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

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$20.60 +0.07 (+0.34 %)
(As of 01/17/2019 10:13 AM ET)
Previous Close$20.53
Today's Range$20.39 - $20.62
52-Week Range$12.73 - $20.65
Volume42,718 shs
Average Volume1.11 million shs
Market Capitalization$1.71 billion
P/E Ratio17.76
Dividend Yield4.03%
Beta0.77
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 192 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust REIT is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
CUSIPN/A
Phone949-542-3130

Debt

Current Ratio1.52
Quick Ratio1.52

Price-To-Earnings

Sales & Book Value

Annual Sales$132.98 million
Price / Sales12.99
Cash Flow$0.9283 per share
Price / Cash Flow22.19
Book Value$7.83 per share
Price / Book2.63

Profitability

Net Income$25.87 million
Net Margins29.14%
Return on Assets3.68%

Miscellaneous

Employees50
Market Cap$1.71 billion
OptionableOptionable

Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions

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, December 18th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.205 per share on Tuesday, January 15th. This represents a $0.82 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend is Friday, December 28th. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) released its earnings results on Monday, November, 5th. The real estate investment trust reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.14. The real estate investment trust earned $39.50 million during the quarter, compared to the consensus estimate of $39.37 million. Caretrust REIT had a return on equity of 7.01% and a net margin of 29.14%. Caretrust REIT's revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 EPS. View Caretrust REIT's Earnings History.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Caretrust REIT.

What guidance has Caretrust REIT issued on next quarter's earnings?

Caretrust REIT issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $1.27-1.28 for the period, compared to the Thomson Reuters consensus estimate of $1.29.

What price target have analysts set for CTRE?

7 analysts have issued 12-month price objectives for Caretrust REIT's stock. Their predictions range from $15.00 to $22.00. On average, they anticipate Caretrust REIT's share price to reach $19.3333 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Caretrust REIT.

What is the consensus analysts' recommendation 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 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.

What are Wall Street 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. " (12/5/2018)
  • 2. Cantor Fitzgerald analysts commented, "We rate CTRE 12-month price target of $20. We believe that the market underappreciates the skilled nursing opportunity and that CTRE is well positioned to capitalize on the consolidation of the skilled nursing market. In our view, the skilled nursing industry is well-positioned to provide post-acute care like short-stay rehab and capitalize on the increasingly value-based reimbursement market. 12-month price target of $20 is based on a blended approach of discounted cash flow analysis and comparable-company analysis." (11/5/2018)

Has Caretrust REIT been receiving favorable news coverage?

News stories about CTRE stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Caretrust REIT earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

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:
  • Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 58)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 52)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 42)
  • Mr. Mark D. Lamb, Chief Investment Officer
  • Mr. Eric Gillis, Director of Asset Management

Who are Caretrust REIT's major shareholders?

Caretrust REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.18%), State of Alaska Department of Revenue (0.07%), Boston Advisors LLC (0.05%) and Louisiana State Employees Retirement System (0.04%). View Institutional Ownership Trends for Caretrust REIT.

Which institutional investors are selling Caretrust REIT stock?

CTRE stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Louisiana State Employees Retirement System and Scout Investments Inc.. View Insider Buying and Selling for Caretrust REIT.

Which institutional investors are buying Caretrust REIT stock?

CTRE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for Caretrust REIT.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Caretrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $20.50.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $1.71 billion and generates $132.98 million in revenue each year. The real estate investment trust earns $25.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Caretrust REIT employs 50 workers across the globe.

What is Caretrust REIT's official website?

The official website for Caretrust REIT is http://www.caretrustreit.com.

How can I contact Caretrust REIT?

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]


MarketBeat Community Rating for Caretrust REIT (NASDAQ CTRE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  539
MarketBeat's community ratings are surveys of what our community members think about Caretrust REIT and other stocks. Vote "Outperform" if you believe CTRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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