CareTrust REIT, Inc. (CTRE)
| Market Cap | 5.30B |
| Revenue (ttm) | 296.29M |
| Net Income (ttm) | 124.64M |
| Shares Out | 187.66M |
| EPS (ttm) | 0.80 |
| PE Ratio | 35.31 |
| Forward PE | 20.06 |
| Dividend | $1.34 (4.74%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 1,339,874 |
| Open | 28.13 |
| Previous Close | 28.07 |
| Day's Range | 27.93 - 28.46 |
| 52-Week Range | 23.26 - 33.15 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 30.86 (+9.24%) |
| Earnings Date | May 1, 2025 |
About CTRE
CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 24,189 operational beds and units located in 29 states with the highest... [Read more]
Financial Performance
In 2024, CareTrust REIT's revenue was $296.29 million, an increase of 36.05% compared to the previous year's $217.77 million. Earnings were $124.64 million, an increase of 133.68%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CTRE stock is "Buy." The 12-month stock price forecast is $30.86, which is an increase of 9.24% from the latest price.
News
Top REITs To Take On Trump Tariffs: Average Yield Over 5.5%
Equities rallied on Wednesday after Donald Trump announced a 90-day pause on retaliatory tariffs, excluding China. 10-year Treasury yields have increased high amid fears of sticky inflation. The Feder...
CareTrust REIT Announces $55 Million Acquisition of Two California Facilities in Separate Transactions
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two facilities in separate transactions with a total investment amount of approximately $55 m...
Procter & Gamble, Johnson & Johnson Among 10 Companies To Announce Dividend Increases In First Half Of April
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CareTrust REIT: Buy This Ship Before It Sails (Rating Upgrade)
CareTrust REIT, Inc. has shown strong financial performance with robust FFO growth and significant acquisitions, enhancing its investment appeal. CTRE's robust balance sheet, with ultra-low net debt-t...
CareTrust REIT, Inc. Announces $817 Million Recommended Cash Acquisition of Care REIT plc
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust”) announced today that it has reached an agreement with the board of directors of Care REIT plc (LON: CRT) (“Care R...
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CareTrust REIT: Expected Double-Digit Growth And Recent Pullback Make This Stock A Long-Term Buy
CareTrust REIT's strong balance sheet and double-digit FFO growth in a challenging economy make it a compelling buy for long-term investors. The REIT's impressive acquisition spree and robust pipeline...
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CareTrust REIT, Inc. (CTRE) Q4 2024 Earnings Call Transcript
CareTrust REIT, Inc. (NYSE:CTRE) Q4 2024 Earnings Conference Call February 13, 2025 1:00 PM ET Company Participants Lauren Beale - CAO Dave Sedgwick - President & CEO Bill Wagner - CFO James Calliste...
CareTrust REIT Announces Fourth Quarter & Full Year 2024 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Fourth Quarter & Full Year 2024 Operating Results.
CareTrust REIT Sets Fourth Quarter Earnings Call for Thursday, February 13, 2025
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Fourth Quarter Earnings Call for Thursday, February 13, 2025.
10 Stocks I'm Buying As A New Government Takes Power
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CareTrust REIT, Inc. Announces Tax Treatment of 2024 Dividends
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. Announces Tax Treatment of 2024 Dividends.
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CP...
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impac...
CareTrust REIT Announces Phase 2 Closing of Tennessee Acquisition; Brings Annual Investment Total to Approximately $1.5 Billion; Announces Replenished Investment Pipeline of $350 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) has announced that it has closed Phase 2 of the large Tennessee portfolio transaction announced on October 29, 2024 with the acq...
CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions.
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
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10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance,...