, 2024 | americanbankingnews.comContrasting Franklin Street Properties (NYSE:FSP) & CareTrust REIT (NASDAQ:CTRE)April 6, 2024 | seekingalpha.comCareTrust REIT: This Near 5% Yielding Healthcare REIT Is A Great Long-Term Buy For Dividend InvestorsApril 2, 2024 | seekingalpha.comCareTrust REIT invests $60M in acquisition of three California CCRCsApril 2, 2024 | businesswire.comCareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement CommunitiesMarch 28, 2024 | seekingalpha.comCareTrust REIT: 4.7% Yield And Long-Term Growth PotentialApril 19, 2024 | American Alternative (Ad)Your Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…March 18, 2024 | businesswire.comCareTrust REIT Raises Quarterly Dividend to $0.29 per ShareMarch 16, 2024 | finance.yahoo.comCTRE Jul 2024 30.000 putMarch 6, 2024 | msn.comCareTrust REIT buys three nursing facilities in Texas and MissouriMarch 6, 2024 | markets.businessinsider.comCareTrust REIT Acquires Three Skilled Nursing Facilities For Approx. $55.6 Mln In CashMarch 6, 2024 | businesswire.comCareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and MissouriFebruary 22, 2024 | wsj.comCareTrust REIT Inc.February 16, 2024 | markets.businessinsider.comRBC Capital Remains a Buy on CareTrust REIT (CTRE)February 13, 2024 | finance.yahoo.comCareTrust REIT, Inc. (NYSE:CTRE) Q4 2023 Earnings Call TranscriptFebruary 10, 2024 | msn.comA New Cause for Concern: CareTrust REIT Adds a New Cyber Security RiskFebruary 9, 2024 | seekingalpha.comCareTrust REIT, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 9, 2024 | msn.comCareTrust REIT Releases Q4 and Annual Financial UpdateFebruary 9, 2024 | msn.comCareTrust REIT (CTRE) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesFebruary 8, 2024 | finance.yahoo.comCareTrust REIT Inc. Reports Solid Year-End Earnings with Net Income Growth and Strong ...February 8, 2024 | finance.yahoo.comCareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating ResultsFebruary 8, 2024 | markets.businessinsider.comCareTrust REIT is about to announce its earnings — here's what Wall Street expectsFebruary 7, 2024 | seekingalpha.comCareTrust REIT: Buy The Drop On This Solid Dividend GrowerFebruary 5, 2024 | finance.yahoo.comNorthwind Group and Care Trust REIT Provide $105 Million in Mezzanine Loans Secured by 25 Skilled Nursing and Assisted Living Properties in Virginia and MissouriFebruary 2, 2024 | finance.yahoo.comCareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 9, 2024See More Headlines Receive CTRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CareTrust REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2022Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today4/19/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone(949) 542-3130FaxN/AEmployees17Year FoundedN/APrice Target and Rating Average Stock Price Target$23.57 High Stock Price Target$25.00 Low Stock Price Target$23.00 Potential Upside/Downside-0.5%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.49 Trailing P/E Ratio48.35 Forward P/E Ratio15.48 P/E GrowthN/ANet Income$53.74 million Net Margins24.67% Pretax Margin24.67% Return on Equity5.14% Return on Assets2.98% Debt Debt-to-Equity Ratio0.42 Current Ratio8.67 Quick Ratio8.67 Sales & Book Value Annual Sales$198.60 million Price / Sales16.10 Cash Flow$0.95 per share Price / Cash Flow24.97 Book Value$11.91 per share Price / Book1.99Miscellaneous Outstanding Shares134,993,000Free Float132,631,000Market Cap$3.20 billion OptionableOptionable Beta1.05 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. David M. Sedgwick (Age 48)CEO, President & Director Comp: $2.64MMr. William M. Wagner (Age 58)CFO & Treasurer Comp: $1.4MMr. James B. Callister (Age 48)Chief Investment Officer & Secretary Comp: $1.28MMr. Eric GillisDirector of Asset ManagementMs. Lauren BealeSenior VP & ControllerKey CompetitorsBlackstone Mortgage TrustNYSE:BXMTSabra Health Care REITNASDAQ:SBRASL Green RealtyNYSE:SLGCousins PropertiesNYSE:CUZGranite Real Estate Inc. StapleNYSE:GRP.UView All CompetitorsInstitutional OwnershipSumitomo Mitsui Trust Holdings Inc.Bought 9,350 shares on 4/19/2024Ownership: 0.109%State of Alaska Department of RevenueBought 15,853 shares on 4/19/2024Ownership: 0.101%Allspring Global Investments Holdings LLCBought 895 shares on 4/18/2024Ownership: 0.017%AlphaMark Advisors LLCBought 6,425 shares on 4/18/2024Ownership: 0.007%Sound Income Strategies LLCBought 113,338 shares on 4/15/2024Ownership: 0.221%View All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTRE shares. View CTRE analyst ratings or view top-rated stocks. What is CareTrust REIT's stock price target for 2024? 7 brokerages have issued 12 month price objectives for CareTrust REIT's shares. Their CTRE share price targets range from $23.00 to $25.00. On average, they expect the company's share price to reach $23.57 in the next year. This suggests that the stock has a possible downside of 0.5%. View analysts price targets for CTRE or view top-rated stocks among Wall Street analysts. How have CTRE shares performed in 2024? CareTrust REIT's stock was trading at $22.38 on January 1st, 2024. Since then, CTRE shares have increased by 5.9% and is now trading at $23.69. View the best growth stocks for 2024 here. When is CareTrust REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CTRE earnings forecast. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) posted its quarterly earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.06. CareTrust REIT had a net margin of 24.67% and a trailing twelve-month return on equity of 5.14%. During the same period in the prior year, the company earned $0.36 EPS. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT declared a quarterly dividend on Monday, March 18th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.29 per share on Monday, April 15th. This represents a $1.16 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.28. Read our dividend analysis for CTRE. Is CareTrust REIT a good dividend stock? CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.94%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 236.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CTRE will have a dividend payout ratio of 69.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CTRE. What ETFs hold CareTrust REIT's stock? ETFs with the largest weight of CareTrust REIT (NASDAQ:CTRE) stock in their portfolio include Residential REIT ETF (HAUS), Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Low Volatility ETF (XSLV), SP Funds S&P Global REIT Sharia ETF (SPRE), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Financials ETF (PSCF), JPMorgan Realty Income ETF (JPRE) and iShares Residential and Multisector Real Estate ETF (REZ). What guidance has CareTrust REIT issued on next quarter's earnings? CareTrust REIT updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 1.430-1.450 for the period, compared to the consensus EPS estimate of 1.530. The company issued revenue guidance of -. What other stocks do shareholders of CareTrust REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other CareTrust REIT investors own include Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW). Who are CareTrust REIT's major shareholders? CareTrust REIT's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hazelview Securities Inc. (0.61%), Sound Income Strategies LLC (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), State of Alaska Department of Revenue (0.10%), Trust Co. of Toledo NA OH (0.02%) and Allspring Global Investments Holdings LLC (0.02%). View institutional ownership trends. How do I buy shares of CareTrust REIT? Shares of CTRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CTRE) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CareTrust REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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