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

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

Caretrust REIT declared a quarterly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.225 per share on Wednesday, January 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Monday, December 30th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) posted its earnings results on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share (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 the consensus estimate of $43.64 million. Caretrust REIT had a net margin of 28.37% and a return on equity of 5.16%. The business's revenue was down 15.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 earnings per share. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $1.32 to $1.34 for the period, compared to the Thomson Reuters consensus estimate of $1.40.

7 Wall Street analysts have issued 1-year price targets for Caretrust REIT's stock. Their forecasts range from $22.00 to $29.00. On average, they expect Caretrust REIT's stock price to reach $25.50 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Caretrust REIT.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Caretrust REIT.

News coverage about CTRE stock has trended very negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Caretrust REIT earned a news impact score of -3.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Caretrust REIT.

Caretrust REIT saw a decrease in short interest in January. As of January 31st, there was short interest totalling 1,970,000 shares, a decrease of 7.5% from the January 15th total of 2,130,000 shares. Based on an average trading volume of 1,070,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.1% of the shares of the company are sold short. View Caretrust REIT's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Energy Transfer LP Unit (ET), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Omega Healthcare Investors (OHI), NVIDIA (NVDA), MFA FINL INC/SH (MFA), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO) and ARBOR RLTY TR I/SH (ABR).

Caretrust REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (5.80%), State Street Corp (3.85%), Bank of New York Mellon Corp (3.62%), Brookfield Public Securities Group LLC (3.50%), Victory Capital Management Inc. (1.47%) and Victory Capital Management Inc. (1.47%). View Institutional Ownership Trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., State Street Corp, KBC Group NV, Bank of America Corp DE, Renaissance Technologies LLC, Keeley Teton Advisors LLC, Bank of Montreal Can and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, FMR LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Stifel Financial Corp and Cubist Systematic Strategies LLC. 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 $23.27.

Caretrust REIT has a market capitalization of $2.22 billion and generates $163.40 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.36 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]