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 192 net-leased healthcare properties and three operated seniors housing properties in 27 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
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone949-542-3130
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$156.94 million
Profitability
Miscellaneous
Employees50
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 Tuesday, December 18th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.205 per share on Tuesday, January 15th. This represents a $0.82 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend is Friday, December 28th. View Caretrust REIT's Dividend History.
How were Caretrust REIT's earnings last quarter?
Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings data on Wednesday, February, 13th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.14. The real estate investment trust earned $40.36 million during the quarter, compared to the consensus estimate of $39.99 million. Caretrust REIT had a return on equity of 8.90% and a net margin of 36.91%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the company earned $0.31 earnings per share. 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 FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.36. Caretrust REIT also updated its FY 2019 guidance to $1.30-1.32 EPS.
What price target have analysts set for CTRE?
7 analysts have issued twelve-month target prices for Caretrust REIT's stock. Their predictions range from $18.00 to $22.00. On average, they anticipate Caretrust REIT's share price to reach $20.50 in the next year. This suggests that the stock has a possible downside of 8.5%. 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 1 hold rating, 5 buy ratings and 1 strong buy rating 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. " (2/4/2019)
- 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 been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Caretrust REIT earned a daily sentiment score of 1.1 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of Caretrust REIT's key competitors?
Some companies that are related to Caretrust REIT include Omega Healthcare Investors (OHI), Kilroy Realty (KRC), Liberty Property Trust (LPT), Store Capital (STOR), Medical Properties Trust (MPW), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Macerich (MAC), American Campus Communities (ACC), Starwood Property Trust (STWD), CyrusOne (CONE), Healthcare Trust Of America (HTA), New Residential Investment (NRZ), CubeSmart (CUBE) and EPR Properties (EPR).
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 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 Officer
- Mr. Eric Gillis, Director of Asset Management
Who are Caretrust REIT's major shareholders?
Caretrust REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (19.12%), Northern Trust Corp (2.17%), Bank of New York Mellon Corp (1.83%), Weiss Multi Strategy Advisers LLC (1.70%), Dimensional Fund Advisors LP (1.47%) and Geode Capital Management LLC (1.15%). 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 Bank of New York Mellon Corp, Bank of America Corp DE, Hsbc Holdings PLC, Keeley Teton Advisors LLC, Westpac Banking Corp, Amundi Pioneer Asset Management Inc., MetLife Investment Advisors LLC and Thrivent Financial for Lutherans. View Insider Buying and Selling for Caretrust REIT.
Which institutional investors are buying Caretrust REIT stock?
CTRE stock was bought by a variety of institutional investors in the last quarter, including Weiss Multi Strategy Advisers LLC, Oregon Public Employees Retirement Fund, Northern Trust Corp, D. E. Shaw & Co. Inc., Two Sigma Investments LP, UBS Oconnor LLC, Two Sigma Advisers LP and Monarch Partners Asset Management LLC. 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 $22.40.
How big of a company is Caretrust REIT?
Caretrust REIT has a market capitalization of $1.88 billion and generates $156.94 million in revenue each year. The real estate investment trust earns $25.87 million in net income (profit) each year or $1.28 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.
