Caretrust REIT Stock Forecast, Price & News

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 (WHO). Since then, CTRE shares have increased by 4.0% and is now trading at $17.67.
View which stocks have been most impacted by COVID-19.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Caretrust REIT.

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) issued its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping 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 declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.25 per share on Thursday, October 15th. This represents a $1.00 annualized dividend and a yield of 5.66%. The ex-dividend date is Tuesday, September 29th.
View Caretrust REIT's dividend history.

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

6 analysts have issued 1-year price targets for Caretrust REIT's shares. Their forecasts range from $19.00 to $24.00. On average, they expect Caretrust REIT's share price to reach $21.67 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts' price targets for Caretrust REIT.

Caretrust REIT saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,250,000 shares, a decrease of 21.9% from the August 31st total of 1,600,000 shares. Based on an average daily trading volume, of 795,200 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.3% of the company's shares are sold short.
View Caretrust REIT's Short Interest.

Some companies that are related to Caretrust REIT include Lamar Advertising (LAMR), STORE Capital (STOR), CubeSmart (CUBE), Regency Centers (REG), Vornado Realty Trust (VNO), Rexford Industrial Realty (REXR), National Retail Properties (NNN), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Healthcare Trust Of America (HTA), Eastgroup Properties (EGP), Life Storage (LSI), CoreSite Realty (COR), First Industrial Realty Trust (FR) and Apartment Investment and Management (AIV).
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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), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), Paypal (PYPL) and Medical Properties Trust (MPW).

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 shareholders include Scout Investments Inc. (0.24%), Valicenti Advisory Services Inc. (0.11%), Nisa Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.05%) and Aptus Capital Advisors LLC (0.03%).
View institutional ownership trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC.
View insider buying and selling activity for Caretrust REIT.

CTRE stock was bought by a variety of institutional investors in the last quarter, including Valicenti Advisory Services Inc., Scout Investments Inc., Louisiana State Employees Retirement System, and Nisa Investment Advisors LLC.
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 $17.67.

Caretrust REIT has a market capitalization of $1.69 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]