CareTrust REIT Company Profile (NASDAQ:CTRE)

About CareTrust REIT (NASDAQ:CTRE)

CareTrust REIT logoCareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities. As of December 31, 2016, the 93 facilities leased to The Ensign Group, Inc. had a total of 9,916 beds and units and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington; the 16 facilities leased to affiliates of Pristine Senior Living, LLC had a total of 1,488 beds and units; and the 42 remaining leased properties had a total of 3,515 beds and units and are located in California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Maryland, Michigan, Minnesota, North Carolina, Texas, Virginia, Washington and Wisconsin.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Healthcare REITs
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CTRE
  • CUSIP: N/A
  • Web: www.caretrustreit.com
Average Prices:
  • 52 Week Range: $12.70 - $19.86
P/E:
  • Trailing P/E Ratio: 32.91
  • Foreward P/E Ratio: 13.99
  • P/E Growth: 0.96
Profitability:
  • Net Margins: 30.57%
  • Return on Equity: 7.87%
  • Return on Assets: 3.86%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 0.66%
  • Quick Ratio: 0.66%
Misc:
  • Beta: 0.9
 
Frequently Asked Questions for CareTrust REIT (NASDAQ:CTRE)

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 announced a quarterly dividend on Friday, June 16th. Shareholders of record on Friday, June 30th will be given a dividend of $0.185 per share on Friday, July 14th. This represents a $0.74 annualized dividend and a yield of 4.04%. The ex-dividend date is Wednesday, June 28th. View CareTrust REIT's Dividend History.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) posted its earnings results on Tuesday, February, 7th. The company reported $0.14 EPS for the quarter, hitting the Zacks' consensus estimate of $0.14. The firm had revenue of $28.20 million for the quarter, compared to analysts' expectations of $27.36 million. CareTrust REIT had a return on equity of 7.87% and a net margin of 30.57%. The company's revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.25 earnings per share. View CareTrust REIT's Earnings History.

When will CareTrust REIT make its next earnings announcement?

CareTrust REIT is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for CareTrust REIT.

What guidance has CareTrust REIT issued on next quarter's earnings?

CareTrust REIT issued an update on its FY17 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share (EPS) guidance of $1.17-1.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.19.

Where is CareTrust REIT's stock going? Where will CareTrust REIT's stock price be in 2017?

8 analysts have issued 12 month price objectives for CareTrust REIT's stock. Their predictions range from $16.00 to $20.00. On average, they anticipate CareTrust REIT's share price to reach $17.67 in the next twelve months. View Analyst Ratings for CareTrust REIT.

What are analysts saying about CareTrust REIT stock?

Here are some recent quotes from research analysts about CareTrust REIT stock:

  • 1. 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. " (7/17/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: May 03, 2017, 05:14 ET Date and time of production: May 03, 2017, 04:59 ET Target Price / Valuation Methodology: CareTrust REIT – CTRE Our $19 PT represents a blended 30% premium to our forward Net Asset Value per share estimate and a 14.6x FFO multiple applied to our $1.35 2018 FFO/sh estimate." (5/3/2017)

Are investors shorting CareTrust REIT?

CareTrust REIT saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,693,296 shares, an increase of 33.8% from the May 31st total of 2,013,156 shares. Based on an average daily volume of 812,825 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.8% of the company's stock are short sold.

Who are some of CareTrust REIT's key competitors?

Who are CareTrust REIT's key executives?

CareTrust REIT's management team includes the folowing people:

  • Gregory K. Stapley, Chairman of the Board, President, Chief Executive Officer
  • William M. Wagner, Chief Financial Officer, Treasurer, Secretary
  • David M. Sedgwick, Vice President - Operations
  • Allen C. Barbieri, Independent Director
  • Jon D. Kline, Independent Director
  • David G. Lindahl, Independent Director
  • Spencer G. Plumb, Independent Director

Who owns CareTrust REIT stock?

