NASDAQ:CTRE - Caretrust REIT Stock Price, News, & Analysis

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$20.02 -0.20 (-0.99 %)
(As of 01/22/2019 02:49 PM ET)
Previous Close$20.22
Today's Range$19.88 - $20.27
52-Week Range$12.73 - $20.72
Volume20,832 shs
Average Volume998,916 shs
Market Capitalization$1.68 billion
P/E Ratio17.37
Dividend Yield4.06%
Beta0.77
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 192 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust REIT 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
CUSIPN/A
Phone949-542-3130

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$132.98 million
Cash Flow$0.9071 per share
Book Value$7.83 per share

Profitability

Net Income$25.87 million

Miscellaneous

Employees50
Market Cap$1.68 billion
OptionableOptionable

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, December 18th. Investors of record on Monday, December 31st will be given a dividend of $0.205 per share on Tuesday, January 15th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Friday, December 28th. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.14. The real estate investment trust had revenue of $39.50 million for the quarter, compared to the consensus estimate of $39.37 million. Caretrust REIT had a return on equity of 7.01% and a net margin of 29.14%. The company's revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.28 earnings per share. View Caretrust REIT's Earnings History.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Caretrust REIT.

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

Caretrust REIT issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $1.27-1.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.29.

What price target have analysts set for CTRE?

7 Wall Street analysts have issued 12 month price targets for Caretrust REIT's shares. Their forecasts range from $15.00 to $22.00. On average, they anticipate Caretrust REIT's share price to reach $19.3333 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Caretrust REIT.

What is the consensus analysts' recommendation for Caretrust REIT?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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. 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. " (12/5/2018)
  • 2. Cantor Fitzgerald analysts commented, "We rate CTRE 12-month price target of $20. We believe that the market underappreciates the skilled nursing opportunity and that CTRE is well positioned to capitalize on the consolidation of the skilled nursing market. In our view, the skilled nursing industry is well-positioned to provide post-acute care like short-stay rehab and capitalize on the increasingly value-based reimbursement market. 12-month price target of $20 is based on a blended approach of discounted cash flow analysis and comparable-company analysis." (11/5/2018)

Has Caretrust REIT been receiving favorable news coverage?

Press coverage about CTRE stock has trended very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caretrust REIT earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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:
  • Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 58)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 52)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 42)
  • Mr. Mark D. Lamb, Chief Investment Officer
  • Mr. Eric Gillis, Director of Asset Management

Who are Caretrust REIT's major shareholders?

Caretrust REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gagnon Securities LLC (0.27%), Scout Investments Inc. (0.18%), State of Alaska Department of Revenue (0.07%), Boston Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.04%) and FNY Investment Advisers LLC (0.00%). 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 Boston Advisors LLC, Louisiana State Employees Retirement System and Scout Investments Inc.. View Insider Buying and Selling for Caretrust REIT.

Which major investors are buying Caretrust REIT stock?

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Gagnon Securities LLC, State of Alaska Department of Revenue and FNY Investment Advisers LLC. 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 $20.09.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $1.69 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.

What is Caretrust REIT's official website?

The official website for Caretrust REIT is http://www.caretrustreit.com.

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 (NASDAQ CTRE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  542
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.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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