CareTrust REIT, Inc. (CTRE)

NYSE: CTRE · IEX Real-Time Price · USD
19.75
+0.40 (2.07%)
Jun 2, 2023, 4:00 PM EDT - Market closed
2.07%
Market Cap 1.96B
Revenue (ttm) 200.26M
Net Income (ttm) 54.99M
Shares Out 99.48M
EPS (ttm) 0.56
PE Ratio 35.27
Forward PE 12.97
Dividend $1.12 (5.67%)
Ex-Dividend Date Mar 30, 2023
Volume 630,970
Open 19.64
Previous Close 19.35
Day's Range 19.41 - 19.98
52-Week Range 16.22 - 22.46
Beta 1.15
Analysts Buy
Price Target 21.17 (+7.19%)
Earnings Date May 10, 2023

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]

Sector Real Estate
CEO David M. Sedgwick
Employees 15
Stock Exchange NYSE
Ticker Symbol CTRE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CTRE stock is "Buy." The 12-month stock price forecast is $21.17, which is an increase of 7.19% from the latest price.

Price Target
$21.17
(7.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

20 hours ago - Business Wire

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...

20 hours ago - Business Wire

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...

20 hours ago - Business Wire
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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...

3 weeks ago - Business Wire

CareTrust REIT Sets First Quarter Earnings Call for Thursday, May 11, 2023

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets First Quarter Earnings Call for Thursday, May 11, 2023.

1 month ago - Business Wire

CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan ...

1 month ago - Business Wire

CareTrust REIT Grows in Georgia with New Operator Relationship

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The ac...

1 month ago - Business Wire

CareTrust REIT Grows in Texas and Expands into Kansas with New Operator

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility locat...

2 months ago - Business Wire
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CareTrust REIT Raises Quarterly Dividend to $0.28 per Share

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.275 to $0.28 per comm...

2 months ago - Business Wire

CareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events.

4 months ago - Business Wire

CareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 10, 2023

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its fourth quarter and full year 2022 financial results after the U.S. markets close on...

4 months ago - Business Wire

CareTrust REIT, Inc. Announces Tax Treatment of 2022 Dividends

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) reported today the tax status of its 2022 dividends paid to shareholders. Details on the classifications of the dividends are ...

4 months ago - Business Wire

CareTrust REIT Completes Sale of Virginia Senior Housing Facilities

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of five seniors housing facilities in Virginia for a purchase price of $13 mill...

5 months ago - Business Wire
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CareTrust REIT, Inc. Announces Renewal and Extension of Unsecured Revolver

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) announced today that it has renewed its unsecured revolving credit facility and extended the maturity date to February 2027.

5 months ago - Business Wire

CareTrust REIT Announces Quarterly Dividend of $0.275 per Share

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.275 per common share. Th...

6 months ago - Business Wire

CareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment Officer

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as o...

6 months ago - Business Wire

CareTrust REIT Announces Third Quarter 2022 Operating Results

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended September 30, 2022, as well as other recent events.

7 months ago - Business Wire

CareTrust REIT Completes Sale of Ohio Skilled Nursing Facilities

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of seven skilled nursing facilities in Ohio for a purchase price of $52 million. ...

8 months ago - Business Wire

CareTrust REIT Invests in Secured Loan Financing on Southeast SNFs

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $24.9 million B-piece secured financing on a 4-asset skilled nursing portfolio located in t...

9 months ago - Business Wire

CareTrust REIT Announces Second Quarter 2022 Operating Results

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2022 Operating Results

10 months ago - Business Wire

CareTrust REIT Provides Secured Loan on California Skilled Nursing Facilities

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $22,250,000 “B” piece secured loan in connection with the acquisition of a 5-asset skille...

10 months ago - Business Wire

CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 5, 2022

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 5, 2022

11 months ago - Business Wire

CareTrust REIT Promotes James Callister to Executive Vice President

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Promotes James Callister to Executive Vice President.

11 months ago - Business Wire