CareTrust REIT's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.00%), Creative Planning (0.00%), State of Alaska Department of Revenue (0.00%), Louisiana State Employees Retirement System (0.00%), Forsta AP Fonden (0.00%) and Capstone Asset Management Co. (0.00%). View Institutional Ownership Trends for CareTrust REIT.

Who sold CareTrust REIT stock? Who is selling CareTrust REIT stock?

CareTrust REIT's stock was sold by a variety of institutional investors in the last quarter, including Capstone Asset Management Co.. View Insider Buying and Selling for CareTrust REIT.

Who bought CareTrust REIT stock? Who is buying CareTrust REIT stock?

CareTrust REIT's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Creative Planning, Forsta AP Fonden, Fox Run Management L.L.C., Louisiana State Employees Retirement System, Aperio Group LLC and LS Investment Advisors LLC. View Insider Buying and Selling for CareTrust REIT.

How do I buy CareTrust REIT stock?

Shares of CareTrust REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CareTrust REIT's stock price today?

One share of CareTrust REIT stock can currently be purchased for approximately $18.33.


MarketBeat Community Rating for CareTrust REIT (NASDAQ CTRE)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  198
MarketBeat's community ratings are surveys of what our community members think about CareTrust REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CareTrust REIT (NASDAQ:CTRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $17.67 (3.62% downside)

