CareTrust REIT, Inc. (CTRE)
| Market Cap | 3.10B |
| Revenue (ttm) | 217.77M |
| Net Income (ttm) | 53.74M |
| Shares Out | 130.50M |
| EPS (ttm) | 0.50 |
| PE Ratio | 47.48 |
| Forward PE | 22.34 |
| Dividend | $1.16 (4.89%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 600,996 |
| Open | 23.50 |
| Previous Close | 23.52 |
| Day's Range | 23.40 - 23.74 |
| 52-Week Range | 18.18 - 24.62 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 23.67 (-0.29%) |
| Earnings Date | May 8, 2024 |
About CTRE
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CTRE stock is "Buy." The 12-month stock price forecast is $23.67, which is a decrease of -0.29% from the latest price.
News
CareTrust REIT Achieves ISS ESG “Prime” Status for 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Achieves ISS ESG “Prime” Status for 2024.
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...
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.
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...
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.
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...
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...
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.
CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. Announces Tax Treatment of 2023 Dividends.
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...
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.
CareTrust REIT Announces Third Quarter 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Third Quarter 2023 Operating Results.
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.
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...
CareTrust REIT Announces Second Quarter 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2023 Operating Results.
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.
CareTrust REIT Funds Mortgage Financing on Southeast SNFs; 96% of Year-to-Date $215.4 Million Investments Funded with Equity
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $15.7 million mortgage loan on a 2-asset, 115-bed skilled nursing portfolio located in the ...
CareTrust REIT Closes $45 Million of Investments in Skilled Nursing and Seniors Housing Facilities
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it recently closed two separate transactions on the West Coast with an aggregate initial investment amount ...
Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.
Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...
CareTrust REIT Issues New Investor Presentation for NAREIT's REITweek 2023 Conference
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2023 Conference.
CareTrust REIT Adds New Operator in West Coast Portfolio Acquisition
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of ...
CareTrust REIT Acquires Two Memory Care Facilities with Experienced Operator
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 105-unit, two-facility memory care portfolio with facilities located in Ohio and Michigan...
CareTrust Expands in Texas with New Operator Relationship
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 125-bed skilled nursing facility located in the greater Houston metropolitan area. The fa...
CareTrust REIT Announces First Quarter 2023 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2023, as well as other recent events. For the quarter, CareTrus...