CareTrust REIT, Inc. (CTRE)
| Market Cap | 5.40B |
| Revenue (ttm) | 296.29M |
| Net Income (ttm) | 124.64M |
| Shares Out | 187.66M |
| EPS (ttm) | 0.80 |
| PE Ratio | 35.93 |
| Forward PE | 20.21 |
| Dividend | $1.34 (4.66%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 193,676 |
| Open | 29.01 |
| Previous Close | 29.00 |
| Day's Range | 28.66 - 29.07 |
| 52-Week Range | 23.26 - 33.15 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 30.86 (+7.32%) |
| 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 7.32% from the latest price.
News
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
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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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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.
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
I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance divi...
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,...
CareTrust REIT Doubles Size of Unsecured Revolver to $1.2 Billion; Announces Agency Upgrade of Bond to Investment Grade; Updates Investment Pipeline
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Doubles Size of Unsecured Revolver to $1.2 Billion; Announces Agency Upgrade of Bond to Investment Grade; Updates Investment Pipeline.
CareTrust REIT: An Acquisition Titan That's Still A Buy For Long-Term Investors
CareTrust REIT remains a buy due to strong fundamentals, impressive acquisitions, and a recent price pullback, offering long-term growth potential. The REIT's acquisition spree, totaling nearly $1 bil...
CareTrust REIT Announces Quarterly Dividend of $0.29 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.29 per Share.
CareTrust REIT Acquires Midwest Skilled Nursing Portfolio for Approximately $97 Million; Announces Phase 1 Closing of Tennessee Acquisition
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 46-facility, 3,820-bed/unit skilled nursing and seniors housing portfolio located in the ...