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: Healthcare REITs
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CTRE
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.45 billion
  • Outstanding Shares: 75,902,000
Average Prices:
  • 52 Week Range: $12.70 - $19.86
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 26.10
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $118.79 million
  • Price / Sales: 12.17
  • Book Value: $8.06 per share
  • Price / Book: 2.36
  • Dividend Yield: 3.8%
  • EBIDTA: $96.91 million
  • Net Margins: 24.02%
  • Return on Equity: 5.76%
  • Return on Assets: 3.03%
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 3.06%
  • Quick Ratio: 3.06%
  • Average Volume: 510,495 shs.
  • Beta: 0.87
  • Short Ratio: 6.82

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 Tuesday, September 19th. Shareholders of record on Friday, September 29th will be given a dividend of $0.185 per share on Friday, October 13th. This represents a $0.74 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Thursday, September 28th. View CareTrust REIT's Dividend History.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) posted its quarterly earnings results on Tuesday, February, 7th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.14. The firm earned $28.20 million during the quarter, compared to analysts' expectations of $27.36 million. CareTrust REIT had a net margin of 24.02% and a return on equity of 5.76%. The company's revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 EPS. View CareTrust REIT's Earnings History.

When will CareTrust REIT make its next earnings announcement?

CareTrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for CareTrust REIT.

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

7 brokers have issued 1-year price targets for CareTrust REIT's stock. Their predictions range from $16.00 to $20.00. On average, they expect CareTrust REIT's share price to reach $18.33 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. " (9/19/2017)
  • 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)

Who are some of CareTrust REIT's key competitors?

Who are CareTrust REIT's key executives?

CareTrust REIT's management team includes the folowing people:

  • Gregory K. Stapley, Chairman of the Board, President, Chief Executive Officer
  • William M. Wagner, Chief Financial Officer, Treasurer, Secretary
  • David M. Sedgwick, Vice President - Operations
  • Allen C. Barbieri, Independent Director
  • Jon D. Kline, Independent Director
  • David G. Lindahl, Independent Director
  • Spencer G. Plumb, Independent Director

Who owns CareTrust REIT stock?

CareTrust REIT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.82%), BlackRock Inc. (13.06%), FMR LLC (9.05%), Wasatch Advisors Inc. (0.00%), State Street Corp (0.00%) and Bank of New York Mellon Corp (0.00%). 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 Goldman Sachs Group Inc., Bank of New York Mellon Corp, Heartland Advisors Inc., Opus Capital Group LLC, Boston Partners, WBI Investments Inc., LSV Asset Management and Kennedy Capital Management Inc.. View Insider Buying and Selling for CareTrust REIT.

Who bought CareTrust REIT stock? Who is buying CareTrust REIT stock?

CareTrust REIT's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Teachers Advisors LLC, Russell Investments Group Ltd., BlackRock Inc., Fiera Capital Corp, FMR LLC, 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.

What is CareTrust REIT's stock price today?

One share of CareTrust REIT stock can currently be purchased for approximately $19.05.

MarketBeat Community Rating for CareTrust REIT (NASDAQ CTRE)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  252
MarketBeat's community ratings are surveys of what our community members think about CareTrust REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CareTrust REIT (NASDAQ:CTRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $18.33 (3.76% downside)

Analysts' Ratings History for CareTrust REIT (NASDAQ:CTRE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017KeyCorpReiterated RatingBuy$20.00LowView Rating Details
6/20/2017BMO Capital MarketsDowngradeOutperform -> Market Perform$18.00 -> $20.00LowView Rating Details
5/17/2017Raymond James Financial, Inc.Reiterated RatingOutperform$17.00 -> $19.00LowView 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 & CompanyInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 9/20/2015 forward)


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
10/31/2017$0.17N/AView Earnings Details
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)


Earnings Estimates for CareTrust REIT (NASDAQ:CTRE)
2017 EPS Consensus Estimate: $1.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.29$0.29$0.29
Q3 20171$0.28$0.28$0.28
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)


Dividend History by Quarter for CareTrust REIT (NASDAQ CTRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CareTrust REIT (NASDAQ:CTRE)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 89.39%
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)


