NASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free CTRE Stock Alerts $25.17 -0.11 (-0.44%) (As of 06/14/2024 08:51 PM ET) Add Compare Share Share Today's Range$24.99▼$25.4650-Day Range$23.46▼$26.1752-Week Range$19.05▼$26.43Volume2.46 million shsAverage Volume1.32 million shsMarket Capitalization$3.58 billionP/E Ratio48.40Dividend Yield4.61%Price Target$24.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside2.7% Downside$24.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth7.59%From $1.45 to $1.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.09 out of 5 starsFinance Sector772nd out of 867 stocksReal Estate Investment Trusts Industry151st out of 175 stocks 1.3 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCareTrust REIT has only been the subject of 3 research reports in the past 90 days.Read more about CareTrust REIT's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTRE. Previous Next 2.5 Dividend Strength Dividend LeadershipCareTrust REIT is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CareTrust REIT is 223.08%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, CareTrust REIT will have a dividend payout ratio of 74.36% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.Read more about CareTrust REIT's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTRE. Previous Next 2.3 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.88 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for CareTrust REIT this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for CTRE on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CareTrust REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.75% of the stock of CareTrust REIT is held by insiders.Percentage Held by Institutions87.77% of the stock of CareTrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about CareTrust REIT's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 7.59% in the coming year, from $1.45 to $1.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 48.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.03.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 48.40, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 40.45.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CareTrust REIT's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad StocksToTradeWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution About CareTrust REIT Stock (NASDAQ:CTRE)CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.Read More CTRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTRE Stock News HeadlinesJune 4, 2024 | businesswire.comCareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 MillionJune 4, 2024 | businesswire.comCareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 ConferenceJune 3, 2024 | businesswire.comCareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 MillionJune 3, 2024 | businesswire.comCareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 MillionMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: CareTrust REIT (CTRE) and Equinix (EQIX)May 7, 2024 | msn.comCareTrust REIT, Inc. (NYSE:CTRE) Q1 2024 Earnings Call TranscriptMay 6, 2024 | finance.yahoo.comCareTrust REIT Inc (CTRE) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth and ...May 2, 2024 | investorplace.comCTRE Stock Earnings: CareTrust REIT Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | finance.yahoo.comCareTrust REIT Inc. Reports Q1 2024 Earnings: A Detailed AnalysisMay 2, 2024 | msn.comCareTrust REIT FFO of $0.35 misses by $0.01, revenue of $63.07M beats by $3.05MMay 2, 2024 | businesswire.comCareTrust REIT Announces First Quarter 2024 Operating ResultsMay 2, 2024 | markets.businessinsider.comHere's what Wall Street expects from CareTrust REIT's earningsMay 1, 2024 | businesswire.comCareTrust REIT Funds Mortgage Financing with Purchase Option on Tennessee Skilled Nursing Facilities; Reports Reloaded Pipeline of $260 Million and Q1 ATM Activity of $273 MillionApril 26, 2024 | businesswire.comCareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024April 16, 2024 | msn.com8 REITs increase dividend payouts in March, says reportApril 15, 2024 | businesswire.comCareTrust REIT Achieves ISS ESG “Prime” Status for 2024April 6, 2024 | seekingalpha.comCareTrust REIT: This Near 5% Yielding Healthcare REIT Is A Great Long-Term Buy For Dividend InvestorsApril 2, 2024 | seekingalpha.comCareTrust REIT invests $60M in acquisition of three California CCRCsApril 2, 2024 | businesswire.comCareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement CommunitiesMarch 28, 2024 | seekingalpha.comCareTrust REIT: 4.7% Yield And Long-Term Growth PotentialMarch 18, 2024 | businesswire.comCareTrust REIT Raises Quarterly Dividend to $0.29 per ShareMarch 16, 2024 | finance.yahoo.comCTRE Jul 2024 30.000 putMarch 6, 2024 | msn.comCareTrust REIT buys three nursing facilities in Texas and MissouriMarch 6, 2024 | markets.businessinsider.comCareTrust REIT Acquires Three Skilled Nursing Facilities For Approx. $55.6 Mln In CashMarch 6, 2024 | businesswire.comCareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and MissouriSee More Headlines Receive CTRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CareTrust REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2022Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today6/16/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNASDAQ:CTRE Previous SymbolNASDAQ:CTREV CUSIPN/A CIK1590717 Webwww.caretrustreit.com Phone(949) 542-3130FaxN/AEmployees17Year FoundedN/APrice Target and Rating Average Stock Price Target$24.50 High Stock Price Target$27.00 Low Stock Price Target$23.00 Potential Upside/Downside-2.7%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio48.40 Forward P/E Ratio17.36 P/E GrowthN/ANet Income$53.74 million Net Margins27.47% Pretax Margin27.47% Return on Equity5.04% Return on Assets3.19% Debt Debt-to-Equity Ratio0.36 Current Ratio12.80 Quick Ratio12.80 Sales & Book Value Annual Sales$205.94 million Price / Sales17.36 Cash Flow$0.94 per share Price / Cash Flow26.72 Book Value$11.91 per share Price / Book2.11Miscellaneous Outstanding Shares142,064,000Free Float139,578,000Market Cap$3.58 billion OptionableOptionable Beta1.06 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. David M. Sedgwick (Age 48)CEO, President & Director Comp: $2.64MMr. William M. Wagner (Age 58)CFO & Treasurer Comp: $1.4MMr. James B. Callister (Age 48)Chief Investment Officer & Secretary Comp: $1.28MMr. Eric GillisDirector of Asset ManagementMs. Lauren BealeSenior VP & ControllerKey CompetitorsSITE CentersNYSE:SITCRetail Properties of AmericaNYSE:RPAIWashington Real Estate Investment TrustNYSE:WRERLJ Lodging TrustNYSE:RLJTwo Harbors InvestmentNYSE:TWOView All CompetitorsInstitutional OwnershipDekaBank Deutsche GirozentraleBought 18,607 shares on 6/4/2024Ownership: 0.058%Teachers Retirement System of The State of KentuckyBought 30,619 shares on 5/28/2024Ownership: 0.088%Boston PartnersBought 39,728 shares on 5/28/2024Ownership: 0.028%Virtu Financial LLCBought 8,222 shares on 5/20/2024Ownership: 0.006%Tidal Investments LLCBought 12,500 shares on 5/17/2024Ownership: 0.038%View All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTRE shares. View CTRE analyst ratings or view top-rated stocks. What is CareTrust REIT's stock price target for 2024? 8 Wall Street research analysts have issued twelve-month price targets for CareTrust REIT's stock. Their CTRE share price targets range from $23.00 to $27.00. On average, they anticipate the company's share price to reach $24.50 in the next year. This suggests that the stock has a possible downside of 2.7%. View analysts price targets for CTRE or view top-rated stocks among Wall Street analysts. How have CTRE shares performed in 2024? CareTrust REIT's stock was trading at $22.38 at the beginning of 2024. Since then, CTRE stock has increased by 12.5% and is now trading at $25.17. View the best growth stocks for 2024 here. When is CareTrust REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CTRE earnings forecast. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) issued its earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.06. CareTrust REIT had a net margin of 27.47% and a trailing twelve-month return on equity of 5.04%. During the same period in the previous year, the company earned $0.36 earnings per share. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT declared a quarterly dividend on Monday, March 18th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.29 per share on Monday, April 15th. This represents a $1.16 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.28. Read our dividend analysis for CTRE. Is CareTrust REIT a good dividend stock? CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.59%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 223.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CTRE will have a dividend payout ratio of 74.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CTRE. What ETFs hold CareTrust REIT's stock? ETFs with the largest weight of CareTrust REIT (NASDAQ:CTRE) stock in their portfolio include Residential REIT ETF (HAUS), Cambria Global Real Estate ETF (BLDG), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Low Volatility ETF (XSLV), JPMorgan Realty Income ETF (JPRE), JPMorgan Active Small Cap Value ETF (JPSV) and Multi-Asset Diversified Income Index Fund (MDIV). What guidance has CareTrust REIT issued on next quarter's earnings? CareTrust REIT updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 1.420-1.440 for the period, compared to the consensus earnings per share estimate of 1.520. The company issued revenue guidance of -. 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 Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Bristol-Myers Squibb (BMY), CVS Health (CVS), PayPal (PYPL) and Medical Properties Trust (MPW). Who are CareTrust REIT's major shareholders? CareTrust REIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.27%), Centersquare Investment Management LLC (2.02%), Zimmer Partners LP (1.21%), William Blair Investment Management LLC (1.11%), BROOKFIELD Corp ON (0.68%) and Russell Investments Group Ltd. (0.59%). View institutional ownership trends. How do I buy shares of CareTrust REIT? Shares of CTRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CTRE) was last updated on 6/17/2024 by MarketBeat.com Staff From Our PartnersTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | Sponsored(Free Workshop) Advanced “bug-out bag” hacks!“Do you have a ‘bug-out bag’ (survival kit) ready to grab-and-go when a disaster or other crisis strikes?” ...Warrior Life | SponsoredSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the ...Crypto 101 Media | SponsoredBill Clinton Backing Biden Replacement???Do you want to see who I believe will be the next president of the U.S.A? It won’t be Biden…And it won’t be...The Freeport Society | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CareTrust REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share CareTrust REIT With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.