CareTrust REIT Stock Forecast, Price & 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 stock has increased by 19.4% and is now trading at $20.28.
View which stocks have been most impacted by COVID-19.

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 or view MarketBeat's top 5 stock picks.

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CareTrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for CareTrust REIT.

CareTrust REIT, Inc. (NASDAQ:CTRE) announced its quarterly earnings results on Thursday, November, 5th. The real estate investment trust reported $0.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.10. CareTrust REIT had a return on equity of 8.74% and a net margin of 45.10%.
View CareTrust REIT's earnings history.

CareTrust REIT announced a quarterly dividend on Thursday, September 17th. Investors 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 4.93%. The ex-dividend date is Tuesday, September 29th.
View CareTrust REIT's dividend history.

CareTrust REIT updated its FY 2020 After-Hours earnings guidance on Thursday, November, 5th. The company provided EPS guidance of 1.36-1.37 for the period.

7 equities research analysts have issued twelve-month price targets for CareTrust REIT's stock. Their forecasts range from $19.00 to $24.00. On average, they expect CareTrust REIT's stock price to reach $21.71 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for CareTrust REIT.

CareTrust REIT saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,460,000 shares, an increase of 50.2% from the October 15th total of 971,800 shares. Based on an average trading volume of 591,200 shares, the short-interest ratio is presently 2.5 days. Currently, 1.6% of the shares of the company are sold short.
View CareTrust REIT's Short Interest.

Some companies that are related to CareTrust REIT include Regency Centers (REG), Regency Centers (REG), Vornado Realty Trust (VNO), Kilroy Realty (KRC), Americold Realty Trust (COLD), Klépierre (KLPEF), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Apartment Investment and Management (AIV), Healthcare Trust of America (HTA), American Campus Communities (ACC) and Douglas Emmett (DEI).
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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), The 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (19.02%), State Street Corp (4.95%), Charles Schwab Investment Management Inc. (1.18%), Victory Capital Management Inc. (0.99%), Principal Financial Group Inc. (0.79%) and Morgan Stanley (0.60%).
View institutional ownership trends for CareTrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, SG Americas Securities LLC, ExodusPoint Capital Management LP, BlackRock Inc., Principal Financial Group Inc., JPMorgan Chase & Co., and Virginia Retirement Systems ET AL.
View insider buying and selling activity for CareTrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Securian Asset Management Inc, Great West Life Assurance Co. Can, Lasalle Investment Management Securities LLC, Manning & Napier Group LLC, Public Sector Pension Investment Board, Valicenti Advisory Services Inc., and Meritage Portfolio Management.
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 $20.28.

CareTrust REIT has a market capitalization of $1.94 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 52 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]