CareTrust REIT, Inc. (CTRE)
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]
Financial Performance
Financial StatementsAnalyst 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.
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 ...

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...

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.

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 ...

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...

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...

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...

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.

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...

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 ...

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...

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.

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...

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...

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.

CareTrust REIT Sets Third Quarter Earnings Call for Wednesday, November 9, 2022
SAN CLEMENTE, Calif.

CareTrust Announces Environmental Benchmarking Progress and Operational Improvements with Annual Sustainability Report
SAN CLEMENTE, Calif.

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. ...

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...

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

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...

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

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