CareTrust REIT, Inc. (CTRE)
| Market Cap | 5.59B |
| Revenue (ttm) | 329.84M |
| Net Income (ttm) | 161.60M |
| Shares Out | 191.69M |
| EPS (ttm) | 0.95 |
| PE Ratio | 30.08 |
| Forward PE | 19.53 |
| Dividend | $1.34 (4.60%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 872,029 |
| Open | 28.93 |
| Previous Close | 28.60 |
| Day's Range | 28.84 - 29.21 |
| 52-Week Range | 24.35 - 33.15 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 30.86 (+5.76%) |
| Earnings Date | May 1, 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 $30.86, which is an increase of 5.76% from the latest price.
News
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
Since 2000, annual returns of international equities have been better than those of the U.S. only nine times. As concerns grow about the impact of tariffs on the economy and uncertainty looms, market ...
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
This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. A slow March brought mid-single digit percentage dividend ...
21 Upcoming Dividend Increases To Finish Q1
The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding,...
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...
8 Stocks And 1 ETF I'm Buying As Trade Wars Roil The Market
Free trade benefits economies by allowing market participants to voluntarily exchange goods and services, leading to higher living standards and economic growth. Tariffs increase costs for consumers a...
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...
8 Stocks I'm Buying Amid A Market Rotation Toward Dividend Stocks
The market is rotating towards non-tech dividend stocks, with dividend ETFs outperforming the Magnificent 7 so far this year. Elon Musk's DOGE initiative is more political theater than a serious effor...
7 Stocks And 1 ETF I'm Buying As Inflation Is Lower Than It Looks
The January 2025 CPI report shows inflation isn't in a sustained rebound, with temporary factors like shelter CPI, wildfires, and bird flu driving higher-than-expected inflation. The labor market show...
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.