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NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News

$18.82
+0.45 (+2.45 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$18.17
Now: $18.82
$18.84
50-Day Range
$13.04
MA: $16.40
$18.79
52-Week Range
$7.16
Now: $18.82
$25.52
Volume394,400 shs
Average Volume711,430 shs
Market Capitalization$1.80 billion
P/E Ratio36.19
Dividend Yield5.31%
Beta1.01
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 199 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.57 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
CUSIPN/A
Phone949-542-3130

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$163.40 million
Cash Flow$1.09 per share
Book Value$9.63 per share

Profitability

Net Income$46.36 million

Miscellaneous

Employees57
Market Cap$1.80 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions

How has Caretrust REIT's stock been impacted by COVID-19 (Coronavirus)?

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CTRE stock has increased by 10.8% and is now trading at $18.82. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Caretrust REIT?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Caretrust REIT.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Caretrust REIT.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) released its quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.14. The real estate investment trust earned $44.34 million during the quarter, compared to analysts' expectations of $43.20 million. Caretrust REIT had a return on equity of 5.32% and a net margin of 29.53%. View Caretrust REIT's earnings history.

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

Caretrust REIT declared a quarterly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.25 per share on Wednesday, April 15th. This represents a $1.00 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Monday, March 30th. This is an increase from Caretrust REIT's previous quarterly dividend of $0.23. 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 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided EPS guidance of 1.32-1.34 for the period.

What price target have analysts set for CTRE?

7 equities research analysts have issued 1-year price objectives for Caretrust REIT's shares. Their forecasts range from $13.00 to $26.00. On average, they expect Caretrust REIT's stock price to reach $21.29 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View analysts' price targets for Caretrust REIT.

Has Caretrust REIT been receiving favorable news coverage?

News headlines about CTRE stock have trended negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Caretrust REIT earned a news impact score of -2.8 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCaretrust REIT.

Are investors shorting Caretrust REIT?

Caretrust REIT saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,790,000 shares, a decrease of 15.6% from the April 30th total of 2,120,000 shares. Based on an average daily volume of 999,900 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.9% of the shares of the stock are sold short. View Caretrust REIT's Current Options Chain.

Who are some of Caretrust REIT's key competitors?

What other stocks do shareholders of Caretrust REIT own?

Who are Caretrust REIT's key executives?

Caretrust REIT's management team includes the following people:
  • Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 59)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 53)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 43)
  • Mr. Mark D. Lamb, Chief Investment Officer
  • Ms. Lauren Beale, Controller

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.94%), PGGM Investments (9.32%), State Street Corp (4.37%), Invesco Ltd. (3.96%), Bank of New York Mellon Corp (3.19%) and Geode Capital Management LLC (1.50%). View institutional ownership trends for Caretrust REIT.

Which major investors are selling Caretrust REIT stock?

CTRE stock was sold by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Morgan Stanley, BlackRock Inc., Bank of New York Mellon Corp, Baird Financial Group Inc., Victory Capital Management Inc., Victory Capital Management Inc., and Westpac Banking Corp. View insider buying and selling activity for Caretrust REIT.

Which major investors are buying Caretrust REIT stock?

CTRE stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Cohen & Steers Inc., State Street Corp, Employees Retirement System of Texas, Invesco Ltd., Two Sigma Advisers LP, Nuveen Asset Management LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Caretrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $18.82.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $1.80 billion and generates $163.40 million in revenue each year. The real estate investment trust earns $46.36 million in net income (profit) each year or $1.36 on an earnings per share basis. Caretrust REIT employs 57 workers across the globe.

What is Caretrust REIT's official website?

The official website for Caretrust REIT is 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]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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