CareTrust REIT, Inc. (CTRE)

NYSE: CTRE · IEX Real-Time Price · USD
18.31
0.31 (1.72%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap1.78B
Revenue (ttm)193.08M
Net Income (ttm)8.23M
Shares Out97.03M
EPS (ttm)0.08
PE Ratio228.88
Forward PE11.17
Dividend$1.07 (5.84%)
Ex-Dividend DateMar 30, 2022
Volume812,776
Open18.00
Previous Close18.00
Day's Range17.97 - 18.47
52-Week Range15.90 - 24.58
Beta1.21
AnalystsBuy
Price Target21.76 (+18.8%)
Earnings DateMay 5, 2022

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.

IndustryEquity Real Estate Investment Trusts (REITs)
CEOGregory Stapley
Employees16
Stock ExchangeNYSE
Ticker SymbolCTRE
Full Company Profile

Financial Performance

In 2021, CareTrust REIT's revenue was $192.35 million, an increase of 7.86% compared to the previous year's $178.33 million. Earnings were $71.98 million, a decrease of -10.99%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CTRE stock is "Buy." The 12-month stock price forecast is 21.76, which is an increase of 18.84% from the latest price.

Price Target
$21.76
(18.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CareTrust REIT Completes Listing Transfer to the New York Stock Exchange

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that CareT...

Other symbols:ICE
2 days ago - Business Wire

CareTrust REIT Announces Transfer to the New York Stock Exchange

SAN CLEMENTE, Calif., May 10, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq:CTRE) today announced the pending transfer of its common stock from the Nasdaq Global Select Market (“Nasdaq”) to the ...

2 weeks ago - GlobeNewsWire

CareTrust REIT (CTRE) Meets Q1 FFO Estimates

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0% and 3.84%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

CareTrust REIT Announces First Quarter 2022 Operating Results

Conference Call Scheduled for Friday, May 6, 2022 at 1:00 pm ET Conference Call Scheduled for Friday, May 6, 2022 at 1:00 pm ET

2 weeks ago - GlobeNewsWire

3 Dividend Stocks That Recently Hiked Their Payouts

Should investors rely on these stocks to continue raising their payouts in the future?

Other symbols:CVESO
2 weeks ago - The Motley Fool

CareTrust REIT Announces Election of New Directors

SAN CLEMENTE, Calif., May 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (Nasdaq:CTRE) today announced that Careina D. Williams and Anne Olson have been elected as directors...

3 weeks ago - GlobeNewsWire

CareTrust REIT Sets First Quarter Earnings Call for Friday, May 6, 2022

SAN CLEMENTE, Calif., April 29, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its first quarter 2022 financial results after the U.S. markets close...

3 weeks ago - GlobeNewsWire

Want $300 in Dividends Every Month? Invest This Amount in These 3 Stocks

Investing $71,100 across these stocks would generate $300 each month for your portfolio.

Other symbols:CENB
1 month ago - The Motley Fool

CareTrust REIT Announces Appointment of New Director

SAN CLEMENTE, Calif., March 16, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (Nasdaq:CTRE) today announced that Allen C. Barbieri has retired as a member of its Board of Direc...

2 months ago - GlobeNewsWire

CareTrust REIT Raises Quarterly Dividend to $0.275 per Share

SAN CLEMENTE, Calif., March 15, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.265...

2 months ago - GlobeNewsWire

CareTrust REIT Grows in Illinois

SAN CLEMENTE, Calif., March 03, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it has acquired a skilled nursing campus in Decatur, Illinois. The Imboden Creek Living C...

2 months ago - GlobeNewsWire

Want $3,500 in Annual Income? Invest $75,000 in These 3 Stocks

In three years, that would mean more than $10,000 just in dividends.

Other symbols:AQNUL
3 months ago - The Motley Fool

CareTrust REIT (CTRE) Q4 FFO Match Estimates

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0% and 1.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

CareTrust REIT Announces Fourth Quarter & Full Year 2021 Operating Results

Conference Call Scheduled for Thursday, February 17, 2022 at 1:00 pm ET Conference Call Scheduled for Thursday, February 17, 2022 at 1:00 pm ET

3 months ago - GlobeNewsWire

CareTrust REIT Sets Fourth Quarter Earnings Call for Thursday, February 17, 2022

SAN CLEMENTE, Calif., Feb. 10, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its fourth quarter and full year 2021 financial results after the U.S....

3 months ago - GlobeNewsWire

CareTrust Expands Skilled Nursing Portfolio in Texas

SAN CLEMENTE, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today announced the acquisition of Ennis Care Center in the Dallas-Fort Worth Metroplex. The 155-bed skilled n...

3 months ago - GlobeNewsWire

2 Healthcare REITs to Put on Your Radar in 2022

Healthcare is a long-term growth market, and here are two excellent ways to play it.

Other symbols:PEAK
3 months ago - The Motley Fool

CareTrust REIT, Inc. Announces Tax Treatment of 2021 Dividends

SAN CLEMENTE, Calif., Jan. 24, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) reported today the tax status of its 2021 dividends paid to shareholders. Details on the classifications of the...

4 months ago - GlobeNewsWire

7 REITs to Buy for January 2022

These seven REITs offer investors an opportunity to navigate the choppy waters of inflation. They deserve attention from long-term investors.

4 months ago - InvestorPlace

CareTrust REIT Announces Quarterly Dividend of $0.265 per Share

SAN CLEMENTE, Calif., Dec. 15, 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...

5 months ago - GlobeNewsWire

CareTrust REIT Announces David Sedgwick to Succeed Greg Stapley as Chief Executive Officer

SAN CLEMENTE, Calif., Dec. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (Nasdaq:CTRE) today announced the appointment of David Sedgwick as Chief Executive Officer, to be e...

5 months ago - GlobeNewsWire

This Healthcare Stock Could Be a Winner For Decades to Come

Favorable demographic trends and good management can be a winning combination.

5 months ago - The Motley Fool

CareTrust REIT (CTRE) Meets Q3 FFO Estimates

CareTrust REIT (CTRE) delivered FFO and revenue surprises of 0.00% and 0.01%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

CareTrust REIT Announces Third Quarter 2021 Operating Results

Conference Call Scheduled for Monday, November 8, 2021 at 2:00 pm ET Conference Call Scheduled for Monday, November 8, 2021 at 2:00 pm ET

6 months ago - GlobeNewsWire

CareTrust REIT Sets Third Quarter Earnings Call for Monday, November 8, 2021

SAN CLEMENTE, Calif., Nov. 01, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its third quarter 2021 financial results before the U.S. markets open ...

6 months ago - GlobeNewsWire