Top-Rated Dividend StocksTop-Rated DividendNASDAQ:CTRE CareTrust REIT (CTRE) Stock Forecast, Price & News $20.20 -0.15 (-0.74%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$20.15▼$20.5550-Day Range$19.59▼$21.1552-Week Range$16.22▼$21.37Volume824,075 shsAverage Volume742,748 shsMarket Capitalization$2.01 billionP/E Ratio57.73Dividend Yield5.54%Price Target$22.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CareTrust REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside9.5% Upside$22.13 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth8.39%From $1.43 to $1.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsFinance Sector608th out of 870 stocksReal Estate Investment Trusts Industry130th out of 180 stocks 1.4 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.13, CareTrust REIT has a forecasted upside of 9.5% from its current price of $20.21.Amount of Analyst CoverageCareTrust REIT has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTRE. Previous Next 3.3 Dividend Strength Dividend LeadershipCareTrust REIT is a leading dividend payer. It pays a dividend yield of 5.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of CareTrust REIT is 320.01%. 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 72.26% next year. This indicates that CareTrust REIT will be able to sustain or increase its 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 2.5 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.45. 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 lower news sentiment than the 0.78 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CareTrust REIT this week, compared to 2 articles on an average week.Search Interest6 people have searched for CTRE on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows10 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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 Institutions92.24% of the stock of CareTrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 8.39% in the coming year, from $1.43 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 57.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.95.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 57.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 78.47.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CareTrust REIT (NASDAQ:CTRE) StockCareTrust 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTRE Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comCareTrust REIT (NASDAQ:CTRE) Now Covered by Analysts at Jefferies Financial GroupSeptember 21, 2023 | americanbankingnews.comCareTrust REIT (NASDAQ:CTRE) Shares Gap Up Following Dividend AnnouncementSeptember 27, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 20, 2023 | markets.businessinsider.comCareTrust REIT (CTRE) Receives a New Rating from JefferiesSeptember 12, 2023 | msn.comRBC Capital Upgrades CareTrust REIT (CTRE)September 12, 2023 | markets.businessinsider.comCareTrust Poised For 10.8% Boom In 2024: Analyst Praises Portfolio Optimization & Balance SheetSeptember 6, 2023 | finance.yahoo.comCareTrust REIT Acquires Southern California Skilled Nursing Facility in Joint Venture InvestmentAugust 18, 2023 | msn.comCareTrust REIT: Thesis Update After Q2 Results, Hold For NowSeptember 27, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 17, 2023 | seekingalpha.comCareTrust upgraded to Outperform at BMO on improving fundamentals, pipelineAugust 16, 2023 | msn.comBMO Capital Upgrades CareTrust REIT (CTRE)August 14, 2023 | markets.businessinsider.comWells Fargo Sticks to Its Hold Rating for CareTrust REIT (CTRE)August 7, 2023 | markets.businessinsider.comCareTrust REIT (CTRE) Receives a Hold from BarclaysAugust 4, 2023 | seekingalpha.comCareTrust REIT, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | msn.comCareTrust REIT (CTRE) Q2 FFO Miss EstimatesAugust 3, 2023 | finance.yahoo.comCareTrust REIT Announces Second Quarter 2023 Operating ResultsJuly 20, 2023 | finance.yahoo.comCareTrust REIT Funds Mortgage Financing on Southeast SNFs; 96% of Year-to-Date $215.4 Million Investments Funded with EquityJuly 5, 2023 | finance.yahoo.comCareTrust REIT Closes $45 Million of Investments in Skilled Nursing and Seniors Housing FacilitiesJune 26, 2023 | msn.comWednesday Is Your Last Chance To Buy CareTrust REIT Before The Dividend PayoutJune 20, 2023 | finance.yahoo.comCareTrust REIT Announces Quarterly Dividend of $0.28 per ShareJune 14, 2023 | seekingalpha.comCareTrust REIT: Decent Yield And Attractive Risk ProfileJune 13, 2023 | bizjournals.comAdventHealth will exit the nursing home business, sells off KC-area facilityJune 11, 2023 | fool.comCareTrust REIT (NYSE: CTRE)June 9, 2023 | markets.businessinsider.com2023 NAREIT Investor Conference: CEOs Say Things Are ImprovingJune 6, 2023 | finance.yahoo.comCareTrust REIT Issues New Investor Presentation for NAREIT's REITweek 2023 ConferenceJune 5, 2023 | seekingalpha.comCareTrust REIT: Opportunistic Capital Structure At The Right MomentJune 2, 2023 | msn.comCareTrust REIT acquires 125-bed skilled nursing facility in Houston areaSee 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 CTRE Company Calendar Last Earnings2/15/2022Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Today9/27/2023Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone(949) 542-3130FaxN/AEmployees15Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.13 High Stock Price Forecast$24.