NASDAQ:CTRE Caretrust REIT Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Caretrust REIT Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $18.59 -0.17 (-0.91 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$18.45Now: $18.59▼$19.0350-Day Range$17.98MA: $18.93▼$20.0852-Week Range$7.16Now: $18.59▼$24.56Volume1.61 million shsAverage Volume937,825 shsMarket Capitalization$1.78 billionP/E Ratio36.45Dividend Yield5.33%Beta0.97 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingCaretrust REIT has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.67, Caretrust REIT has a forecasted upside of 11.2% from its current price of $18.59.Amount of Analyst CoverageCaretrust REIT has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCaretrust REIT has received 381 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCaretrust REIT has received 367 “underperform” votes. (Add your “underperform” vote.)Community SentimentCaretrust REIT has received 50.94% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCaretrust REIT is a leading dividend payer. It pays a dividend yield of 5.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCaretrust REIT has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Caretrust REIT is 73.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Caretrust REIT will have a dividend payout ratio of 71.94% next year. This indicates that Caretrust REIT will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Caretrust REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.37% of the stock of Caretrust REIT is held by insiders.Percentage Held by Institutions89.52% of the stock of Caretrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Caretrust REIT are expected to grow by 3.73% in the coming year, from $1.34 to $1.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Caretrust REIT is 36.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Caretrust REIT is 36.45, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Book Value per Share RatioCaretrust REIT has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.96 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone949-542-3130Debt Debt-to-Equity Ratio0.54 Current Ratio0.57 Quick Ratio0.57Price-To-Earnings Trailing P/E Ratio36.45 Forward P/E Ratio13.87 P/E GrowthN/A Sales & Book Value Annual Sales$163.40 million Price / Sales10.89 Cash Flow$1.06 per share Price / Cash Flow17.54 Book Value$9.71 per share Price / Book1.91Profitability EPS (Most Recent Fiscal Year)$1.36 Net Income$46.36 million Net Margins29.43% Return on Equity5.29% Return on Assets3.24%Miscellaneous Employees57 Outstanding Shares95,737,000Market Cap$1.78 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $18.59 -0.17 (-0.91 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CTRE News and Ratings via Email Sign-up to receive the latest news and ratings for CTRE and its competitors with MarketBeat's FREE daily newsletter. Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions How has Caretrust REIT's stock price been impacted by Coronavirus (COVID-19)? Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTRE stock has increased by 9.4% and is now trading at $18.59. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Caretrust REIT? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating 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 Thursday, November 5th 2020. View our earnings forecast for Caretrust REIT. How were Caretrust REIT's earnings last quarter? Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.01. Caretrust REIT had a return on equity of 5.29% and a net margin of 29.43%. 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 Thursday, September 17th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.25 per share on Thursday, October 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Tuesday, September 29th. 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, August, 6th. The company provided earnings per share (EPS) guidance of 1.32-1.34 for the period. What price target have analysts set for CTRE? 6 brokers have issued 1-year price targets for Caretrust REIT's shares. Their forecasts range from $13.00 to $24.00. On average, they anticipate Caretrust REIT's share price to reach $20.67 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View analysts' price targets for Caretrust REIT. Are investors shorting Caretrust REIT? Caretrust REIT saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,600,000 shares, a decline of 11.6% from the August 15th total of 1,810,000 shares. Based on an average daily trading volume, of 855,400 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.7% of the company's shares are sold short. View Caretrust REIT's Short Interest. Who are some of Caretrust REIT's key competitors? Some companies that are related to Caretrust REIT include Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), Store Capital (STOR), Regency Centers (REG), Vornado Realty Trust (VNO), National Retail Properties (NNN), CubeSmart (CUBE), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Rexford Industrial Realty (REXR), Healthcare Trust Of America (HTA), Kimco Realty (KIM), Eastgroup Properties (EGP), Apartment Investment and Management (AIV) and First Industrial Realty Trust (FR). View all competitors. 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), Home Depot (HD), Cisco Systems (CSCO), CVS Health (CVS), Bristol-Myers Squibb (BMY), Paypal (PYPL) and Medical Properties Trust (MPW). 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 OfficerMs. 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 Vanguard Group Inc. (15.63%), PGGM Investments (7.80%), Bank of New York Mellon Corp (3.96%), FMR LLC (3.36%), Nuveen Asset Management LLC (1.48%) and Charles Schwab Investment Management Inc. (1.08%). 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 FMR LLC, PGGM Investments, Victory Capital Management Inc., Vanguard Group Inc., Bank of Montreal Can, Principal Financial Group Inc., Principal Financial Group Inc., and Goldman Sachs Group Inc.. View insider buying and selling activity for Caretrust REIT. Which major investors are buying Caretrust REIT stock? CTRE stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, Charles Schwab Investment Management Inc., Baird Financial Group Inc., Marshall Wace LLP, Foundry Partners LLC, and UBS Oconnor 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 $18.59. How big of a company is Caretrust REIT? Caretrust REIT has a market capitalization of $1.78 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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