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CareTrust REIT Stock Forecast, Price & News

$22.62
+0.36 (+1.62 %)
(As of 05/13/2021 12:00 AM ET)
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Today's Range
$22.28
$22.81
50-Day Range
$22.26
$24.57
52-Week Range
$15.41
$24.89
Volume609,106 shs
Average Volume602,045 shs
Market Capitalization$2.19 billion
P/E Ratio26.61
Dividend Yield4.76%
Beta1.11
30 days | 90 days | 365 days | Advanced Chart
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CareTrust REIT logo

About CareTrust REIT

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.

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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
Employees15
Year FoundedN/A

Sales & Book Value

Annual Sales$163.40 million
Cash Flow$1.10 per share
Book Value$9.71 per share

Profitability

Net Income$46.36 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$2.19 billion
Next Earnings Date8/5/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.91 out of 5 stars

Finance Sector

263rd out of 1,947 stocks

Real Estate Investment Trusts Industry

53rd out of 274 stocks

Analyst Opinion: 1.4Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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CareTrust REIT (NASDAQ:CTRE) Frequently Asked Questions

Is CareTrust REIT a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CareTrust REIT stock.
View analyst ratings for CareTrust REIT
or view top-rated stocks.

What stocks does MarketBeat like better than CareTrust REIT?

Wall Street analysts have given CareTrust REIT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CareTrust REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CareTrust REIT's next earnings date?

CareTrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for CareTrust REIT
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) released its quarterly earnings data on Thursday, May, 6th. The real estate investment trust reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by $0.01. CareTrust REIT had a trailing twelve-month return on equity of 8.74% and a net margin of 45.10%.
View CareTrust REIT's earnings history
.

How has CareTrust REIT's stock price been impacted by COVID-19?

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 33.1% and is now trading at $22.62.
View which stocks have been most impacted by COVID-19
.

How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT?

CareTrust REIT announced a quarterly dividend on Wednesday, March 17th. Shareholders of record on Wednesday, March 31st will be paid a dividend of $0.265 per share on Thursday, April 15th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date of this dividend is Tuesday, March 30th. This is an increase from CareTrust REIT's previous quarterly dividend of $0.25.
View CareTrust REIT's dividend history
.

Is CareTrust REIT a good dividend stock?

CareTrust REIT pays an annual dividend of $1.06 per share and currently has a dividend yield of 4.76%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. CareTrust REIT has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of CareTrust REIT is 77.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 73.10% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.
View CareTrust REIT's dividend history.

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

CareTrust REIT updated its FY 2021 earnings guidance on Thursday, May, 13th. The company provided earnings per share (EPS) guidance of 1.460-1.480 for the period. The company issued revenue guidance of -.

What price target have analysts set for CTRE?

9 brokers have issued 1 year price objectives for CareTrust REIT's stock. Their forecasts range from $21.00 to $26.00. On average, they anticipate CareTrust REIT's stock price to reach $23.38 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
View analysts' price targets for CareTrust REIT
or view top-rated stocks among Wall Street analysts.

Who are CareTrust REIT's key executives?

CareTrust REIT's management team includes the following people:
  • Mr. Gregory K. Stapley J.D., Chairman & CEO (Age 61, Pay $1.88M)
  • Mr. David M. Sedgwick, COO & Pres (Age 45, Pay $925.31k)
  • Mr. William M. Wagner, CFO & Treasurer (Age 55, Pay $999.7k)
  • Mr. Mark D. Lamb, Chief Investment Officer (Age 43, Pay $925.31k)
  • Mr. James B. Callister, Gen. Counsel & Sec.
  • Mr. Eric Gillis, Director of Asset Management
  • Ms. Lauren Beale, Sr. VP & Controller

Who are some of CareTrust REIT's key competitors?

What other stocks do shareholders of CareTrust REIT own?

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).

What is CareTrust REIT's stock symbol?

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

Who are CareTrust REIT's major shareholders?

CareTrust REIT's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (19.68%), Bank of New York Mellon Corp (3.70%), Geode Capital Management LLC (2.03%), Northern Trust Corp (1.84%), Prudential Financial Inc. (1.15%) and JPMorgan Chase & Co. (0.94%).
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 Bank of New York Mellon Corp, Northern Trust Corp, Prudential Financial Inc., BlackRock Inc., Panagora Asset Management Inc., Victory Capital Management Inc., Citigroup Inc., and JLP Asset Management LLC.
View insider buying and selling activity for CareTrust REIT
or view top insider-selling stocks.

Which major investors are buying CareTrust REIT stock?

CTRE stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Guggenheim Capital LLC, BNP Paribas Arbitrage SA, Geode Capital Management LLC, Peregrine Capital Management LLC, Barclays PLC, Renaissance Technologies LLC, and Virginia Retirement Systems ET AL.
View insider buying and selling activity for CareTrust REIT
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CareTrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $22.62.

How much money does CareTrust REIT make?

CareTrust REIT has a market capitalization of $2.19 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.

How many employees does CareTrust REIT have?

CareTrust REIT employs 15 workers across the globe.

What is CareTrust REIT's official website?

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

Where are CareTrust REIT's headquarters?

CareTrust REIT is headquartered at 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673.

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]


This page was last updated on 5/14/2021 by MarketBeat.com Staff
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