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NASDAQ:CTRE

CareTrust REIT - CTRE Stock Forecast, Price & News

$18.11
+0.39 (+2.20%)
(As of 09/30/2022 05:36 PM ET)
Add
Compare
Today's Range
$17.84
$18.29
50-Day Range
$17.68
$22.08
52-Week Range
$15.90
$23.59
Volume
794,402 shs
Average Volume
716,614 shs
Market Capitalization
$1.76 billion
P/E Ratio
258.71
Dividend Yield
6.21%
Price Target
$21.56

CareTrust REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.1% Upside
$21.56 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
4.03%
From $1.49 to $1.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Finance Sector

828th out of 926 stocks

Real Estate Investment Trusts Industry

174th out of 197 stocks

CTRE stock logo

About CareTrust REIT (NASDAQ:CTRE) Stock

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.

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CTRE Stock News Headlines

These dividend stocks can protect you as the -2-
CareTrust REIT (CTRE) Q2 FFO Beat Estimates
CareTrust REIT declares $0.275 dividend
Why CareTrust REIT Stock Surged 14% in May
CareTrust REIT (CTRE) Meets Q1 FFO Estimates
CareTrust REIT Q1 2022 Earnings Preview
CareTrust REIT: 6.5% Yield With 40% Upside
See More Headlines
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CTRE Company Calendar

Last Earnings
2/15/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Today
9/30/2022
Dividend Payable
10/14/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CTRE
Previous Symbol
NASDAQ:CTREV
Fax
N/A
Employees
16
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.56
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+19.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$71.98 million
Pretax Margin
3.94%

Debt

Sales & Book Value

Annual Sales
$192.35 million
Cash Flow
$1.44 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
95,331,000
Market Cap
$1.76 billion
Optionable
Optionable
Beta
1.10

Key Executives

  • Mr. David M. Sedgwick (Age 46)
    CEO, Pres & Director
    Comp: $1.14M
  • Mr. William M. Wagner (Age 56)
    CFO & Treasurer
    Comp: $1.12M
  • Mr. Mark D. Lamb (Age 44)
    Chief Investment Officer
    Comp: $1.09M
  • Mr. Eric Gillis
    Director of Asset Management
  • Mr. James B. Callister
    Exec. VP
  • Ms. Lauren Beale
    Sr. VP & Controller













CTRE Stock - Frequently Asked Questions

Should I buy or sell CareTrust REIT stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 2022?

8 Wall Street analysts have issued 1-year target prices for CareTrust REIT's shares. Their CTRE share price forecasts range from $20.00 to $23.00. On average, they expect the company's stock price to reach $21.56 in the next twelve months. This suggests a possible upside of 19.2% 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 2022?

CareTrust REIT's stock was trading at $22.83 at the beginning of the year. Since then, CTRE shares have decreased by 20.8% and is now trading at $18.09.
View the best growth stocks for 2022 here
.

When is CareTrust REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our CTRE earnings forecast
.

How were CareTrust REIT's earnings last quarter?

CareTrust REIT, Inc. (NASDAQ:CTRE) released its quarterly earnings data 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 net margin of 3.94% and a trailing twelve-month return on equity of 0.86%. During the same period in the prior year, the firm earned $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 Friday, September 16th. Shareholders of record on Friday, September 30th will be given a dividend of $0.275 per share on Friday, October 14th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for CTRE
.

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 6.04%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 1,571.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CTRE will have a dividend payout ratio of 70.97% next year. This indicates that the company will be able to sustain or increase its dividend.
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."

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 $18.09.

How much money does CareTrust REIT make?

CareTrust REIT (NASDAQ:CTRE) has a market capitalization of $1.76 billion and generates $192.35 million in revenue each year. The real estate investment trust earns $71.98 million in net income (profit) each year or $0.07 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 9/30/2022 by MarketBeat.com Staff

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