NASDAQ:CTRE CareTrust REIT (CTRE) Stock Price, News & Analysis $28.89 +0.17 (+0.59%) (As of 11:07 AM ET) Add Compare Share Share Today's Range$28.73▼$28.9050-Day Range$24.64▼$28.7252-Week Range$19.66▼$28.90Volume92,907 shsAverage Volume1.37 million shsMarket Capitalization$4.10 billionP/E Ratio55.56Dividend Yield4.02%Price Target$25.50 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/Downside11.6% Downside$25.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth8.84%From $1.47 to $1.60 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.1.18 out of 5 starsFinance Sector753rd out of 863 stocksReal Estate Investment Trusts Industry147th out of 176 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 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 4.17%, 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 72.50% 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 0.10. 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 0.57 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 Interest10 people have searched for CTRE on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.MarketBeat Follows4 people have added CareTrust REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 8.84% in the coming year, from $1.47 to $1.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareTrust REIT is 55.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.04.Price to Earnings Ratio vs. SectorThe P/E ratio of CareTrust REIT is 55.44, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 50.10.Price to Book Value per Share RatioCareTrust REIT has a P/B Ratio of 2.42. 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 Stansberry ResearchFamous Stock Market Bull Issues Rare “Collapse” WarningTilson says we're in the midst of a collapse – unlike any we've seen since 2008. As you'll see, it all centers around the tech sector. And the epicenter – it turns out – is Apple.To watch his fascinating interview which has taken Wall Street by storm, click 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 HeadlinesAugust 15, 2024 | americanbankingnews.comCareTrust REIT (NASDAQ:CTRE) Hits New 12-Month High at $27.96August 13, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for CareTrust REIT, Inc. Boosted by Analyst (NASDAQ:CTRE)August 22, 2024 | Stansberry Research (Ad)Millionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.August 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 22, 2024 | Stansberry Research (Ad)Millionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.August 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 WatchJune 28, 2024 | seekingalpha.comCareTrust REIT: A Growing REIT That Deserves A Spot In Your PortfolioJune 21, 2024 | seekingalpha.comCareTrust REIT: Solid Operational Performance, But I Don't Like The Capital StructureJune 17, 2024 | businesswire.comCareTrust REIT Announces Quarterly Dividend of $0.29 per ShareJune 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 MillionSee 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 Earnings8/01/2024Today8/22/2024Next 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$25.50 High Stock Price Target$27.00 Low Stock Price Target$23.00 Potential Upside/Downside-11.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio55.23 Forward P/E Ratio19.54 P/E GrowthN/ANet Income$53.74 million Net Margins30.09% Pretax Margin27.47% Return on Equity5.31% Return on Assets3.60% Debt Debt-to-Equity Ratio0.36 Current Ratio12.80 Quick Ratio12.80 Sales & Book Value Annual Sales$213.60 million Price / Sales19.10 Cash Flow$1.00 per share Price / Cash Flow28.84 Book Value$11.91 per share Price / Book2.41Miscellaneous Outstanding Shares142,064,000Free Float139,578,000Market Cap$4.08 billion OptionableOptionable Beta1.09 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsRetail Properties of AmericaNYSE:RPAIAmerican Assets TrustNYSE:AATWashington Real Estate Investment TrustNYSE:WRERLJ Lodging TrustNYSE:RLJTwo Harbors InvestmentNYSE:TWOView All CompetitorsInstitutional OwnershipCreative 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%Susquehanna Portfolio Strategies LLCSold 4,524 shares on 8/15/2024Ownership: 0.025%AQR Capital Management LLCSold 3,165 shares on 8/15/2024Ownership: 0.011%View 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 at the beginning of the year. Since then, CTRE shares have increased by 28.8% and is now trading at $28.83. View the best growth stocks for 2024 here. How were CareTrust REIT's earnings last quarter? CareTrust REIT, Inc. (NASDAQ:CTRE) released its earnings results on Thursday, August, 1st. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.29. The real estate investment trust had revenue of $68.89 million for the quarter, compared to the consensus estimate of $66.36 million. CareTrust REIT had a net margin of 30.09% and a trailing twelve-month return on equity of 5.31%. Who are CareTrust REIT's major shareholders? CareTrust REIT's top institutional investors 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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