CareTrust REIT, Inc. (NYSE:CTRE) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts rate CTRE “Moderate Buy” overall: 10 of 15 analysts recommend buying, one rates it a strong buy, and four recommend holding; the average 12-month price target is $43.64.
• Quarterly results beat estimates: CareTrust reported FFO of $0.54 per share versus the $0.52 consensus and revenue of about $176.4 million. It projected 2026 normalized FFO of $2.08–$2.09 per share.
• The company’s quarterly dividend is $0.39 per share, or $1.56 annualized, representing a yield of about 4.1% at the article’s cited share price.

Shares of CareTrust REIT, Inc. (NYSE:CTRE - Get Free Report) have received an average rating of "Moderate Buy" from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $43.64.

A number of equities analysts recently issued reports on CTRE shares. Wedbush set a $44.00 target price on CareTrust REIT in a report on Tuesday, October 13th. Wall Street Zen downgraded CareTrust REIT from a "hold" rating to a "sell" rating in a report on Saturday. UBS Group reduced their target price on CareTrust REIT from $48.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday, October 13th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $43.00 price target on shares of CareTrust REIT in a research report on Monday, October 5th. Finally, Weiss Ratings cut CareTrust REIT from a "buy (b+)" rating to a "buy (b)" rating in a research note on Monday, October 12th.

CareTrust REIT News Summary

Here are the key news stories impacting CareTrust REIT this week:

• Positive Sentiment: Third-quarter FFO was $0.54 per share, above the $0.52 consensus and up from $0.45 a year earlier. Revenue reached $176.4 million, also topping estimates cited in the reports. The earnings and revenue beats support the case for improving performance. CareTrust REIT Q3 FFO and Revenues Beat Estimates
• Positive Sentiment: CareTrust projected 2026 normalized FFO of $2.08–$2.09 per share. The outlook offers investors a forward earnings benchmark; the company also expects LNT conversions to RIDEA to begin in 2027. CareTrust projects 2026 normalized FFO per share
• Neutral Sentiment: CareTrust was included among five REITs highlighted for generous dividends after favorable third-quarter results. This may reinforce its appeal to income-focused investors, though the article does not report a dividend increase. 5 REIT Stocks With Generous Dividends to Consider After Q3 Earnings

CareTrust REIT Trading Up 0.1%

Shares of NYSE:CTRE opened at $38.26 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.08 and a current ratio of 3.08. The stock has a market capitalization of $9.04 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 1.36 and a beta of 0.77. CareTrust REIT has a 1-year low of $34.74 and a 1-year high of $43.62. The company has a 50 day moving average price of $37.28 and a 200 day moving average price of $38.98.

CareTrust REIT (NYSE:CTRE - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. CareTrust REIT had a return on equity of 8.08% and a net margin of 59.18%. The company had revenue of $176.36 million for the quarter. On average, research analysts anticipate that CareTrust REIT will post 2.07 EPS for the current fiscal year.

CareTrust REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.56 dividend on an annualized basis and a yield of 4.1%. CareTrust REIT's dividend payout ratio is currently 98.11%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CTRE. BlackRock Inc. acquired a new stake in CareTrust REIT during the 2nd quarter worth about $1,643,290,000. Deutsche Bank AG purchased a new position in CareTrust REIT during the 2nd quarter valued at about $143,963,000. Dimensional Fund Advisors LP grew its stake in CareTrust REIT by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,333,252 shares of the company's stock valued at $122,164,000 after acquiring an additional 61,417 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of CareTrust REIT in the 2nd quarter valued at about $102,162,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of CareTrust REIT by 35,170.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,411,896 shares of the company's stock valued at $56,970,000 after purchasing an additional 1,407,893 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

About CareTrust REIT

CareTrust REIT, Inc is a real estate investment trust that owns and invests in healthcare-related properties, with a focus on skilled nursing facilities and senior housing. Its portfolio also includes assisted living and other properties that serve older adults and people requiring healthcare services.

The company primarily works with healthcare operators through long-term property leases and other real estate investments. CareTrust's properties are located across the United States, and the company has expanded its investments into the United Kingdom.

CareTrust became an independent publicly traded company in 2014 after separating from The Ensign Group, a healthcare services provider.

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