NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTRE shares have increased by 11.8% and is now trading at $18.99.
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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."
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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) posted its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate 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 Wednesday, June 17th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.25 per share on Wednesday, July 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Monday, June 29th.
View Caretrust REIT's dividend history.

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

7 Wall Street analysts have issued 12 month price targets for Caretrust REIT's shares. Their forecasts range from $13.00 to $26.00. On average, they anticipate Caretrust REIT's share price to reach $21.86 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Caretrust REIT.

News headlines about CTRE stock have been trending negative on Wednesday, InfoTrie Sentiment reports. The research group identifies positive and negative 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 closest to five being the most favorable. Caretrust REIT earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
View the latest news about Caretrust REIT.

Caretrust REIT saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 2,320,000 shares, an increase of 17.8% from the January 15th total of 1,970,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is presently 2.0 days. Approximately 2.5% of the company's shares are short sold.
View Caretrust REIT's Short Interest.

Some companies that are related to Caretrust REIT include Vereit (VER), Vornado Realty Trust (VNO), Lamar Advertising (LAMR), Kilroy Realty (KRC), National Retail Properties (NNN), Store Capital (STOR), Federal Realty Investment Trust (FRT), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Healthcare Trust Of America (HTA), Apartment Investment and Management (AIV), First Industrial Realty Trust (FR), Kimco Realty (KIM), Douglas Emmett (DEI) and Eastgroup Properties (EGP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Medical Properties Trust (MPW), AT&T (T), Bristol-Myers Squibb (BMY), AbbVie (ABBV), Energy Transfer LP Unit (ET), Omega Healthcare Investors (OHI) and American Tower (AMT).

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

Caretrust REIT's stock is owned by many different retail and institutional investors. Top institutional investors include PGGM Investments (7.80%), Bank of New York Mellon Corp (3.96%), Victory Capital Management Inc. (0.90%), Principal Financial Group Inc. (0.83%), Foundry Partners LLC (0.49%) and Swiss National Bank (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, Victory Capital Management Inc., Principal Financial Group Inc., Jaguar Listed Property LLC, WINTON GROUP Ltd, Prudential Financial Inc., Virtus ETF Advisers LLC, and NN Investment Partners Holdings N.V..
View insider buying and selling activity for Caretrust REIT.

CTRE stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Foundry Partners LLC, Barclays PLC, New York State Teachers Retirement System, Mackay Shields LLC, Leap Investments LP, Dupont Capital Management Corp, and Swiss National Bank.
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 $18.99.

Caretrust REIT has a market capitalization of $1.82 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]