NASDAQ:CTRECaretrust REIT Stock Price, Forecast & 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 stock has increased by 16.4% and is now trading at $19.78. View which stocks have been most impacted by Coronavirus.

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.

Caretrust REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Caretrust REIT.

Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.14. The real estate investment trust earned $44.34 million during the quarter, compared to analysts' expectations 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.

Caretrust REIT declared 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 annualized dividend and a dividend yield of 5.06%. The ex-dividend date is Monday, March 30th. This is a positive change from Caretrust REIT's previous quarterly dividend of $0.23. View Caretrust REIT's dividend history.

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.

7 analysts have issued 12-month price targets for Caretrust REIT's shares. 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 7.6% from the stock's current price. View analysts' price targets for Caretrust REIT.

Media coverage about CTRE stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caretrust REIT earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage 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 company's share price in the immediate future. View the latest news aboutCaretrust REIT.

Caretrust REIT saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,790,000 shares, a decrease of 15.6% from the April 30th total of 2,120,000 shares. Based on an average trading volume of 999,900 shares, the short-interest ratio is currently 1.8 days. Approximately 1.9% of the company's stock are sold short. View Caretrust REIT's Current Options Chain.

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.

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).

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

Caretrust REIT's stock is owned by a number 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.

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.

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.

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 $19.78.

Caretrust REIT has a market capitalization of $1.89 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]