CareTrust 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: N/A
- Foreward P/E Ratio: 14.64
- P/E Growth: 0.00
Profitability:- Net Margins: 24.02%
- Return on Equity: 5.76%
- Return on Assets: 3.03%
Debt:- Debt-to-Equity Ratio: 0.65%
- Current Ratio: 3.06%
- Quick Ratio: 3.06%
Misc:
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 Tuesday, September 19th. Investors of record on Friday, September 29th will be paid a dividend of $0.185 per share on Friday, October 13th. This represents a $0.74 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Thursday, September 28th. View CareTrust REIT's Dividend History.
How were CareTrust REIT's earnings last quarter?
CareTrust REIT, Inc. (NASDAQ:CTRE) released its quarterly earnings data on Tuesday, February, 7th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.14. The business had revenue of $28.20 million for the quarter, compared to the consensus estimate of $27.36 million. CareTrust REIT had a net margin of 24.02% and a return on equity of 5.76%. The company's revenue was up 24.8% compared to the same quarter last year. During the same period last year, the firm earned $0.25 earnings per share. View CareTrust REIT's Earnings History.
When will CareTrust REIT make its next earnings announcement?
Where is CareTrust REIT's stock going? Where will CareTrust REIT's stock price be in 2017?
7 equities research analysts have issued 1 year price targets for CareTrust REIT's shares. Their predictions range from $16.00 to $20.00. On average, they expect CareTrust REIT's share price to reach $18.33 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. " (9/19/2017)
- 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)
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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.82%), BlackRock Inc. (13.06%), FMR LLC (9.05%), Wasatch Advisors Inc. (0.00%), State Street Corp (0.00%) and Bank of New York Mellon Corp (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 Goldman Sachs Group Inc., Bank of New York Mellon Corp, Heartland Advisors Inc., Opus Capital Group LLC, Boston Partners, WBI Investments Inc., LSV Asset Management and Kennedy Capital Management Inc.. View Insider Buying and Selling for CareTrust REIT.
Who bought CareTrust REIT stock? Who is buying CareTrust REIT stock?
CareTrust REIT's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Teachers Advisors LLC, Russell Investments Group Ltd., BlackRock Inc., Fiera Capital Corp, FMR LLC, Renaissance Technologies LLC and State Street Corp. 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 $19.03.
MarketBeat Community Rating for CareTrust REIT (NASDAQ CTRE)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.
Consensus Ratings for CareTrust REIT (NASDAQ:CTRE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.43) |
| Consensus Price Target: | $18.33 (3.66% downside) |
Analysts' Ratings History for CareTrust REIT (NASDAQ:CTRE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/25/2017 | KeyCorp | Reiterated Rating | Buy | $20.00 | Low |  |
| 6/20/2017 | BMO Capital Markets | Downgrade | Outperform -> Market Perform | $18.00 -> $20.00 | Low | |
| 5/17/2017 | Raymond James Financial, Inc. | Reiterated Rating | Outperform | $17.00 -> $19.00 | Low | |
| 5/3/2017 | Canaccord Genuity | Reiterated Rating | Buy | $19.00 | Low | |
| 1/3/2017 | Royal Bank Of Canada | Downgrade | Outperform -> Sector Perform | $16.00 | N/A | |
| 11/22/2016 | JMP Securities | Reiterated Rating | Hold | | N/A | |
| 11/3/2016 | Barclays PLC | Reiterated Rating | Hold | $16.00 | N/A | |
| 9/14/2016 | Stephens | Initiated Coverage | Overweight | $16.00 | N/A | |
| 7/26/2016 | Wells Fargo & Company | Initiated Coverage | Market Perform | | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for CareTrust REIT (NASDAQ:CTRE)Earnings History by Quarter for CareTrust REIT (NASDAQ CTRE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.17 | | | | | N/A | |
| 2/7/2017 | Q4 2016 | $0.14 | $0.14 | $27.36 million | $28.20 million | View | Listen | |
| 8/8/2016 | Q2 | $0.26 | $0.27 | $23.68 million | $25.70 million | View | N/A | |
| 5/11/2016 | Q1 | $0.26 | $0.11 | $22.21 million | $23.67 million | View | Listen | |
| 2/11/2016 | Q4 | $0.24 | $0.25 | $18.63 million | $22.60 million | View | Listen | |
| 11/5/2015 | Q315 | $0.19 | $0.02 | $15.83 million | $18.00 million | View | N/A | |
| 8/10/2015 | Q215 | $0.25 | $0.25 | $16.46 million | $17.40 million | View | Listen | |
| 5/12/2015 | Q115 | $0.23 | $0.24 | $16.05 million | $17.00 million | View | N/A | |
| 2/11/2015 | Q414 | $0.29 | $0.25 | $15.91 million | $16.08 million | View | N/A | |
