CareTrust REIT, Inc. (CTRE)
NYSE: CTRE · Real-Time Price · USD
30.83
+0.17 (0.55%)
Nov 21, 2024, 11:49 AM EST - Market open
CareTrust REIT Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CareTrust REIT stock have an average target of 29.86, with a low estimate of 23 and a high estimate of 34. The average target predicts a decrease of -3.15% from the current stock price of 30.83.
Analyst Consensus: Buy
* Price targets were last updated on Oct 7, 2024.
Analyst Ratings
The average analyst rating for CareTrust REIT stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 4 | 4 |
| Hold | 3 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $27 → $34 | Buy | Maintains | $27 → $34 | +10.28% | Oct 7, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +10.28% | Oct 7, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $28 → $34 | Hold → Buy | Upgrades | $28 → $34 | +10.28% | Oct 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $27 → $31 | Buy | Maintains | $27 → $31 | +0.55% | Aug 22, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $23 → $27 | Hold | Maintains | $23 → $27 | -12.42% | Jul 1, 2024 |
Financial Forecast
Revenue This Year
227.59M
Revenue Next Year
255.33M
from 227.59M
Increased by 12.19%
EPS This Year
0.92
from 0.50
Increased by 83.19%
EPS Next Year
1.31
from 0.92
Increased by 42.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 237.5M | 332.2M | 425.5M |
| Avg | 227.6M | 255.3M | 304.7M |
| Low | 216.6M | 223.2M | 220.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 46.0% | 66.6% |
| Avg | - | 12.2% | 19.4% |
| Low | - | -1.9% | -13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.96 | 1.38 | 1.49 |
| Avg | 0.92 | 1.31 | 1.38 |
| Low | 0.85 | 1.20 | 1.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 91.1% | 50.2% | 13.8% |
| Avg | 83.2% | 43.0% | 5.1% |
| Low | 70.5% | 30.5% | -4.2% |
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.