Top-Rated Dividend StocksTop-Rated DividendNASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis → Protect Your Bank Account Before It’s Too Late (From Weiss Ratings) (Ad) Free CTRE Stock Alerts $25.38 +0.11 (+0.44%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$25.31▼$25.6350-Day Range$23.46▼$25.6152-Week Range$18.18▼$26.43Volume1.71 million shsAverage Volume962,743 shsMarket Capitalization$3.61 billionP/E Ratio48.81Dividend Yield4.57%Price Target$23.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get CareTrust REIT alerts: Email Address CareTrust REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside6.0% Downside$23.86 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.19Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth10.96%From $1.46 to $1.62 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.1.67 out of 5 starsFinance Sector701st out of 871 stocksReal Estate Investment Trusts Industry138th out of 178 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.Amount of Analyst CoverageCareTrust REIT has only been the subject of 1 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 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCareTrust REIT has only been increasing its dividend for 2 years.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 71.60% 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 3.4 News and Social Media Coverage News SentimentCareTrust REIT has a news sentiment score of 1.19. 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 0.81 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CareTrust REIT this week, compared to 3 articles on an average week.Search InterestOnly 2 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 Follows6 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 10.96% in the coming year, from $1.46 to $1.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 48.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.34.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 48.81, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 42.78.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.15. 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 InvestorPlaceElon Musk’s PRIME is Set to Shock the WorldMust-See: Elon's New Invention is Absolutely Insane When you click here and see what Elon Musk’s new invention does…You will NOT believe it. But Elon just tested this in a real human… And the result was mind-blowing.Click here for the full story… 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 HeadlinesMay 23 at 2:08 AM | americanbankingnews.comCareTrust REIT, Inc. (NASDAQ:CTRE) Given Average Rating of "Moderate Buy" by BrokeragesMay 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 MissouriFebruary 22, 2024 | wsj.comCareTrust REIT Inc.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 TranscriptSee 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 Payable4/15/2024Today5/25/2024Next 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$23.86 High Stock Price Target$27.00 Low Stock Price Target$23.00 Potential Upside/Downside-6.0%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio48.81 Forward P/E Ratio17.38 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$217.77 million Price / Sales16.56 Cash Flow$0.95 per share Price / Cash Flow26.83 Book Value$11.80 per share Price / Book2.15Miscellaneous Outstanding Shares142,060,000Free Float139,578,000Market Cap$3.61 billion OptionableOptionable Beta1.03 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 CompetitorsCousins PropertiesNYSE:CUZHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASIApple Hospitality REITNYSE:APLESL Green RealtyNYSE:SLGIndependence Realty TrustNYSE:IRTView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 8,222 shares on 5/20/2024Ownership: 0.006%Zimmer Partners LPBought 1,713,694 shares on 5/17/2024Ownership: 1.206%Tidal Investments LLCBought 12,500 shares on 5/17/2024Ownership: 0.038%Kennedy Capital Management LLCSold 21,101 shares on 5/16/2024Ownership: 0.194%California State Teachers Retirement SystemBought 14,100 shares on 5/16/2024Ownership: 0.084%View All Institutional Transactions CTRE Stock Analysis - Frequently Asked Questions Should I buy or sell CareTrust REIT stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTrust REIT in the last twelve months. There are currently 2 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? 7 Wall Street research analysts have issued twelve-month price objectives for CareTrust REIT's shares. Their CTRE share price targets range from $23.00 to $27.00. On average, they predict the company's stock price to reach $23.86 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. 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 shares have increased by 13.4% and is now trading at $25.38. 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 quarterly earnings results on Tuesday, February, 15th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates 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 quarter last year, the firm earned $0.36 EPS. How often does CareTrust REIT pay dividends? What is the dividend yield for CareTrust REIT? CareTrust REIT announced 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 4.57%. The ex-dividend date is Wednesday, March 27th. This is a boost 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 4.57%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. 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 71.60% 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), iShares Residential and Multisector Real Estate ETF (REZ) and 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 Friday, May, 3rd. The company provided earnings per share 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 institutional and retail 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 5/26/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s PRIME is Set to Shock the WorldInvestorPlaceShocking $16T Elon Musk Crypto LeakCrypto 101 MediaJust $9 for a Year of Winning Market InsightsBehind the MarketsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsThe Presidential candidate you should REALLY be worried aboutStansberry ResearchNew Options need New Trading StrategiesNetpicks$1,500 to $9,400 in one month? (A.I. Trade List)Prosper Trading AcademyMissed NVDA? Buy this AI stock NOWChaikin Analytics 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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.
