Caretrust REIT Company Profile (NASDAQ:CTRE)

About Caretrust REIT (NASDAQ:CTRE)

Caretrust REIT logoCareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities. As of December 31, 2016, the 93 facilities leased to The Ensign Group, Inc. had a total of 9,916 beds and units and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington; the 16 facilities leased to affiliates of Pristine Senior Living, LLC had a total of 1,488 beds and units; and the 42 remaining leased properties had a total of 3,515 beds and units and are located in California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Maryland, Michigan, Minnesota, North Carolina, Texas, Virginia, Washington and Wisconsin.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Healthcare Facilities
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CTRE
  • CUSIP: N/A
  • Web: www.caretrustreit.com
Capitalization:
  • Market Cap: $1.33 billion
  • Outstanding Shares: 72,550,000
Average Prices:
  • 50 Day Moving Avg: $17.63
  • 200 Day Moving Avg: $15.81
  • 52 Week Range: $12.53 - $18.76
P/E:
  • Trailing P/E Ratio: 32.96
  • Foreward P/E Ratio: 26.23
  • P/E Growth: 0.97
Sales & Book Value:
  • Annual Revenue: $111.66 million
  • Price / Sales: 11.93
  • Book Value: $7.75 per share
  • Price / Book: 2.37
Dividend:
  • Dividend Yield: 4.0%
Profitability:
  • EBIDTA: $91.06 million
  • Net Margins: 28.04%
  • Return on Equity: 7.62%
  • Return on Assets: 3.54%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 1.10%
  • Quick Ratio: 1.10%
Misc:
  • Average Volume: 664,934 shs.
  • Beta: 0.93
  • Short Ratio: 1.61
 

Frequently Asked Questions for Caretrust REIT (NASDAQ:CTRE)

What is Caretrust REIT's stock symbol?

Caretrust REIT trades on the NASDAQ under the ticker symbol "CTRE."

How often does Caretrust REIT pay dividends? What is the dividend yield for Caretrust REIT?

Caretrust REIT declared a quarterly dividend on Thursday, March 16th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.185 per share on Friday, April 14th. This represents a $0.74 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date is Wednesday, March 29th. This is a boost from Caretrust REIT's previous quarterly dividend of $0.17. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) announced its quarterly earnings data on Tuesday, February, 7th. The company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. The company earned $28.20 million during the quarter, compared to analysts' expectations of $27.36 million. Caretrust REIT had a return on equity of 7.62% and a net margin of 28.04%. Caretrust REIT's quarterly revenue was up 24.8% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS. View Caretrust REIT's Earnings History.

What guidance has Caretrust REIT issued on next quarter's earnings?

Caretrust REIT updated its FY17 earnings guidance on Tuesday, May, 2nd. The company provided EPS guidance of $1.17-1.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.19.

Where is Caretrust REIT's stock going? Where will Caretrust REIT's stock price be in 2017?

8 equities research analysts have issued 1 year price targets for Caretrust REIT's stock. Their predictions range from $16.00 to $19.00. On average, they anticipate Caretrust REIT's share price to reach $17.33 in the next twelve months. View Analyst Ratings for Caretrust REIT.

What are analysts saying about Caretrust REIT stock?

Here are some recent quotes from research analysts about Caretrust REIT stock:

  • 1. According to Zacks Investment Research, "CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States. " (5/16/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: May 03, 2017, 05:14 ET Date and time of production: May 03, 2017, 04:59 ET Target Price / Valuation Methodology: CareTrust REIT – CTRE Our $19 PT represents a blended 30% premium to our forward Net Asset Value per share estimate and a 14.6x FFO multiple applied to our $1.35 2018 FFO/sh estimate." (5/3/2017)

Are investors shorting Caretrust REIT?

Caretrust REIT saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 1,437,158 shares, an increase of 38.0% from the March 31st total of 1,041,214 shares. Based on an average daily volume of 602,849 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.2% of the shares of the company are short sold.

