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

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

Caretrust REIT announced a -- dividend on Friday, September 20th. Shareholders of record on Monday, September 30th will be given a dividend of $0.225 per share on Tuesday, October 15th. This represents a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 27th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings results on Thursday, November, 7th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.34 by $0.45. The real estate investment trust had revenue of $33.31 million for the quarter, compared to analyst estimates of $43.64 million. Caretrust REIT had a return on equity of 4.76% and a net margin of 25.85%. Caretrust REIT's quarterly revenue was down 15.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $1.36-1.37 for the period.

6 Wall Street analysts have issued 1 year price targets for Caretrust REIT's shares. Their forecasts range from $25.00 to $29.00. On average, they anticipate Caretrust REIT's share price to reach $26.17 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price. View Analyst Price Targets for Caretrust REIT.

6 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.

News stories about CTRE stock have trended negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caretrust REIT earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Caretrust REIT.

Caretrust REIT saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 2,960,000 shares, an increase of 55.8% from the November 14th total of 1,900,000 shares. Based on an average daily trading volume, of 936,500 shares, the days-to-cover ratio is presently 3.2 days. Approximately 3.1% of the company's stock are short sold. View Caretrust REIT's Current Options Chain.

Some companies that are related to Caretrust REIT include American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Douglas Emmett (DEI), CyrusOne (CONE), Starwood Property Trust (STWD), SL Green Realty (SLG), AmeriCold Realty Trust (COLD), American Campus Communities (ACC), New Residential Investment (NRZ), Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), CubeSmart (CUBE), Cousins Properties (CUZ), EPR Properties (EPR) and JBG SMITH Properties (JBGS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Apple Hospitality REIT (APLE), Energy Transfer LP Unit (ET), AGNC Investment (AGNC), NVIDIA (NVDA), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), Kinder Morgan (KMI), MFA FINL INC/SH (MFA ), AT&T (T) and Verizon Communications (VZ).

Caretrust REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.13%), Millennium Management LLC (1.48%), Copper Rock Capital Partners LLC (0.83%), Keeley Teton Advisors LLC (0.62%), Virginia Retirement Systems ET AL (0.41%) and Rhumbline Advisers (0.32%). View Institutional Ownership Trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, First Trust Advisors LP, Keeley Teton Advisors LLC, Castleark Management LLC, Millennium Management LLC, Scout Investments Inc., Massachusetts Financial Services Co. MA and Man Group plc. View Insider Buying and Selling for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Foundry Partners LLC, Penserra Capital Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Boston Advisors LLC, State Street Corp and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for 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.

One share of CTRE stock can currently be purchased for approximately $21.03.

Caretrust REIT has a market capitalization of $2.01 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.

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

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]