CareTrust REITCTRE
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
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
2 analyst ratings
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