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 186 net leased healthcare properties and three operated seniors housing properties in 24 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. More information about CareTrust REIT is available at www.caretrustreit.com.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CTRE
CUSIPN/A
Phone949-542-3130
Debt
Debt-to-Equity Ratio0.85
Current Ratio1.65
Quick Ratio1.65
Price-To-Earnings
Trailing P/E Ratio15.62
Forward P/E Ratio14.16
P/E Growth2.7
Sales & Book Value
Annual Sales$132.98 million
Price / Sales11.03
Cash Flow$0.9552 per share
Price / Cash18.97
Book Value$7.83 per share
Price / Book2.31
Profitability
EPS (Most Recent Fiscal Year)$1.16
Net Income$25.87 million
Net Margins28.26%
Return on Equity6.81%
Return on Assets3.50%
Miscellaneous
Employees50
Outstanding Shares80,980,000
Market Cap$1.41 billion
Caretrust REIT (NASDAQ:CTRE) Frequently Asked Questions
What is Caretrust REIT's stock symbol?
Caretrust REIT trades on the NASDAQ under the ticker symbol "CTRE."
How often does Caretrust REIT pay dividends? What is the dividend yield for Caretrust REIT?
Caretrust REIT declared a quarterly dividend on Tuesday, June 19th. Stockholders of record on Friday, June 29th will be given a dividend of $0.205 per share on Friday, July 13th. This represents a $0.82 annualized dividend and a dividend yield of 4.53%. The ex-dividend date is Thursday, June 28th. View Caretrust REIT's Dividend History.
How were Caretrust REIT's earnings last quarter?
Caretrust REIT Inc (NASDAQ:CTRE) posted its quarterly earnings data on Wednesday, August, 1st. The real estate investment trust reported $0.17 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.17. The real estate investment trust had revenue of $38.97 million for the quarter, compared to analyst estimates of $38.44 million. Caretrust REIT had a net margin of 28.26% and a return on equity of 6.81%. Caretrust REIT's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.30 earnings per share. View Caretrust REIT's Earnings History.
When is Caretrust REIT's next earnings date?
What guidance has Caretrust REIT issued on next quarter's earnings?
Caretrust REIT issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $1.32 to $1.34 for the period, compared to the Thomson Reuters consensus estimate of $1.30.
What price target have analysts set for CTRE?
8 brokers have issued 12 month target prices for Caretrust REIT's shares. Their forecasts range from $15.00 to $21.00. On average, they anticipate Caretrust REIT's stock price to reach $17.6250 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for Caretrust REIT.
What is the consensus analysts' recommendation for Caretrust REIT?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caretrust REIT in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.
What are Wall Street analysts saying about Caretrust REIT stock?
Here are some recent quotes from research analysts about Caretrust REIT stock:
- 1. According to Zacks Investment Research, "CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States. " (8/6/2018)
- 2. Cantor Fitzgerald analysts commented, "CTRE’s 1Q18 results exceeded consensus expectations (they were in line with ours) and the company raised full year guidance, demonstrating the strength of the company’s operator mix and its conservative approach to the skilled nursing market. CTRE completed its transition of Pristine facilities in early May." (5/8/2018)
Who are some of Caretrust REIT's key competitors?
Some companies that are related to Caretrust REIT include American Campus Communities (ACC), Howard Hughes (HHC), Brixmor Property Group (BRX), Medical Properties Trust (MPW), Hammerson (HMSNF), Highwoods Properties (HIW), EPR Properties (EPR), Hospitality Properties Trust (HPT), Life Storage (LSI), Rayonier (RYN), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT), Ryman Hospitality Properties (RHP), Senior Housing Properties Trust (SNH) and First Industrial Realty Trust (FR).
Who are Caretrust REIT's key executives?
Caretrust REIT's management team includes the folowing people:
- Mr. Gregory K. Stapley J.D., Chairman, Pres & CEO (Age 58)
- Mr. William M. Wagner, CFO, Treasurer & Sec. (Age 52)
- Mr. David M. Sedgwick, VP of Operations (Age 42)
- Mr. Mark Lamb, Director of Investments
Has Caretrust REIT been receiving favorable news coverage?
Media stories about CTRE stock have been trending somewhat positive recently, Accern reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Caretrust REIT earned a news impact score of 0.10 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 47.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Caretrust REIT.
Who are Caretrust REIT's major shareholders?
Caretrust REIT's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.48%), FMR LLC (12.75%), Millennium Management LLC (2.71%), Bank of New York Mellon Corp (2.31%), American Century Companies Inc. (1.39%) and Dimensional Fund Advisors LP (1.39%). View Institutional Ownership Trends for Caretrust REIT.
Which institutional investors are selling Caretrust REIT stock?
CTRE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Heitman Real Estate Securities LLC, Renaissance Technologies LLC, Advisors Asset Management Inc., State of Alaska Department of Revenue, BNP Paribas Arbitrage SA, Bank of Montreal Can and Russell Investments Group Ltd.. View Insider Buying and Selling for Caretrust REIT.
Which institutional investors are buying Caretrust REIT stock?
CTRE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Millennium Management LLC, American Century Companies Inc., Bank of America Corp DE, Wells Fargo & Company MN, Citadel Advisors LLC and Westpac Banking Corp. View Insider Buying and Selling for Caretrust REIT.
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, Scottrade, Fidelity and Charles Schwab.
What is Caretrust REIT's stock price today?
One share of CTRE stock can currently be purchased for approximately $18.12.
How big of a company is Caretrust REIT?
Caretrust REIT has a market capitalization of $1.41 billion and generates $132.98 million in revenue each year. The real estate investment trust earns $25.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Caretrust REIT employs 50 workers across the globe.
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)
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.
