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CareTrust REIT (CTRE)
NYSE:CTRE
Holding CTRE?
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CTRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.10 - $33.15
Previous Close$30.94
Volume2.76M
Average Volume (3M)1.94M
Market Cap
$5.75B
Enterprise Value$5.77B
Total Cash (Recent Filing)$377.10M
Total Debt (Recent Filing)$396.70M
Price to Earnings (P/E)43.1
Beta0.54
Next Earnings
Feb 06, 2025EPS Estimate
$0.31Last Dividend Ex-Date
Sep 30, 2024Dividend Yield3.75%
Share Statistics
EPS (TTM)0.71
Shares Outstanding171,450,194
10 Day Avg. Volume4,397,062
30 Day Avg. Volume1,935,684
Standard Deviation0.09
R-Squared0.43
Alpha0.00022
Financial Highlights & Ratios
Price to Book (P/B)2.19
Price to Sales (P/S)21.93
Price to Cash Flow (P/CF)19.60
P/FCF Ratio77.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue22.32
Enterprise Value/Gross Profit30.51
Enterprise Value/Ebitda30.49
Forecast
1Y Price Target
$33.80Price Target Upside9.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
CareTrust REIT News
PremiumCompany Announcements
CareTrust REIT Reports Strong Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Acquisition ActivityThe highlight of the quarter was the notable acceleration in acquisition activity.
Balance Sheet StrengthThe company continues to maintain a solid balance sheet and noticeably low leverage.
Financial PerformanceCTRE completed investments totaling ~$267.7M at an estimated stabilized yield of 9.9%.
Bears Say
Financial PerformanceCTRE delivered 2Q24 AFFO/sh of $0.36 which was in-line with consensus but slightly below DBe at $0.38.
Market CompetitionCompetition appears to be increasing across healthcare.
Tenant PerformanceA decline in EBITDAR coverage was experienced by two Top 10 tenants – PACS Group and Bayshire Senior Communities.
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Ownership Overview
0.41% Insiders
22.07% Mutual Funds
2.51% Other Institutional Investors
47.94% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CTRE FAQ
What was CareTrust REIT’s price range in the past 12 months?
CareTrust REIT lowest stock price was $20.10 and its highest was $33.15 in the past 12 months.
What is CareTrust REIT’s market cap?
Currently, no data Available
When is CareTrust REIT’s upcoming earnings report date?
CareTrust REIT’s upcoming earnings report date is Feb 06, 2025 which is in 88 days.
How were CareTrust REIT’s earnings last quarter?
CareTrust REIT released its earnings results on Oct 29, 2024. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.29 by -$0.08.
Is CareTrust REIT overvalued?
According to Wall Street analysts CareTrust REIT’s price is currently Undervalued.
Does CareTrust REIT pay dividends?
CareTrust REIT pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 3.75%. See more information on CareTrust REIT dividends here
What is CareTrust REIT’s EPS estimate?
CareTrust REIT’s EPS estimate is $0.31.
How many shares outstanding does CareTrust REIT have?
CareTrust REIT has 187,320,190 shares outstanding.
What happened to CareTrust REIT’s price movement after its last earnings report?
CareTrust REIT reported an EPS of $0.21 in its last earnings report, missing expectations of $0.29. Following the earnings report the stock price went up 2.788%.
Which hedge fund is a major shareholder of CareTrust REIT?
Among the largest hedge funds holding CareTrust REIT’s share is AEW Capital Management, L.P.. It holds CareTrust REIT’s shares valued at 16M.
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CareTrust REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$33.80 (9.24% Upside)
$33.80 (9.24% Upside)
Blogger Sentiment
Bullish
CTRE Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 331.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.89%
12-Months-Change
Fundamentals
Return on Equity
5.60%
Trailing 12-Months
Asset Growth
65.25%
Trailing 12-Months
Company Description
CareTrust REIT
CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.
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CTRE Company Deck
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CTRE Earnings Call
Q3 2024
0:00 / 0:00
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CTRE Stock 12 Month Forecast
Average Price Target
$33.80
▲(9.24% Upside)
Technical Analysis
Sabra Healthcare REIT
―
Omega Healthcare
―
National Health Investors
―
LTC Properties
―
Best Analysts Covering CTRE
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+24.14%
reiterated a buy rating 9 days ago
Copying Michael Carroll's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +24.14% per trade.
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