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S&P 500   3,852.36
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QQQ   290.27
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Hot craft spirits opportunity you don't want to miss (Ad)pixel
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
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Cassava Sciences Stock Undervalued with Its $124 Price Target?
Why Extreme Networks is a Recession-Proof Technology Play
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Hot craft spirits opportunity you don't want to miss (Ad)pixel
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Cassava Sciences Stock Undervalued with Its $124 Price Target?
Why Extreme Networks is a Recession-Proof Technology Play
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Hot craft spirits opportunity you don't want to miss (Ad)pixel
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Cassava Sciences Stock Undervalued with Its $124 Price Target?
Why Extreme Networks is a Recession-Proof Technology Play
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
NASDAQ:CTRE

CareTrust REIT - CTRE Stock Forecast, Price & News

$20.53
+0.04 (+0.20%)
(As of 01/30/2023 12:00 AM ET)
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Compare
Today's Range
$20.25
$20.71
50-Day Range
$18.58
$20.53
52-Week Range
$15.90
$22.46
Volume
553,309 shs
Average Volume
530,137 shs
Market Capitalization
$1.99 billion
P/E Ratio
N/A
Dividend Yield
5.54%
Price Target
$20.92

CareTrust REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.9% Upside
$20.92 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of CareTrust REIT in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.36%
From $1.49 to $1.54 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Finance Sector

807th out of 891 stocks

Real Estate Investment Trusts Industry

172nd out of 191 stocks


CTRE stock logo

About CareTrust REIT (NASDAQ:CTRE) Stock

CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.

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CTRE Stock News Headlines

CTRE CareTrust REIT, Inc.
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Barclays Reaffirms Their Hold Rating on CareTrust REIT (CTRE)
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CTRE Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 1/13 Dividend
12/29/2022
Dividend Payable
1/13/2023
Today
1/30/2023
Next Earnings (Estimated)
2/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CTRE
Previous Symbol
NASDAQ:CTREV
Fax
N/A
Employees
16
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.92
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$71.98 million
Pretax Margin
-1.87%

Debt

Sales & Book Value

Annual Sales
$188.95 million
Cash Flow
$1.45 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
95,331,000
Market Cap
$1.99 billion
Optionable
Optionable
Beta
1.11

Key Executives

  • David M. Sedgwick
    President, Chief Executive Officer & Director
  • William M. Wagner
    Chief Financial Officer & Treasurer
  • James Callister
    Secretary & Chief Investment Officer
  • Eric Gillis
    Director-Asset Management













CTRE Stock - Frequently Asked Questions

Should I buy or sell CareTrust REIT stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTRE shares.
View CTRE analyst ratings
or view top-rated stocks.

What is CareTrust REIT's stock price forecast for 2023?

6 brokers have issued 12-month price objectives for CareTrust REIT's stock. Their CTRE share price forecasts range from $19.00 to $22.00. On average, they anticipate the company's stock price to reach $20.92 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for CTRE
or view top-rated stocks among Wall Street analysts.

How have CTRE shares performed in 2023?

CareTrust REIT's stock was trading at $18.58 on January 1st, 2023. Since then, CTRE stock has increased by 10.7% and is now trading at $20.56.
View the best growth stocks for 2023 here
.

When is CareTrust REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our CTRE earnings forecast
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) released its earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.06. CareTrust REIT had a negative trailing twelve-month return on equity of 0.42% and a negative net margin of 1.87%. During the same period in the prior year, the business posted $0.36 EPS.

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

CareTrust REIT announced a quarterly dividend on Monday, December 19th. Investors of record on Friday, December 30th will be paid a dividend of $0.275 per share on Friday, January 13th. This represents a $1.10 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for CTRE
.

Is CareTrust REIT a good dividend stock?

CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.10 per share and currently has a dividend yield of 5.54%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CTRE.

What other stocks do shareholders of CareTrust REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CareTrust REIT investors own include Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW).

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 many different retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.42%), Manning & Napier Group LLC (0.25%), Strs Ohio (0.19%), State of Alaska Department of Revenue (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and Yousif Capital Management LLC (0.06%).
View institutional ownership trends
.

How do I buy shares of CareTrust REIT?

Shares of CTRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CareTrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $20.56.

How much money does CareTrust REIT make?

CareTrust REIT (NASDAQ:CTRE) has a market capitalization of $1.99 billion and generates $188.95 million in revenue each year. The real estate investment trust earns $71.98 million in net income (profit) each year or ($0.04) on an earnings per share basis.

How can I contact CareTrust REIT?

CareTrust REIT's mailing address is 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673. The official website for the company is www.caretrustreit.com. The real estate investment trust can be reached via phone at (949) 542-3130 or via email at ir@caretrustreit.com.

This page (NASDAQ:CTRE) was last updated on 1/31/2023 by MarketBeat.com Staff