NASDAQ:CTRE - Caretrust REIT Stock Price, Forecast & News

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

Caretrust REIT announced a quarterly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.225 per share on Wednesday, January 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Monday, December 30th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings data on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.45. The real estate investment trust earned $33.31 million during the quarter, compared to the consensus estimate of $43.64 million. Caretrust REIT had a return on equity of 4.76% and a net margin of 25.85%. Caretrust REIT's revenue for the quarter was down 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $1.36-1.37 for the period.

7 analysts have issued 12 month price targets for Caretrust REIT's stock. Their forecasts range from $22.00 to $29.00. On average, they expect Caretrust REIT's stock price to reach $25.50 in the next year. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Caretrust REIT.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Caretrust REIT.

Press coverage about CTRE stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Caretrust REIT earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Caretrust REIT.

Caretrust REIT saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,130,000 shares, a decrease of 21.7% from the December 31st total of 2,720,000 shares. Based on an average trading volume of 958,900 shares, the short-interest ratio is presently 2.2 days. Approximately 2.3% of the shares of the stock are sold short. View Caretrust REIT's Current Options Chain.

Some companies that are related to Caretrust REIT include American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), SL Green Realty (SLG), Douglas Emmett (DEI), Starwood Property Trust (STWD), CyrusOne (CONE), New Residential Investment (NRZ), AmeriCold Realty Trust (COLD), Healthcare Trust Of America (HTA), American Campus Communities (ACC), Brixmor Property Group (BRX), CubeSmart (CUBE), Cousins Properties (CUZ), EPR Properties (EPR) and First Industrial Realty Trust (FR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Energy Transfer LP Unit (ET), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Omega Healthcare Investors (OHI), NVIDIA (NVDA), MFA FINL INC/SH (MFA), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD) and Kinder Morgan (KMI).

Caretrust REIT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Virginia Retirement Systems ET AL (0.40%), Scout Investments Inc. (0.23%), Jaguar Listed Property LLC (0.19%), New York State Teachers Retirement System (0.17%), State of Alaska Department of Revenue (0.10%) and Arizona State Retirement System (0.07%). View Institutional Ownership Trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Scout Investments Inc., Louisiana State Employees Retirement System, Virginia Retirement Systems ET AL and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Jaguar Listed Property LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, HGK Asset Management Inc., Nisa Investment Advisors LLC and 6 Meridian. View Insider Buying and Selling 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 $21.91.

Caretrust REIT has a market capitalization of $2.09 billion and generates $156.94 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.28 on an earnings per share basis. Caretrust REIT employs 57 workers across the globe.View Additional Information About Caretrust REIT.

The official website for Caretrust REIT is http://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]