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 186 net leased healthcare properties and three operated seniors housing properties in 24 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. More information about CareTrust REIT is available at www.caretrustreit.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CTRE
CUSIPN/A
Phone949-542-3130
Debt
Debt-to-Equity Ratio1.00
Current Ratio1.34
Quick Ratio1.34
Price-To-Earnings
Trailing P/E Ratio14.61
Forward P/E Ratio13.14
P/E Growth2.59
Sales & Book Value
Annual Sales$132.98 million
Price / Sales9.71
Cash Flow$0.9262 per share
Price / Cash18.30
Book Value$7.83 per share
Price / Book2.16
Profitability
EPS (Most Recent Fiscal Year)$1.16
Net Income$25.87 million
Net Margins21.50%
Return on Equity5.03%
Return on Assets2.65%
Miscellaneous
Employees50
Outstanding Shares76,140,000
Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions
What is Caretrust REIT's stock symbol?
Caretrust REIT trades on the NASDAQ under the ticker symbol "CTRE."
How often does Caretrust REIT pay dividends? What is the dividend yield for Caretrust REIT?
Caretrust REIT declared a quarterly dividend on Tuesday, June 19th. Shareholders of record on Friday, June 29th will be given a dividend of $0.205 per share on Friday, July 13th. This represents a $0.82 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Thursday, June 28th. View Caretrust REIT's Dividend History.
How were Caretrust REIT's earnings last quarter?
Caretrust REIT Inc (NASDAQ:CTRE) issued its quarterly earnings data on Tuesday, May, 8th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.12. The real estate investment trust had revenue of $38.10 million for the quarter, compared to analysts' expectations of $36.99 million. Caretrust REIT had a return on equity of 5.03% and a net margin of 21.50%. The company's revenue for the quarter was up 24.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 EPS. View Caretrust REIT's Earnings History.
When is Caretrust REIT's next earnings date?
What guidance has Caretrust REIT issued on next quarter's earnings?
Caretrust REIT updated its FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of $1.26-$1.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.29.
What price target have analysts set for CTRE?
8 Wall Street analysts have issued 1 year price objectives for Caretrust REIT's stock. Their predictions range from $15.00 to $21.00. On average, they anticipate Caretrust REIT's share price to reach $17.3750 in the next twelve months. View Analyst Ratings for Caretrust REIT.
What are Wall Street analysts saying about Caretrust REIT stock?
Here are some recent quotes from research analysts about Caretrust REIT stock:
- 1. Cantor Fitzgerald analysts commented, "CTRE’s 1Q18 results exceeded consensus expectations (they were in line with ours) and the company raised full year guidance, demonstrating the strength of the company’s operator mix and its conservative approach to the skilled nursing market. CTRE completed its transition of Pristine facilities in early May." (5/8/2018)
- 2. According to Zacks Investment Research, "CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States. " (3/30/2018)
Who are some of Caretrust REIT's key competitors?
Some companies that are related to Caretrust REIT include Rayonier (RYN), EPR Properties (EPR), Hospitality Properties Trust (HPT), Life Storage (LSI), Gramercy Property Trust (GPT), JBG SMITH Properties (JBGS), Ryman Hospitality Properties (RHP), Apple Hospitality REIT (APLE), Senior Housing Properties Trust (SNH), First Industrial Realty Trust (FR), Uniti Group (UNIT), Cousins Properties (CUZ), RLJ Lodging Trust (RLJ), Weingarten Realty Investors (WRI) and Sabra Health Care REIT (SBRA).
Who are Caretrust REIT's key executives?
Caretrust REIT's management team includes the folowing people:
- Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 58)
- Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 52)
- Mr. David M. Sedgwick, VP of Operations (Age 42)
- Mr. Mark Lamb, Director of Investments
Has Caretrust REIT been receiving favorable news coverage?
Headlines about CTRE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Caretrust REIT earned a coverage optimism score of 0.20 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 45.42 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Caretrust REIT's major shareholders?
Caretrust REIT's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.10%), Millennium Management LLC (2.15%), Northern Trust Corp (1.82%), Keeley Teton Advisors LLC (1.61%), Dimensional Fund Advisors LP (1.43%) and Heartland Advisors Inc. (1.41%). 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 Russell Investments Group Ltd., Franklin Resources Inc., JPMorgan Chase & Co., Groesbeck Investment Management Corp NJ, Fiera Capital Corp, Wells Fargo & Company MN, Guggenheim Capital LLC and Opus Capital Group LLC. View Insider Buying and Selling for Caretrust REIT.
Which major investors are buying Caretrust REIT stock?
CTRE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Keeley Teton Advisors LLC, Carillon Tower Advisers Inc., Amundi Pioneer Asset Management Inc., Heartland Advisors Inc., Northern Trust Corp and WINTON GROUP Ltd. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Caretrust REIT's stock price today?
One share of CTRE stock can currently be purchased for approximately $16.95.
How big of a company is Caretrust REIT?
Caretrust REIT has a market capitalization of $1.28 billion and generates $132.98 million in revenue each year. The real estate investment trust earns $25.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Caretrust REIT employs 50 workers across the globe.
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]
MarketBeat Community Rating for Caretrust REIT (CTRE)
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.
