Summary

25.81 0.39(1.53%)07/05/2024
CareTrust REIT Inc (CTRE)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
1.672.85-1.215.2618.4532.8433.39485.26


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Trading Data
Close25.81
Open25.37
High25.90
Low25.35
Volume701,045
Change0.43
Change %1.67
Avg Volume (20 Days)942,225
Volume/Avg Volume (20 Days) Ratio0.74
52 Week Range19.25 - 26.43
Price vs 52 Week High-2.35%
Price vs 52 Week Low34.08%
Range1.73
Gap Up/Down-0.11
Fundamentals
Market Capitalization (Mln)3,670
EBIDTA195,540,000
PE Ratio46.5849
PEG Ratio1.2600
WallStreet Target Price25.88
Book Value11.8110
Earnings Per Share0.5300
EPS Estimate Current Quarter0.2500
EPS Estimate Next Quarter0.2600
EPS Estimate Current Year1.0300
EPS Estimate Next Year1.1100
Diluted EPS (TTM)0.5300
Revenues
Profit Marging0.2747
Operating Marging (TTM)0.6393
Return on asset (TTM)0.0453
Return on equity (TTM)0.0503
Revenue TTM230,234,000
Revenue per share TTM2.0130
Quarterly Revenue Growth (YOY)0.2460
Quarterly Earnings Growth (YOY)0.1350
Gross Profit (TTM)182,916,000
Dividends
Dividend Share1.1300
Dividend Yield0.0470
Valuations
Trailing PE46.5849
Forward PE12.9702
Price Sales (TTM)0.0000
Price Book (MRQ)2.2543
Revenue Enterprise Value 17.5986
EBITDA Enterprise Value23.9710
Shares
Shares Outstanding142,064,000
Shares Float141,227,510
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.04
Insider (%)0.70
Institutions (%)91.92


06/29 08:15 EST - seekingalpha.com
8 Stocks I'm Buying As A Resurgent Trade War Looms
Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive. The resurgent trade war is expected to have negative impacts on the economy, with potential inflation and job losses.
06/28 12:30 EST - seekingalpha.com
CareTrust REIT: A Growing REIT That Deserves A Spot In Your Portfolio
CareTrust REIT is a strong addition to a portfolio for income generation and growth potential. The company has shown impressive revenue growth and acquisitions, but flat earnings. But earnings are projected to grow at 7.2% going forward. With a strong balance sheet and growth strategy, CareTrust REIT is positioned for further growth and potential upside in share price.
06/23 09:00 EST - seekingalpha.com
Consumer Shows Stress
U.S. equity markets climbed to fresh record-highs this week while benchmark interest rates hovered near two-month lows as the "bad news is good news" dynamic persisted. Investors responded favorably to another relatively downbeat slate of economic data, including soft retail sales, slowing home construction activity, and a rise in unemployment claims to five-month highs. Despite weakness from chip giant Nvidia, the S&P 500 posted its eighth weekly gain in the past nine weeks, advancing 0.3% and notching another series of record-highs during the week.
06/21 11:26 EST - seekingalpha.com
CareTrust REIT: Solid Operational Performance, But I Don't Like The Capital Structure
CareTrust REIT is a Sun Belt-focused triple net lease Healthcare REIT investing primarily in skilled nursing facilities. The company has outperformed broad US REIT benchmarks in 2024, taking its market implied cap rate to 6.1% and FFO multiple to 17.4. With rent indexation, investors are still looking at a high single-digit returns.
06/17 16:31 EST - businesswire.com
CareTrust REIT Announces Quarterly Dividend of $0.29 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.29 per Share.
06/17 07:30 EST - seekingalpha.com
Forget The Fed, These 3 REITs Could Thrive Regardless Of Interest Rate Changes
REITs have crashed due to rising interest rates. But a lot of REITs are doing very well. Here are 3 REITs that could thrive regardless of whether interest rates go up or down.
06/13 08:16 EST - zacks.com
Is the Options Market Predicting a Spike in CareTrust REIT (CTRE) Stock?
Investors need to pay close attention to CareTrust REIT (CTRE) stock based on the movements in the options market lately.
06/06 07:41 EST - zacks.com
New Strong Sell Stocks for June 6th
ADNT, CALB and CTRE have been added to the Zacks Rank #5 (Strong Sell) List on June 6, 2024.
06/04 06:10 EST - businesswire.com
CareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 Million.
06/04 06:08 EST - businesswire.com
CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 Conference
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Issues New Investor Presentation for NAREIT'S REITweek 2024 Conference.
06/03 19:46 EST - businesswire.com
CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded $90 million of a senior mortgage loan in connection with the borrower's acquisition of an 8-facility skilled nursing portfolio located in the Southeastern United States. The portfolio, consisting of 1,011 skilled nursing beds and 150 assisted living beds, has been acquired by an experienced, regional health care real estate owner and operator, which took over operations effective June 1, 2.
06/03 19:26 EST - businesswire.com
CareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 5-facility, 498 licensed bed, skilled nursing portfolio located in the Southeastern United States for a total investment amount of approximately $80.9 million (inclusive of transaction costs). In connection with the acquisition, the company entered into a new triple-net master lease with affiliates of YAD Healthcare, a new operator relationship for the company and an experienced skille.
05/29 09:00 EST - seekingalpha.com
Picking A Winner In Healthcare REITs
Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. population. This article examines growth, balance sheet, dividend, and valuation metrics of 16 Healthcare REITs, to identify the best investment from this sector.
05/05 09:00 EST - seekingalpha.com
The Labor Downshift
U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.
05/03 15:07 EST - seekingalpha.com
CareTrust REIT, Inc. (CTRE) Q1 2024 Earnings Call Transcript
CareTrust REIT, Inc. (NYSE:CTRE ) Q1 2024 Results Conference Call May 3, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer Conference Call Participants Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Michael Carroll - RBC Capital Markets Tayo Okusanya - Deutsche Bank Alec Feygin - Baird Austin Wurschmidt - KeyBanc Capital Markets Joe Dickstein - Jefferies Operator Thank you for standing by. My name is Mark, and I will be your conference operator today.
05/02 20:36 EST - zacks.com
Compared to Estimates, CareTrust REIT (CTRE) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for CareTrust REIT (CTRE) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
05/02 19:31 EST - zacks.com
CareTrust REIT (CTRE) Misses Q1 FFO Estimates
CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.35 per share a year ago.
05/02 16:11 EST - businesswire.com
CareTrust REIT Announces First Quarter 2024 Operating Results
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces First Quarter 2024 Operating Results.
05/01 17:00 EST - businesswire.com
CareTrust REIT Funds Mortgage Financing with Purchase Option on Tennessee Skilled Nursing Facilities; Reports Reloaded Pipeline of $260 Million and Q1 ATM Activity of $273 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $26.7 million mortgage loan in connection with the borrower's acquisition of a 2-asset, skilled nursing portfolio with a total of 276 licensed beds and located in Tennessee. The borrower group under the loan is an experienced, regional health care real estate owner and investor. The facilities will be operated by affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), which took over operat.
04/26 16:05 EST - businesswire.com
CareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets First Quarter Earnings Call for Friday, May 3, 2024.