NASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis $26.54 +0.29 (+1.10%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$26.38▼$26.6350-Day Range$24.64▼$27.1252-Week Range$19.43▼$27.32Volume1.58 million shsAverage Volume1.36 million shsMarket Capitalization$3.77 billionP/E Ratio51.04Dividend Yield4.37%Price Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside5.8% Downside$25.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.44Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth8.84%From $1.47 to $1.60 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.2.33 out of 5 starsFinance Sector597th out of 898 stocksReal Estate Investment Trusts Industry117th out of 181 stocks 1.3 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCareTrust REIT has only been the subject of 4 research reports in the past 90 days.Read more about CareTrust REIT's stock forecast and price target. 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 4.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CareTrust REIT is 223.08%. 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 72.50% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.Read more about CareTrust REIT's 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 3.6 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 1.44. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CareTrust REIT this week, compared to 3 articles on an average week.Search InterestOnly 1 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 Follows3 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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.Read more about CareTrust REIT's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 8.84% in the coming year, from $1.47 to $1.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 51.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 51.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CareTrust REIT's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.Click here to get The Crypto Bull Run Millionaire Blueprint 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 HeadlinesJuly 23 at 12:16 AM | stocknews.com3 Healthcare REITs With Strong Growth ProspectsJune 28, 2024 | stocknews.com3 High-Growth Healthcare REITs to WatchJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.June 28, 2024 | seekingalpha.comCareTrust REIT: A Growing REIT That Deserves A Spot In Your PortfolioJune 21, 2024 | seekingalpha.comCareTrust REIT: Solid Operational Performance, But I Don't Like The Capital StructureJune 17, 2024 | businesswire.comCareTrust REIT Announces Quarterly Dividend of $0.29 per ShareJune 4, 2024 | businesswire.comCareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 MillionJune 4, 2024 | businesswire.comCareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 ConferenceJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.June 3, 2024 | businesswire.comCareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 MillionJune 3, 2024 | businesswire.comCareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 MillionMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: CareTrust REIT (CTRE) and Equinix (EQIX)May 7, 2024 | msn.comCareTrust REIT, Inc. (NYSE:CTRE) Q1 2024 Earnings Call TranscriptMay 6, 2024 | finance.yahoo.comCareTrust REIT Inc (CTRE) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth and ...May 2, 2024 | investorplace.comCTRE Stock Earnings: CareTrust REIT Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | finance.yahoo.comCareTrust REIT Inc. Reports Q1 2024 Earnings: A Detailed AnalysisMay 2, 2024 | msn.comCareTrust REIT FFO of $0.35 misses by $0.01, revenue of $63.07M beats by $3.05MMay 2, 2024 | businesswire.comCareTrust REIT Announces First Quarter 2024 Operating ResultsSee 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 7/15 Dividend6/28/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Estimated)8/01/2024Fiscal 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$25.00 High Stock Price Target$27.00 Low Stock Price Target$23.00 Potential Upside/Downside-5.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio51.04 Forward P/E Ratio18.05 P/E GrowthN/ANet Income$53.74 million Net Margins27.47% Pretax Margin27.47% Return on Equity5.04% Return on Assets3.19% Debt Debt-to-Equity Ratio0.36 Current Ratio12.80 Quick Ratio12.80 Sales & Book Value Annual Sales$217.77 million Price / Sales17.31 Cash Flow$0.93 per share Price / Cash Flow28.39 Book Value$11.91 per share Price / Book2.23Miscellaneous Outstanding Shares142,060,000Free Float139,578,000Market Cap$3.77 billion OptionableOptionable Beta1.09 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for August 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsSITE CentersNYSE:SITCRetail Properties of AmericaNYSE:RPAIWashington Real Estate Investment TrustNYSE:WREAmerican Assets TrustNYSE:AATRLJ Lodging TrustNYSE:RLJView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 4,525 shares on 7/26/2024Ownership: 1.679%Bailard Inc.Bought 19,800 shares on 7/26/2024Ownership: 0.021%Allspring Global Investments Holdings LLCBought 6,281 shares on 7/26/2024Ownership: 0.021%Legato Capital Management LLCSold 30,891 shares on 7/26/2024Ownership: 0.017%Spirit of America Management Corp NYBought 5,000 shares on 7/25/2024Ownership: 0.004%View All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions How have CTRE shares performed this year? CareTrust REIT's stock was trading at $22.38 at the start of the year. Since then, CTRE stock has increased by 18.6% and is now trading at $26.54. View the best growth stocks for 2024 here. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) released its earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.06. CareTrust REIT had a net margin of 27.47% and a trailing twelve-month return on equity of 5.04%. Who are CareTrust REIT's major shareholders? CareTrust REIT's top institutional shareholders include Bank of New York Mellon Corp (1.68%), Raymond James & Associates (0.44%), Tributary Capital Management LLC (0.31%) and Sound Income Strategies LLC (0.26%). 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. 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 Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD) and Bristol-Myers Squibb (BMY). This page (NASDAQ:CTRE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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