CTRE icon

CareTrust REIT

26.73 USD
-0.47
1.73%
At close Jan 17, 4:00 PM EST
After hours
26.73
+0.00
0.00%
1 day
-1.73%
5 days
3.12%
1 month
-6.31%
3 months
-12.82%
6 months
-0.89%
Year to date
0.79%
1 year
22.84%
5 years
25.43%
10 years
138.87%
 

About: CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).

Employees: 17

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

560% more call options, than puts

Call options by funds: $1.24M | Put options by funds: $188K

133% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 27

70% more repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 90

41% more capital invested

Capital invested by funds: $3.72B [Q2] → $5.25B (+$1.54B) [Q3]

10% more funds holding

Funds holding: 315 [Q2] → 345 (+30) [Q3]

6.18% more ownership

Funds ownership: 104.2% [Q2] → 110.37% (+6.18%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$26
3%
downside
Avg. target
$29
8%
upside
High target
$32
20%
upside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
Wedbush
Richard Anderson
53% 1-year accuracy
17 / 32 met price target
3%downside
$26
Underperform
Downgraded
2 Jan 2025
BMO Capital
Juan Sanabria
56% 1-year accuracy
5 / 9 met price target
20%upside
$32
Market Perform
Downgraded
9 Dec 2024

Financial journalist opinion

Based on 9 articles about CTRE published over the past 30 days

Positive
Seeking Alpha
2 days ago
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CPI metrics show, but also what threatens to disrupt the disinflationary trend. A discussion of three books dividend growth investors would benefit from reading. Only one is specifically about dividend growth investing.
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
Neutral
Seeking Alpha
4 days ago
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
Positive
24/7 Wall Street
1 week ago
Raymond James Analysts' Best Picks Could Explode Again in 2025: 4 Red-Hot Dividend Stocks
As the calendar turns to 2025, the leading Wall Street firms are releasing their top stock picks for the new year.
Raymond James Analysts' Best Picks Could Explode Again in 2025: 4 Red-Hot Dividend Stocks
Positive
Seeking Alpha
1 week ago
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impact is profound, influencing inflation, wages, and consumption patterns, with Millennials having a smaller effect at later ages in life. Debating whether dividend growth investors should buy Magnificent 7 stocks, I find GOOGL compelling for its reasonable valuation and growth potential.
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Neutral
Business Wire
2 weeks ago
CareTrust REIT Announces Phase 2 Closing of Tennessee Acquisition; Brings Annual Investment Total to Approximately $1.5 Billion; Announces Replenished Investment Pipeline of $350 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) has announced that it has closed Phase 2 of the large Tennessee portfolio transaction announced on October 29, 2024 with the acquisition last week of an additional thirteen skilled nursing facilities. As anticipated, the second phase of the acquisition was completed through a joint venture arrangement entered into between CareTrust and a large third-party healthcare real estate owner. At closing, CareTrust provided a combin.
CareTrust REIT Announces Phase 2 Closing of Tennessee Acquisition; Brings Annual Investment Total to Approximately $1.5 Billion; Announces Replenished Investment Pipeline of $350 Million
Neutral
Business Wire
2 weeks ago
CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions.
CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions
Positive
Seeking Alpha
3 weeks ago
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance dividend growth, using Schwab US Dividend Equity ETF (SCHD) as a primary vehicle. I've sold high-risk stocks and reinvested in higher-yielding, safer options, but my portfolio is now too weighted towards immediate income.
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
Negative
Zacks Investment Research
3 weeks ago
After Plunging -8.29% in 4 Weeks, Here's Why the Trend Might Reverse for CareTrust REIT (CTRE)
CareTrust REIT (CTRE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
After Plunging -8.29% in 4 Weeks, Here's Why the Trend Might Reverse for CareTrust REIT (CTRE)
Positive
Zacks Investment Research
3 weeks ago
2 Healthcare REIT Stocks to Buy Before Moving Into 2025
Healthcare REIT stocks are expected to benefit from an aging population, rising healthcare expenditure and technological advancements as they head into 2025.
2 Healthcare REIT Stocks to Buy Before Moving Into 2025
Positive
Seeking Alpha
1 month ago
10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.
10 Stocks I'm Buying As REITs Have Never Looked So Good
Charts implemented using Lightweight Charts™