CareTrust REIT Company Profile (NASDAQ:CTRE)

About CareTrust REIT (NASDAQ:CTRE)

CareTrust REIT logoCareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities. As of December 31, 2016, the 93 facilities leased to The Ensign Group, Inc. had a total of 9,916 beds and units and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington; the 16 facilities leased to affiliates of Pristine Senior Living, LLC had a total of 1,488 beds and units; and the 42 remaining leased properties had a total of 3,515 beds and units and are located in California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Maryland, Michigan, Minnesota, North Carolina, Texas, Virginia, Washington and Wisconsin.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Healthcare REITs
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CTRE
  • CUSIP: N/A
  • Web: www.caretrustreit.com
Capitalization:
  • Market Cap: $1.45428 billion
  • Outstanding Shares: 75,902,000
Average Prices:
  • 50 Day Moving Avg: $19.16
  • 200 Day Moving Avg: $18.45
  • 52 Week Range: $12.70 - $19.86
P/E:
  • Trailing P/E Ratio: 45.15
  • Foreward P/E Ratio: 14.97
  • P/E Growth: 1.24
Dividend:
  • Annual Dividend: $0.74
  • Dividend Yield: 3.9%
Profitability:
  • Net Margins: 24.02%
  • Return on Equity: 5.76%
  • Return on Assets: 3.03%
Debt:
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 3.06%
  • Quick Ratio: 3.06%
Misc:
  • Beta: 0.85
 

Frequently Asked Questions for CareTrust REIT (NASDAQ:CTRE)

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, September 19th. Investors of record on Friday, September 29th will be given a dividend of $0.185 per share on Friday, October 13th. This represents a $0.74 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, September 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 Tuesday, February, 7th. The company reported $0.14 EPS for the quarter, meeting the Zacks' consensus estimate of $0.14. The company had revenue of $28.20 million for the quarter, compared to analyst estimates of $27.36 million. CareTrust REIT had a return on equity of 5.76% and a net margin of 24.02%. The firm's revenue was up 24.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.25 EPS. View CareTrust REIT's Earnings History.

When will CareTrust REIT make its next earnings announcement?

CareTrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for CareTrust REIT.

Where is CareTrust REIT's stock going? Where will CareTrust REIT's stock price be in 2017?

7 brokers have issued twelve-month target prices for CareTrust REIT's shares. Their predictions range from $16.00 to $20.00. On average, they anticipate CareTrust REIT's stock price to reach $18.33 in the next twelve months. View Analyst Ratings for CareTrust REIT.

What are 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. " (9/19/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: May 03, 2017, 05:14 ET Date and time of production: May 03, 2017, 04:59 ET Target Price / Valuation Methodology: CareTrust REIT – CTRE Our $19 PT represents a blended 30% premium to our forward Net Asset Value per share estimate and a 14.6x FFO multiple applied to our $1.35 2018 FFO/sh estimate." (5/3/2017)

Who are some of CareTrust REIT's key competitors?

Who are CareTrust REIT's key executives?

CareTrust REIT's management team includes the folowing people:

  • Gregory K. Stapley, Chairman of the Board, President, Chief Executive Officer
  • William M. Wagner, Chief Financial Officer, Treasurer, Secretary
  • David M. Sedgwick, Vice President - Operations
  • Allen C. Barbieri, Independent Director
  • Jon D. Kline, Independent Director
  • David G. Lindahl, Independent Director
  • Spencer G. Plumb, Independent Director

How do I buy CareTrust REIT stock?

Shares of CareTrust REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CareTrust REIT's stock price today?

One share of CareTrust REIT stock can currently be purchased for approximately $19.46.


