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CareTrust REIT ( (CTRE) ) just unveiled an announcement.
On May 30, 2025, CareTrust REIT, Inc. entered into an amendment to its credit and guaranty agreement, introducing a $500 million unsecured term loan facility alongside its existing $1.2 billion revolving credit facility. This move is expected to help the company pay off existing debt, fund acquisitions, and support general corporate purposes, potentially enhancing its financial flexibility and positioning in the healthcare real estate market.
The most recent analyst rating on (CTRE) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on CareTrust REIT stock, see the CTRE Stock Forecast page.
Spark’s Take on CTRE Stock
According to Spark, TipRanks’ AI Analyst, CTRE is a Outperform.
CareTrust REIT demonstrates a strong overall performance, driven by robust financial metrics and strategic acquisitions that enhance growth potential. The company’s earnings call and corporate events further bolster its investment appeal. However, valuation concerns due to a high P/E ratio and potential risks related to Medicaid cuts and tenant performance moderate the overall score.
To see Spark’s full report on CTRE stock, click here.
More about CareTrust REIT
CareTrust REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing primarily on acquiring, financing, and managing healthcare-related properties. The company’s market focus includes skilled nursing, assisted living, and independent living facilities across the United States.
Average Trading Volume: 1,674,826
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.51B
For an in-depth examination of CTRE stock, go to TipRanks’ Stock Analysis page.