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 paid a dividend of $0.225 per share on Wednesday, January 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Monday, December 30th. View Caretrust REIT's Dividend History.

Caretrust REIT Inc (NASDAQ:CTRE) released its quarterly earnings data on Thursday, November, 7th. The real estate investment trust reported ($0.11) earnings per share (EPS) 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 the consensus estimate of $43.64 million. Caretrust REIT had a net margin of 25.85% and a return on equity of 4.76%. The firm's revenue was down 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 EPS. View Caretrust REIT's Earnings History.

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Caretrust REIT.

Caretrust REIT updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $1.36-1.37 for the period.

7 analysts have issued 1 year target prices for Caretrust REIT's shares. Their forecasts range from $22.00 to $29.00. On average, they expect Caretrust REIT's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 16.6% 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.

Media stories about CTRE stock have trended very negative on Saturday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Caretrust REIT earned a news sentiment score of -3.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Caretrust REIT.

Caretrust REIT saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,130,000 shares, a decline of 21.7% from the December 15th total of 2,720,000 shares. Based on an average daily trading volume, of 962,400 shares, the days-to-cover ratio is currently 2.2 days. Currently, 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 American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), SL Green Realty (SLG), Douglas Emmett (DEI), CyrusOne (CONE), Starwood Property Trust (STWD), New Residential Investment (NRZ), AmeriCold Realty Trust (COLD), Healthcare Trust Of America (HTA), American Campus Communities (ACC), Brixmor Property Group (BRX), CubeSmart (CUBE), Cousins Properties (CUZ), EPR Properties (EPR) and JBG SMITH Properties (JBGS).

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), Enterprise Products Partners (EPD) and Kinder Morgan (KMI).

Caretrust REIT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.23%), Jaguar Listed Property LLC (0.19%), New York State Teachers Retirement System (0.17%), State of Alaska Department of Revenue (0.10%), 6 Meridian (0.04%) and Louisiana State Employees Retirement System (0.03%). View Institutional Ownership Trends for Caretrust REIT.

CTRE stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Louisiana State Employees Retirement System and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Caretrust REIT.

CTRE stock was purchased by a variety of institutional investors in the last quarter, including Jaguar Listed Property LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, Nisa Investment Advisors LLC and 6 Meridian. 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 $21.87.

Caretrust REIT has a market capitalization of $2.09 billion and generates $156.94 million in revenue each year. The real estate investment trust earns $57.92 million in net income (profit) each year or $1.28 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]