MarketBeat Community Rating for CareTrust REIT (NASDAQ CTRE)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  269
MarketBeat's community ratings are surveys of what our community members think about CareTrust REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CareTrust REIT (NASDAQ:CTRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $18.33 (5.79% downside)
Consensus Price Target History for CareTrust REIT (NASDAQ:CTRE)
Price Target History for CareTrust REIT (NASDAQ:CTRE)
Analysts' Ratings History for CareTrust REIT (NASDAQ:CTRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017KeyCorpReiterated RatingBuy$20.00LowView Rating Details
6/20/2017BMO Capital MarketsDowngradeOutperform -> Market Perform$18.00 -> $20.00LowView Rating Details
5/17/2017Raymond James Financial, Inc.Reiterated RatingOutperform$17.00 -> $19.00LowView Rating Details
5/3/2017Canaccord GenuityReiterated RatingBuy$19.00LowView Rating Details
1/3/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$16.00N/AView Rating Details
11/22/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
11/3/2016Barclays PLCReiterated RatingHold$16.00N/AView Rating Details
9/14/2016StephensInitiated CoverageOverweight$16.00N/AView Rating Details
7/26/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for CareTrust REIT (NASDAQ:CTRE)
Earnings by Quarter for CareTrust REIT (NASDAQ:CTRE)
Earnings History by Quarter for CareTrust REIT (NASDAQ CTRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.17N/AView Earnings Details
2/7/2017Q4 2016$0.14$0.14$27.36 million$28.20 millionViewListenView Earnings Details
8/8/2016Q2$0.26$0.27$23.68 million$25.70 millionViewN/AView Earnings Details
5/11/2016Q1$0.26$0.11$22.21 million$23.67 millionViewListenView Earnings Details
2/11/2016Q4$0.24$0.25$18.63 million$22.60 millionViewListenView Earnings Details
11/5/2015Q315$0.19$0.02$15.83 million$18.00 millionViewN/AView Earnings Details
8/10/2015Q215$0.25$0.25$16.46 million$17.40 millionViewListenView Earnings Details
5/12/2015Q115$0.23$0.24$16.05 million$17.00 millionViewN/AView Earnings Details
2/11/2015Q414$0.29$0.25$15.91 million$16.08 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.30$0.33$15.88 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CareTrust REIT (NASDAQ:CTRE)
2017 EPS Consensus Estimate: $1.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.29$0.29$0.29
Q3 20171$0.28$0.28$0.28
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CareTrust REIT (NASDAQ:CTRE)
Most Recent Dividend:10/13/2017
Annual Dividend:$0.74
Dividend Yield:3.80%
Payout Ratio:164.45% (Trailing 12 Months of Earnings)
63.25% (Based on This Year's Estimates)
56.92% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CareTrust REIT (NASDAQ:CTRE)

