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 12.80% from the current stock price of 27.19.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$26	$30.67	$32	$34
Change	-4.38%	+12.80%	+17.69%	+25.05%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	0	0	0	0
Buy	2	2	4	4	3	3
Hold	4	4	3	3	3	2
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Anderson Wedbush	Wedbush	Hold → Sell Downgrades $34 → $26	Hold → Sell	Downgrades	$34 → $26	-4.38%	Jan 2, 2025
Juan Sanabria BMO Capital	BMO Capital	Buy → Hold Downgrades $34 → $32	Buy → Hold	Downgrades	$34 → $32	+17.69%	Dec 9, 2024
Austin Wurschmidt Keybanc	Keybanc	Buy Maintains $27 → $34	Buy	Maintains	$27 → $34	+25.05%	Oct 7, 2024
Juan Sanabria BMO Capital	BMO Capital	Buy Maintains $33 → $34	Buy	Maintains	$33 → $34	+25.05%	Oct 7, 2024
James Feldman Wells Fargo	Wells Fargo	Hold → Buy Upgrades $28 → $34	Hold → Buy	Upgrades	$28 → $34	+25.05%	Oct 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

250.99M

Revenue Next Year

329.25M

from 250.99M

31.18%

from 250.99M

EPS This Year

0.85

from 0.50

70.34%

from 0.50

EPS Next Year

1.38

from 0.85

61.48%

from 0.85

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	250.99M	329.25M	400.35M
Revenue Growth	4.12%	9.14%	7.86%	1.97%	11.03%	-	31.18%	21.59%
EPS	0.49	0.85	0.74	-0.08	0.50	0.85	1.38	1.48
EPS Growth	-31.94%	72.72%	-12.56%	-	-	70.34%	61.48%	7.29%
Forward PE	-	-	-	-	-	31.92	19.77	18.43
No. Analysts	-	-	-	-	-	9	9	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	311.1M	448.3M	549.6M
Avg	251.0M	329.3M	400.4M
Low	219.1M	229.6M	235.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	78.6%	66.9%
Avg	-	31.2%	21.6%
Low	-	-8.5%	-28.6%

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.