CareTrust REIT, Inc. (CTRE)
Market Cap | 3.60B |
Revenue (ttm) | 230.23M |
Net Income (ttm) | 63.25M |
Shares Out | 142.06M |
EPS (ttm) | 0.52 |
PE Ratio | 48.75 |
Forward PE | 23.11 |
Dividend | $1.16 (4.58%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 1,048,169 |
Open | 25.11 |
Previous Close | 25.14 |
Day's Range | 25.07 - 25.48 |
52-Week Range | 19.25 - 26.43 |
Beta | 1.09 |
Analysts | Buy |
Price Target | 24.78 (-2.25%) |
Earnings Date | Aug 1, 2024 |
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
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CTRE stock is "Buy." The 12-month stock price forecast is $24.78, which is a decrease of -2.25% from the latest price.
News
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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.
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CareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 Million.
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CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 Conference
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 Conference.
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CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded $90 million of a senior mortgage loan in connection with the borrower's acquisition of an 8-f...
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CareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 5-facility, 498 licensed bed, skilled nursing portfolio located in the Southeastern Unite...
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CareTrust REIT Announces First Quarter 2024 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces First Quarter 2024 Operating Results.
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CareTrust REIT Funds Mortgage Financing with Purchase Option on Tennessee Skilled Nursing Facilities; Reports Reloaded Pipeline of $260 Million and Q1 ATM Activity of $273 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $26.7 million mortgage loan in connection with the borrower's acquisition of a 2-asset, ski...
![](https://cdn.snapi.dev/images/v1/d/r/conf10-2395205.jpg)
CareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024.
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CareTrust REIT Achieves ISS ESG “Prime” Status for 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Achieves ISS ESG “Prime” Status for 2024.
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CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and S...
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CareTrust REIT Raises Quarterly Dividend to $0.29 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Raises Quarterly Dividend to $0.29 per Share.
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CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction co...
Morgan Stanley's Laurel Durkey talks top opportunities in REITs
Laurel Durkey, Morgan Stanley head of global listed real assets, joins 'The Exchange' to discuss the effects rates are causing on the real estate industry, REITs that cover alternative sectors and mor...
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CareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating Results.
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Northwind Group and Care Trust REIT Provide $105 Million in Mezzanine Loans Secured by 25 Skilled Nursing and Assisted Living Properties in Virginia and Missouri
NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Northwind Group, a real estate private equity firm and debt fund manager, announced today that Northwind Healthcare Debt Fund II led the origination of two mezz...
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CareTrust REIT Provides $52 Million in Mezzanine Financings
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has participated in the origination of over $52 million in mezzanine loans secured by three portfolios o...
![](https://cdn.snapi.dev/images/v1/a/i/conf2-2258493.jpg)
CareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 9, 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 9, 2024.
![](https://cdn.snapi.dev/images/v1/j/f/press1-2241193.jpg)
CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends.
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CareTrust REIT Acquires Southern California Assisted Living Facility in Joint Venture Investment
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired The Villas at San Bernardino, a 78-unit assisted living and memory care facility located in...
![](https://cdn.snapi.dev/images/v1/d/w/press9-2200865.jpg)
CareTrust REIT Announces Quarterly Dividend of $0.28 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.28 per Share.
![](https://cdn.snapi.dev/images/v1/f/b/press16-2151042.jpg)
CareTrust REIT Announces Third Quarter 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Third Quarter 2023 Operating Results.
![](https://cdn.snapi.dev/images/v1/n/e/conf1-2139954.jpg)
CareTrust REIT Sets Third Quarter Earnings Call for Friday, November 10, 2023
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Third Quarter Earnings Call for Friday, November 10, 2023.
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CareTrust REIT Acquires Southern California Skilled Nursing Facility in Joint Venture Investment
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed a joint venture investment to acquire La Fuente Post Acute, a 187-bed skilled nursing faci...
![](https://cdn.snapi.dev/images/v1/l/0/press10-2005915.jpg)
CareTrust REIT Announces Second Quarter 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2023 Operating Results.
![](https://cdn.snapi.dev/images/v1/r/q/conf6-1995380.jpg)
CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 4, 2023
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 4, 2023.