Dividend History by Quarter for CareTrust REIT (NASDAQ CTRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/19/2017quarterly$0.193.84%9/28/20179/29/201710/13/2017
6/16/2017quarterly$0.193.83%6/28/20176/30/20177/14/2017
3/16/2017quarterly$0.194.33%3/29/20173/31/20174/14/2017
12/20/2016quarterly$0.174.41%12/28/201612/31/20161/13/2017
9/20/2016quarterly$0.174.69%9/28/20169/30/201610/14/2016
6/20/2016quarterly$0.175.01%6/28/20166/30/20167/15/2016
3/17/2016quarterly$0.175.66%3/29/20163/31/20164/15/2016
12/17/2015quarterly$0.165.63%12/29/201512/31/20151/15/2016
9/17/2015quarterly$0.165.4%9/28/20159/30/201510/15/2015
6/19/2015quarterly$0.164.69%6/26/20156/30/20157/31/2015
3/20/2015quarterly$0.164.7%3/27/20153/31/20154/15/2015
12/18/2014quarterly$0.134.06%12/29/201412/31/20141/15/2015
10/17/2014special$5.8810/31/201412/10/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CareTrust REIT (NASDAQ:CTRE)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 89.39%
Insider Trades by Quarter for CareTrust REIT (NASDAQ:CTRE)
Institutional Ownership by Quarter for CareTrust REIT (NASDAQ:CTRE)
Insider Trades by Quarter for CareTrust REIT (NASDAQ:CTRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/16/2015Gary B SabinDirectorBuy20,000$10.25$205,000.00View SEC Filing  
1/12/2015Christopher R ChristensenDirectorSell174,396$11.82$2,061,360.72View SEC Filing  
1/7/2015Christopher R ChristensenDirectorSell115,000$11.71$1,346,650.00View SEC Filing  
1/6/2015Christopher R ChristensenDirectorSell58,221$11.63$677,110.23View SEC Filing  
1/5/2015Christopher R ChristensenDirectorSell26,701$11.78$314,537.78View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CareTrust REIT (NASDAQ:CTRE)
Latest Headlines for CareTrust REIT (NASDAQ:CTRE)
Source:
DateHeadline
finance.yahoo.com logoCareTrust REIT, Inc. : CTRE-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017
finance.yahoo.com - October 12 at 6:26 PM
thestreet.com logoShort Interest In CareTrust REIT Makes 16.2% Move
www.thestreet.com - October 12 at 2:46 AM
finance.yahoo.com logoCareTrust REIT, Inc. breached its 50 day moving average in a Bearish Manner : CTRE-US : October 9, 2017
finance.yahoo.com - October 9 at 3:14 PM
americanbankingnews.com logoMedical Properties Trust (MPW) & CareTrust REIT (CTRE) Head to Head Survey
www.americanbankingnews.com - October 8 at 4:24 PM
americanbankingnews.com logoCareTrust REIT (CTRE) & Its Competitors Head to Head Contrast
www.americanbankingnews.com - October 7 at 12:18 AM
finance.yahoo.com logoCareTrust REIT Credit Ratings Upgraded by Moody’s Investors Service
finance.yahoo.com - October 4 at 11:32 AM
finance.yahoo.com logoCareTrust REIT Completes Seven-Facility Skilled Nursing Portfolio Acquisition in Idaho
finance.yahoo.com - October 3 at 5:29 PM
finance.yahoo.com logoCareTrust REIT Expands its Washington Portfolio
finance.yahoo.com - October 3 at 5:28 PM
finance.yahoo.com logoCareTrust REIT Expands Virginia Seniors Housing Portfolio
finance.yahoo.com - October 3 at 5:28 PM
finance.yahoo.com logoCTR Partnership, L.P. -- Moody's upgrades CareTrust to Ba3; outlook remains positive
finance.yahoo.com - October 3 at 6:44 AM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 27 at 7:12 PM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) to Issue Quarterly Dividend of $0.19
www.americanbankingnews.com - September 19 at 6:22 PM
americanbankingnews.com logoComparing CareTrust REIT (CTRE) and Its Rivals
www.americanbankingnews.com - September 16 at 6:30 PM
americanbankingnews.com logoComparing CareTrust REIT (CTRE) & Global Medical REIT (GMRE)
www.americanbankingnews.com - September 16 at 2:42 PM
americanbankingnews.com logoHead to Head Contrast: Healthcare Realty Trust (HR) vs. CareTrust REIT (CTRE)
www.americanbankingnews.com - September 13 at 2:28 AM
americanbankingnews.com logoReviewing MedEquities Realty Trust (MRT) & CareTrust REIT (CTRE)
www.americanbankingnews.com - September 12 at 6:08 AM
americanbankingnews.com logo$0.29 EPS Expected for CareTrust REIT, Inc. (CTRE) This Quarter
www.americanbankingnews.com - September 10 at 2:22 AM
finance.yahoo.com logoCareTrust REIT Acquires Three Skilled Nursing Assets; Expands into Oregon
finance.yahoo.com - September 5 at 7:11 PM
finance.yahoo.com logoCareTrust REIT Expands Skilled Nursing Portfolio in Texas
finance.yahoo.com - September 5 at 7:11 PM
finance.yahoo.com logoCareTrust REIT Expands Skilled Nursing Portfolio in Idaho
finance.yahoo.com - September 5 at 7:11 PM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 2 at 4:28 PM
finance.yahoo.com logoCareTrust REIT Provides an Update on its Texas Properties
finance.yahoo.com - September 1 at 3:37 AM
americanbankingnews.com logoKeyCorp Reaffirms Buy Rating for CareTrust REIT, Inc. (CTRE)
www.americanbankingnews.com - August 27 at 11:54 AM
americanbankingnews.com logoCareTrust REIT (CTRE) & Sabra Healthcare REIT (SBRA) Head to Head Review
www.americanbankingnews.com - August 27 at 4:24 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for CareTrust REIT, Inc. Reduced by Analyst (CTRE)
www.americanbankingnews.com - August 25 at 8:16 AM
americanbankingnews.com logoFY2017 EPS Estimates for CareTrust REIT, Inc. (CTRE) Cut by KeyCorp
www.americanbankingnews.com - August 24 at 7:50 AM
finance.yahoo.com logoCareTrust REIT, Inc. breached its 50 day moving average in a Bullish Manner : CTRE-US : August 17, 2017
finance.yahoo.com - August 17 at 6:56 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Caretrust REIT Inc.
finance.yahoo.com - August 14 at 6:00 PM
americanbankingnews.com logoComparing CareTrust REIT (CTRE) & HCP (HCP)
www.americanbankingnews.com - August 13 at 9:00 AM
finance.yahoo.com logoIHS Markit Score downgrades Caretrust REIT Inc to 32 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 6:06 PM
americanbankingnews.com logoCareTrust REIT (NASDAQ:CTRE) vs. Community Healthcare Trust (CHCT) Head to Head Contrast
www.americanbankingnews.com - August 10 at 6:23 PM
americanbankingnews.com logoCareTrust REIT (CTRE) vs. Aviv REIT (AVIV) Head to Head Contrast
www.americanbankingnews.com - August 10 at 4:32 PM
americanbankingnews.com logoCareTrust REIT, Inc. (NASDAQ:CTRE) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 8 at 7:04 PM
americanbankingnews.com logoCareTrust REIT (NASDAQ:CTRE) versus Sabra Healthcare REIT (SBRA) Critical Comparison
www.americanbankingnews.com - August 5 at 10:24 AM
americanbankingnews.com logo$0.30 Earnings Per Share Expected for CareTrust REIT, Inc. (NASDAQ:CTRE) This Quarter
www.americanbankingnews.com - August 4 at 8:26 AM
finance.yahoo.com logoEdited Transcript of CTRE earnings conference call or presentation 3-Aug-17 4:00pm GMT
finance.yahoo.com - August 4 at 5:05 AM
finance.yahoo.com logoInvestor Network: CareTrust REIT Inc to Host Earnings Call
finance.yahoo.com - August 3 at 7:00 PM
finance.yahoo.com logoCareTrust REIT reports 2Q results
finance.yahoo.com - August 3 at 7:00 PM
finance.yahoo.com logoCareTrust REIT Announces Second Quarter 2017 Operating Results
finance.yahoo.com - August 2 at 6:28 PM
finance.yahoo.com logoCareTrust REIT Expands Senior Housing Portfolio in Minnesota
finance.yahoo.com - August 1 at 6:20 PM
americanbankingnews.com logoCareTrust REIT, Inc. (NASDAQ:CTRE) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 8:26 AM
americanbankingnews.com logoShort Interest in CareTrust REIT, Inc. (NASDAQ:CTRE) Decreases By 23.8%
www.americanbankingnews.com - July 30 at 7:03 AM
finance.yahoo.com logoCareTrust REIT Schedules Second Quarter 2017 Earnings Call for Thursday, August 3, 2017
finance.yahoo.com - July 27 at 5:56 PM
finance.yahoo.com logoETFs with exposure to CareTrust REIT, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 5:19 PM
americanbankingnews.com logo Brokerages Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) Will Announce Quarterly Sales of $31.59 Million
www.americanbankingnews.com - July 15 at 10:19 AM
americanbankingnews.com logoCareTrust REIT, Inc. (CTRE) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 14 at 6:44 PM
finance.yahoo.com logoETFs with exposure to CareTrust REIT, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 3:27 PM
americanbankingnews.com logo Analysts Anticipate CareTrust REIT, Inc. (NASDAQ:CTRE) to Announce $0.29 Earnings Per Share
www.americanbankingnews.com - July 13 at 8:29 AM
finance.yahoo.com logoCareTrust REIT, Inc. breached its 50 day moving average in a Bearish Manner : CTRE-US : July 7, 2017
finance.yahoo.com - July 8 at 8:46 AM
americanbankingnews.com logoComparing LTC Properties (LTC) & CareTrust REIT (CTRE)
www.americanbankingnews.com - July 5 at 12:42 PM

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Chart

CareTrust REIT (CTRE) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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