CareTrust REITCTRE
CTRE
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 7,372 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
248% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 58
94% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 35
8% more funds holding
Funds holding: 346 [Q3] → 372 (+26) [Q4]
7% less capital invested
Capital invested by funds: $5.26B [Q3] → $4.89B (-$369M) [Q4]
14.0% less ownership
Funds ownership: 110.4% [Q3] → 96.4% (-14.0%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
94% less call options, than puts
Call options by funds: $452K | Put options by funds: $7.05M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
6%
downside
Avg. target
$30
7%
upside
High target
$32
16%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Wells Fargo John Kilichowski 43% 1-year accuracy 6 / 14 met price target | 12%upside $31 | Overweight Maintained | 10 Mar 2025 |
RBC Capital Michael Carroll 62% 1-year accuracy 13 / 21 met price target | 16%upside $32 | Outperform Maintained | 21 Feb 2025 |
Wedbush Richard Anderson 71% 1-year accuracy 24 / 34 met price target | 6%downside $26 | Underperform Downgraded | 2 Jan 2025 |
Financial journalist opinion
Based on 11 articles about CTRE published over the past 30 days
Neutral
Business Wire
3 days ago
CareTrust REIT, Inc. Announces $817 Million Recommended Cash Acquisition of Care REIT plc
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust”) announced today that it has reached an agreement with the board of directors of Care REIT plc (LON: CRT) (“Care REIT”) on the terms of a recommended cash offer to be made for the acquisition of Care REIT1 by CR United Bidco Ltd ("Bidco"), a wholly-owned subsidiary of CareTrust (the "Acquisition"). CareTrust has agreed to pay 108 pence in cash per ordinary share of Care REIT. Based on the Sterling to Dollar ex.
Neutral
Seeking Alpha
5 days ago
8 Stocks And 1 ETF I'm Buying As Trade Wars Roil The Market
Free trade benefits economies by allowing market participants to voluntarily exchange goods and services, leading to higher living standards and economic growth. Tariffs increase costs for consumers and businesses, reduce real consumption capacity, and can lead to job losses in industries reliant on imported inputs. The affluent drive the US economy, with the top 10% of earners accounting for 50% of total spending, making the economy vulnerable to drawdowns in asset prices.
Positive
Market Watch
1 week ago
10 dividend stocks for investors who also want growth
These companies have attractive dividend yields, and analysts expect them to show high growth rates for revenue and profits through 2026.
Positive
Seeking Alpha
1 week ago
7 Stocks I'm Buying As The U.S. Economy Starts To Crack
I emphasize the importance of nonpartisan economic and investment analysis, highlighting how political biases can distort market expectations and investment decisions. Medicaid cuts would likely have little impact on skilled nursing facility REITs, and the current selloff presents a buying opportunity for CareTrust REIT. Single-family rental REITs face challenges from high home prices and mortgage rates, but offer quality rental homes and professional management.
Positive
Seeking Alpha
2 weeks ago
CareTrust REIT: Expected Double-Digit Growth And Recent Pullback Make This Stock A Long-Term Buy
CareTrust REIT's strong balance sheet and double-digit FFO growth in a challenging economy make it a compelling buy for long-term investors. The REIT's impressive acquisition spree and robust pipeline position it for continued growth, despite macroeconomic uncertainties and high interest rates. With no debt maturing for the next 3 years and a well-covered dividend yield over 4%, CTRE offers significant upside potential.
Positive
Seeking Alpha
2 weeks ago
8 Stocks I'm Buying Amid A Market Rotation Toward Dividend Stocks
The market is rotating towards non-tech dividend stocks, with dividend ETFs outperforming the Magnificent 7 so far this year. Elon Musk's DOGE initiative is more political theater than a serious effort, in my opinion, to reduce government waste, with exaggerated savings claims. Key economic metrics to monitor include housing starts, the Dallas Fed Weekly Economic Index, the Conference Board Coincident Index, total employment, and industrial production.
Neutral
Seeking Alpha
3 weeks ago
Inflation Isn't Dead Yet
US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.
Positive
Seeking Alpha
3 weeks ago
7 Stocks And 1 ETF I'm Buying As Inflation Is Lower Than It Looks
The January 2025 CPI report shows inflation isn't in a sustained rebound, with temporary factors like shelter CPI, wildfires, and bird flu driving higher-than-expected inflation. The labor market shows mixed signals, with private sector hiring slowing but government hiring and residential construction employment remaining strong. Deportations could change this. The stock market appears richly valued across most sectors, not just the top 10 mega-cap names, warranting caution despite some undervalued opportunities.
Neutral
Seeking Alpha
4 weeks ago
CareTrust REIT, Inc. (CTRE) Q4 2024 Earnings Call Transcript
CareTrust REIT, Inc. (NYSE:CTRE ) Q4 2024 Earnings Conference Call February 13, 2025 1:00 PM ET Company Participants Lauren Beale - CAO Dave Sedgwick - President & CEO Bill Wagner - CFO James Callister - CIO Conference Call Participants Wes Golladay - Baird Farrell Granath - Bank of America John Kilichowski - Wells Fargo Austin Wurschmidt - KeyBanc Capital Markets Michael Carroll - RBC Capital Markets Juan Sanabria - BMO Capital Markets. Rich Anderson - Wedbush Omotayo Okusanya - Deutsche Bank Operator Thank you for standing by.
Positive
Zacks Investment Research
4 weeks ago
CareTrust REIT (CTRE) Matches Q4 FFO Estimates
CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.40 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.36 per share a year ago.
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