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CareTrust REIT, Inc. (CTRE)

Stock Price: $24.32 USD 0.22 (0.91%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $24.28 -0.04 (-0.16%) Jul 23, 7:05 PM
Market Cap 2.35B
Revenue (ttm) 179.74M
Net Income (ttm) 82.03M
Shares Out 95.38M
EPS (ttm) 0.86
PE Ratio 28.34
Forward PE n/a
Dividend $1.02
Dividend Yield 4.17%
Trading Day July 23
Last Price $24.32
Previous Close $24.10
Change ($) 0.22
Change (%) 0.91%
Day's Open 24.30
Day's Range 24.05 - 24.35
Day's Volume 255,563
52-Week Range 15.89 - 24.57

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This REIT could have quite a bit of growth potential in the coming years.

Other stocks mentioned: BKD, ENSG
3 weeks ago - The Motley Fool

SAN CLEMENTE, Calif., June 16, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.265 per c...

1 month ago - GlobeNewsWire

SAN CLEMENTE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT...

1 month ago - GlobeNewsWire

SAN CLEMENTE, Calif., June 03, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) (“CareTrust REIT”) announced today that its wholly owned subsidiaries CTR Partnership, L.P. and a corporate co...

1 month ago - GlobeNewsWire

SAN CLEMENTE, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) confirmed today that it has approved a request from longtime tenant Five Oaks Healthcare, L.L.C. to transfer t...

1 month ago - GlobeNewsWire

SAN CLEMENTE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) (“CareTrust REIT”) announced today that its wholly owned subsidiaries CTR Partnership, L.P. and a corporate co...

1 month ago - GlobeNewsWire

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0.00% and 2.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET

2 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired El Centro Post-Acute Center, a 123-bed skilled nursing facility located adjacen...

2 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its first quarter 2021 financial results after the U.S. markets close...

2 months ago - GlobeNewsWire

Dividend-paying stocks generate regular income that can increase over time and serve a number of purposes.

Other stocks mentioned: BSRR, FNF, IPG, JHG, MGP
2 months ago - Zacks Investment Research

Investment company UMA Financial Services, Inc. (Current Portfolio) buys BTC iShares MSCI EAFE Value ETF, The Energy Select Sector SPDR Fund, Co-Diagnostics Inc, Bank of America Corp, iShares 0-5 Year T...

Other stocks mentioned: EFV, LULU, NVDA, SIL, STIP, XLE
3 months ago - GuruFocus

A stable business that pays a sustainable dividend can make for the ideal buy-and-hold investment.

Other stocks mentioned: KHC
3 months ago - The Motley Fool

SAN CLEMENTE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.25 ...

4 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has acquired Buena Vista Care Center, a 150-bed skilled nursing facility in the exclus...

4 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it purchased four California continuing care retirement communities (CCRCs) in the upscal...

4 months ago - GlobeNewsWire

The one-two punch of compounding and an appropriate time horizon can help investors generate long-term wealth.

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4 months ago - The Motley Fool

These three companies have just one thing in common: the potential to offer a windfall for stockholders.

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4 months ago - The Motley Fool

Income investors should consider these three high-yield dividend stocks that the market is overlooking right now.

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5 months ago - The Motley Fool

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0.00% and 0.53%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Conference Call Scheduled for Thursday, February 11, 2021 at 1:00 pm ET Conference Call Scheduled for Thursday, February 11, 2021 at 1:00 pm ET

5 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that David Sedgwick, CareTrust's Chief Operating Officer and one of t...

5 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that noted real estate and healthcare attorney James Callister has joined the Company as Genera...

5 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., Feb. 05, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its fourth quarter and full year 2020 financial results after the U.S....

5 months ago - GlobeNewsWire

It's a surprising choice that's easy to overlook. But it's been a winner since going public, and has a massive trend in its favor.

5 months ago - The Motley Fool

Not all stocks in the tech-heavy Nasdaq have done well.

Other stocks mentioned: LAMR, MAR, PLAY, WYNN
5 months ago - The Motley Fool

SAN CLEMENTE, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) reported today the tax status of its 2020 dividends paid to shareholders. Details on the classifications of the...

