NASDAQ:CTRECaretrust REIT Stock Price, Forecast & News

Caretrust REIT's stock was trading at $16.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CTRE stock has increased by 0.1% and is now trading at $17.01. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Caretrust REIT.

Caretrust REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Caretrust REIT.

Caretrust REIT Inc (NASDAQ:CTRE) announced its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.14. The real estate investment trust earned $44.34 million during the quarter, compared to analysts' expectations of $43.20 million. Caretrust REIT had a return on equity of 5.32% and a net margin of 29.53%. View Caretrust REIT's earnings history.

Caretrust REIT declared a quarterly dividend on Wednesday, June 17th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.25 per share on Wednesday, July 15th. This represents a $1.00 annualized dividend and a yield of 5.88%. The ex-dividend date of this dividend is Monday, June 29th. View Caretrust REIT's dividend history.

Caretrust REIT updated its FY 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of 1.32-1.34 for the period.

7 Wall Street analysts have issued 1-year price targets for Caretrust REIT's shares. Their forecasts range from $13.00 to $26.00. On average, they expect Caretrust REIT's stock price to reach $21.43 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View analysts' price targets for Caretrust REIT.

News headlines about CTRE stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Caretrust REIT earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about Caretrust REIT.

Caretrust REIT saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,140,000 shares, an increase of 27.4% from the May 31st total of 1,680,000 shares. Based on an average daily trading volume, of 952,800 shares, the short-interest ratio is currently 2.2 days. Approximately 2.3% 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 Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Klepierre (KLPEF), Healthcare Trust Of America (HTA), Apartment Investment and Management (AIV), Store Capital (STOR), CubeSmart (CUBE), Kimco Realty (KIM), Douglas Emmett (DEI), First Industrial Realty Trust (FR), Rexford Industrial Realty (REXR), American Campus Communities (ACC), Eastgroup Properties (EGP), CoreSite Realty (COR) and Life Storage (LSI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Medical Properties Trust (MPW), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD) and Exxon Mobil (XOM).

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

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 $17.01.

Caretrust REIT has a market capitalization of $1.63 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 57 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]