CareTrust REIT Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CareTrust REIT stock.
View analyst ratings for CareTrust REIT or view top-rated stocks.

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CareTrust REIT saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,280,000 shares, a drop of 15.9% from the May 31st total of 2,710,000 shares. Based on an average daily volume of 553,800 shares, the days-to-cover ratio is currently 4.1 days. Approximately 2.4% of the shares of the stock are short sold.
View CareTrust REIT's Short Interest.

CareTrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for CareTrust REIT.

CareTrust REIT, Inc. (NASDAQ:CTRE) released its earnings results on Thursday, May, 6th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.01. CareTrust REIT had a net margin of 45.64% and a trailing twelve-month return on equity of 8.93%.
View CareTrust REIT's earnings history.

CareTrust REIT's stock was trading at $16.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTRE stock has increased by 41.6% and is now trading at $24.05.
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CareTrust REIT declared a quarterly dividend on Wednesday, June 16th. Shareholders of record on Wednesday, June 30th will be given a dividend of $0.265 per share on Thursday, July 15th. This represents a $1.06 annualized dividend and a dividend yield of 4.41%. The ex-dividend date is Tuesday, June 29th.
View CareTrust REIT's dividend history.

CareTrust REIT pays an annual dividend of $1.06 per share and currently has a dividend yield of 4.37%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. CareTrust REIT has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of CareTrust REIT is 76.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 66.25% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.
View CareTrust REIT's dividend history.

CareTrust REIT updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of 1.460-1.480 for the period. The company issued revenue guidance of -.

8 brokers have issued 1-year price objectives for CareTrust REIT's stock. Their forecasts range from $22.00 to $26.00. On average, they anticipate CareTrust REIT's share price to reach $24.29 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
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Some companies that are related to CareTrust REIT include CyrusOne (CONE), Life Storage (LSI), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Omega Healthcare Investors (OHI), National Retail Properties (NNN), AGNC Investment (AGNC), Vornado Realty Trust (VNO), Rexford Industrial Realty (REXR), Kilroy Realty (KRC), Apartment Income REIT (AIRC), Starwood Property Trust (STWD), Klépierre (KLPEF), First Industrial Realty Trust (FR) and EastGroup Properties (EGP).
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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), The Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW).

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

CareTrust REIT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.44%), Manning & Napier Group LLC (0.14%), State of Alaska Department of Revenue (0.11%), Aptus Capital Advisors LLC (0.04%) and Raymond James Trust N.A. (0.02%).
View institutional ownership trends for CareTrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC.
View insider buying and selling activity for CareTrust REIT or view top insider-selling stocks.

CTRE stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Aptus Capital Advisors LLC, State of Alaska Department of Revenue, and Raymond James Trust N.A..
View insider buying and selling activity for CareTrust REIT or or view top insider-buying stocks.

Shares of CTRE 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.
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One share of CTRE stock can currently be purchased for approximately $24.05.

CareTrust REIT has a market capitalization of $2.33 billion and generates $178.33 million in revenue each year. The real estate investment trust earns $80.87 million in net income (profit) each year or $1.38 on an earnings per share basis.

CareTrust REIT employs 15 workers across the globe.

The official website for CareTrust REIT is www.caretrustreit.com.

CareTrust REIT is headquartered at 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673.

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]