Top-Rated Dividend StocksTop-Rated DividendNASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free CTRE Stock Alerts $24.00 +0.52 (+2.21%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$23.53▼$24.0050-Day Range$20.41▼$24.0052-Week Range$17.86▼$24.00Volume2.09 million shsAverage Volume1.88 million shsMarket Capitalization$3.24 billionP/E Ratio48.98Dividend Yield4.67%Price Target$23.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside1.8% Downside$23.57 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth9.93%From $1.51 to $1.66 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.2.73 out of 5 starsFinance Sector602nd out of 890 stocksReal Estate Investment Trusts Industry124th out of 182 stocks 1.4 Analyst's Opinion Consensus RatingCareTrust REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.57, CareTrust REIT has a forecasted downside of 1.8% from its current price of $24.00.Amount of Analyst CoverageCareTrust REIT has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTRE. Previous Next 3.3 Dividend Strength Dividend LeadershipCareTrust REIT is a leading dividend payer. It pays a dividend yield of 4.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of CareTrust REIT is 228.57%. 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 67.47% next year. This indicates that CareTrust REIT will be able to sustain or increase its 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 3.8 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 0.76. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CareTrust REIT this week, compared to 2 articles on an average week.Search Interest11 people have searched for CTRE on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat Follows9 people have added CareTrust REIT to their MarketBeat watchlist in the last 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 Institutions92.24% of the stock of CareTrust REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CareTrust REIT are expected to grow by 9.93% in the coming year, from $1.51 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 48.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 48.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI sSock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. 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 HeadlinesMarch 18, 2024 | businesswire.comCareTrust REIT Raises Quarterly Dividend to $0.29 per ShareMarch 16, 2024 | finance.yahoo.comCTRE Jul 2024 30.000 putMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 9, 2024 | americanbankingnews.comCareTrust REIT, Inc. (NASDAQ:CTRE) Given Consensus Rating of "Moderate Buy" by BrokeragesMarch 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 MissouriFebruary 22, 2024 | wsj.comCareTrust REIT Inc.March 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 16, 2024 | markets.businessinsider.comRBC Capital Remains a Buy on CareTrust REIT (CTRE)February 13, 2024 | finance.yahoo.comCareTrust REIT, Inc. (NYSE:CTRE) Q4 2023 Earnings Call TranscriptFebruary 10, 2024 | msn.comA New Cause for Concern: CareTrust REIT Adds a New Cyber Security RiskFebruary 9, 2024 | seekingalpha.comCareTrust REIT, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 9, 2024 | msn.comCareTrust REIT Releases Q4 and Annual Financial UpdateFebruary 9, 2024 | msn.comCareTrust REIT (CTRE) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesFebruary 8, 2024 | finance.yahoo.comCareTrust REIT Inc. Reports Solid Year-End Earnings with Net Income Growth and Strong ...February 8, 2024 | finance.yahoo.comCareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating ResultsFebruary 8, 2024 | markets.businessinsider.comCareTrust REIT is about to announce its earnings — here's what Wall Street expectsFebruary 7, 2024 | seekingalpha.comCareTrust REIT: Buy The Drop On This Solid Dividend GrowerFebruary 5, 2024 | finance.yahoo.comNorthwind Group and Care Trust REIT Provide $105 Million in Mezzanine Loans Secured by 25 Skilled Nursing and Assisted Living Properties in Virginia and MissouriFebruary 2, 2024 | finance.yahoo.comCareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 9, 2024February 1, 2024 | finance.yahoo.comDown -5.34% in 4 Weeks, Here's Why You Should You Buy the Dip in CareTrust REIT (CTRE)January 23, 2024 | finance.yahoo.comCareTrust REIT, Inc. Announces Tax Treatment of 2023 DividendsJanuary 22, 2024 | finance.yahoo.comCareTrust REIT, Inc. (CTRE)January 9, 2024 | markets.businessinsider.comCareTrust REIT Buys Assisted Living Facility In California In JV Investment Of $10.7 MlnJanuary 9, 2024 | msn.comCareTrust REIT acquires Southern California assisted living facility in San BernardinoDecember 29, 2023 | nasdaq.comEx-Dividend Reminder: Americold Realty Trust, InvenTrust Properties and CareTrust REITSee 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 1/12 Dividend12/28/2023Dividend Payable1/12/2024Today3/19/2024Next Earnings (Estimated)5/08/2024Fiscal 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$23.57 High Stock Price Target$25.00 Low Stock Price Target$23.00 Potential Upside/Downside-1.8%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.49 Trailing P/E Ratio48.98 Forward P/E Ratio15.89 P/E GrowthN/ANet Income$53.74 million Net Margins24.67% Pretax Margin24.67% Return on Equity5.14% Return on Assets2.98% Debt Debt-to-Equity Ratio0.42 Current Ratio8.67 Quick Ratio8.67 Sales & Book Value Annual Sales$217.77 million Price / Sales14.88 Cash Flow$0.96 per share Price / Cash Flow25.03 Book Value$11.91 per share Price / Book2.02Miscellaneous Outstanding Shares134,990,000Free Float132,631,000Market Cap$3.24 billion OptionableOptionable Beta1.04 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David M. Sedgwick (Age 48)CEO, President & Director Comp: $1.98MMr. William M. Wagner (Age 58)CFO & Treasurer Comp: $1.23MMr. James B. Callister (Age 48)Chief Investment Officer & Secretary Comp: $822.9kMr. Eric GillisDirector of Asset ManagementMs. Lauren BealeSenior VP & ControllerKey CompetitorsSITE CentersNYSE:SITCTangerNYSE:SKTRetail Properties of AmericaNYSE:RPAIRLJ Lodging TrustNYSE:RLJForestar GroupNYSE:FORView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 1,871,125 shares on 3/11/2024Ownership: 13.709%SageView Advisory Group LLCBought 3,259 shares on 3/6/2024Ownership: 0.012%Wellington Management Group LLPSold 526,548 shares on 3/5/2024Ownership: 5.122%Goldman Sachs Group Inc.Sold 489,349 shares on 3/1/2024Ownership: 0.314%American International Group Inc.Bought 467 shares on 2/28/2024Ownership: 0.042%View All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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? 7 brokerages have issued 1-year target prices for CareTrust REIT's shares. Their CTRE share price targets range from $23.00 to $25.00. On average, they expect the company's stock price to reach $23.57 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. 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 the year. Since then, CTRE stock has increased by 7.2% and is now trading at $24.00. 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 Wednesday, May 8th 2024. View our CTRE earnings forecast. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) issued its quarterly earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.25 by $0.06. CareTrust REIT had a net margin of 24.67% and a trailing twelve-month return on equity of 5.14%. During the same quarter last year, the business posted $0.36 EPS. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT declared a quarterly dividend on Monday, December 18th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.28 per share on Friday, January 12th. This represents a $1.12 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date is Thursday, December 28th. Read our dividend analysis for CTRE. Is CareTrust REIT a good dividend stock? CareTrust REIT (NASDAQ:CTRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.75%. CTRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 228.57%. 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 67.47% 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), Global X SuperDividend REIT ETF (SRET), Cambria Global Real Estate ETF (BLDG), Virtus Real Asset Income ETF (VRAI), Invesco Active U.S. Real Estate ETF (PSR), JPMorgan Realty Income ETF (JPRE), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Multi-Asset Diversified Income Index Fund (MDIV). What guidance has CareTrust REIT issued on next quarter's earnings? CareTrust REIT issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 1.430-1.450 for the period, compared to the consensus EPS estimate of 1.530. 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.71%), Vanguard Group Inc. (13.71%), Wellington Management Group LLP (5.12%), Centersquare Investment Management LLC (2.16%), Nuveen Asset Management LLC (1.47%) and Charles Schwab Investment Management Inc. (1.44%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBitcoin dollar warningStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy 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. 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