CareTrust REIT (CTRE) Stock Price, News & Analysis

Company Overview

CareTrust REIT, Inc. is a real estate investment trust (REIT) that focuses on acquiring, owning and operating a diversified portfolio of healthcare real estate assets across the United States. Headquartered in Nashville, Tennessee, the company invests primarily in long-term care and senior housing facilities, as well as medical office buildings and outpatient care centers. CareTrust REIT structures its relationships through triple-net leases with high-quality operators, ensuring predictable cash flows and long-term contractual rental income.

The company’s portfolio includes skilled nursing facilities, assisted living communities, independent living properties and medical office buildings. CareTrust REIT works closely with leading healthcare providers and senior living operators to develop and maintain modern facilities that cater to a growing aging population. Its investments often involve newly constructed or recently renovated properties, which are designed to meet evolving standards for patient care, regulatory compliance and resident comfort.

CareTrust REIT was formed in 2016 as a spin-off from Omega Healthcare Investors, Inc., and has since grown its footprint to include properties in more than 30 states. The company’s strategic acquisitions and disciplined underwriting process have enabled it to expand into markets ranging from coastal metropolitan areas to smaller secondary markets. By focusing on regions with strong demographic trends and favorable reimbursement environments, CareTrust REIT aims to support sustainable occupancy rates and tenant demand.

Led by President and Chief Executive Officer Thomas E. DeRosa, CareTrust REIT’s management team brings extensive experience in healthcare real estate and capital markets. The company maintains a conservative approach to leverage and asset valuation, emphasizing transparent governance and effective capital allocation. As the healthcare real estate sector continues to evolve, CareTrust REIT seeks to capitalize on opportunities in senior housing, post-acute care and outpatient services while maintaining a balanced risk profile.

Key Stats

• Today's Range: $30.26 to $30.79
• 50-Day Range: $28.04 to $30.69
• 52-Week Range: $24.79 to $33.15
• Volume: 3.08 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $5.84 billion
• P/E Ratio: 38.58
• Dividend Yield: 4.40%
• Price Target: $31.17
• Consensus Rating: Moderate Buy

CareTrust REIT Stock Analysis - MarketRank™

CareTrust REIT scored higher than 55% of companies evaluated by MarketBeat, and ranked 548th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

CareTrust REIT has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 12.87%

Earnings Growth

Earnings for CareTrust REIT are expected to grow by 12.87% in the coming year, from $1.71 to $1.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CareTrust REIT is 38.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.08.

Price to Earnings Ratio vs. Sector

The P/E ratio of CareTrust REIT is 38.58, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.93.

Price to Earnings Growth Ratio

CareTrust REIT has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CareTrust REIT has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.23% of the float of CareTrust REIT has been sold short.

Short Interest Ratio / Days to Cover

CareTrust REIT has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CareTrust REIT has recently decreased by 9.07%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

CareTrust REIT is a leading dividend payer. It pays a dividend yield of 4.38%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CareTrust REIT has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of CareTrust REIT is 145.65%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 69.43% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.23% of the float of CareTrust REIT has been sold short.

Short Interest Ratio / Days to Cover

CareTrust REIT has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CareTrust REIT has recently decreased by 9.07%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.10

News Sentiment

CareTrust REIT has a news sentiment score of 1.10. 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 is a higher news sentiment than the 0.85 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for CareTrust REIT this week, compared to 8 articles on an average week.

Search Interest

9 people have searched for CTRE on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

4 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CareTrust REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.51% of the stock of CareTrust REIT is held by insiders.

Percentage Held by Institutions

87.77% of the stock of CareTrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CTRE Stock Analysis - Frequently Asked Questions

How have CTRE shares performed this year?

CareTrust REIT's stock was trading at $27.05 at the beginning of the year. Since then, CTRE stock has increased by 12.7% and is now trading at $30.4740.
View the best growth stocks for 2025 here.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) announced its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.12. CareTrust REIT had a trailing twelve-month return on equity of 5.59% and a net margin of 42.22%.

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.

What other stocks do shareholders of CareTrust REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CareTrust REIT investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Voya Infrastructure, Industrials and Materials Fund (IDE), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 2/12/2025
• Record date for 4/15 Dividend: 3/31/2025
• Ex-Dividend for 4/15 Dividend: 3/31/2025
• Dividend Payable: 4/15/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Today: 7/02/2025
• Dividend Payable: 7/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:CTRE
• Previous Symbol: NASDAQ:CTREV
• CIK: 1590717
• Web: www.caretrustreit.com
• Phone: (949) 542-3130
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.17
• High Stock Price Target: $34.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +2.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.92
• Trailing P/E Ratio: 38.58
• Forward P/E Ratio: 17.82
• P/E Growth: 1.25
• Net Income: $125.08 million
• Net Margins: 42.22%
• Pretax Margin: 41.99%
• Return on Equity: 5.59%
• Return on Assets: 4.39%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 3.82
• Quick Ratio: 3.82

Sales & Book Value

• Annual Sales: $246.41 million
• Price / Sales: 23.71
• Cash Flow: $1.31 per share
• Price / Cash Flow: 23.35
• Book Value: $15.51 per share
• Price / Book: 1.96

Miscellaneous

• Outstanding Shares: 191,689,000
• Free Float: 184,378,000
• Market Cap: $5.84 billion
• Optionable: Optionable
• Beta: 0.83