CareTrust REIT, Inc. (CTRE)
| Market Cap | 5.39B |
| Revenue (ttm) | 329.84M |
| Net Income (ttm) | 161.60M |
| Shares Out | 191.69M |
| EPS (ttm) | 0.95 |
| PE Ratio | 29.55 |
| Forward PE | 19.90 |
| Dividend | $1.34 (4.77%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 1,161,888 |
| Open | 28.85 |
| Previous Close | 28.81 |
| Day's Range | 27.81 - 28.97 |
| 52-Week Range | 24.35 - 33.15 |
| Beta | 0.87 |
| Analysts | Buy |
| Price Target | 31.00 (+10.32%) |
| Earnings Date | Jul 31, 2025 |
About CTRE
CareTrust REIT is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties. CareTrust REIT generates revenues primarily by leasing properties to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses. Since its debut as a standalone public company on June 1, 2014, and as of March 31, 2025, CareTrust REIT has expanded its tenant rost... [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 $31.0, which is an increase of 10.32% from the latest price.
News
CareTrust REIT Announces Quarterly Dividend of $0.335 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.335 per Share.
The Best Offense Is A Good Defense: 5 Strong Buys To Combat Volatility
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CareTrust REIT: People Are Getting Older, Investors Could Get Richer
CareTrust REIT is a financially robust REIT focused on senior housing, benefiting from rapid older demographic growth. Recent acquisitions, including Care REIT plc in the UK and skilled nursing homes ...
5 REITs I'm Buying As Housing And Labor Market Downturns Begin
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CareTrust REIT Acquires Pacific Northwest Portfolio for Approximately $146 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that, together with a joint venture partner, it has acquired a portfolio of skill...
CareTrust REIT Positions for Continued Growth with New $500 Million Term Loan and New Hires
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust”) announced today the closing of a new senior unsecured term loan and the hiring of two talented real estate profess...
CareTrust REIT: Don't Let The Earnings Miss Overshadow This Emerging Superstar
CareTrust REIT continues to deliver strong double-digit growth in FFO, FAD, and revenue, driven by strategic acquisitions and portfolio expansion. The company's low leverage, recent credit rating upgr...
CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that Fitch Ratings (“Fitch”) has upgraded the Company's issuer default rating and...
CareTrust REIT to Participate in Nareit's REITweek 2025 Investor Conference
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust”) announced today that management will participate in Nareit's REITweek 2025 Investor Conference June 2-5, 2025, in ...
High Conviction Stocks For Tariff Uncertainty
April's whipsaw market volatility has calmed in May, following the U.S.-China tariff truce. Vulnerabilities persist, however, with the Q1 GDP contraction, Moody's credit downgrade, and a softening hou...
CareTrust REIT Closes Acquisition of Care REIT plc, Enters UK Market
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that it has closed the acquisition of Care REIT plc, a United Kingdom-based healt...
There You Go Again, CareTrust REIT, Another Buying Opportunity Driven By Senior Demand
I reaffirm my prior buy rating for CareTrust REIT, agreeing with today's bullish consensus. Several upside factors drove the rating, including portfolio growth and UK expansion, strong profit margins,...
CareTrust REIT, Inc. (CTRE) Q1 2025 Earnings Conference Call Transcript
CareTrust REIT, Inc. (NYSE:CTRE) Q1 2025 Earnings Conference Call May 2, 2025 1:00 PM ET Company Participants Lauren Beale - Chief Accounting Officer Dave Sedgwick - President & CEO James Callister -...
CareTrust REIT Announces First Quarter 2025 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces First Quarter 2025 Operating Results.
2 Oversold Industrial Powerhouses Long-Term Dividend Investors Should Consider
Prologis and EastGroup Properties are trading below historical averages, presenting a buying opportunity for long-term dividend investors amid market volatility. Both REITs have robust balance sheets,...
CareTrust REIT Sets First Quarter Earnings Call for Friday, May 2, 2025
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets First Quarter Earnings Call for Friday, May 2, 2025.
The State Of REITs: April 2025 Edition
REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%...
CareTrust REIT, Inc. Announces Recommended Cash Acquisition of Care REIT plc Offer is Best and Final
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today its recommended cash offer for the acquisition of Care REIT by CR United Bidco Ltd ("Bidco"), a wholly-owned sub...
8 U.S. REITs Announce Dividend Increases In March
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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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21 Upcoming Dividend Increases To Finish Q1
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