NASDAQ:CTRE - Caretrust REIT Stock Price, Forecast & News

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

Caretrust REIT declared a quarterly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.225 per share on Wednesday, January 15th. This represents a $0.90 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend is Monday, December 30th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings data on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.45. The real estate investment trust earned $33.31 million during the quarter, compared to analyst estimates of $43.64 million. Caretrust REIT had a return on equity of 4.76% and a net margin of 25.85%. Caretrust REIT's revenue was down 15.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 EPS. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $1.36-1.37 for the period.

7 analysts have issued 1 year target prices for Caretrust REIT's shares. Their forecasts range from $22.00 to $29.00. On average, they anticipate Caretrust REIT's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Caretrust REIT.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Caretrust REIT.

Media stories about CTRE stock have been trending somewhat negative on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Caretrust REIT earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Caretrust REIT.

Caretrust REIT saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,130,000 shares, a decline of 21.7% from the December 15th total of 2,720,000 shares. Based on an average daily trading volume, of 962,400 shares, the short-interest ratio is currently 2.2 days. Approximately 2.3% of the shares of the stock are short sold. View Caretrust REIT's Current Options Chain.

Some companies that are related to Caretrust REIT include American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Douglas Emmett (DEI), SL Green Realty (SLG), CyrusOne (CONE), Starwood Property Trust (STWD), New Residential Investment (NRZ), AmeriCold Realty Trust (COLD), Healthcare Trust Of America (HTA), American Campus Communities (ACC), Brixmor Property Group (BRX), CubeSmart (CUBE), Cousins Properties (CUZ), EPR Properties (EPR) and First Industrial Realty Trust (FR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Energy Transfer LP Unit (ET), AGNC Investment (AGNC), NVIDIA (NVDA), Apple Hospitality REIT (APLE), Omega Healthcare Investors (OHI), MFA FINL INC/SH (MFA ), AT&T (T), Verizon Communications (VZ), ARBOR RLTY TR I/SH (ABR) and Enterprise Products Partners (EPD).

Caretrust REIT's stock is owned by a number of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.23%), State of Alaska Department of Revenue (0.10%), 6 Meridian (0.04%), Louisiana State Employees Retirement System (0.03%) and Nisa Investment 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 Scout Investments Inc. and Louisiana State Employees Retirement System. View Insider Buying and Selling for Caretrust REIT.

CTRE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Nisa Investment Advisors LLC and 6 Meridian. View Insider Buying and Selling 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 $21.31.

Caretrust REIT has a market capitalization of $2.04 billion and generates $156.94 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.28 on an earnings per share basis. Caretrust REIT employs 57 workers across the globe.View Additional Information About Caretrust REIT.

The official website for Caretrust REIT is http://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]