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NASDAQ:CTRE - Caretrust REIT Stock Price, Forecast & News

$15.59
-0.01 (-0.06 %)
(As of 03/31/2020 04:57 AM ET)
Today's Range
$14.77
Now: $15.59
$15.69
50-Day Range
$8.00
MA: $19.04
$23.30
52-Week Range
$7.16
Now: $15.59
$25.54
Volume895,360 shs
Average Volume1.19 million shs
Market Capitalization$1.49 billion
P/E Ratio31.18
Dividend Yield5.77%
Beta0.73
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 199 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.
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Caretrust REIT logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CTRE
Previous SymbolNASDAQ:CTREV
CUSIPN/A
Phone949-542-3130

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$163.40 million
Cash Flow$1.09 per share
Book Value$9.71 per share

Profitability

Net Income$46.36 million

Miscellaneous

Employees57
Market Cap$1.49 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions

How has Caretrust REIT's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, CTRE shares have decreased by 8.2% and is now trading at $15.59. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Caretrust REIT?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Caretrust REIT.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Caretrust REIT.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) released its earnings results on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share 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 the consensus estimate of $43.64 million. Caretrust REIT had a return on equity of 5.12% and a net margin of 28.37%. The company's revenue was down 15.7% on a year-over-year basis. During the same period last year, the business posted $0.32 earnings per share. View Caretrust REIT's earnings history.

How often does Caretrust REIT pay dividends? What is the dividend yield for Caretrust REIT?

Caretrust REIT announced a quarterly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.25 per share on Wednesday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Monday, March 30th. This is a boost from Caretrust REIT's previous quarterly dividend of $0.23. View Caretrust REIT's dividend history.

What guidance has Caretrust REIT issued on next quarter's earnings?

Caretrust REIT issued an update on 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 estimate of $1.40.

What price target have analysts set for CTRE?

8 analysts have issued 1 year price objectives for Caretrust REIT's shares. Their forecasts range from $20.00 to $26.00. On average, they expect Caretrust REIT's share price to reach $24.00 in the next year. This suggests a possible upside of 53.9% from the stock's current price. View analysts' price targets for Caretrust REIT.

Has Caretrust REIT been receiving favorable news coverage?

News articles about CTRE stock have trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Caretrust REIT earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCaretrust REIT.

Are investors shorting Caretrust REIT?

Caretrust REIT saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,152,400 shares, an increase of 8.7% from the February 27th total of 1,980,000 shares. Based on an average daily trading volume, of 1,178,500 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.5% of the shares of the company are short sold. View Caretrust REIT's Current Options Chain.

Who are some of Caretrust REIT's key competitors?

What other stocks do shareholders of Caretrust REIT own?

Who are Caretrust REIT's key executives?

Caretrust REIT's management team includes the following people:
  • Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 59)
  • Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 53)
  • Mr. David M. Sedgwick, Chief Operating Officer (Age 43)
  • Mr. Mark D. Lamb, Chief Investment Officer
  • Ms. Lauren Beale, Controller

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 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.

What is Caretrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $15.59.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $1.49 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. View additional information about Caretrust REIT.

What is Caretrust REIT's official website?

The official website for Caretrust REIT is http://www.caretrustreit.com/.

How can I contact Caretrust REIT?

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]


MarketBeat Community Rating for Caretrust REIT (NASDAQ CTRE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  348 (Vote Underperform)
Total Votes:  718
MarketBeat's community ratings are surveys of what our community members think about Caretrust REIT and other stocks. Vote "Outperform" if you believe CTRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/31/2020 by MarketBeat.com Staff

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