CareTrust REIT, Inc. (NASDAQ:CTRE): Commentary On Fundamentals

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Attractive stocks have exceptional fundamentals. In the case of CareTrust REIT, Inc. (NASDAQ:CTRE), there’s is a notable dividend-paying company with a a strong history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on CareTrust REIT here.

Solid track record average dividend payer

In the past couple of years, CTRE has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. Not only did CTRE outperformed its past performance, its growth also exceeded the REITs industry expansion, which generated a 19% earnings growth. This is an optimistic signal for the future.

NASDAQGS:CTRE Income Statement Export February 20th 19
NASDAQGS:CTRE Income Statement Export February 20th 19

CTRE’s high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.

NASDAQGS:CTRE Historical Dividend Yield February 20th 19
NASDAQGS:CTRE Historical Dividend Yield February 20th 19

Next Steps:

For CareTrust REIT, there are three important factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for CTRE’s future growth? Take a look at our free research report of analyst consensus for CTRE’s outlook.
  2. Financial Health: Are CTRE’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CTRE? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.