NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTRE shares have increased by 11.4% and is now trading at $18.93.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Caretrust REIT.

Caretrust REIT Inc (NASDAQ:CTRE) released its earnings results on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. Caretrust REIT had a net margin of 29.53% and a return on equity of 5.32%.
View Caretrust REIT's earnings history.

Caretrust REIT declared a quarterly dividend on Wednesday, June 17th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share on Wednesday, July 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.28%. The ex-dividend date is Monday, June 29th.
View Caretrust REIT's dividend history.

Caretrust REIT issued an update on its FY 2020 After-Hours earnings guidance on Thursday, August, 6th. The company provided earnings per share guidance of 1.32-1.34 for the period.

7 equities research analysts have issued 12-month price objectives for Caretrust REIT's stock. Their forecasts range from $13.00 to $26.00. On average, they expect Caretrust REIT's stock price to reach $21.71 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts' price targets for Caretrust REIT.

News stories about CTRE stock have trended positive on Friday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caretrust REIT earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Caretrust REIT.

Caretrust REIT saw a decline in short interest in July. As of July 31st, there was short interest totaling 1,340,000 shares, a decline of 18.8% from the July 15th total of 1,650,000 shares. Based on an average daily trading volume, of 922,100 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.4% of the shares of the company are sold short.
View Caretrust REIT's Current Options Chain.

Some companies that are related to Caretrust REIT include Vereit (VER), Regency Centers (REG), Vornado Realty Trust (VNO), Kilroy Realty (KRC), Lamar Advertising (LAMR), National Retail Properties (NNN), Store Capital (STOR), Healthcare Trust Of America (HTA), Rexford Industrial Realty (REXR), CubeSmart (CUBE), Federal Realty Investment Trust (FRT), Apartment Investment and Management (AIV), First Industrial Realty Trust (FR), Klepierre (KLPEF) and CoreSite Realty (COR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Medical Properties Trust (MPW), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD) and Exxon Mobil (XOM).

Caretrust REIT trades on the NASDAQ under the ticker symbol "CTRE."

Caretrust REIT's stock is owned by a number of institutional and retail investors. Top institutional shareholders include PGGM Investments (7.80%), Principal Financial Group Inc. (0.83%), Foundry Partners LLC (0.49%), Swiss National Bank (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.22%) and Scout Investments Inc. (0.22%).
View institutional ownership trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Principal Financial Group Inc., Jaguar Listed Property LLC, WINTON GROUP Ltd, Virtus ETF Advisers LLC, NN Investment Partners Holdings N.V., Texas Permanent School Fund, and Hancock Whitney Corp.
View insider buying and selling activity for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, New York State Teachers Retirement System, Mackay Shields LLC, Leap Investments LP, Dupont Capital Management Corp, Swiss National Bank, SG Americas Securities LLC, and Telemus Capital LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CTRE stock can currently be purchased for approximately $18.93.

Caretrust REIT has a market capitalization of $1.81 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. Caretrust REIT employs 57 workers across the globe.

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

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]