Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from CareTrust REIT ( (CTRE) ) is now available.
CareTrust REIT, Inc. has released an updated investor presentation available on their website. The company clarifies that this update is not mandated by securities laws and does not include undisclosed material investor information.
The most recent analyst rating on (CTRE) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on CareTrust REIT stock, see the CTRE Stock Forecast page.
Spark’s Take on CTRE Stock
According to Spark, TipRanks’ AI Analyst, CTRE is a Outperform.
CareTrust REIT demonstrates a strong overall performance, driven by robust financial metrics and strategic acquisitions that enhance growth potential. The company’s earnings call and corporate events further bolster its investment appeal. However, valuation concerns due to a high P/E ratio and potential risks related to Medicaid cuts and tenant performance moderate the overall score.
To see Spark’s full report on CTRE stock, click here.
More about CareTrust REIT
Average Trading Volume: 1,676,492
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.59B
Find detailed analytics on CTRE stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue