S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NASDAQ:CTRE

CareTrust REIT Stock Forecast, Price & News

$21.35
-0.15 (-0.70%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$21.21
$21.55
50-Day Range
$19.83
$23.18
52-Week Range
$19.45
$24.89
Volume
971,409 shs
Average Volume
723,679 shs
Market Capitalization
$2.07 billion
P/E Ratio
27.73
Dividend Yield
4.93%
Beta
1.08
30 days | 90 days | 365 days | Advanced Chart
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CareTrust REIT logo

About CareTrust REIT

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.

Headlines

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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

Sales & Book Value

Annual Sales
$178.33 million
Cash Flow
$1.39 per share
Book Value
$9.55 per share

Profitability

Net Income
$80.87 million
Pretax Margin
40.04%

Debt

Price-To-Earnings

Miscellaneous

Free Float
95,199,000
Market Cap
$2.07 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/07/2021
Ex-Dividend for 1/15 Dividend
12/30/2021
Dividend Payable
1/15/2022
Today
1/23/2022
Next Earnings (Estimated)
2/09/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.48 out of 5 stars

Finance Sector

322nd out of 1,355 stocks

Real Estate Investment Trusts Industry

74th out of 230 stocks

Analyst Opinion: 2.4Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












CareTrust REIT (NASDAQ:CTRE) Frequently Asked Questions

Is CareTrust REIT a buy right now?

4 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 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CareTrust REIT stock.
View analyst ratings for CareTrust REIT
or view top-rated stocks.

How has CareTrust REIT's stock been impacted by Coronavirus?

CareTrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CTRE shares have increased by 25.7% and is now trading at $21.35.
View which stocks have been most impacted by COVID-19
.

When is CareTrust REIT's next earnings date?

CareTrust REIT is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for CareTrust REIT
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) released its quarterly earnings results on Sunday, November, 7th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. CareTrust REIT had a net margin of 40.04% and a trailing twelve-month return on equity of 8.11%. During the same quarter last year, the firm posted $0.34 earnings per share.
View CareTrust REIT's earnings history
.

How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT?

CareTrust REIT announced a quarterly dividend on Wednesday, December 15th. Stockholders of record on Friday, December 31st will be given a dividend of $0.265 per share on Saturday, January 15th. This represents a $1.06 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Thursday, December 30th.
View CareTrust REIT's dividend history
.

Is CareTrust REIT a good dividend stock?

CareTrust REIT pays an annual dividend of $1.06 per share and currently has a dividend yield of 4.93%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. CareTrust REIT has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of CareTrust REIT is 137.66%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 66.25% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.
View CareTrust REIT's dividend history.

What guidance has CareTrust REIT issued on next quarter's earnings?

CareTrust REIT issued an update on its FY 2021 earnings guidance on Monday, December, 6th. The company provided earnings per share (EPS) guidance of $1.490-$1.500 for the period. The company issued revenue guidance of -.

What price target have analysts set for CTRE?

4 Wall Street analysts have issued 12 month price targets for CareTrust REIT's stock. Their forecasts range from $22.00 to $25.00. On average, they expect CareTrust REIT's share price to reach $23.75 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for CareTrust REIT
or view top-rated stocks among Wall Street analysts.

Who are CareTrust REIT's key executives?

CareTrust REIT's management team includes the following people:
  • Gregory K. Stapley, Chairman & Chief Executive Officer
  • David M. Sedgwick, President & Chief Operating Officer
  • William M. Wagner, Chief Financial Officer, Secretary & Treasurer
  • Mark Lamb, Chief Investment Officer
  • Eric Gillis, Director-Asset Management

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 many different retail and institutional investors. Top institutional investors include Royal London Asset Management Ltd. (0.56%), Scout Investments Inc. (0.43%), Valicenti Advisory Services Inc. (0.15%), State of Alaska Department of Revenue (0.12%), Exchange Traded Concepts LLC (0.06%) and Capital Square LLC (0.04%).
View institutional ownership trends for CareTrust REIT
.

Which institutional investors are selling CareTrust REIT stock?

CTRE stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue, Redpoint Investment Management Pty Ltd, and Seelaus Asset Management LLC.
View insider buying and selling activity for CareTrust REIT
or view top insider-selling stocks.

Which institutional investors are buying CareTrust REIT stock?

CTRE stock was acquired by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Valicenti Advisory Services Inc., Capital Square LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Exchange Traded Concepts LLC, and IFP Advisors Inc.
View insider buying and selling activity for CareTrust REIT
or or view top insider-buying stocks.

How do I buy shares of CareTrust REIT?

Shares of CTRE 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 $21.35.

How much money does CareTrust REIT make?

CareTrust REIT has a market capitalization of $2.07 billion and generates $178.33 million in revenue each year. The real estate investment trust earns $80.87 million in net income (profit) each year or $0.77 on an earnings per share basis.

How many employees does CareTrust REIT have?

CareTrust REIT employs 15 workers across the globe.

What is CareTrust REIT's official website?

The official website for CareTrust REIT is www.caretrustreit.com.

Where are CareTrust REIT's headquarters?

CareTrust REIT is headquartered at 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673.

How can I contact CareTrust REIT?

CareTrust REIT's mailing address is 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673. The real estate investment trust can be reached via phone at (949) 542-3130 or via email at [email protected].


This page was last updated on 1/23/2022 by MarketBeat.com Staff

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