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. Shareholders 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 yield of 3.87%. The ex-dividend date is Monday, December 30th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) posted its earnings results on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates 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 5.16% and a net margin of 28.37%. The business's revenue for the quarter was down 15.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 earnings per share. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT updated its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $1.32 to $1.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40.

7 brokerages have issued 1-year price objectives 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 9.6% 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 positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog 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 daily sentiment score of 2.6 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Caretrust REIT.

Caretrust REIT saw a drop in short interest in 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 daily 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 stock are sold short. View Caretrust REIT's Current Options Chain.

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

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 a number of of retail and institutional 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 $23.27.

Caretrust REIT has a market capitalization of $2.22 billion and generates $163.40 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.36 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]