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Caretrust REIT Stock Price, News & Analysis (NASDAQ:CTRE)

$23.55
-0.11 (-0.46 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$23.50
Now: $23.55
$23.85
50-Day Range
$22.85
MA: $23.55
$24.22
52-Week Range
$16.68
Now: $23.55
$25.54
Volume319,853 shs
Average Volume710,547 shs
Market Capitalization$2.25 billion
P/E Ratio18.06
Dividend Yield3.80%
Beta0.67
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.

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$156.94 million
Cash Flow$1.30 per share
Book Value$9.16 per share

Profitability

Net Income$57.92 million

Miscellaneous

Employees57
Market Cap$2.25 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 -- dividend on Friday, September 20th. Investors of record on Monday, September 30th will be paid a dividend of $0.225 per share on Tuesday, October 15th. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 27th. View Caretrust REIT's Dividend History.

How were Caretrust REIT's earnings last quarter?

Caretrust REIT Inc (NASDAQ:CTRE) released its quarterly earnings data on Tuesday, August, 6th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.14. The real estate investment trust had revenue of $46.20 million for the quarter, compared to the consensus estimate of $43.23 million. Caretrust REIT had a return on equity of 8.08% and a net margin of 39.70%. The firm's revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 earnings per share. View Caretrust REIT's Earnings History.

When is Caretrust REIT's next earnings date?

Caretrust REIT is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Caretrust REIT.

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

Caretrust REIT updated its FY19 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of ~$1.40-1.42 for the period, compared to the Thomson Reuters consensus estimate of $1.38.

What price target have analysts set for CTRE?

8 brokerages have issued 12-month price targets for Caretrust REIT's shares. Their predictions range from $20.00 to $29.00. On average, they anticipate Caretrust REIT's share price to reach $24.88 in the next year. This suggests a possible upside of 5.6% from the stock's current price. 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 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caretrust REIT.

Has Caretrust REIT been receiving favorable news coverage?

News headlines about CTRE stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caretrust REIT earned a media sentiment score of -2.6 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 impact on the company's share price in the near term. View News Stories for Caretrust REIT.

Are investors shorting Caretrust REIT?

Caretrust REIT saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 2,530,000 shares, a decline of 16.5% from the August 30th total of 3,030,000 shares. Based on an average trading volume of 767,400 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.7% of the shares of the company are sold short. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Caretrust REIT investors own include Apple Hospitality REIT (APLE), Physicians Realty Trust (DOC), CVS Health (CVS), Canopy Growth (CGC), Omega Healthcare Investors (OHI), Orchid Island Capital (ORC), Iron Mountain (IRM), Ares Capital (ARCC), Masimo (MASI) and Uniti Group (UNIT).

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 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

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 Copper Rock Capital Partners LLC (0.83%), Scout Investments Inc. (0.23%) and State of Alaska Department of Revenue (0.09%). 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 Scout Investments Inc.. View Insider Buying and Selling for Caretrust REIT.

Which institutional investors are buying Caretrust REIT stock?

CTRE stock was bought by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

What is Caretrust REIT's stock price today?

One share of CTRE stock can currently be purchased for approximately $23.55.

How big of a company is Caretrust REIT?

Caretrust REIT has a market capitalization of $2.25 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.

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:  333 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  649
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 10/13/2019 by MarketBeat.com Staff

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