Caretrust REIT Stock Forecast, Price & News

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CTRE stock has increased by 2.9% and is now trading at $17.48.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Caretrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Caretrust REIT.

Caretrust REIT Inc (NASDAQ:CTRE) announced its earnings results on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. Caretrust REIT had a net margin of 29.43% and a return on equity of 5.29%.
View Caretrust REIT's earnings history.

Caretrust REIT announced a quarterly dividend on Thursday, September 17th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.25 per share on Thursday, October 15th. This represents a $1.00 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Tuesday, September 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 EPS guidance of 1.32-1.34 for the period.

6 brokers have issued 12 month price targets for Caretrust REIT's shares. Their forecasts range from $19.00 to $24.00. On average, they anticipate Caretrust REIT's stock price to reach $21.67 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price.
View analysts' price targets for Caretrust REIT.

Caretrust REIT saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,250,000 shares, a drop of 21.9% from the August 31st total of 1,600,000 shares. Based on an average trading volume of 795,200 shares, the short-interest ratio is currently 1.6 days. Currently, 1.3% of the shares of the stock are short sold.
View Caretrust REIT's Short Interest.

Some companies that are related to Caretrust REIT include Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), STORE Capital (STOR), CubeSmart (CUBE), Vornado Realty Trust (VNO), Regency Centers (REG), Rexford Industrial Realty (REXR), National Retail Properties (NNN), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Healthcare Trust Of America (HTA), Eastgroup Properties (EGP), Life Storage (LSI), CoreSite Realty (COR) and First Industrial Realty Trust (FR).
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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), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), Paypal (PYPL) and Medical Properties Trust (MPW).

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

Caretrust REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.24%), Valicenti Advisory Services Inc. (0.11%), Louisiana State Employees Retirement System (0.05%) and Aptus Capital Advisors LLC (0.03%).
View institutional ownership trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC.
View insider buying and selling activity for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Valicenti Advisory Services Inc., Scout Investments Inc., and Louisiana State Employees Retirement System.
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 $17.48.

Caretrust REIT has a market capitalization of $1.67 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]