NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTRE stock has increased by 6.4% and is now trading at $18.08.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Caretrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020.
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Caretrust REIT Inc (NASDAQ:CTRE) announced its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.14. The real estate investment trust had revenue of $44.34 million for the quarter, compared to analyst estimates 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 Wednesday, June 17th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.25 per share on Wednesday, July 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.53%. The ex-dividend date is Monday, June 29th.
View Caretrust REIT's dividend history.

7 Wall Street analysts have issued 12-month price targets for Caretrust REIT's stock. Their forecasts range from $13.00 to $26.00. On average, they expect Caretrust REIT's stock price to reach $21.71 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price.
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News articles about CTRE stock have trended somewhat negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caretrust REIT earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Caretrust REIT.

Caretrust REIT saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,340,000 shares, a decrease of 18.8% from the July 15th total of 1,650,000 shares. Based on an average daily volume of 922,100 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.4% of the company's stock are short sold.
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Some companies that are related to Caretrust REIT include Vornado Realty Trust (VNO), Lamar Advertising (LAMR), Kilroy Realty (KRC), National Retail Properties (NNN), Store Capital (STOR), Healthcare Trust Of America (HTA), Rexford Industrial Realty (REXR), Federal Realty Investment Trust (FRT), CubeSmart (CUBE), First Industrial Realty Trust (FR), Klepierre (KLPEF), Apartment Investment and Management (AIV), CoreSite Realty (COR), Eastgroup Properties (EGP) and Douglas Emmett (DEI).
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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 PGGM Investments (7.80%), Principal Financial Group Inc. (0.83%), Foundry Partners LLC (0.49%), Swiss National Bank (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.22%) and Scout Investments Inc. (0.22%).
View institutional ownership trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Principal Financial Group Inc., Jaguar Listed Property LLC, WINTON GROUP Ltd, Virtus ETF Advisers LLC, NN Investment Partners Holdings N.V., Texas Permanent School Fund, and Hancock Whitney Corp.
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CTRE stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, New York State Teachers Retirement System, Mackay Shields LLC, Leap Investments LP, Dupont Capital Management Corp, Swiss National Bank, SG Americas Securities LLC, and Telemus Capital 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 $18.08.

Caretrust REIT has a market capitalization of $1.73 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]