Who are some of Caretrust REIT's key competitors?

Who owns Caretrust REIT stock?

Caretrust REIT's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.57%), BlackRock Inc. (12.77%), FMR LLC (8.70%), Bank of New York Mellon Corp (3.70%), State Street Corp (2.40%) and Heartland Advisors Inc. (2.31%). View Institutional Ownership Trends for Caretrust REIT.

Who sold Caretrust REIT stock? Who is selling Caretrust REIT stock?

Caretrust REIT's stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Wellington Management Group LLP, Morgan Stanley, AQR Capital Management LLC, Emerald Mutual Fund Advisers Trust, JPMorgan Chase & Co., Opus Capital Group LLC and Boston Partners. View Insider Buying and Selling for Caretrust REIT.

Who bought Caretrust REIT stock? Who is buying Caretrust REIT stock?

Caretrust REIT's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Goldman Sachs Group Inc., Vanguard Group Inc., Bank of America Corp DE, Westpac Banking Corp, Renaissance Technologies LLC and State Street Corp. View Insider Buying and Selling for Caretrust REIT.

How do I buy Caretrust REIT stock?

Shares of Caretrust REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Caretrust REIT stock cost?

One share of Caretrust REIT stock can currently be purchased for approximately $18.36.

Analyst Ratings

Consensus Ratings for Caretrust REIT (NASDAQ:CTRE) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $17.33 (5.59% downside)

