CareTrust REIT, Inc. (CTRE)
NYSE: CTRE · Real-Time Price · USD
28.66
+0.25 (0.88%)
Apr 16, 2025, 4:00 PM EDT - Market closed

CareTrust REIT Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for CareTrust REIT stock have an average target of 30.86, with a low estimate of 26 and a high estimate of 34. The average target predicts an increase of 7.68% from the current stock price of 28.66.

Analyst Consensus: Buy
Target Low Average Median High
Price $26 $30.86 $32 $34
Change -9.28% +7.68% +11.65% +18.63%
* Price targets were last updated on Mar 14, 2025.

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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 000000
Buy 433344
Hold 332222
Sell 001111
Strong Sell 000000
Total 766677

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Sell
Reiterates
$26
Sell Reiterates $26 -9.28% Mar 14, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$34$31
Buy Maintains $34$31 +8.16% Mar 10, 2025
RBC Capital
RBC Capital
Buy
Maintains
$37$32
Buy Maintains $37$32 +11.65% Feb 21, 2025
Wedbush
Wedbush
Sell
Downgrades
$34$26
Sell Downgrades $34$26 -9.28% Jan 2, 2025
BMO Capital
BMO Capital
Hold
Downgrades
$34$32
Hold Downgrades $34$32 +11.65% Dec 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
347.26M
from 296.29M
Increased by 17.20%
Revenue Next Year
406.10M
from 347.26M
Increased by 16.94%
EPS This Year
1.44
from 0.80
Increased by 79.77%
EPS Next Year
1.60
from 1.44
Increased by 10.92%
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
178.33M192.35M196.13M217.77M296.29M347.26M406.10M468.18M
Revenue Growth
9.14%7.86%1.97%11.03%36.06%17.20%16.94%15.29%
EPS
0.850.74-0.080.500.801.441.601.69
EPS Growth
72.72%-12.56%--60.00%79.77%10.92%6.14%
Forward PE
-----19.9317.9716.93
No. Analysts -----873
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 460.0M 534.9M 482.0M
Avg 347.3M 406.1M 468.2M
Low 248.4M 256.0M 449.8M

Revenue Growth

Revenue Growth 202520262027
High
55.3%
54.0%
18.7%
Avg
17.2%
16.9%
15.3%
Low
-16.2%
-26.3%
10.8%

EPS Forecast

EPS 202520262027
High 1.55 1.77 1.74
Avg 1.44 1.60 1.69
Low 1.31 1.41 1.63

EPS Growth

EPS Growth 202520262027
High
94.3%
23.4%
9.3%
Avg
79.8%
10.9%
6.1%
Low
64.2%
-1.9%
2.0%
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.