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+9.5%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio57.72 Forward P/E Ratio14.13 P/E GrowthN/ANet Income$-7,510,000.00 Net Margins16.56% Pretax Margin16.56% Return on Equity4.08% Return on Assets2.04% Debt Debt-to-Equity Ratio1.08 Current Ratio0.07 Quick Ratio0.07 Sales & Book Value Annual Sales$196.13 million Price / Sales10.25 Cash Flow$0.51 per share Price / Cash Flow39.52 Book Value$8.75 per share Price / Book2.31Miscellaneous Outstanding Shares99,480,000Free Float97,735,000Market Cap$2.01 billion OptionableOptionable Beta1.10 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. David M. Sedgwick (Age 47)CEO, Pres & Director Comp: $1.98MMr. William M. Wagner (Age 57)CFO & Treasurer Comp: $1.23MMr. James B. Callister (Age 47)Chief Investment Officer & Sec. Comp: $822.9kMr. Eric GillisDirector of Asset ManagementMs. Lauren BealeSr. VP & ControllerKey CompetitorsEquity CommonwealthNYSE:EQCFour Corners Property TrustNYSE:FCPTDouglas EmmettNYSE:DEIHighwoods PropertiesNYSE:HIWNational Health InvestorsNYSE:NHIView All CompetitorsInstitutional OwnershipBROOKFIELD Corp ON Bought 438,654 shares on 9/26/2023Ownership: 2.251%Barclays PLCBought 5,097 shares on 9/21/2023Ownership: 0.240%Dean Capital ManagementBought 12,855 shares on 8/23/2023Ownership: 0.029%Virginia Retirement Systems ET ALBought 150,300 shares on 8/22/2023Ownership: 0.151%California State Teachers Retirement SystemSold 1,185 shares on 8/21/2023Ownership: 0.122%View All Institutional Transactions CTRE Stock - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTRE shares. View CTRE analyst ratings or view top-rated stocks. What is CareTrust REIT's stock price forecast for 2023? 8 analysts have issued twelve-month target prices for CareTrust REIT's stock. Their CTRE share price forecasts range from $19.00 to $24.00. On average, they expect the company's stock price to reach $22.13 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View analysts price targets for CTRE or view top-rated stocks among Wall Street analysts. How have CTRE shares performed in 2023? CareTrust REIT's stock was trading at $18.58 at the beginning of the year. Since then, CTRE shares have increased by 8.7% and is now trading at $20.20. View the best growth stocks for 2023 here. When is CareTrust REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our CTRE earnings forecast. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) posted its quarterly earnings data 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 16.56% and a trailing twelve-month return on equity of 4.08%. During the same quarter in the previous year, the company earned $0.36 earnings per share. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT announced a quarterly dividend on Tuesday, September 19th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.28 per share on Friday, October 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for CTRE. What ETFs hold CareTrust REIT's stock? ETFs with the largest weight of CareTrust REIT (NASDAQ:CTRE) stock in their portfolio include Residential REIT ETF (HAUS), Global X SuperDividend REIT ETF (SRET), Cambria Global Real Estate ETF (BLDG), Virtus Real Asset Income ETF (VRAI), Invesco Active U.S. Real Estate ETF (PSR), JPMorgan Realty Income ETF (JPRE), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Multi-Asset Diversified Income Index Fund (MDIV). Is CareTrust REIT a good dividend stock? CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 5.42%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 320.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CTRE will have a dividend payout ratio of 72.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CTRE. What other stocks do shareholders of CareTrust REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other CareTrust REIT investors own include Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW). What is CareTrust REIT's stock symbol? CareTrust REIT trades on the NASDAQ under the ticker symbol "CTRE." Who are CareTrust REIT's major shareholders? CareTrust REIT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.07%), State Street Corp (6.23%), Bank of New York Mellon Corp (2.52%), BROOKFIELD Corp ON (2.25%), BROOKFIELD Corp ON (2.25%) and Geode Capital Management LLC (2.21%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CareTrust REIT's stock price today? One share of CTRE stock can currently be purchased for approximately $20.20. How much money does CareTrust REIT make? CareTrust REIT (NASDAQ:CTRE) has a market capitalization of $2.01 billion and generates $196.13 million in revenue each year. The real estate investment trust earns $-7,510,000.00 in net income (profit) each year or $0.35 on an earnings per share basis. How can I contact CareTrust REIT? CareTrust REIT's mailing address is 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673. The official website for the company is www.caretrustreit.com. The real estate investment trust can be reached via phone at (949) 542-3130 or via email at ir@caretrustreit.com. This page (NASDAQ:CTRE) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CareTrust REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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