Analysts' Ratings History for Caretrust REIT (NASDAQ:CTRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017Raymond James Financial, Inc.Reiterated RatingOutperform$17.00 -> $19.00LowView Rating Details
5/15/2017BMO Capital MarketsSet Price TargetBuy$18.00LowView Rating Details
5/3/2017Canaccord GenuityReiterated RatingBuy$19.00LowView Rating Details
1/3/2017Royal Bank of CanadaDowngradeOutperform -> Sector Perform$16.00N/AView Rating Details
11/22/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
11/3/2016Barclays PLCReiterated RatingHold$16.00N/AView Rating Details
9/14/2016StephensInitiated CoverageOverweight$16.00N/AView Rating Details
7/26/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
9/10/2015KeyCorpInitiated CoverageOverweight$13.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Caretrust REIT (NASDAQ:CTRE)
Earnings by Quarter for Caretrust REIT (NASDAQ:CTRE)
Earnings History by Quarter for Caretrust REIT (NASDAQ:CTRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017Q4 2016$0.14$0.14$27.36 million$28.20 millionViewListenView Earnings Details
8/8/2016Q2$0.26$0.27$23.68 million$25.70 millionViewN/AView Earnings Details
5/11/2016Q1$0.26$0.11$22.21 million$23.67 millionViewListenView Earnings Details
2/11/2016Q4$0.24$0.25$18.63 million$22.60 millionViewListenView Earnings Details
11/5/2015Q315$0.19$0.02$15.83 million$18.00 millionViewN/AView Earnings Details
8/10/2015Q215$0.25$0.25$16.46 million$17.40 millionViewListenView Earnings Details
5/12/2015Q115$0.23$0.24$16.05 million$17.00 millionViewN/AView Earnings Details
2/11/2015Q414$0.29$0.25$15.91 million$16.08 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.30$0.33$15.88 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Caretrust REIT (NASDAQ:CTRE)
2017 EPS Consensus Estimate: $1.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.29$0.29$0.29
Q3 20171$0.31$0.31$0.31
Q4 20171$0.32$0.32$0.32
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Caretrust REIT (NASDAQ:CTRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/16/2017quarterly$0.194.33%3/29/20173/31/20174/14/2017
12/20/2016quarterly$0.174.41%12/28/201612/31/20161/13/2017
9/20/2016quarterly$0.174.69%9/28/20169/30/201610/14/2016
6/20/2016quarterly$0.175.01%6/28/20166/30/20167/15/2016
3/17/2016quarterly$0.175.66%3/29/20163/31/20164/15/2016
12/17/2015quarterly$0.165.63%12/29/201512/31/20151/15/2016
9/17/2015quarterly$0.165.4%9/28/20159/30/201510/15/2015
6/19/2015quarterly$0.164.69%6/26/20156/30/20157/31/2015
3/20/2015quarterly$0.164.7%3/27/20153/31/20154/15/2015
12/18/2014quarterly$0.134.06%12/29/201412/31/20141/15/2015
10/17/2014special$5.8810/31/201412/10/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Caretrust REIT (NASDAQ:CTRE)
Insider Ownership Percentage: 1.76%
Institutional Ownership Percentage: 77.45%
Insider Trades by Quarter for Caretrust REIT (NASDAQ:CTRE)
Institutional Ownership by Quarter for Caretrust REIT (NASDAQ:CTRE)
Insider Trades by Quarter for Caretrust REIT (NASDAQ:CTRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/16/2015Gary B SabinDirectorBuy20,000$10.25$205,000.00View SEC Filing  
1/12/2015Christopher R ChristensenDirectorSell174,396$11.82$2,061,360.72View SEC Filing  
1/7/2015Christopher R ChristensenDirectorSell115,000$11.71$1,346,650.00View SEC Filing  
1/6/2015Christopher R ChristensenDirectorSell58,221$11.63$677,110.23View SEC Filing  
1/5/2015Christopher R ChristensenDirectorSell26,701$11.78$314,537.78View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Caretrust REIT (NASDAQ:CTRE)
Latest Headlines for Caretrust REIT (NASDAQ:CTRE)
Source:
DateHeadline
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 23 at 4:16 PM
finance.yahoo.com logoStocks With Rising Composite Ratings: CareTrust REIT
finance.yahoo.com - May 18 at 4:28 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Given Outperform Rating at Raymond James Financial, Inc.
www.americanbankingnews.com - May 17 at 9:44 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - May 16 at 9:32 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) PT Set at $18.00 by BMO Capital Markets
www.americanbankingnews.com - May 15 at 2:34 PM
reuters.com logoBRIEF-Caretrust REIT prices $300 mln of senior notes due 2025
www.reuters.com - May 12 at 10:07 PM
finance.yahoo.com logoCareTrust REIT, Inc. Prices $300.0 Million of Senior Notes due 2025
finance.yahoo.com - May 10 at 4:45 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - May 9 at 3:50 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Caretrust REIT Inc Raised by KeyCorp (CTRE)
www.americanbankingnews.com - May 9 at 7:32 AM
finance.yahoo.com logoCareTrust REIT, Inc. Announces Launch of Offering of $300.0 Million of Senior Notes due 2025
finance.yahoo.com - May 8 at 9:39 AM
finance.yahoo.com logoEdited Transcript of CTRE earnings conference call or presentation 3-May-17 5:00pm GMT
finance.yahoo.com - May 6 at 7:58 AM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 4 at 11:18 PM
americanbankingnews.com logoCaretrust REIT's (CTRE) Buy Rating Reiterated at Canaccord Genuity
www.americanbankingnews.com - May 4 at 12:06 AM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Buy Rating from Canaccord Genuity
www.americanbankingnews.com - May 4 at 12:00 AM
americanbankingnews.com logo$30.26 Million in Sales Expected for Caretrust REIT Inc (CTRE) This Quarter
www.americanbankingnews.com - May 3 at 4:54 PM
finance.yahoo.com logoCareTrust REIT reports 1Q results
finance.yahoo.com - May 3 at 9:19 AM
finance.yahoo.com logoInvestor Network: CareTrust REIT Inc. to Host Earnings Call
finance.yahoo.com - May 3 at 9:19 AM
americanbankingnews.com logoCaretrust REIT (CTRE) Receives Daily News Sentiment Score of -0.01
www.americanbankingnews.com - May 2 at 11:02 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 2 at 7:24 PM
finance.yahoo.com logoCareTrust REIT Announces First Quarter 2017 Operating Results
finance.yahoo.com - May 2 at 7:07 PM
americanbankingnews.com logo Analysts Anticipate Caretrust REIT Inc (CTRE) to Post $0.28 EPS
www.americanbankingnews.com - May 1 at 1:34 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:28 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Affect Caretrust REIT (CTRE) Share Price
www.americanbankingnews.com - April 29 at 9:35 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 28 at 6:41 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 28 at 7:25 AM
finance.yahoo.com logoCareTrust REIT Schedules First Quarter 2017 Earnings Call for Wednesday, May 3, 2017
finance.yahoo.com - April 27 at 5:05 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 27 at 12:48 AM
finance.yahoo.com logoCTR Partnership, L.P. -- Moody's revises CareTrust's rating outlook to positive
finance.yahoo.com - April 24 at 4:26 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Earns News Sentiment Rating of -0.05
www.americanbankingnews.com - April 23 at 3:59 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Given News Sentiment Score of 0.38
www.americanbankingnews.com - April 20 at 8:59 PM
americanbankingnews.com logoZacks Investment Research Lowers Caretrust REIT Inc (CTRE) to Sell
www.americanbankingnews.com - April 18 at 9:57 PM
americanbankingnews.com logoCaretrust REIT's (CTRE) "Buy" Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - April 18 at 7:28 AM
americanbankingnews.com logoCaretrust REIT (CTRE) Receives Daily Coverage Optimism Rating of -0.12
www.americanbankingnews.com - April 16 at 1:01 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Receives Daily News Impact Score of 0.13
www.americanbankingnews.com - April 13 at 6:35 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Given "Buy" Rating at BMO Capital Markets
www.americanbankingnews.com - April 12 at 9:32 PM
finance.yahoo.com logoThe 5 Best Dividend Stocks of 2027
finance.yahoo.com - April 11 at 1:00 PM
finance.yahoo.com logoCareTrust REIT, Inc. : CTRE-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 1:00 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Expected to Post Quarterly Sales of $29.55 Million
www.americanbankingnews.com - April 9 at 7:49 AM
americanbankingnews.com logoZacks: Analysts Anticipate Caretrust REIT Inc (CTRE) Will Announce Earnings of $0.28 Per Share
www.americanbankingnews.com - April 7 at 10:24 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Short Interest Update
www.americanbankingnews.com - April 7 at 8:31 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 6 at 1:22 PM
nasdaq.com logoCTRE Crosses Above Average Analyst Target
www.nasdaq.com - March 31 at 4:43 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Given New $19.00 Price Target at Canaccord Genuity
www.americanbankingnews.com - March 30 at 8:54 PM
americanbankingnews.com logoBMO Capital Markets Reaffirms Buy Rating for Caretrust REIT Inc (CTRE)
www.americanbankingnews.com - March 20 at 10:30 PM
seekingalpha.com logoCareTrust May Be Another 'Cinderella Story'
seekingalpha.com - March 20 at 5:55 PM
finance.yahoo.com logoCareTrust REIT, Inc. Increases Quarterly Dividend to $0.185 per Share
finance.yahoo.com - March 16 at 5:54 PM
biz.yahoo.com logoCARETRUST REIT, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 2 at 9:49 AM
finance.yahoo.com logoCareTrust REIT Acquires Illinois Skilled Nursing Portfolio
finance.yahoo.com - March 2 at 9:49 AM
finance.yahoo.com logoCareTrust REIT Announces Director Appointment
finance.yahoo.com - March 1 at 1:20 PM
biz.yahoo.com logoCARETRUST REIT, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financi
biz.yahoo.com - March 1 at 1:20 PM

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Chart

Caretrust REIT (CTRE) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff