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

$25.00
+0.36 (+1.46 %)
(As of 06/19/2019 04:00 PM ET)
Today's Range
$24.24
Now: $25.00
$25.0550
50-Day Range
$23.60
MA: $24.61
$25.42
52-Week Range
$16.29
Now: $25.00
$25.54
Volume599,937 shs
Average Volume930,949 shs
Market Capitalization$2.39 billion
P/E Ratio19.53
Dividend Yield3.65%
Beta0.85
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.

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$156.94 million
Cash Flow$1.3228 per share
Book Value$9.16 per share

Profitability

Net Income$57.92 million

Miscellaneous

Employees57
Market Cap$2.39 billion
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, June 18th. Investors of record on Friday, June 28th will be paid a dividend of $0.225 per share on Monday, July 15th. This represents a $0.90 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend is Thursday, June 27th. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) issued its quarterly earnings results on Tuesday, May, 7th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.14. The real estate investment trust had revenue of $39.66 million for the quarter, compared to the consensus estimate of $40.79 million. Caretrust REIT had a net margin of 37.46% and a return on equity of 8.08%. Caretrust REIT's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 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, August 7th 2019. View Earnings Estimates for Caretrust REIT.

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

Caretrust REIT issued an update on its FY19 earnings guidance on Tuesday, May, 7th. The company provided earnings per share guidance of $1.35-1.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.39. Caretrust REIT also updated its FY 2019 guidance to $1.35-1.37 EPS.

What price target have analysts set for CTRE?

7 brokers have issued 1-year target prices for Caretrust REIT's shares. Their predictions range from $18.00 to $26.00. On average, they anticipate Caretrust REIT's share price to reach $22.2857 in the next year. This suggests that the stock has a possible downside of 10.9%. View Analyst Price Targets for Caretrust REIT.

What is the consensus analysts' recommendation for Caretrust REIT?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.

Has Caretrust REIT been receiving favorable news coverage?

Media headlines about CTRE stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caretrust REIT earned a news impact score of -1.1 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Caretrust REIT.

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 folowing 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

Who are Caretrust REIT's major shareholders?

Caretrust REIT's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (19.11%), FMR LLC (5.65%), Centersquare Investment Management LLC (1.94%), Copper Rock Capital Partners LLC (1.20%), Keeley Teton Advisors LLC (0.95%) and Westpac Banking Corp (0.68%). 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 FMR LLC, Kennedy Capital Management Inc., Keeley Teton Advisors LLC, Opus Capital Group LLC, Teachers Insurance & Annuity Association of America, Sumitomo Mitsui Trust Holdings Inc., Quantitative Systematic Strategies LLC and Jaguar Listed Property LLC. View Insider Buying and Selling 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 Centersquare Investment Management LLC, Copper Rock Capital Partners LLC, BlackRock Inc., Penserra Capital Management LLC, Bank of Montreal Can, ClariVest Asset Management LLC, Nordea Investment Management AB and Virginia Retirement Systems ET AL. 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 $25.00.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $2.39 billion and generates $156.94 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.28 on an earnings per share basis. Caretrust REIT employs 57 workers across the globe.View Additional Information About Caretrust REIT.

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]


MarketBeat Community Rating for Caretrust REIT (NASDAQ CTRE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  313 (Thanks for Voting!)
Underperform Votes:  294 (Thanks for Voting!)
Total Votes:  607
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 6/19/2019 by MarketBeat.com Staff

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