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CareTrust REIT (CTRE)
NYSE:CTRE
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CTRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.87 - $31.51
Previous Close$30.94
Volume856.68K
Average Volume (3M)1.48M
Market Cap
$4.72B
Enterprise Value$4.95B
Total Cash (Recent Filing)$495.13M
Total Debt (Recent Filing)$671.15M
Price to Earnings (P/E)52.9
Beta0.74
Next Earnings
Nov 07, 2024EPS Estimate
$0.29Next Dividend Ex-Date
Sep 30, 2024Dividend Yield3.68%
Share Statistics
EPS (TTM)0.59
Shares Outstanding154,209,269
10 Day Avg. Volume1,561,130
30 Day Avg. Volume1,482,945
Standard Deviation0.09
R-Squared0.44
Alpha-0.00159
Financial Highlights & Ratios
Price to Book (P/B)2.46
Price to Sales (P/S)22.38
Price to Cash Flow (P/CF)22.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue20.51
Enterprise Value/Gross Profit26.19
Enterprise Value/Ebitda29.49
Forecast
1Y Price Target
$28.60Price Target Upside-6.52% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
CareTrust REIT News
PremiumCompany Announcements
CareTrust REIT Releases Q2 2024 Supplemental Financials
PremiumPre-Earnings
Is CTRE a Buy, Before Earnings?
PremiumCompany Announcements
CareTrust REIT Updates Investor Presentation OnlineBulls Say, Bears Say
Bulls Say
Acquisition ActivityThe highlight of the quarter was the notable acceleration in acquisition activity.
Balance SheetThe company continues to maintain a solid balance sheet and noticeably low leverage.
Liquidity And GrowthCTRE's current liquidity (~$1.0B) is supportive of executing additional deals.
Bears Say
Outlook And ForecastCTRE actually reduced its outlook for 2024 AFFO/sh to between $1.46 and $1.48 after issuing 28.7M shares since 4Q23, making the company overly-equitized.
Tenant Credit RiskPotential tenant credit risk given that a handful of Top 10 tenants still have weak (and in some cases worsening) rent coverage.
Tenant PerformanceA decline in EBITDAR coverage was experienced by two Top 10 tenants – PACS Group and Bayshire Senior Communities.
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Ownership Overview
1.31% Insiders
25.87% Mutual Funds
43.60% Other Institutional Investors
29.22% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CTRE FAQ
What was CareTrust REIT’s price range in the past 12 months?
CareTrust REIT lowest stock price was $19.87 and its highest was $31.51 in the past 12 months.
What is CareTrust REIT’s market cap?
Currently, no data Available
When is CareTrust REIT’s upcoming earnings report date?
CareTrust REIT’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were CareTrust REIT’s earnings last quarter?
CareTrust REIT released its earnings results on Aug 01, 2024. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.258 by -$0.188.
Is CareTrust REIT overvalued?
According to Wall Street analysts CareTrust REIT’s price is currently Overvalued.
Does CareTrust REIT pay dividends?
CareTrust REIT pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 3.68%. See more information on CareTrust REIT dividends here
What is CareTrust REIT’s EPS estimate?
CareTrust REIT’s EPS estimate is $0.29.
How many shares outstanding does CareTrust REIT have?
CareTrust REIT has 154,209,270 shares outstanding.
What happened to CareTrust REIT’s price movement after its last earnings report?
CareTrust REIT reported an EPS of $0.07 in its last earnings report, missing expectations of $0.258. Following the earnings report the stock price went up 0.81%.
Which hedge fund is a major shareholder of CareTrust REIT?
Among the largest hedge funds holding CareTrust REIT’s share is AEW Capital Management, L.P.. It holds CareTrust REIT’s shares valued at 16M.
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CareTrust REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$28.60 (-6.52% Downside)
$28.60 (-6.52% Downside)
Blogger Sentiment
Bullish
CTRE Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 331.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.21%
12-Months-Change
Fundamentals
Return on Equity
5.37%
Trailing 12-Months
Asset Growth
55.37%
Trailing 12-Months
Company Description
CareTrust REIT
CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.
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CTRE Company Deck
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CTRE Earnings Call
Q2 2024
0:00 / 0:00
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CTRE Stock 12 Month Forecast
Average Price Target
$28.60
▼(-6.52% Downside)
Technical Analysis
Best Analysts Covering CTRE
1 Year
1 Year Success Rate
22/26 ratings generated profit
1 Year Average Return
+30.01%
reiterated a buy rating a year ago
Copying Jonathan Hughes's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +30.01% per trade.
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