CareTrust REIT, Inc. (CTRE)
NYSE: CTRE · Real-Time Price · USD
24.93
-0.69 (-2.69%)
At close: Feb 21, 2025, 4:00 PM
25.00
+0.07 (0.28%)
After-hours: Feb 21, 2025, 7:22 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 30.83, with a low estimate of 26 and a high estimate of 34. The average target predicts an increase of 23.67% from the current stock price of 24.93.

Analyst Consensus: Hold
Target Low Average Median High
Price $26 $30.83 $32 $34
Change +4.29% +23.67% +28.36% +36.38%

Analyst Ratings

The average analyst rating for CareTrust REIT stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 100000
Buy 244333
Hold 433322
Sell 000011
Strong Sell 000000
Total 777666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$37$32
Buy Maintains $37$32 +28.36% Feb 21, 2025
Wedbush
Wedbush
Sell
Downgrades
$34$26
Sell Downgrades $34$26 +4.29% Jan 2, 2025
BMO Capital
BMO Capital
Hold
Downgrades
$34$32
Hold Downgrades $34$32 +28.36% Dec 9, 2024
Keybanc
Keybanc
Buy
Maintains
$27$34
Buy Maintains $27$34 +36.38% Oct 7, 2024
BMO Capital
BMO Capital
Buy
Maintains
$33$34
Buy Maintains $33$34 +36.38% Oct 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
328.45M
Revenue Next Year
399.50M
from 328.45M
Increased by 21.63%
EPS This Year
1.39
from 0.80
Increased by 74.25%
EPS Next Year
1.49
from 1.39
Increased by 6.65%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
-----328.45M399.50M390.66M
Revenue Growth
9.14%7.86%1.97%11.03%36.05%-21.63%-2.21%
EPS
0.850.74-0.080.500.801.391.491.43
EPS Growth
72.72%-12.56%--60.00%74.25%6.65%-3.95%
Forward PE
-----17.8816.7717.46
No. Analysts -----973
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 448.3M 549.6M 402.2M
Avg 328.5M 399.5M 390.7M
Low 229.6M 235.0M 375.3M

Revenue Growth

Revenue Growth 202520262027
High -
67.3%
0.7%
Avg -
21.6%
-2.2%
Low -
-28.5%
-6.0%

EPS Forecast

EPS 202520262027
High 1.53 1.64 1.47
Avg 1.39 1.49 1.43
Low 1.23 1.30 1.37

EPS Growth

EPS Growth 202520262027
High
91.6%
17.5%
-1.1%
Avg
74.3%
6.6%
-3.9%
Low
54.3%
-6.5%
-7.7%
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.