CareTrust REIT, Inc. (CTRE)
NYSE: CTRE · Real-Time Price · USD
27.36
+0.15 (0.55%)
At close: Dec 20, 2024, 4:00 PM
27.50
+0.14 (0.51%)
After-hours: Dec 20, 2024, 7:05 PM EST
CareTrust REIT Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CareTrust REIT stock have an average target of 30.67, with a low estimate of 26 and a high estimate of 34. The average target predicts an increase of 12.10% from the current stock price of 27.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CareTrust REIT stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 0 | 0 | 0 |
| Buy | 3 | 2 | 2 | 4 | 4 | 3 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy → Hold Downgrades $34 → $32 | Buy → Hold | Downgrades | $34 → $32 | +16.96% | Dec 9, 2024 |
| Keybanc | Keybanc | Buy Maintains $27 → $34 | Buy | Maintains | $27 → $34 | +24.27% | Oct 7, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +24.27% | Oct 7, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $28 → $34 | Hold → Buy | Upgrades | $28 → $34 | +24.27% | Oct 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $27 → $31 | Buy | Maintains | $27 → $31 | +13.30% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
240.29M
Revenue Next Year
294.14M
from 240.29M
Increased by 22.41%
EPS This Year
0.85
from 0.50
Increased by 70.34%
EPS Next Year
1.38
from 0.85
Increased by 61.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 311.1M | 448.3M | 549.6M |
| Avg | 240.3M | 294.1M | 353.3M |
| Low | 217.0M | 226.0M | 229.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 86.6% | 86.9% |
| Avg | - | 22.4% | 20.1% |
| Low | - | -5.9% | -21.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.96 | 1.53 | 1.64 |
| Avg | 0.85 | 1.38 | 1.48 |
| Low | 0.77 | 1.21 | 1.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 91.1% | 80.0% | 19.1% |
| Avg | 70.3% | 61.5% | 7.3% |
| Low | 54.8% | 41.5% | -6.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.