Analysts' Ratings History for CareTrust REIT (NASDAQ:CTRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/20/2017BMO Capital MarketsDowngradeOutperform -> Market Perform$18.00 -> $20.00LowView Rating Details
5/17/2017Raymond James Financial, Inc.Reiterated RatingOutperform$17.00 -> $19.00LowView Rating Details
5/3/2017Canaccord GenuityReiterated RatingBuy$19.00LowView Rating Details
1/3/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$16.00N/AView Rating Details
11/22/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
11/3/2016Barclays PLCReiterated RatingHold$16.00N/AView Rating Details
9/14/2016StephensInitiated CoverageOverweight$16.00N/AView Rating Details
7/26/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
9/10/2015KeyCorpInitiated CoverageOverweight$13.00N/AView Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for CareTrust REIT (NASDAQ:CTRE)
Earnings by Quarter for CareTrust REIT (NASDAQ:CTRE)
Earnings History by Quarter for CareTrust REIT (NASDAQ CTRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2017$0.15N/AView Earnings Details
2/7/2017Q4 2016$0.14$0.14$27.36 million$28.20 millionViewListenView Earnings Details
8/8/2016Q2$0.26$0.27$23.68 million$25.70 millionViewN/AView Earnings Details
5/11/2016Q1$0.26$0.11$22.21 million$23.67 millionViewListenView Earnings Details
2/11/2016Q4$0.24$0.25$18.63 million$22.60 millionViewListenView Earnings Details
11/5/2015Q315$0.19$0.02$15.83 million$18.00 millionViewN/AView Earnings Details
8/10/2015Q215$0.25$0.25$16.46 million$17.40 millionViewListenView Earnings Details
5/12/2015Q115$0.23$0.24$16.05 million$17.00 millionViewN/AView Earnings Details
2/11/2015Q414$0.29$0.25$15.91 million$16.08 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.30$0.33$15.88 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CareTrust REIT (NASDAQ:CTRE)
2017 EPS Consensus Estimate: $1.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.29$0.29$0.29
Q3 20171$0.31$0.31$0.31
Q4 20171$0.32$0.32$0.32
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for CareTrust REIT (NASDAQ CTRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/16/2017quarterly$0.193.83%6/28/20176/30/20177/14/2017
3/16/2017quarterly$0.194.33%3/29/20173/31/20174/14/2017
12/20/2016quarterly$0.174.41%12/28/201612/31/20161/13/2017
9/20/2016quarterly$0.174.69%9/28/20169/30/201610/14/2016
6/20/2016quarterly$0.175.01%6/28/20166/30/20167/15/2016
3/17/2016quarterly$0.175.66%3/29/20163/31/20164/15/2016
12/17/2015quarterly$0.165.63%12/29/201512/31/20151/15/2016
9/17/2015quarterly$0.165.4%9/28/20159/30/201510/15/2015
6/19/2015quarterly$0.164.69%6/26/20156/30/20157/31/2015
3/20/2015quarterly$0.164.7%3/27/20153/31/20154/15/2015
12/18/2014quarterly$0.134.06%12/29/201412/31/20141/15/2015
10/17/2014special$5.8810/31/201412/10/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CareTrust REIT (NASDAQ:CTRE)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 86.82%
Insider Trades by Quarter for CareTrust REIT (NASDAQ:CTRE)
Institutional Ownership by Quarter for CareTrust REIT (NASDAQ:CTRE)
Insider Trades by Quarter for CareTrust REIT (NASDAQ:CTRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/16/2015Gary B SabinDirectorBuy20,000$10.25$205,000.00View SEC Filing  
1/12/2015Christopher R ChristensenDirectorSell174,396$11.82$2,061,360.72View SEC Filing  
1/7/2015Christopher R ChristensenDirectorSell115,000$11.71$1,346,650.00View SEC Filing  
1/6/2015Christopher R ChristensenDirectorSell58,221$11.63$677,110.23View SEC Filing  
1/5/2015Christopher R ChristensenDirectorSell26,701$11.78$314,537.78View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CareTrust REIT (NASDAQ:CTRE)
Latest Headlines for CareTrust REIT (NASDAQ:CTRE)
Source:
DateHeadline
americanbankingnews.com logoZacks Investment Research Upgrades CareTrust REIT, Inc. (NASDAQ:CTRE) to "Buy"
www.americanbankingnews.com - July 17 at 9:40 PM
americanbankingnews.com logo Brokerages Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) Will Announce Quarterly Sales of $31.59 Million
www.americanbankingnews.com - July 15 at 10:19 AM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 14 at 6:44 PM
finance.yahoo.com logoETFs with exposure to CareTrust REIT, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 3:27 PM
americanbankingnews.com logo Analysts Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) to Announce $0.29 Earnings Per Share
www.americanbankingnews.com - July 13 at 8:29 AM
americanbankingnews.com logoCareTrust REIT, Inc. (NASDAQ:CTRE) Downgraded by BidaskClub to Buy
www.americanbankingnews.com - July 8 at 7:46 PM
finance.yahoo.com logoCareTrust REIT, Inc. breached its 50 day moving average in a Bearish Manner : CTRE-US : July 7, 2017
finance.yahoo.com - July 8 at 8:46 AM
americanbankingnews.com logoComparing LTC Properties (LTC) & CareTrust REIT (CTRE)
www.americanbankingnews.com - July 5 at 12:42 PM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Short Interest Update
www.americanbankingnews.com - June 30 at 7:19 AM
