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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities

CareTrust REIT - CTRE Stock Forecast, Price & News

$20.98
+0.35 (+1.70%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$20.77
$21.17
50-Day Range
$18.58
$20.98
52-Week Range
$15.90
$22.46
Volume
443,951 shs
Average Volume
554,352 shs
Market Capitalization
$2.04 billion
P/E Ratio
N/A
Dividend Yield
5.31%
Price Target
$20.70

CareTrust REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.3% Downside
$20.70 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.63mentions of CareTrust REIT in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.36%
From $1.49 to $1.54 Per Share

Overall MarketRank

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

1.80 out of 5 stars

Finance Sector

826th out of 879 stocks

Real Estate Investment Trusts Industry

176th out of 190 stocks

CTRE stock logo

About CareTrust REIT (NASDAQ:CTRE) Stock

CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.

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CTRE Stock News Headlines

CTRE CareTrust REIT, Inc.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Barclays Reaffirms Their Hold Rating on CareTrust REIT (CTRE)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
5 REITs On Santa's Good List
CubeSmart (CUBE) Surpasses Q3 FFO and Revenue Estimates
3 SWAN-A-Bees We're Buying Hand Over First
These dividend stocks can protect you as the -2-
CareTrust REIT (CTRE) Q2 FFO Beat Estimates
See More Headlines
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CTRE Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 1/13 Dividend
12/29/2022
Dividend Payable
1/13/2023
Today
2/02/2023
Next Earnings (Estimated)
2/15/2023
Fiscal Year End
12/31/2023

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
16
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.70
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
-1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$71.98 million
Pretax Margin
-1.87%

Debt

Sales & Book Value

Annual Sales
$192.35 million
Cash Flow
$1.46 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
95,331,000
Market Cap
$2.04 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • David M. Sedgwick
    President, Chief Executive Officer & Director
  • William M. Wagner
    Chief Financial Officer & Treasurer
  • James Callister
    Secretary & Chief Investment Officer
  • Eric Gillis
    Director-Asset Management













CTRE Stock - Frequently Asked Questions

Should I buy or sell CareTrust REIT stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 3 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CTRE shares.
View CTRE analyst ratings
or view top-rated stocks.

What is CareTrust REIT's stock price forecast for 2023?

5 Wall Street analysts have issued 1-year price targets for CareTrust REIT's shares. Their CTRE share price forecasts range from $19.00 to $22.00. On average, they expect the company's share price to reach $20.70 in the next year. This suggests that the stock has a possible downside of 1.5%.
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 start of the year. Since then, CTRE stock has increased by 13.1% and is now trading at $21.01.
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 Wednesday, February 15th 2023.
View our CTRE earnings forecast
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) posted its quarterly 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 negative trailing twelve-month return on equity of 0.42% and a negative net margin of 1.87%. During the same period last 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 Monday, December 19th. Investors of record on Friday, December 30th will be given a dividend of $0.275 per share on Friday, January 13th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for CTRE
.

Is CareTrust REIT a good dividend stock?

CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.10 per share and currently has a dividend yield of 5.31%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.42%), Monarch Partners Asset Management LLC (0.27%), Manning & Napier Group LLC (0.25%), Foundry Partners LLC (0.24%), Strs Ohio (0.19%) and Meritage Portfolio Management (0.16%).
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 $21.01.

How much money does CareTrust REIT make?

CareTrust REIT (NASDAQ:CTRE) has a market capitalization of $2.04 billion and generates $192.35 million in revenue each year. The real estate investment trust earns $71.98 million in net income (profit) each year or ($0.04) 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 2/3/2023 by MarketBeat.com Staff