5 months ago - GlobeNewsWire

Covid has negatively impacted the Healthcare industry. CareTrust is a high-quality net lease operator with high-quality tenants.

6 months ago - Seeking Alpha

SAN CLEMENTE, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.25 per co...

7 months ago - GlobeNewsWire

CareTrust REIT shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81. The post Stocks Showing Improving Market Leadership: CareTrust REIT Earns 81 RS Ratin...

7 months ago - Investors Business Daily

CareTrust is a relatively smaller healthcare REIT that has maintained steady performance and raised its dividend this year. Management recently boosted guidance for the full year, and the deal pipeline ...

7 months ago - Seeking Alpha

In trading on Wednesday, shares of CareTrust REIT were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day.

7 months ago - Forbes

Your average American is probably only familiar with one of these names.

Other stocks mentioned: CLF, PINS, SE, SKT
7 months ago - The Motley Fool

SAN CLEMENTE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has extended a $15 million secured mezzanine loan to Next Healthcare, Inc. in connectio...

7 months ago - GlobeNewsWire

SAN CLEMENTE, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired four post-acute care facilities in the Dallas-Ft. Worth area in an off-market ...

8 months ago - GlobeNewsWire

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 3.03% and 7.15%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Conference Call Scheduled for Friday, November 6, 2020 at 2:00 pm ET Conference Call Scheduled for Friday, November 6, 2020 at 2:00 pm ET

8 months ago - GlobeNewsWire

REITs from sectors like healthcare, infrastructure and industrial will benefit in coming years if Biden is elected the next U.S. President. The post 4 REITs to Buy For A Post-Election Biden Victory Bump...

Other stocks mentioned: AMT, BEP, FR
8 months ago - InvestorPlace

SAN CLEMENTE, Calif., Oct. 30, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its third quarter 2020 financial results after the U.S. markets close ...

8 months ago - GlobeNewsWire

In light of the coronavirus pandemic accelerating demand in life sciences real estate, five health care REITs with good dividend yields and low debt-to-Ebitda ratios are Community Healthcare Trust Inc. ...

Other stocks mentioned: CHCT, DOC, HR, NHI
9 months ago - GuruFocus

A weekly summary of dividend activity for Dividend Challengers.

Other stocks mentioned: A, AEE, AGM, ALLE, AVB, BAM, BGS ...
9 months ago - Seeking Alpha

Senior housing operators have experienced significant losses this year due to COVID-19 as well as the corresponding recession.

Other stocks mentioned: CURE, DHC, DOC, FHLC, HCA, HTA, IXJ ...
9 months ago - Seeking Alpha

CareTrust REIT: An 11% Total Return Potential

10 months ago - Seeking Alpha

SAN CLEMENTE, Calif., Sept. 15, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.25 per...

10 months ago - GlobeNewsWire

From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.

Other stocks mentioned: CTBI, WSBF
10 months ago - Zacks Investment Research

SAN CLEMENTE, Calif., Sept. 02, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired two Montana skilled nursing facilities in an off-market transaction. Apple ...

10 months ago - GlobeNewsWire

CareTrust REIT's (CTRE) CEO Greg Stapley on Q2 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

SAN CLEMENTE, Calif., Aug. 03, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its second quarter 2020 financial results after the U.S. markets clo...

11 months ago - GlobeNewsWire

CareTrust REIT (CTRE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 year ago - Zacks Investment Research

They're all performing well amid the coronavirus pandemic and should protect your portfolio while the U.S. economy is in a serious downturn.

Other stocks mentioned: NEE, NFLX
1 year ago - The Motley Fool

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.

Industry
REIT-Healthcare Facilities
CEO
Gregory Stapley
Employees
15
Stock Exchange
NASDAQ
Ticker Symbol
CTRE
Full Company Profile

Financial Performance

In 2020, CareTrust REIT's revenue was $178.33 million, an increase of 9.14% compared to the previous year's $163.40 million. Earnings were $80.87 million, an increase of 74.44%.

Financial Statements

Analyst Forecasts

According to 10 analysts, the average rating for CareTrust REIT stock is "Buy." The 12-month stock price forecast is 25.95, which is an increase of 6.70% from the latest price.

Price Target
$25.95
(6.70% upside)
Analyst Consensus: Buy