NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Caretrust REIT Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.95 +0.28 (+1.42 %) (As of 06/4/2020 02:40 PM ET) Add Compare Share Today's Range$19.21Now: $19.96▼$20.0650-Day Range$15.01MA: $17.16▼$19.7952-Week Range$7.16Now: $19.96▼$25.30Volume386,338 shsAverage Volume744,044 shsMarket Capitalization$1.91 billionP/E Ratio38.40Dividend Yield5.27%Beta1.04 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 199 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingCaretrust REIT has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.29, Caretrust REIT has a potential upside of 6.7% from its current price of $19.96.Amount of Analyst CoverageCaretrust REIT has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCaretrust REIT has received 371 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCaretrust REIT has received 357 “underperform” votes. (Add your “underperform” vote.)Community SentimentCaretrust REIT has received 50.96% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCaretrust REIT is a leading dividend payer. It pays a dividend yield of 5.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCaretrust REIT has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Caretrust REIT is 73.53 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Caretrust REIT will have a dividend payout ratio of 73.53 % next year. This indicates that Caretrust REIT will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Caretrust REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $19,155.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.37% of the stock of Caretrust REIT is held by insiders.Percentage Held by Institutions90.86% of the stock of Caretrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Caretrust REIT are expected to grow by 1.49% in the coming year, from $1.34 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Caretrust REIT is 38.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Caretrust REIT is 38.40, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.97.Price to Book Value per Share RatioCaretrust REIT has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.35 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone949-542-3130Debt Debt-to-Equity Ratio0.62 Current Ratio1.66 Quick Ratio1.66Price-To-Earnings Trailing P/E Ratio38.40 Forward P/E Ratio14.89 P/E GrowthN/A Sales & Book Value Annual Sales$163.40 million Price / Sales11.69 Cash Flow$1.15 per share Price / Cash Flow17.38 Book Value$9.71 per share Price / Book2.06Profitability EPS (Most Recent Fiscal Year)$1.36 Net Income$46.36 million Net Margins29.53% Return on Equity5.32% Return on Assets3.25%Miscellaneous Employees57 Outstanding Shares95,710,000Market Cap$1.91 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:CTRE Rates by TradingView Receive CTRE News and Ratings via Email Sign-up to receive the latest news and ratings for CTRE and its competitors with MarketBeat's FREE daily newsletter. Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions How has Caretrust REIT's stock been impacted by COVID-19 (Coronavirus)? Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTRE shares have increased by 17.5% and is now trading at $19.9550. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Caretrust REIT? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Caretrust REIT. When is Caretrust REIT's next earnings date? Caretrust REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Caretrust REIT. How were Caretrust REIT's earnings last quarter? Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.14. The real estate investment trust had revenue of $44.34 million for the quarter, compared to analyst estimates of $43.20 million. Caretrust REIT had a net margin of 29.53% and a return on equity of 5.32%. View Caretrust REIT's earnings history. How often does Caretrust REIT pay dividends? What is the dividend yield for Caretrust REIT? Caretrust REIT announced a quarterly dividend on Friday, March 13th. Investors of record on Tuesday, March 31st will be given a dividend of $0.25 per share on Wednesday, April 15th. This represents a $1.00 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Monday, March 30th. This is an increase from Caretrust REIT's previous quarterly dividend of $0.23. View Caretrust REIT's dividend history. What guidance has Caretrust REIT issued on next quarter's earnings? Caretrust REIT updated its FY 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided EPS guidance of 1.32-1.34 for the period. What price target have analysts set for CTRE? 7 analysts have issued 1-year price targets for Caretrust REIT's stock. Their forecasts range from $13.00 to $26.00. On average, they expect Caretrust REIT's share price to reach $21.29 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View analysts' price targets for Caretrust REIT. Has Caretrust REIT been receiving favorable news coverage? News coverage about CTRE stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Caretrust REIT earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutCaretrust REIT. Are investors shorting Caretrust REIT? Caretrust REIT saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,790,000 shares, a decline of 15.6% from the April 30th total of 2,120,000 shares. Based on an average daily trading volume, of 999,900 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.9% of the shares of the company are sold short. View Caretrust REIT's Current Options Chain. Who are some of Caretrust REIT's key competitors? Some companies that are related to Caretrust REIT include Klepierre (KLPEF), AmeriCold Realty Trust (COLD), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Lamar Advertising (LAMR), Vereit (VER), Healthcare Trust Of America (HTA), National Retail Properties (NNN), Apartment Investment and Management (AIV), CubeSmart (CUBE), Kimco Realty (KIM), Douglas Emmett (DEI), American Campus Communities (ACC), Store Capital (STOR) and First Industrial Realty Trust (FR). View all 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 Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Medical Properties Trust (MPW), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD) and Exxon Mobil (XOM). Who are Caretrust REIT's key executives? Caretrust REIT's management team includes the following people: Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 59)Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 53)Mr. David M. Sedgwick, Chief Operating Officer (Age 43)Mr. Mark D. Lamb, Chief Investment OfficerMs. Lauren Beale, Controller 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.94%), PGGM Investments (9.32%), State Street Corp (4.37%), Invesco Ltd. (3.96%), Bank of New York Mellon Corp (3.19%) and Geode Capital Management LLC (1.50%). 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 Centersquare Investment Management LLC, Morgan Stanley, Morgan Stanley, BlackRock Inc., Bank of New York Mellon Corp, Baird Financial Group Inc., Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Caretrust REIT. Which institutional investors are buying Caretrust REIT stock? CTRE stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Cohen & Steers Inc., State Street Corp, Employees Retirement System of Texas, Invesco Ltd., Two Sigma Advisers LP, Nuveen Asset Management LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Caretrust REIT's stock price today? One share of CTRE stock can currently be purchased for approximately $19.96. How big of a company is Caretrust REIT? Caretrust REIT has a market capitalization of $1.91 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. What is Caretrust REIT's official website? The official website for Caretrust REIT is www.caretrustreit.com. 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 6/4/2020 by MarketBeat.com Staff
