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DOW   31,535.51
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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CareTrust REIT Stock Forecast, Price & News

+0.64 (+2.89 %)
(As of 03/1/2021 12:00 AM ET)
Today's Range
Now: $22.82
50-Day Range
MA: $22.74
52-Week Range
Now: $22.82
Volume690,313 shs
Average Volume607,517 shs
Market Capitalization$2.19 billion
P/E Ratio26.85
Dividend Yield4.51%
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.
CareTrust REIT logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
Year FoundedN/A



Sales & Book Value

Annual Sales$163.40 million
Cash Flow$1.11 per share
Book Value$9.71 per share


Net Income$46.36 million


Market Cap$2.19 billion
Next Earnings Date5/6/2021 (Estimated)


Overall MarketRank

2.42 out of 5 stars

Finance Sector

45th out of 1,938 stocks

Real Estate Investment Trusts Industry

9th out of 273 stocks

Analyst Opinion: 2.5Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
+0.64 (+2.89 %)
(As of 03/1/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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CareTrust REIT (NASDAQ:CTRE) Frequently Asked Questions

Is CareTrust REIT a buy right now?

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

What stocks does MarketBeat like better than CareTrust REIT?

Wall Street analysts have given CareTrust REIT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CareTrust REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CareTrust REIT's next earnings date?

CareTrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for CareTrust REIT

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) issued its earnings results on Tuesday, February, 9th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.14. CareTrust REIT had a net margin of 45.10% and a trailing twelve-month return on equity of 8.74%.
View CareTrust REIT's earnings history

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 (WHO). Since then, CTRE stock has increased by 34.3% and is now trading at $22.82.
View which stocks have been most impacted by COVID-19

How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT?

CareTrust REIT announced a quarterly dividend on Monday, December 21st. Shareholders of record on Thursday, December 31st will be given a dividend of $0.25 per share on Friday, January 15th. This represents a $1.00 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Wednesday, December 30th.
View CareTrust REIT's dividend history

Is CareTrust REIT a good dividend stock?

CareTrust REIT pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.51%. 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 73.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 68.97% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.
View CareTrust REIT's dividend history.

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

CareTrust REIT updated its FY 2021 After-Hours earnings guidance on Wednesday, February, 10th. The company provided earnings per share (EPS) guidance of 1.40-1.42 for the period.

What price target have analysts set for CTRE?

9 equities research analysts have issued twelve-month price targets for CareTrust REIT's shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate CareTrust REIT's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price.
View analysts' price targets for CareTrust REIT
or view top-rated stocks among Wall Street analysts.

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 61, Pay $1.77M)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 55, Pay $866.21k)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 45, Pay $797.59k)
  • Mr. Mark D. Lamb, Chief Investment Officer (Age 43, Pay $797.59k)
  • Mr. Eric Gillis, Director of Asset Management
  • Ms. Lauren Beale, Controller

Who are some of CareTrust REIT's key 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), Cisco Systems (CSCO), The Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW).

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 investors include BlackRock Inc. (19.81%), Bank of New York Mellon Corp (4.19%), Northern Trust Corp (2.18%), Dimensional Fund Advisors LP (1.49%), Nuveen Asset Management LLC (1.28%) and Charles Schwab Investment Management Inc. (1.22%).
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 Nuveen Asset Management LLC, Renaissance Technologies LLC, Morgan Stanley, Victory Capital Management Inc., Canada Pension Plan Investment Board, Public Sector Pension Investment Board, Principal Financial Group Inc., and Principal Financial Group Inc..
View insider buying and selling activity for CareTrust REIT
or view top insider-selling stocks.

Which major investors are buying CareTrust REIT stock?

CTRE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Peregrine Capital Management LLC, Raymond James Financial Services Advisors Inc., Bank of New York Mellon Corp, Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, UBS Oconnor LLC, and UBS Oconnor LLC.
View insider buying and selling activity for CareTrust REIT
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CareTrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $22.82.

How much money does CareTrust REIT make?

CareTrust REIT has a market capitalization of $2.19 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.

How many employees does CareTrust REIT have?

CareTrust REIT employs 52 workers across the globe.

What is CareTrust REIT's official website?

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

Where are CareTrust REIT's headquarters?

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

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 3/2/2021 by MarketBeat.com Staff

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