Top-Rated Dividend StocksTop-Rated Dividend CareTrust REIT Stock Price, News & Analysis (NASDAQ:CTRE) $23.08 +0.20 (+0.87%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$22.79▼$23.1450-Day Range$20.00▼$23.0952-Week Range$17.86▼$23.19Volume1.40 million shsAverage Volume846,883 shsMarket Capitalization$2.75 billionP/E Ratio54.95Dividend Yield4.85%Price Target$23.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside0.3% Downside$23.00 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth8.51%From $1.41 to $1.53 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.1.87 out of 5 starsFinance Sector671st out of 856 stocksReal Estate Investment Trusts Industry132nd out of 175 stocks 1.4 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.00, CareTrust REIT has a forecasted downside of 0.3% from its current price of $23.08.Amount of Analyst CoverageCareTrust REIT has only been the subject of 3 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 4.89%, 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 266.67%. 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 73.20% 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 2.0 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CareTrust REIT this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for CTRE on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 8.51% in the coming year, from $1.41 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 54.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.98.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 54.95, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.83.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.47. 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 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 HeadlinesNovember 28, 2023 | americanbankingnews.comWells Fargo & Company Increases CareTrust REIT (NASDAQ:CTRE) Price Target to $23.00November 27, 2023 | seekingalpha.comCareTrust REIT: Still Hold Despite Solid PerformanceDecember 1, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 25, 2023 | seekingalpha.comCareTrust: High-Quality Business Attractively ValuedNovember 16, 2023 | morningstar.comCareTrust REIT Inc CTRENovember 13, 2023 | finance.yahoo.comCareTrust REIT, Inc. (NYSE:CTRE) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | seekingalpha.comCareTrust REIT, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 9, 2023 | finance.yahoo.comCareTrust REIT Announces Third Quarter 2023 Operating ResultsDecember 1, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 9, 2023 | markets.businessinsider.comHere's what Wall Street expects from CareTrust REIT's earnings reportNovember 3, 2023 | finance.yahoo.comCareTrust REIT Sets Third Quarter Earnings Call for Friday, November 10, 2023October 11, 2023 | finance.yahoo.comCareTrust Publishes Third Annual Corporate Sustainability ReportSeptember 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 NowAugust 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 PayoutSee 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 10/13 Dividend9/28/2023Dividend Payable10/13/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get 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 Target$23.00 High Stock Price Target$24.00 Low Stock Price Target$22.00 Potential Upside/Downside-0.3%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.42 Trailing P/E Ratio54.95 Forward P/E Ratio16.37 P/E GrowthN/ANet Income$-7,510,000.00 Net Margins19.93% Pretax Margin19.92% Return on Equity4.63% Return on Assets2.48% Debt Debt-to-Equity Ratio0.54 Current Ratio0.13 Quick Ratio0.13 Sales & Book Value Annual Sales$196.13 million Price / Sales14.02 Cash Flow$0.53 per share Price / Cash Flow43.78 Book Value$9.33 per share Price / Book2.47Miscellaneous Outstanding Shares119,110,000Free Float117,028,000Market Cap$2.75 billion OptionableOptionable Beta1.09 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. David M. Sedgwick (Age 47)CEO, President & Director Comp: $1.98MMr. William M. Wagner (Age 57)CFO & Treasurer Comp: $1.23MMr. James B. Callister (Age 47)Chief Investment Officer & Secretary Comp: $822.9kMr. Eric GillisDirector of Asset ManagementMs. Lauren BealeSenior VP & ControllerKey CompetitorsCOPT Defense PropertiesNYSE:CDPSITE CentersNYSE:SITCNational Storage Affiliates TrustNYSE:NSADigitalBridge GroupNYSE:DBRGPhysicians Realty TrustNYSE:DOCView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Sold 64,932 shares on 11/30/2023Ownership: 1.297%Deutsche Bank AGBought 34,768 shares on 11/24/2023Ownership: 0.140%Public Sector Pension Investment BoardSold 53,618 shares on 11/22/2023Ownership: 0.103%Graham Capital Management L.P.Bought 46,012 shares on 11/22/2023Ownership: 0.039%Walleye Capital LLCBought 48,763 shares on 11/21/2023Ownership: 0.041%View All Institutional Transactions 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 year. 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 Wall Street research analysts have issued 12-month price targets for CareTrust REIT's shares. Their CTRE share price targets range from $22.00 to $24.00. On average, they predict the company's share price to reach $23.00 in the next year. This suggests that the stock has a possible downside of 0.3%. 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 shares have increased by 24.2% and is now trading at $23.08. 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) announced its earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate 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 firm earned $0.36 EPS. 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 paid a dividend of $0.28 per share on Friday, October 13th. This represents a $1.12 annualized dividend and a yield of 4.85%. 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 4.89%. 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 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). 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 a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.22%), Morgan Stanley (1.85%), JPMorgan Chase & Co. (1.46%), William Blair Investment Management LLC (1.61%), American Century Companies Inc. (1.30%) and Charles Schwab Investment Management Inc. (1.51%). 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 12/1/2023 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. 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