CareTrust REIT, Inc. (NYSE:CTRE) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• CareTrust REIT has a “Moderate Buy” consensus rating from 13 analysts, including nine buys, three holds, and one strong buy. The average 12-month price target is $44.82, above the reported share price of $39.90.
• The company reported quarterly EPS of $0.51, in line with estimates, on $161.35 million in revenue. Management issued fiscal 2026 EPS guidance of $2.03–$2.06.
• CareTrust REIT declared a quarterly dividend of $0.39, equivalent to $1.56 annually and a 3.9% yield; institutional investors own approximately 87.77% of the company.

CareTrust REIT, Inc. (NYSE:CTRE - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the thirteen research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $44.8182.

Several research firms have recently issued reports on CTRE. Citigroup restated a "market outperform" rating on shares of CareTrust REIT in a research report on Wednesday, June 10th. Raymond James Financial assumed coverage on CareTrust REIT in a report on Tuesday, June 16th. They issued an "outperform" rating and a $43.00 price objective for the company. Cantor Fitzgerald increased their target price on CareTrust REIT from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Monday, August 10th. Wells Fargo & Company raised their target price on CareTrust REIT from $42.00 to $47.00 and gave the stock an "overweight" rating in a report on Monday, June 1st. Finally, Zacks Research upgraded CareTrust REIT from a "strong sell" rating to a "hold" rating in a research report on Monday, May 25th.

CareTrust REIT Trading Up 0.6%

Shares of NYSE CTRE opened at $39.90 on Wednesday. The company's 50 day simple moving average is $40.55 and its 200 day simple moving average is $39.77. CareTrust REIT has a fifty-two week low of $32.79 and a fifty-two week high of $43.62. The firm has a market capitalization of $9.43 billion, a P/E ratio of 25.09, a P/E/G ratio of 1.56 and a beta of 0.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.57 and a quick ratio of 0.57.

CareTrust REIT (NYSE:CTRE - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.51. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. The firm had revenue of $161.35 million for the quarter. CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. On average, analysts predict that CareTrust REIT will post 2.05 EPS for the current year.

CareTrust REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, June 30th. CareTrust REIT's dividend payout ratio (DPR) is currently 98.11%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in CareTrust REIT by 7.5% in the 4th quarter. Principal Financial Group Inc. now owns 1,328,660 shares of the company's stock worth $48,044,000 after purchasing an additional 93,101 shares during the period. Greenland Capital Management LP bought a new position in CareTrust REIT during the 2nd quarter worth about $9,684,000. Jennison Associates LLC acquired a new stake in shares of CareTrust REIT in the 4th quarter valued at about $1,156,000. M&T Bank Corp acquired a new stake in shares of CareTrust REIT in the 4th quarter valued at about $894,000. Finally, Vanguard Group Inc. lifted its holdings in shares of CareTrust REIT by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 33,184,181 shares of the company's stock valued at $1,199,940,000 after purchasing an additional 210,965 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

About CareTrust REIT

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.

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