| 10/30/2014 | Q3 2014 | $0.30 | $0.33 | | $15.88 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CareTrust REIT (NASDAQ:CTRE)2017 EPS Consensus Estimate: $1.15
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.28 | $0.28 | $0.28 |
| Q2 2017 | 1 | $0.29 | $0.29 | $0.29 |
| Q3 2017 | 1 | $0.28 | $0.28 | $0.28 |
| Q4 2017 | 1 | $0.30 | $0.30 | $0.30 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for CareTrust REIT (NASDAQ CTRE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/19/2017 | quarterly | $0.19 | 3.84% | 9/28/2017 | 9/29/2017 | 10/13/2017 |
| 6/16/2017 | quarterly | $0.19 | 3.83% | 6/28/2017 | 6/30/2017 | 7/14/2017 |
| 3/16/2017 | quarterly | $0.19 | 4.33% | 3/29/2017 | 3/31/2017 | 4/14/2017 |
| 12/20/2016 | quarterly | $0.17 | 4.41% | 12/28/2016 | 12/31/2016 | 1/13/2017 |
| 9/20/2016 | quarterly | $0.17 | 4.69% | 9/28/2016 | 9/30/2016 | 10/14/2016 |
| 6/20/2016 | quarterly | $0.17 | 5.01% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/17/2016 | quarterly | $0.17 | 5.66% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 12/17/2015 | quarterly | $0.16 | 5.63% | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 9/17/2015 | quarterly | $0.16 | 5.4% | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 6/19/2015 | quarterly | $0.16 | 4.69% | 6/26/2015 | 6/30/2015 | 7/31/2015 |
| 3/20/2015 | quarterly | $0.16 | 4.7% | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 12/18/2014 | quarterly | $0.13 | 4.06% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 10/17/2014 | special | $5.88 | | | 10/31/2014 | 12/10/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for CareTrust REIT (NASDAQ:CTRE)Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 89.39%
Insider Trades by Quarter for CareTrust REIT (NASDAQ:CTRE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/16/2015 | Gary B Sabin | Director | Buy | 20,000 | $10.25 | $205,000.00 | |
| 1/12/2015 | Christopher R Christensen | Director | Sell | 174,396 | $11.82 | $2,061,360.72 | |
| 1/7/2015 | Christopher R Christensen | Director | Sell | 115,000 | $11.71 | $1,346,650.00 | |
| 1/6/2015 | Christopher R Christensen | Director | Sell | 58,221 | $11.63 | $677,110.23 | |
| 1/5/2015 | Christopher R Christensen | Director | Sell | 26,701 | $11.78 | $314,537.78 | |
(Data available from 1/1/2013 forward)
Headline Trends for CareTrust REIT (NASDAQ:CTRE)
Latest Headlines for CareTrust REIT (NASDAQ:CTRE)
| Source: |
|
| Date | Headline |
|---|
 | CareTrust REIT, Inc. (CTRE) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 19 at 10:54 PM |
| CareTrust REIT, Inc. (CTRE) to Issue Quarterly Dividend of $0.19
www.americanbankingnews.com - September 19 at 6:22 PM |
| Comparing CareTrust REIT (CTRE) and Its Rivals
www.americanbankingnews.com - September 16 at 6:30 PM |
| Comparing CareTrust REIT (CTRE) & Global Medical REIT (GMRE)
www.americanbankingnews.com - September 16 at 2:42 PM |
| Head to Head Contrast: Healthcare Realty Trust (HR) vs. CareTrust REIT (CTRE)
www.americanbankingnews.com - September 13 at 2:28 AM |
| Reviewing MedEquities Realty Trust (MRT) & CareTrust REIT (CTRE)
www.americanbankingnews.com - September 12 at 6:08 AM |
| $0.29 EPS Expected for CareTrust REIT, Inc. (CTRE) This Quarter
www.americanbankingnews.com - September 10 at 2:22 AM |
 | CareTrust REIT Acquires Three Skilled Nursing Assets; Expands into Oregon
finance.yahoo.com - September 5 at 7:11 PM |
| CareTrust REIT Expands Skilled Nursing Portfolio in Texas
finance.yahoo.com - September 5 at 7:11 PM |
| CareTrust REIT Expands Skilled Nursing Portfolio in Idaho
finance.yahoo.com - September 5 at 7:11 PM |
| CareTrust REIT, Inc. (CTRE) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 2 at 4:28 PM |
| CareTrust REIT Provides an Update on its Texas Properties
finance.yahoo.com - September 1 at 3:37 AM |
| KeyCorp Reaffirms Buy Rating for CareTrust REIT, Inc. (CTRE)
www.americanbankingnews.com - August 27 at 11:54 AM |
| CareTrust REIT (CTRE) & Sabra Healthcare REIT (SBRA) Head to Head Review
www.americanbankingnews.com - August 27 at 4:24 AM |
| Q3 2017 EPS Estimates for CareTrust REIT, Inc. Reduced by Analyst (CTRE)
www.americanbankingnews.com - August 25 at 8:16 AM |
| FY2017 EPS Estimates for CareTrust REIT, Inc. (CTRE) Cut by KeyCorp
www.americanbankingnews.com - August 24 at 7:50 AM |
| Zacks Investment Research Downgrades CareTrust REIT, Inc. (CTRE) to Sell
www.americanbankingnews.com - August 22 at 9:26 PM |
| CareTrust REIT, Inc. (CTRE) Upgraded to "Buy" at BidaskClub
www.americanbankingnews.com - August 19 at 7:08 PM |
| CareTrust REIT, Inc. breached its 50 day moving average in a Bullish Manner : CTRE-US : August 17, 2017
finance.yahoo.com - August 17 at 6:56 PM |
| See what the IHS Markit Score report has to say about Caretrust REIT Inc.
