NASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis $29.78 -0.15 (-0.50%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$29.57▼$29.9650-Day Range$25.15▼$29.9252-Week Range$19.79▼$30.33Volume1.27 million shsAverage Volume1.37 million shsMarket Capitalization$4.23 billionP/E Ratio57.27Dividend Yield3.90%Price Target$26.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.5% Downside$26.67 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 9 Articles This WeekInsider TradingSelling Shares$1.04 M Sold Last QuarterProj. Earnings Growth11.49%From $1.48 to $1.65 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.1.77 out of 5 starsFinance Sector662nd out of 871 stocksReal Estate Investment Trusts Industry132nd out of 178 stocks 1.3 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCareTrust REIT has only been the subject of 2 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 3.91%, 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 70.30% 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 3.0 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.49. 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 lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for CareTrust REIT this week, compared to 3 articles on an average week.Search Interest7 people have searched for CTRE on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.MarketBeat Follows5 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CareTrust REIT insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,043,000.00 in 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 11.49% in the coming year, from $1.48 to $1.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 57.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 57.27, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.36. 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 Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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 HeadlinesSeptember 6 at 8:35 AM | insidertrades.comInsider Selling: CareTrust REIT, Inc. (NASDAQ:CTRE) CFO Sells 35,000 Shares of StockSeptember 6 at 3:21 AM | finance.yahoo.comInsider Sale: CFO and Treasurer William Wagner Sells 35,000 Shares of CareTrust REIT Inc (CTRE)September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 5 at 5:18 PM | latimes.comSan Clemente-based CareTrust REIT Acquires Two Skilled Nursing FacilitiesSeptember 5 at 1:45 AM | ca.finance.yahoo.comCareTrust REIT Inc (7XC.MU)September 4 at 6:44 AM | seekingalpha.comRates Down, REITs Up: Two Quality REITs To Own For Long-Term GainsSeptember 3, 2024 | americanbankingnews.comCareTrust REIT, Inc. (NASDAQ:CTRE) Receives $26.67 Average Price Target from AnalystsAugust 28, 2024 | msn.comEquity REITs see a fall in proceeds from at-the-market programs during Q2 - reportSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 28, 2024 | americanbankingnews.comRoyal Bank of Canada Increases CareTrust REIT (NASDAQ:CTRE) Price Target to $31.00August 6, 2024 | markets.businessinsider.comCareTrust REIT: Solid Fundamentals with Caution Advised, Maintains Hold RatingAugust 4, 2024 | seekingalpha.comCareTrust REIT, Inc. (CTRE) Q2 2024 Earnings Call TranscriptAugust 4, 2024 | seekingalpha.comCareTrust REIT, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 1, 2024 | nz.finance.yahoo.comCareTrust REIT, Inc. (7XC.F)August 1, 2024 | finance.yahoo.comCareTrust REIT Funds $378 Million in New Investments; Announces Replenished Investment Pipeline of $270 MillionAugust 1, 2024 | finance.yahoo.comCareTrust REIT Announces Second Quarter 2024 Operating ResultsJuly 23, 2024 | stocknews.com3 Healthcare REITs With Strong Growth ProspectsJune 28, 2024 | stocknews.com3 High-Growth Healthcare REITs to WatchSee 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 Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings8/01/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal 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$26.67 High Stock Price Target$31.00 Low Stock Price Target$23.00 Potential Upside/Downside-10.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio57.27 Forward P/E Ratio20.12 P/E GrowthN/ANet Income$53.74 million Net Margins30.09% Pretax Margin29.95% Return on Equity4.84% Return on Assets3.35% Debt Debt-to-Equity Ratio0.34 Current Ratio13.37 Quick Ratio13.37 Sales & Book Value Annual Sales$213.60 million Price / Sales19.81 Cash Flow$0.94 per share Price / Cash Flow31.72 Book Value$12.62 per share Price / Book2.36Miscellaneous Outstanding Shares142,064,000Free Float139,578,000Market Cap$4.23 billion OptionableOptionable Beta1.09 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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:RPAIAmerican Assets TrustNYSE:AATWashington Real Estate Investment TrustNYSE:WRERLJ Lodging TrustNYSE:RLJView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 13,105 shares on 9/5/2024Ownership: 0.009%William M WagnerSold 35,000 sharesTotal: $1.04 M ($29.80/share)Creative PlanningBought 1,071 shares on 8/16/2024Ownership: 0.025%Algert Global LLCBought 13,588 shares on 8/16/2024Ownership: 0.010%Quarry LPBought 2,613 shares on 8/16/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions How have CTRE shares performed this year? CareTrust REIT's stock was trading at $22.38 on January 1st, 2024. Since then, CTRE shares have increased by 33.1% and is now trading at $29.78. View the best growth stocks for 2024 here. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) issued its earnings results on Thursday, August, 1st. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.29. The real estate investment trust earned $68.89 million during the quarter, compared to analysts' expectations of $66.36 million. CareTrust REIT had a net margin of 30.09% and a trailing twelve-month return on equity of 4.84%. Who are CareTrust REIT's major shareholders? Top institutional shareholders of CareTrust REIT include American Century Companies Inc. (2.02%), Marshall Wace LLP (1.74%), Bank of New York Mellon Corp (1.68%) and Dimensional Fund Advisors LP (1.45%). 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. What other stocks do shareholders of CareTrust REIT own? Based on aggregate information from My MarketBeat watchlists, some other companies that CareTrust REIT investors own include Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD) and Bristol-Myers Squibb (BMY). This page (NASDAQ:CTRE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...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.
Free CTRE Stock Alerts