CareTrust REIT Stock Forecast, Price & News

CareTrust REIT's stock was trading at $16.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTRE stock has increased by 16.1% and is now trading at $19.73.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CareTrust REIT.

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CareTrust REIT is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for CareTrust REIT.

CareTrust REIT, Inc. (NASDAQ:CTRE) issued its quarterly earnings results on Thursday, November, 5th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by $0.10. CareTrust REIT had a return on equity of 8.74% and a net margin of 45.10%.
View CareTrust REIT's earnings history.

CareTrust REIT announced a quarterly dividend on Thursday, September 17th. Investors of record on Wednesday, September 30th will be given a dividend of $0.25 per share on Thursday, October 15th. This represents a $1.00 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Tuesday, September 29th.
View CareTrust REIT's dividend history.

CareTrust REIT issued an update on its FY 2020 After-Hours earnings guidance on Thursday, November, 5th. The company provided EPS guidance of 1.36-1.37 for the period.

7 Wall Street analysts have issued 12 month price objectives for CareTrust REIT's shares. Their forecasts range from $19.00 to $24.00. On average, they expect CareTrust REIT's share price to reach $21.71 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for CareTrust REIT.

CareTrust REIT saw a increase in short interest in October. As of October 30th, there was short interest totaling 1,460,000 shares, an increase of 50.2% from the October 15th total of 971,800 shares. Based on an average daily volume of 591,200 shares, the short-interest ratio is currently 2.5 days. Approximately 1.6% of the company's shares are sold short.
View CareTrust REIT's Short Interest.

Some companies that are related to CareTrust REIT include Klépierre (KLPEF), Kilroy Realty (KRC), Americold Realty Trust (COLD), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Healthcare Trust of America (HTA), Douglas Emmett (DEI), American Campus Communities (ACC), EastGroup Properties (EGP), First Industrial Realty Trust (FR), CoreSite Realty (COR) and Starwood Property Trust (STWD).
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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), The Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW).

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

CareTrust REIT's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (19.02%), State Street Corp (4.95%), Charles Schwab Investment Management Inc. (1.18%), Victory Capital Management Inc. (0.99%), Principal Financial Group Inc. (0.79%) and Morgan Stanley (0.60%).
View institutional ownership trends for CareTrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, SG Americas Securities LLC, ExodusPoint Capital Management LP, BlackRock Inc., Principal Financial Group Inc., JPMorgan Chase & Co., and Virginia Retirement Systems ET AL.
View insider buying and selling activity for CareTrust REIT.

CTRE stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Securian Asset Management Inc, Great West Life Assurance Co. Can, Lasalle Investment Management Securities LLC, Manning & Napier Group LLC, Public Sector Pension Investment Board, Valicenti Advisory Services Inc., and Meritage Portfolio Management.
View insider buying and selling activity 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 $19.73.

CareTrust REIT has a market capitalization of $1.89 billion and generates $163.40 million in revenue each year. The real estate investment trust earns $46.36 million in net income (profit) each year or $1.36 on an earnings per share basis. CareTrust REIT employs 52 workers across the globe.

The official website for CareTrust REIT is 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]