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NASDAQ:CTRE

CareTrust REIT (CTRE) Stock Price, News & Analysis

CareTrust REIT logo
$28.98 +0.34 (+1.20%)
Closing price 03:59 PM Eastern
Extended Trading
$28.50 -0.48 (-1.67%)
As of 07:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About CareTrust REIT Stock (NASDAQ:CTRE)

Key Stats

Today's Range
$28.80
$29.24
50-Day Range
$24.90
$29.15
52-Week Range
$23.26
$33.15
Volume
1.41 million shs
Average Volume
1.62 million shs
Market Capitalization
$5.44 billion
P/E Ratio
36.69
Dividend Yield
4.62%
Price Target
$31.00
Consensus Rating
Moderate Buy

Company Overview

CareTrust REIT, Inc.'s (CareTrust REIT or the Company) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.

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CareTrust REIT Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
30th Percentile Overall Score

CTRE MarketRank™: 

CareTrust REIT scored higher than 30% of companies evaluated by MarketBeat, and ranked 802nd out of 939 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    CareTrust REIT has only been the subject of 4 research reports in the past 90 days.

  • Read more about CareTrust REIT's stock forecast and price target.
  • Earnings Growth

    Earnings for CareTrust REIT are expected to grow by 12.87% in the coming year, from $1.71 to $1.93 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CareTrust REIT is 36.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CareTrust REIT is 36.69, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.99.

  • Price to Earnings Growth Ratio

    CareTrust REIT has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CareTrust REIT has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CTRE.
  • Dividend Leadership

    CareTrust REIT is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    CareTrust REIT does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of CareTrust REIT is 169.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, CareTrust REIT will have a dividend payout ratio of 69.43% next year. This indicates that CareTrust REIT will be able to sustain or increase its dividend.

  • Read more about CareTrust REIT's dividend.
  • Short Interest

    There is no current short interest data available for CTRE.
  • News Sentiment

    CareTrust REIT has a news sentiment score of 1.39. 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 0.97 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for CareTrust REIT this week, compared to 6 articles on an average week.
  • Search Interest

    Only 5 people have searched for CTRE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CareTrust REIT insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.51% of the stock of CareTrust REIT is held by insiders.

  • Percentage Held by Institutions

    87.77% 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.
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CTRE Stock News Headlines

Analysts Set CareTrust REIT, Inc. (NASDAQ:CTRE) PT at $31.00
Wedbush Sticks to Its Sell Rating for CareTrust REIT (CTRE)
Trump’s Great Society
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to move your money now.
CareTrust REIT boosts dividend to 33.5c per share from 29c
What is Wedbush's Forecast for CareTrust REIT Q1 Earnings?
See More Headlines

CTRE Stock Analysis - Frequently Asked Questions

CareTrust REIT's stock was trading at $27.05 on January 1st, 2025. Since then, CTRE stock has increased by 7.1% and is now trading at $28.9840.
View the best growth stocks for 2025 here
.

CareTrust REIT, Inc. (NASDAQ:CTRE) released its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.29 EPS for the quarter, missing the consensus estimate of $0.41 by $0.12. CareTrust REIT had a net margin of 42.22% and a trailing twelve-month return on equity of 5.59%.

CareTrust REIT's top institutional investors include Vanguard Group Inc. (15.92%), Wellington Management Group LLP (5.83%), FMR LLC (4.63%) and Geode Capital Management LLC (2.69%).
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CareTrust REIT investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Voya Infrastructure, Industrials and Materials Fund (IDE), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 1/15 Dividend
12/31/2024
Dividend Payable
1/15/2025
Last Earnings
2/12/2025
Today
3/24/2025
Ex-Dividend for 4/15 Dividend
3/31/2025
Dividend Payable
4/15/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:CTRE
Previous Symbol
NASDAQ:CTREV
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.00
High Stock Price Target
$34.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
36.71
Forward P/E Ratio
16.96
P/E Growth
1.25
Net Income
$125.08 million
Pretax Margin
41.99%

Debt

Sales & Book Value

Annual Sales
$228.26 million
Cash Flow
$1.24 per share
Price / Cash Flow
23.35
Book Value
$15.51 per share
Price / Book
1.87

Miscellaneous

Free Float
184,378,000
Market Cap
$5.44 billion
Optionable
Optionable
Beta
1.11
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This page (NASDAQ:CTRE) was last updated on 3/24/2025 by MarketBeat.com Staff
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