seekingalpha.com logoThis Diamond In The Rough Has Become A True Gem
seekingalpha.com - June 27 at 9:50 PM
finance.yahoo.com logo3 Stocks With Veeva Systems-Like Return Potential
finance.yahoo.com - June 23 at 5:10 PM
americanbankingnews.com logo$31.59 Million in Sales Expected for CareTrust REIT, Inc. (CTRE) This Quarter
www.americanbankingnews.com - June 21 at 12:40 PM
americanbankingnews.com logoContrasting Geo Group Inc (The) (GEO) & CareTrust REIT (CTRE)
www.americanbankingnews.com - June 21 at 7:56 AM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 19 at 7:01 PM
americanbankingnews.com logo Analysts Expect CareTrust REIT, Inc. (CTRE) to Post $0.29 EPS
www.americanbankingnews.com - June 19 at 9:40 AM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) to Issue Quarterly Dividend of $0.19
www.americanbankingnews.com - June 16 at 5:49 PM
finance.yahoo.com logoCareTrust REIT Announces Quarterly Dividend of $0.185 per Share
finance.yahoo.com - June 16 at 5:21 PM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Upgraded at BidaskClub
www.americanbankingnews.com - June 15 at 6:58 PM
finance.yahoo.com logoCareTrust REIT Expands into New Mexico with the Acquisition of Two Skilled Nursing Facilities
finance.yahoo.com - June 5 at 12:01 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 23 at 4:16 PM
finance.yahoo.com logoStocks With Rising Composite Ratings: CareTrust REIT
finance.yahoo.com - May 18 at 4:28 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Given Outperform Rating at Raymond James Financial, Inc.
www.americanbankingnews.com - May 17 at 9:44 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - May 16 at 9:32 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) PT Set at $18.00 by BMO Capital Markets
www.americanbankingnews.com - May 15 at 2:34 PM
reuters.com logoBRIEF-Caretrust REIT prices $300 mln of senior notes due 2025
www.reuters.com - May 12 at 10:07 PM
finance.yahoo.com logoCareTrust REIT, Inc. Prices $300.0 Million of Senior Notes due 2025
finance.yahoo.com - May 10 at 4:45 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - May 9 at 3:50 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Caretrust REIT Inc Raised by KeyCorp (CTRE)
www.americanbankingnews.com - May 9 at 7:32 AM
finance.yahoo.com logoCareTrust REIT, Inc. Announces Launch of Offering of $300.0 Million of Senior Notes due 2025
finance.yahoo.com - May 8 at 9:39 AM
finance.yahoo.com logoEdited Transcript of CTRE earnings conference call or presentation 3-May-17 5:00pm GMT
finance.yahoo.com - May 6 at 7:58 AM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 4 at 11:18 PM
americanbankingnews.com logoCaretrust REIT's (CTRE) Buy Rating Reiterated at Canaccord Genuity
www.americanbankingnews.com - May 4 at 12:06 AM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Buy Rating from Canaccord Genuity
www.americanbankingnews.com - May 4 at 12:00 AM
americanbankingnews.com logo$30.26 Million in Sales Expected for Caretrust REIT Inc (CTRE) This Quarter
www.americanbankingnews.com - May 3 at 4:54 PM
finance.yahoo.com logoCareTrust REIT reports 1Q results
finance.yahoo.com - May 3 at 9:19 AM
finance.yahoo.com logoInvestor Network: CareTrust REIT Inc. to Host Earnings Call
finance.yahoo.com - May 3 at 9:19 AM
americanbankingnews.com logoCaretrust REIT (CTRE) Receives Daily News Sentiment Score of -0.01
www.americanbankingnews.com - May 2 at 11:02 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 2 at 7:24 PM
finance.yahoo.com logoCareTrust REIT Announces First Quarter 2017 Operating Results
finance.yahoo.com - May 2 at 7:07 PM
americanbankingnews.com logo Analysts Anticipate Caretrust REIT Inc (CTRE) to Post $0.28 EPS
www.americanbankingnews.com - May 1 at 1:34 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:28 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Affect Caretrust REIT (CTRE) Share Price
www.americanbankingnews.com - April 29 at 9:35 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 28 at 6:41 PM
americanbankingnews.com logoCaretrust REIT Inc (CTRE) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 28 at 7:25 AM
finance.yahoo.com logoCareTrust REIT Schedules First Quarter 2017 Earnings Call for Wednesday, May 3, 2017
finance.yahoo.com - April 27 at 5:05 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 27 at 12:48 AM
finance.yahoo.com logoCTR Partnership, L.P. -- Moody's revises CareTrust's rating outlook to positive
finance.yahoo.com - April 24 at 4:26 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Earns News Sentiment Rating of -0.05
www.americanbankingnews.com - April 23 at 3:59 PM
americanbankingnews.com logoCaretrust REIT (CTRE) Given News Sentiment Score of 0.38
www.americanbankingnews.com - April 20 at 8:59 PM
americanbankingnews.com logoZacks Investment Research Lowers Caretrust REIT Inc (CTRE) to Sell
www.americanbankingnews.com - April 18 at 9:57 PM

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Chart

CareTrust REIT (CTRE) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff