NASDAQ:CTRE CareTrust REIT - CTRE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. $19.15 +0.34 (+1.81%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.90▼$19.1650-Day Range$17.94▼$20.9852-Week Range$15.90▼$22.46Volume405,296 shsAverage Volume609,523 shsMarket Capitalization$1.91 billionP/E RatioN/ADividend Yield5.74%Price Target$21.13 ProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CareTrust REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside10.3% Upside$21.13 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth7.24%From $1.52 to $1.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsFinance Sector665th out of 891 stocksReal Estate Investment Trusts Industry141st out of 192 stocks 2.4 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.13, CareTrust REIT has a forecasted upside of 10.3% from its current price of $19.15.Amount of Analyst CoverageCareTrust REIT has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTRE. Previous Next 3.3 Dividend Strength Dividend LeadershipCareTrust REIT is a leading dividend payer. It pays a dividend yield of 5.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT has been increasing its dividend for 9 years.Dividend SustainabilityBased on earnings estimates, CareTrust REIT will have a dividend payout ratio of 67.48% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTRE. Previous Next 2.0 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for CareTrust REIT this week, compared to 1 article on an average week.Search InterestOnly 16 people have searched for CTRE on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CareTrust REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.75% of the stock of CareTrust REIT is held by insiders.Percentage Held by Institutions85.01% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 7.24% in the coming year, from $1.52 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is -239.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is -239.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CareTrust REIT (NASDAQ:CTRE) StockCareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.Read More Receive CTRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CareTrust REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address CTRE Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comCareTrust REIT, Inc. (CTRE) To Go Ex-Dividend on March 30thMarch 20, 2023 | finance.yahoo.comCareTrust REIT Raises Quarterly Dividend to $0.28 per ShareMarch 30, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 16, 2023 | msn.com2 Healthcare Dividend Stocks That Hit the Sweet SpotFebruary 12, 2023 | finance.yahoo.comCareTrust REIT, Inc. (NASDAQ:CTRE) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | msn.comCareTrust REIT Q4 FFO of $0.38, Revenue of $51.81MFebruary 9, 2023 | msn.comCareTrust REIT (CTRE) Matches Q4 FFO EstimatesFebruary 9, 2023 | finance.yahoo.comCareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating ResultsMarch 30, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 3, 2023 | finance.yahoo.comCareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 10, 2023January 25, 2023 | finance.yahoo.comCareTrust REIT, Inc. Announces Tax Treatment of 2022 DividendsJanuary 18, 2023 | seekingalpha.comCTRE CareTrust REIT, Inc.January 16, 2023 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on CareTrust REIT (CTRE)January 12, 2023 | markets.businessinsider.comIf You Invested $10K in CareTrust REIT 5 Years Ago, Here's How Much You Would Be Making In Dividends TodayDecember 19, 2022 | msn.comCareTrust REIT renews revolving credit facilityDecember 19, 2022 | finance.yahoo.comCareTrust REIT, Inc. Announces Renewal and Extension of Unsecured RevolverNovember 28, 2022 | finance.yahoo.comCareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment OfficerNovember 17, 2022 | seekingalpha.com5 REITs On Santa's Good ListNovember 9, 2022 | seekingalpha.comCareTrust REIT, Inc. (CTRE) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | msn.comCareTrust REIT (CTRE) Misses Q3 FFO EstimatesNovember 8, 2022 | finance.yahoo.comCareTrust REIT Announces Third Quarter 2022 Operating ResultsNovember 1, 2022 | finance.yahoo.comCareTrust REIT Sets Third Quarter Earnings Call for Wednesday, November 9, 2022October 27, 2022 | uk.finance.yahoo.comCubeSmart (CUBE) Surpasses Q3 FFO and Revenue EstimatesOctober 18, 2022 | finance.yahoo.comCareTrust Announces Environmental Benchmarking Progress and Operational Improvements with Annual Sustainability ReportOctober 14, 2022 | nasdaq.comCareTrust REIT's (NYSE:CTRE three-year decrease in earnings delivers investors with a 17% lossOctober 10, 2022 | seekingalpha.com3 SWAN-A-Bees We're Buying Hand Over FirstSeptember 30, 2022 | finance.yahoo.comImplied Volatility Surging for CareTrust REIT (CTRE) Stock OptionsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CTRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CareTrust REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address CTRE Company Calendar Last Earnings2/15/2022Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today3/30/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone(949) 542-3130FaxN/AEmployees16Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.13 High Stock Price Forecast$22.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+10.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.08) Trailing P/E RatioN/A Forward P/E Ratio12.53 P/E GrowthN/ANet Income$-7,510,000.00 Net Margins-3.83% Pretax Margin-3.83% Return on Equity-0.90% Return on Assets-0.46% Debt Debt-to-Equity Ratio0.85 Current Ratio0.56 Quick Ratio0.56 Sales & Book Value Annual Sales$196.13 million Price / Sales9.67 Cash Flow$0.53 per share Price / Cash Flow35.73 Book Value$8.75 per share Price / Book2.18Miscellaneous Outstanding Shares99,510,000Free Float97,771,000Market Cap$1.90 billion OptionableOptionable Beta1.13 Key ExecutivesDavid M. SedgwickPresident, Chief Executive Officer & DirectorWilliam M. WagnerChief Financial Officer & TreasurerJames CallisterSecretary & Chief Investment OfficerKey CompetitorsDigitalBridge GroupNYSE:DBRGArbor Realty TrustNYSE:ABRTanger Factory Outlet CentersNYSE:SKTPebblebrook Hotel TrustNYSE:PEBRetail Opportunity InvestmentsNASDAQ:ROICView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Sold 35,759 shares on 3/10/2023Ownership: 0.969%NatixisSold 3,900 shares on 2/24/2023Ownership: 0.055%Teachers Retirement System of The State of KentuckyBought 52,242 shares on 2/22/2023Ownership: 0.082%Macquarie Group Ltd.Sold 16,730 shares on 2/21/2023Ownership: 0.185%Ascent Group LLCSold 779 shares on 2/17/2023Ownership: 0.033%View All Institutional Transactions CTRE Stock - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CTRE shares. View CTRE analyst ratings or view top-rated stocks. What is CareTrust REIT's stock price forecast for 2023? 4 brokers have issued 12 month price targets for CareTrust REIT's shares. Their CTRE share price forecasts range from $19.00 to $22.00. On average, they expect the company's stock price to reach $21.13 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts price targets for CTRE or view top-rated stocks among Wall Street analysts. How have CTRE shares performed in 2023? CareTrust REIT's stock was trading at $18.58 on January 1st, 2023. Since then, CTRE stock has increased by 2.5% and is now trading at $19.05. View the best growth stocks for 2023 here. When is CareTrust REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our CTRE earnings forecast. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) released its earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.06. CareTrust REIT had a negative net margin of 3.83% and a negative trailing twelve-month return on equity of 0.90%. During the same period in the prior year, the business posted $0.36 EPS. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT announced a quarterly dividend on Wednesday, March 22nd. Shareholders of record on Friday, March 31st will be paid a dividend of $0.28 per share on Friday, April 14th. This represents a $1.12 annualized dividend and a dividend yield of 5.88%. The ex-dividend date is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $0.28. Read our dividend analysis for CTRE. What ETFs hold CareTrust REIT's stock? ETFs with the largest weight of CareTrust REIT (NASDAQ:CTRE) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), Residential REIT Income ETF (HAUS), Hoya Capital High Dividend Yield ETF (RIET), Cambria Global Real Estate ETF (BLDG), Invesco Active U.S. Real Estate ETF (PSR), Virtus Real Asset Income ETF (VRAI), Invesco S&P SmallCap Financials ETF (PSCF) and Invesco S&P SmallCap Low Volatility ETF (XSLV). Is CareTrust REIT a good dividend stock? CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.10 per share and currently has a dividend yield of 5.89%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CTRE. 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 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). 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 retail and institutional investors. Top institutional investors include Geode Capital Management LLC (2.05%), American Century Companies Inc. (1.93%), Charles Schwab Investment Management Inc. (1.69%), William Blair Investment Management LLC (1.42%), Dimensional Fund Advisors LP (1.38%) and Norges Bank (1.34%). View institutional ownership trends. How do I buy shares of CareTrust REIT? Shares of CTRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CareTrust REIT's stock price today? One share of CTRE stock can currently be purchased for approximately $19.05. How much money does CareTrust REIT make? CareTrust REIT (NASDAQ:CTRE) has a market capitalization of $1.90 billion and generates $196.13 million in revenue each year. The real estate investment trust earns $-7,510,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. How can I contact CareTrust REIT? CareTrust REIT's mailing address is 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673. The official website for the company is www.caretrustreit.com. The real estate investment trust can be reached via phone at (949) 542-3130 or via email at ir@caretrustreit.com. This page (NASDAQ:CTRE) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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