finance.yahoo.com - August 14 at 6:00 PM |
| Comparing CareTrust REIT (CTRE) & HCP (HCP)
www.americanbankingnews.com - August 13 at 9:00 AM |
| IHS Markit Score downgrades Caretrust REIT Inc to 32 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 6:06 PM |
| CareTrust REIT (NASDAQ:CTRE) vs. Community Healthcare Trust (CHCT) Head to Head Contrast
www.americanbankingnews.com - August 10 at 6:23 PM |
| CareTrust REIT (CTRE) vs. Aviv REIT (AVIV) Head to Head Contrast
www.americanbankingnews.com - August 10 at 4:32 PM |
| CareTrust REIT, Inc. (NASDAQ:CTRE) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 8 at 7:04 PM |
| Zacks Investment Research Lowers CareTrust REIT, Inc. (NASDAQ:CTRE) to Hold
www.americanbankingnews.com - August 7 at 9:56 PM |
| Zacks: Brokerages Anticipate CareTrust REIT, Inc. (CTRE) Will Post Quarterly Sales of $32.41 Million
www.americanbankingnews.com - August 6 at 7:54 AM |
| CareTrust REIT (NASDAQ:CTRE) versus Sabra Healthcare REIT (SBRA) Critical Comparison
www.americanbankingnews.com - August 5 at 10:24 AM |
| $0.30 Earnings Per Share Expected for CareTrust REIT, Inc. (NASDAQ:CTRE) This Quarter
www.americanbankingnews.com - August 4 at 8:26 AM |
| Edited Transcript of CTRE earnings conference call or presentation 3-Aug-17 4:00pm GMT
finance.yahoo.com - August 4 at 5:05 AM |
| Investor Network: CareTrust REIT Inc to Host Earnings Call
finance.yahoo.com - August 3 at 7:00 PM |
| CareTrust REIT reports 2Q results
finance.yahoo.com - August 3 at 7:00 PM |
| CareTrust REIT Announces Second Quarter 2017 Operating Results
finance.yahoo.com - August 2 at 6:28 PM |
| CareTrust REIT Expands Senior Housing Portfolio in Minnesota
finance.yahoo.com - August 1 at 6:20 PM |
| CareTrust REIT, Inc. (NASDAQ:CTRE) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 8:26 AM |
| Short Interest in CareTrust REIT, Inc. (NASDAQ:CTRE) Decreases By 23.8%
www.americanbankingnews.com - July 30 at 7:03 AM |
| CareTrust REIT Schedules Second Quarter 2017 Earnings Call for Thursday, August 3, 2017
finance.yahoo.com - July 27 at 5:56 PM |
| ETFs with exposure to CareTrust REIT, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 5:19 PM |
| Zacks Investment Research Upgrades CareTrust REIT, Inc. (NASDAQ:CTRE) to "Buy"
www.americanbankingnews.com - July 17 at 9:40 PM |
| Brokerages Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) Will Announce Quarterly Sales of $31.59 Million
www.americanbankingnews.com - July 15 at 10:19 AM |
| CareTrust REIT, Inc. (CTRE) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 14 at 6:44 PM |
| ETFs with exposure to CareTrust REIT, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 3:27 PM |
| Analysts Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) to Announce $0.29 Earnings Per Share
www.americanbankingnews.com - July 13 at 8:29 AM |
| CareTrust REIT, Inc. (NASDAQ:CTRE) Downgraded by BidaskClub to Buy
www.americanbankingnews.com - July 8 at 7:46 PM |
| CareTrust 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 |
| Comparing LTC Properties (LTC) & CareTrust REIT (CTRE)
www.americanbankingnews.com - July 5 at 12:42 PM |
| CareTrust REIT, Inc. (CTRE) Short Interest Update
www.americanbankingnews.com - June 30 at 7:19 AM |
 | This Diamond In The Rough Has Become A True Gem
seekingalpha.com - June 27 at 9:50 PM |
| 3 Stocks With Veeva Systems-Like Return Potential
finance.yahoo.com - June 23 at 5:10 PM |
| $31.59 Million in Sales Expected for CareTrust REIT, Inc. (CTRE) This Quarter
www.americanbankingnews.com - June 21 at 12:40 PM |
CareTrust REIT (CTRE) Chart for Friday, September, 22, 2017
