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CareTrust REIT (CTRE)
NYSE:CTRE
Holding CTRE?
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CTRE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$20.10 - $33.15
Previous CloseN/A
Volume277.50K
Average Volume (3M)2.23M
Market Cap
$4.98B
Enterprise Value$4.96B
Total Cash (Recent Filing)$7.50M
Total Debt (Recent Filing)$354.72M
Price to Earnings (P/E)37.7
Beta0.50
Next Earnings
Feb 06, 2025EPS Estimate
0.31Last Dividend Ex-Date
Dec 31, 2024Dividend Yield4.36%
Share Statistics
EPS (TTM)0.71
Shares Outstanding187,320,190
10 Day Avg. Volume1,566,311
30 Day Avg. Volume2,232,759
Standard Deviation0.09
R-Squared0.44
Alpha0.00029
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)17.10
Price to Cash Flow (P/CF)17.10
P/FCF Ratio67.60
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue19.18
Enterprise Value/Gross Profit26.22
Enterprise Value/Ebitda26.20
Forecast
1Y Price Target
$32.00Price Target Upside17.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
CareTrust REIT News
PremiumCompany Announcements
CareTrust REIT Bolsters Leadership Team with Key Appointments
PremiumCompany Announcements
CareTrust REIT Expands Credit and Boosts GrowthBulls Say, Bears Say
Bulls Say
Financial PerformanceCTRE has a superior quality of portfolio measured by EBITDARM coverage, with a coverage of 2.9x compared to the peer average of 2.0x.
Investment PotentialCTRE has been a strong performer and is poised to deliver strong FFO growth driven by accretive acquisitions.
Strategic GrowthThe company is primed to benefit from the Aging of America, an aggressive acquisition strategy, and an expanding high-quality portfolio.
Bears Say
Analyst RatingsAnalyst's recommendation has been downgraded to Market Perform, reducing the target price.
Financial PerformancePACS represents a significant portion of pro-forma rents and has made up a significant piece of CTRE's external growth, presenting potential risk.
Market CompetitionFuture deal volume is seen as harder to sustain with increasing competition.
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Ownership Overview
0.48% Insiders
24.97% Mutual Funds
0.07% Other Institutional Investors
43.68% 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?
CareTrust REIT’s market cap is $4.98B.
When is CareTrust REIT’s upcoming earnings report date?
CareTrust REIT’s upcoming earnings report date is Feb 06, 2025 which is in 19 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 $1.156 which represents an annual dividend yield of 4.36%. 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 2.787%.
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 19M.
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CareTrust REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$32.00 (17.65% Upside)
$32.00 (17.65% Upside)
Blogger Sentiment
Bullish
CTRE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 57.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
27.35%
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
Earnings Call Sentiment|Positive
The earnings call highlighted substantial growth in market cap, investments, and improved financial metrics. However, complexities in deal structures and competitive market conditions pose challenges.Read More>---
CTRE Stock 12 Month Forecast
Average Price Target
$32.00
▲(17.65% Upside)
Technical Analysis
LTC Properties
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Sabra Healthcare REIT
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Omega Healthcare
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National Health Investors
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Universal Health Realty Income
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Healthcare Realty Trust
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Best Analysts Covering CTRE
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+13.58%
assigned a buy rating 3 months ago
Copying Austin Wurschmidt'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 +13.58% per trade.
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