CareTrust REIT, Inc. (CTRE)

NYSE: CTRE · IEX Real-Time Price · USD
25.35
+0.21 (0.84%)
At close: Jul 2, 2024, 4:00 PM
25.50
+0.15 (0.59%)
After-hours: Jul 2, 2024, 7:11 PM EDT
0.84%
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]

Sector Real Estate
CEO David M. Sedgwick
Employees 17
Stock Exchange NYSE
Ticker Symbol CTRE
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$24.78
(-2.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

15 days ago - Business Wire

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.

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

CareTrust REIT Announces First Quarter 2024 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces First Quarter 2024 Operating Results.

2 months ago - Business Wire

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...

Other symbols: ENSG
2 months ago - Business Wire

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.

2 months ago - Business Wire

CareTrust REIT Achieves ISS ESG “Prime” Status for 2024

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Achieves ISS ESG “Prime” Status for 2024.

2 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

Other symbols: WELL
4 months ago - CNBC Television

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.

5 months ago - Business Wire

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...

5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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.

5 months ago - Business Wire

CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends.

5 months ago - Business Wire

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...

6 months ago - Business Wire

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.

7 months ago - Business Wire

CareTrust REIT Announces Third Quarter 2023 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Third Quarter 2023 Operating Results.

8 months ago - Business Wire

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.

8 months ago - Business Wire

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...

10 months ago - Business Wire

CareTrust REIT Announces Second Quarter 2023 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2023 Operating Results.

11 months ago - Business Wire

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.

1 year ago - Business Wire