NASDAQ:CTRE - Caretrust REIT Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$17.39 +0.09 (+0.52 %)
(As of 10/21/2018 04:00 PM ET)
Previous Close$17.39
Today's Range$17.20 - $17.41
52-Week Range$12.73 - $19.76
Volume460,289 shs
Average Volume492,184 shs
Market Capitalization$1.41 billion
P/E Ratio14.99
Dividend Yield4.72%
Beta0.82
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 189 net-leased healthcare properties and three operated seniors housing properties in 25 states, CareTrust REIT is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.

Receive CTRE News and Ratings via Email

Sign-up to receive the latest news and ratings for CTRE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CTRE
CUSIPN/A
Phone949-542-3130

Debt

Debt-to-Equity Ratio0.85
Current Ratio1.65
Quick Ratio1.65

Price-To-Earnings

Trailing P/E Ratio14.99
Forward P/E Ratio13.59
P/E Growth2.71

Sales & Book Value

Annual Sales$132.98 million
Price / Sales10.59
Cash Flow$0.9162 per share
Price / Cash18.98
Book Value$7.83 per share
Price / Book2.22

Profitability

EPS (Most Recent Fiscal Year)$1.16
Net Income$25.87 million
Net Margins28.26%
Return on Equity6.81%
Return on Assets3.50%

Miscellaneous

Employees50
Outstanding Shares80,980,000
Market Cap$1.41 billion

Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions

What is Caretrust REIT's stock symbol?

Caretrust REIT trades on the NASDAQ under the ticker symbol "CTRE."

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

Caretrust REIT announced a quarterly dividend on Wednesday, September 19th. Investors of record on Friday, September 28th will be given a dividend of $0.205 per share on Monday, October 15th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date is Thursday, September 27th. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) issued its quarterly earnings data on Wednesday, August, 1st. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.17. The real estate investment trust earned $38.97 million during the quarter, compared to analysts' expectations of $38.44 million. Caretrust REIT had a net margin of 28.26% and a return on equity of 6.81%. Caretrust REIT's revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share. View Caretrust REIT's Earnings History.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, November 14th 2018. View Earnings Estimates for Caretrust REIT.

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

Caretrust REIT issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $1.32 to $1.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.30.

What price target have analysts set for CTRE?

8 analysts have issued 12-month target prices for Caretrust REIT's shares. Their predictions range from $15.00 to $21.00. On average, they anticipate Caretrust REIT's stock price to reach $18.1250 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for Caretrust REIT.

What is the consensus analysts' recommendation for Caretrust REIT?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.

What are Wall Street analysts saying about Caretrust REIT stock?

Here are some recent quotes from research analysts about Caretrust REIT stock:
  • 1. According to Zacks Investment Research, "CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States. " (10/12/2018)
  • 2. Cantor Fitzgerald analysts commented, "CTRE’s 1Q18 results exceeded consensus expectations (they were in line with ours) and the company raised full year guidance, demonstrating the strength of the company’s operator mix and its conservative approach to the skilled nursing market. CTRE completed its transition of Pristine facilities in early May." (5/8/2018)

Who are some of Caretrust REIT's key competitors?

Who are Caretrust REIT's key executives?

Caretrust REIT's management team includes the folowing people:
  • Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 58)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 52)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 42)
  • Mr. Mark D. Lamb, Chief Investment Officer
  • Mr. Eric Gillis, Director of Asset Management

Who are Caretrust REIT's major shareholders?

Caretrust REIT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.19%), Strs Ohio (0.16%) and State of Alaska Department of Revenue (0.06%). View Institutional Ownership Trends for Caretrust REIT.

Which institutional investors are buying Caretrust REIT stock?

CTRE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Scout Investments Inc. and Strs Ohio. View Insider Buying and Selling for Caretrust REIT.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Caretrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $17.39.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $1.41 billion and generates $132.98 million in revenue each year. The real estate investment trust earns $25.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Caretrust REIT employs 50 workers across the globe.

What is Caretrust REIT's official website?

The official website for Caretrust REIT is http://www.caretrustreit.com.

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].com.


MarketBeat Community Rating for Caretrust REIT (NASDAQ CTRE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  507
MarketBeat's community ratings are surveys of what our community members think about Caretrust REIT and other stocks. Vote "Outperform" if you believe CTRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

Featured Article: Tariff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel