S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

CareTrust REIT Stock Price, News & Analysis (NASDAQ:CTRE)

$22.88
-0.20 (-0.87%)
(As of 12/1/2023 ET)
Compare
Today's Range
$22.74
$23.26
50-Day Range
$20.00
$23.09
52-Week Range
$17.86
$23.26
Volume
2.03 million shs
Average Volume
1.17 million shs
Market Capitalization
$2.73 billion
P/E Ratio
54.48
Dividend Yield
4.90%
Price Target
$23.00

CareTrust REIT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
0.5% Upside
$23.00 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.57mentions of CareTrust REIT in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.51%
From $1.41 to $1.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Finance Sector

639th out of 847 stocks

Real Estate Investment Trusts Industry

124th out of 175 stocks


CTRE stock logo

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.

CTRE Stock Price History

CTRE Stock News Headlines

CareTrust REIT: Still Hold Despite Solid Performance
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
CareTrust: High-Quality Business Attractively Valued
CareTrust REIT Inc CTRE
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Here's what Wall Street expects from CareTrust REIT's earnings report
CareTrust REIT (CTRE) Receives a New Rating from Jefferies
RBC Capital Upgrades CareTrust REIT (CTRE)
Wells Fargo Sticks to Its Hold Rating for CareTrust REIT (CTRE)
CareTrust REIT (CTRE) Receives a Hold from Barclays
See 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.

Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CTRE
Previous Symbol
NASDAQ:CTREV
Fax
N/A
Employees
15
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.00
High Stock Price Target
$24.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-7,510,000.00
Pretax Margin
19.92%

Debt

Sales & Book Value

Annual Sales
$192.80 million
Cash Flow
$0.52 per share
Book Value
$9.33 per share

Miscellaneous

Free Float
117,028,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
1.08
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report














CTRE Stock Analysis - Frequently Asked Questions

Should I buy or sell CareTrust REIT stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

6 brokers have issued 1-year target prices for CareTrust REIT's shares. Their CTRE share price targets range from $22.00 to $24.00. On average, they predict the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 0.5% 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 on January 1st, 2023. Since then, CTRE shares have increased by 23.1% and is now trading at $22.88.
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 Thursday, February 8th 2024.
View our CTRE earnings forecast
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) issued 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 trailing twelve-month return on equity of 4.63% and a net margin of 19.93%. During the same period in the prior year, the company posted $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. Investors 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 yield of 4.90%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for CTRE
.

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 4.90%. 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 266.67%. 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 73.20% 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).

Who are CareTrust REIT's major shareholders?

CareTrust REIT's stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (6.05%), Bank of New York Mellon Corp (2.22%), Morgan Stanley (1.85%), JPMorgan Chase & Co. (1.46%), William Blair Investment Management LLC (1.61%) and American Century Companies Inc. (1.30%).
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.

This page (NASDAQ:CTRE) was last updated on 12/2/2023 by MarketBeat.com Staff

My Account -