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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$27.39
Volume836.00K
Average Volume (3M)2.29M
Market Cap
$5.13B
Enterprise Value$5.15B
Total Cash (Recent Filing)$377.10M
Total Debt (Recent Filing)$396.70M
Price to Earnings (P/E)38.5
Beta0.51
Next Earnings
Feb 06, 2025EPS Estimate
$0.31Next Dividend Ex-Date
Dec 31, 2024Dividend Yield4.2%
Share Statistics
EPS (TTM)0.71
Shares Outstanding171,450,194
10 Day Avg. Volume3,143,318
30 Day Avg. Volume2,285,118
Standard Deviation0.09
R-Squared0.44
Alpha0.00086
Financial Highlights & Ratios
PEG Ratio0.54
Price to Book (P/B)1.94
Price to Sales (P/S)17.45
Price to Cash Flow (P/CF)17.50
P/FCF Ratio69.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.94
Enterprise Value/Gross Profit27.26
Enterprise Value/Ebitda27.24
Forecast
1Y Price Target
$34.00Price Target Upside23.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
CareTrust REIT News
PremiumCompany Announcements
CareTrust REIT Expands Credit and Boosts Growth
PremiumCompany Announcements
CareTrust REIT Reports Strong Q3 2024 Results
Bulls 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.
Growth StrategyThe company is primed to benefit from the Aging of America, an aggressive acquisition strategy, and an expanding high-quality portfolio.
Strategic PartnershipsCTRE announced a SNF portfolio JV in Tennessee with Ensign, PACS, Links and a new operator for $442M at 9.0%, showcasing impressive execution and operator quality.
Bears Say
EarningsRisk is PACS which has yet to file 3Q earnings.
Financial PerformancePotential risk to PACS rent coverage is seen, particularly with new acquisitions, if billing policies change relative to expected underwriting.
Market OutlookPACS represented a large portion of '24 deal volume, and future deal volume is seen as harder to sustain with increasing competition.
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Ownership Overview
0.48% Insiders
22.51% Mutual Funds
12.29% Other Institutional Investors
33.87% 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 42 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 $0.289 which represents an annual dividend yield of 4.2%. 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 19M.
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CareTrust REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$34.00 (23.91% Upside)
$34.00 (23.91% Upside)
Blogger Sentiment
Bullish
CTRE Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 57.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.56%
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
$34.00
▲(23.91% Upside)
Technical Analysis
Sabra Healthcare REIT
―
Omega Healthcare
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National Health Investors
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LTC Properties
―
Best Analysts Covering CTRE
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+15.26%
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 +15.26% per trade.
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