Headline Trends for CareTrust REIT (NASDAQ:CTRE)
Latest Headlines for CareTrust REIT (NASDAQ:CTRE)
DateHeadline logoCareTrust REIT, Inc. (CTRE) Upgraded by Zacks Investment Research to "Hold" - September 19 at 10:54 PM logoCareTrust REIT, Inc. (CTRE) to Issue Quarterly Dividend of $0.19 - September 19 at 6:22 PM logoComparing CareTrust REIT (CTRE) and Its Rivals - September 16 at 6:30 PM logoComparing CareTrust REIT (CTRE) & Global Medical REIT (GMRE) - September 16 at 2:42 PM logoHead to Head Contrast: Healthcare Realty Trust (HR) vs. CareTrust REIT (CTRE) - September 13 at 2:28 AM logoReviewing MedEquities Realty Trust (MRT) & CareTrust REIT (CTRE) - September 12 at 6:08 AM logo$0.29 EPS Expected for CareTrust REIT, Inc. (CTRE) This Quarter - September 10 at 2:22 AM logoCareTrust REIT Acquires Three Skilled Nursing Assets; Expands into Oregon - September 5 at 7:11 PM logoCareTrust REIT Expands Skilled Nursing Portfolio in Texas - September 5 at 7:11 PM logoCareTrust REIT Expands Skilled Nursing Portfolio in Idaho - September 5 at 7:11 PM logoCareTrust REIT, Inc. (CTRE) Given Consensus Rating of "Hold" by Brokerages - September 2 at 4:28 PM logoCareTrust REIT Provides an Update on its Texas Properties - September 1 at 3:37 AM logoKeyCorp Reaffirms Buy Rating for CareTrust REIT, Inc. (CTRE) - August 27 at 11:54 AM logoCareTrust REIT (CTRE) & Sabra Healthcare REIT (SBRA) Head to Head Review - August 27 at 4:24 AM logoQ3 2017 EPS Estimates for CareTrust REIT, Inc. Reduced by Analyst (CTRE) - August 25 at 8:16 AM logoFY2017 EPS Estimates for CareTrust REIT, Inc. (CTRE) Cut by KeyCorp - August 24 at 7:50 AM logoZacks Investment Research Downgrades CareTrust REIT, Inc. (CTRE) to Sell - August 22 at 9:26 PM logoCareTrust REIT, Inc. (CTRE) Upgraded to "Buy" at BidaskClub - August 19 at 7:08 PM logoCareTrust REIT, Inc. breached its 50 day moving average in a Bullish Manner : CTRE-US : August 17, 2017 - August 17 at 6:56 PM logoSee what the IHS Markit Score report has to say about Caretrust REIT Inc. - August 14 at 6:00 PM logoComparing CareTrust REIT (CTRE) & HCP (HCP) - August 13 at 9:00 AM logoIHS Markit Score downgrades Caretrust REIT Inc to 32 out of 100, ranking positively in two out of three available IHS Markit categories. - August 11 at 6:06 PM logoCareTrust REIT (NASDAQ:CTRE) vs. Community Healthcare Trust (CHCT) Head to Head Contrast - August 10 at 6:23 PM logoCareTrust REIT (CTRE) vs. Aviv REIT (AVIV) Head to Head Contrast - August 10 at 4:32 PM logoCareTrust REIT, Inc. (NASDAQ:CTRE) Given Average Recommendation of "Hold" by Analysts - August 8 at 7:04 PM logoZacks Investment Research Lowers CareTrust REIT, Inc. (NASDAQ:CTRE) to Hold - August 7 at 9:56 PM logoZacks: Brokerages Anticipate CareTrust REIT, Inc. (CTRE) Will Post Quarterly Sales of $32.41 Million - August 6 at 7:54 AM logoCareTrust REIT (NASDAQ:CTRE) versus Sabra Healthcare REIT (SBRA) Critical Comparison - August 5 at 10:24 AM logo$0.30 Earnings Per Share Expected for CareTrust REIT, Inc. (NASDAQ:CTRE) This Quarter - August 4 at 8:26 AM logoEdited Transcript of CTRE earnings conference call or presentation 3-Aug-17 4:00pm GMT - August 4 at 5:05 AM logoInvestor Network: CareTrust REIT Inc to Host Earnings Call - August 3 at 7:00 PM logoCareTrust REIT reports 2Q results - August 3 at 7:00 PM logoCareTrust REIT Announces Second Quarter 2017 Operating Results - August 2 at 6:28 PM logoCareTrust REIT Expands Senior Housing Portfolio in Minnesota - August 1 at 6:20 PM logoCareTrust REIT, Inc. (NASDAQ:CTRE) to Release Earnings on Monday - July 31 at 8:26 AM logoShort Interest in CareTrust REIT, Inc. (NASDAQ:CTRE) Decreases By 23.8% - July 30 at 7:03 AM logoCareTrust REIT Schedules Second Quarter 2017 Earnings Call for Thursday, August 3, 2017 - July 27 at 5:56 PM logoETFs with exposure to CareTrust REIT, Inc. : July 24, 2017 - July 24 at 5:19 PM logoZacks Investment Research Upgrades CareTrust REIT, Inc. (NASDAQ:CTRE) to "Buy" - July 17 at 9:40 PM logo Brokerages Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) Will Announce Quarterly Sales of $31.59 Million - July 15 at 10:19 AM logoCareTrust REIT, Inc. (CTRE) Receives Consensus Rating of "Buy" from Brokerages - July 14 at 6:44 PM logoETFs with exposure to CareTrust REIT, Inc. : July 14, 2017 - July 14 at 3:27 PM logo Analysts Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) to Announce $0.29 Earnings Per Share - July 13 at 8:29 AM logoCareTrust REIT, Inc. (NASDAQ:CTRE) Downgraded by BidaskClub to Buy - July 8 at 7:46 PM logoCareTrust REIT, Inc. breached its 50 day moving average in a Bearish Manner : CTRE-US : July 7, 2017 - July 8 at 8:46 AM logoComparing LTC Properties (LTC) & CareTrust REIT (CTRE) - July 5 at 12:42 PM logoCareTrust REIT, Inc. (CTRE) Short Interest Update - June 30 at 7:19 AM logoThis Diamond In The Rough Has Become A True Gem - June 27 at 9:50 PM logo3 Stocks With Veeva Systems-Like Return Potential - June 23 at 5:10 PM logo$31.59 Million in Sales Expected for CareTrust REIT, Inc. (CTRE) This Quarter - June 21 at 12:40 PM



CareTrust REIT (CTRE) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff