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. Investors 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 3.90%. 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 (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.45. The real estate investment trust had revenue of $33.31 million for the quarter, compared to analysts' expectations of $43.64 million. Caretrust REIT had a net margin of 25.85% and a return on equity of 4.76%. The firm's revenue was down 15.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 EPS. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Caretrust REIT.

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

7 equities research analysts have issued 12 month target prices for Caretrust REIT's stock. 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 year. This suggests a possible upside of 10.6% 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.

Headlines about CTRE stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 media sentiment score of -4.0 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Caretrust REIT.

Caretrust REIT saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,970,000 shares, a drop of 7.5% from the January 15th total of 2,130,000 shares. Based on an average trading volume of 1,070,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.1% of the shares of the company 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), Kimco Realty (KIM), Douglas Emmett (DEI), CyrusOne (CONE), SL Green Realty (SLG), AmeriCold Realty Trust (COLD), New Residential Investment (NRZ), Starwood Property Trust (STWD), Healthcare Trust Of America (HTA), American Campus Communities (ACC), CubeSmart (CUBE), Cousins Properties (CUZ), Brixmor Property Group (BRX) and Rexford Industrial Realty (REXR).

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), Apple Hospitality REIT (APLE), Omega Healthcare Investors (OHI), NVIDIA (NVDA), MFA FINL INC/SH (MFA), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO) and ARBOR RLTY TR I/SH (ABR).

Caretrust REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (5.80%), State Street Corp (3.85%), Bank of New York Mellon Corp (3.62%), Brookfield Public Securities Group LLC (3.50%), Victory Capital Management Inc. (1.47%) and Victory Capital Management Inc. (1.47%). View Institutional Ownership Trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., State Street Corp, KBC Group NV, Bank of America Corp DE, Renaissance Technologies LLC, Keeley Teton Advisors LLC, Bank of Montreal Can and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Caretrust REIT.

CTRE stock was bought by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, FMR LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Stifel Financial Corp and Cubist Systematic Strategies LLC. 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 $23.06.

Caretrust REIT has a market capitalization of $2.20 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]