CareTrust REIT, Inc. (CTRE)
NYSE: CTRE · IEX Real-Time Price · USD
25.21
-0.17 (-0.67%)
May 28, 2024, 4:00 PM EDT - Market closed
CareTrust REIT Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CareTrust REIT stock have an average target of 24, with a low estimate of 23 and a high estimate of 27. The average target predicts a decrease of -4.80% from the current stock price of 25.21.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CareTrust REIT stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $25 → $27 | Buy | Maintains | $25 → $27 | +7.10% | May 9, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $24 | Buy | Maintains | $25 → $24 | -4.80% | Jan 31, 2024 |
| Keybanc | Keybanc | Buy Maintains $22 → $25 | Buy | Maintains | $22 → $25 | -0.83% | Jan 5, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | -8.77% | Nov 27, 2023 |
| Jefferies | Jefferies | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | -8.77% | Sep 20, 2023 |
Financial Forecast
Revenue This Year
222.36M
from 217.77M
Increased by 2.11%
Revenue Next Year
243.56M
from 222.36M
Increased by 9.53%
EPS This Year
1.03
from 0.50
Increased by 105.02%
EPS Next Year
1.13
from 1.03
Increased by 10.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 233.6M | 275.0M | 322.0M |
| Avg | 222.4M | 243.6M | 297.6M |
| Low | 208.5M | 213.9M | 271.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.3% | 23.7% | 32.2% |
| Avg | 2.1% | 9.5% | 22.2% |
| Low | -4.2% | -3.8% | 11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.06 | 1.19 | 1.22 |
| Avg | 1.03 | 1.13 | 1.18 |
| Low | 0.98 | 1.07 | 1.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 112.1% | 15.7% | 7.6% |
| Avg | 105.0% | 10.4% | 4.5% |
| Low | 96.0% | 4.2% | 0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.