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 189 net-leased healthcare properties and three operated seniors housing properties in 25 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
CUSIPN/A
Phone949-542-3130
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.52
Quick Ratio1.52
Price-To-Earnings
Trailing P/E Ratio17.45
Forward P/E Ratio15.81
P/E Growth3.16
Sales & Book Value
Annual Sales$132.98 million
Price / Sales12.77
Cash Flow$0.92 per share
Price / Cash Flow22.00
Book Value$7.83 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)$1.16
Net Income$25.87 million
Net Margins29.14%
Return on Equity7.01%
Return on Assets3.68%
Miscellaneous
Employees50
Outstanding Shares83,880,000
Market Cap$1.69 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 announced a quarterly dividend on Wednesday, September 19th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.205 per share on Monday, October 15th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, September 27th. View Caretrust REIT's Dividend History.
How were Caretrust REIT's earnings last quarter?
Caretrust REIT Inc (NASDAQ:CTRE) released its earnings results on Monday, November, 5th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $0.32 by $0.14. The real estate investment trust had revenue of $39.50 million for the quarter, compared to analysts' expectations of $39.37 million. Caretrust REIT had a net margin of 29.14% and a return on equity of 7.01%. The business's quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 EPS. View Caretrust REIT's Earnings History.
When is Caretrust REIT's next earnings date?
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 estimate of $1.29.
What price target have analysts set for CTRE?
7 analysts have issued 1-year price targets for Caretrust REIT's stock. Their predictions range from $15.00 to $22.00. On average, they anticipate Caretrust REIT's share price to reach $19.2857 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. 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 2 hold ratings and 5 buy ratings 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?
News headlines about CTRE stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 news impact score of 2.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.
Who are some of Caretrust REIT's key competitors?
Some companies that are related to Caretrust REIT include Store Capital (STOR), Douglas Emmett (DEI), American Homes 4 Rent (AMH), Medical Properties Trust (MPW), Starwood Property Trust (STWD), CyrusOne (CONE), American Campus Communities (ACC), CubeSmart (CUBE), Healthcare Trust Of America (HTA), New Residential Investment (NRZ), EPR Properties (EPR), Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Life Storage (LSI) and Howard Hughes (HHC).
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.97%), Vanguard Group Inc. (14.16%), FMR LLC (11.54%), Bank of New York Mellon Corp (2.47%), Dimensional Fund Advisors LP (1.37%) and American Century Companies Inc. (1.40%). View Institutional Ownership Trends for Caretrust REIT.
Which institutional investors are selling Caretrust REIT stock?
CTRE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, LSV Asset Management, JPMorgan Chase & Co., JPMorgan Chase & Co., Virginia Retirement Systems ET AL, Canada Pension Plan Investment Board, SG Americas Securities LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Caretrust REIT.
Which institutional investors are buying Caretrust REIT stock?
CTRE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Westpac Banking Corp, Gagnon Securities LLC, Bank of New York Mellon Corp, Morgan Stanley, TIAA CREF Investment Management LLC and First Trust Advisors LP. 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 $20.24.
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?
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)
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.
