CareTrust REIT, Inc. (CTRE)
| Market Cap | 8.64B +29.8% |
| Revenue (ttm) | 571.43M +53.0% |
| Net Income | 355.56M +61.6% |
| EPS | 1.59 +32.0% |
| Shares Out | 236.29M |
| PE Ratio | 22.92 |
| Forward PE | 22.28 |
| Dividend | $1.56 (4.27%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 2,161,438 |
| Open | 36.75 |
| Previous Close | 36.59 |
| Day's Range | 36.32 - 36.87 |
| 52-Week Range | 33.30 - 43.62 |
| Beta | 0.77 |
| Analysts | Strong Buy |
| Price Target | 43.79 (+19.81%) |
| Est. Earnings | Nov 4, 2026 |
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 portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the US and internationally. CareTrust REIT, Inc. was established in 2013 and was incor... [Read more]
Financial Performance
In 2025, CareTrust REIT's revenue was $476.39 million, an increase of 60.79% compared to the previous year's $296.29 million. Earnings were $320.54 million, an increase of 156.27%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for CTRE stock is "Strong Buy." The 12-month stock price target is $43.79, which is an increase of 19.81% from the latest price.
News
CareTrust REIT initiated with a Neutral at JPMorgan
JPMorgan analyst Michae Mueller initiated coverage of CareTrust REIT (CTRE) with a Neutral rating and $41 price target The firm likes the company’s earnings momentum but says the current backdrop…
CareTrust REIT price target lowered to $44 from $48 at UBS
UBS analyst Michael Goldsmith lowered the firm’s price target on CareTrust REIT (CTRE) to $44 from $48 and keeps a Buy rating on the shares.
CareTrust REIT price target lowered to $42 from $45 at Raymond James
Raymond James lowered the firm’s price target on CareTrust REIT (CTRE) to $42 from $45 and keeps an Outperform rating on the shares. The firm is constructive on the company’s…
CareTrust REIT price target lowered to $45 from $47 at BMO Capital
BMO Capital lowered the firm’s price target on CareTrust REIT (CTRE) to $45 from $47 and keeps an Outperform rating on the shares. The firm is updating its model after…
CareTrust REIT enters pipeline agreement with LNT Care Developments
CareTrust REIT (CTRE) announced that it has entered into a definitive agreement with LNT Care Developments Holdings, a United Kingdom-based care home developer and operator, to acquire 45 new care…
CareTrust Announces Strategic SHOP Pipeline Agreement with LNT Care Developments to Acquire 45 New UK Care Homes for £1.1 Billion
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that it has entered into a definitive agreement with LNT Care Developments Holdings...
CareTrust REIT Transcript: M&A announcement
The approximately $1.4 billion LNT partnership covers 45 U.K. care homes, with 21 development properties scheduled for purchase through 2027. Lease-up income precedes conversion to SHOP, which is expected to lift SHOP NOI mix to 20%.
CareTrust REIT Slides: M&A announcement
CareTrust REIT has posted slides in relation to its latest quarterly earnings report, which was published on September 30, 2026.
CareTrust REIT Press release: M&A announcement
CareTrust REIT issued a press release on September 30, 2026, disclosing material business information to investors.
CareTrust REIT Announces Quarterly Dividend of $0.39 per Share
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.39 per common share. The cur...
CareTrust REIT acquires skilled nursing portfolio for $400M
CareTrust REIT (CTRE) acquired a large portfolio of skilled nursing facilities located in the southwest for a purchase price of $400M, effective September 1. The portfolio comprises 2,622 licensed ski...
CareTrust REIT Acquires Skilled Nursing Portfolio for $400 Million; Announces $600 Million Reloaded Pipeline
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today the acquisition of a large portfolio of skilled nursing facilities located in the s...
CareTrust REIT initiated with an Outperform at Huntington
Huntington initiated coverage of CareTrust REIT (CTRE) with an Outperform rating and $44 price target The company is well positioned to extend its “strong track record of relative outperformance” as…
CareTrust REIT price target lowered to $44 from $47 at Wells Fargo
Wells Fargo lowered the firm’s price target on CareTrust REIT (CTRE) to $44 from $47 and keeps an Overweight rating on the shares. The firm believes REITs will continue to…
CareTrust REIT downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Michael Carroll downgraded CareTrust REIT (CTRE) to Sector Perform from Outperform with a price target of $43, down from $44. The company remains well positioned to deploy…
CareTrust REIT price target raised to $43 from $42 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on CareTrust REIT (CTRE) to $43 from $42 and keeps a Neutral rating on the shares. CareTrust’s measured SHOP strategy prioritizes investment flexibilit...
CareTrust REIT Earnings Call Transcript: Q2 2026
Record Q2 investments and revenues drove a 44% year-over-year FFO increase, with guidance raised for 2026. Liquidity remains strong, and disciplined capital deployment continues across skilled nursing, care homes, and SHOP, supported by robust operator performance.
CareTrust REIT Quarterly report: Q2 2026
CareTrust REIT has published its Q2 2026 quarterly earnings report on August 7, 2026.
CareTrust REIT Earnings release: Q2 2026
CareTrust REIT released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
CareTrust REIT Slides: Q2 2026
CareTrust REIT has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
CareTrust REIT announces recent closing of two transactions totaling $291M
CareTrust REIT (CTRE) announced the recent closing of two transactions totaling $291M of investments encompassing a 16-property care home portfolio in the UK and two senior housing communities in the…
CareTrust REIT reports Q2 normalized FFO 51c, consensus 51c
Reports Q2 revenue $161.348M vs $112.469M last year. “The two transactions highlighted here showcase why our strategic expansion last year into the UK care home market and adding a SHOP…
CareTrust REIT sees FY26 normalized FFO $2.03-$2.06, consensus $2.03
Derek Bunker, CareTrust’s Chief Financial Officer commented, “The midpoints of our new Normalized FFO and Normalized FAD guidance represent increases of 16.2% and 15.1%, respectively, over 2025 result...
CareTrust REIT Announces Second Quarter 2026 Operating Results; Increases 2026 Guidance
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Second Quarter 2026 Operating Results; Increases 2026 Guidance.
CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 7, 2026
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 7, 2026.