CTRE Stock Overview
CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Community vs My Fair Value
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Critical Real Estate Expansion Anticipates Robust Revenue Growth And Improved Earnings Stability
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CareTrust REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.62 |
| 52 Week High | US$33.15 |
| 52 Week Low | US$22.46 |
| Beta | 1.12 |
| 1 Month Change | -5.77% |
| 3 Month Change | -15.45% |
| 1 Year Change | 11.05% |
| 3 Year Change | 46.48% |
| 5 Year Change | 17.47% |
| Change since IPO | 46.48% |
Recent News & Updates
Recent updates
CareTrust REIT: A Growth And Cashflow Engine Serving A Vital Society Need
Jan 16CareTrust REIT: An Acquisition Titan That's Still A Buy For Long-Term Investors
Dec 18CareTrust REIT: Strong Fundamentals And Growth Potential - Buy
Dec 04CareTrust REIT: Looking For Healthcare Exposure? You Should Consider This REIT
Sep 24CareTrust REIT Surges: Riding High On Skilled Nursing Strength
Sep 10CareTrust REIT: A Growing REIT That Deserves A Spot In Your Portfolio
Jun 28CareTrust REIT: Solid Operational Performance, But I Don't Like The Capital Structure
Jun 21CareTrust REIT: This Near 5% Yielding Healthcare REIT Is A Great Long-Term Buy For Dividend Investors
Apr 06CareTrust REIT: Fat, Stable Yield With Upside
Feb 05CareTrust: High-Quality Business Attractively Valued
Nov 25Medical Properties Trust Vs. CareTrust REIT: One On The Rise, The Other In Decline
Sep 21CareTrust REIT: A Safer Alternative To Omega Healthcare Investors
Sep 14CareTrust REIT: Thesis Update After Q2 Results, Hold For Now
Aug 18CareTrust REIT: Decent Yield And Attractive Risk Profile
Jun 14CareTrust REIT: Opportunistic Capital Structure At The Right Moment
Jun 05Shareholder Returns
| CTRE | US Health Care REITs | US Market | |
|---|---|---|---|
| 7D | -3.4% | 4.6% | 1.2% |
| 1Y | 11.1% | 36.1% | 23.7% |
Return vs Industry: CTRE underperformed the US Health Care REITs industry which returned 36.1% over the past year.
Return vs Market: CTRE underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| CTRE volatility | |
|---|---|
| CTRE Average Weekly Movement | 3.3% |
| Health Care REITs Industry Average Movement | 3.5% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CTRE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CTRE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 21 | Dave Sedgwick | www.caretrustreit.com |
CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.
CareTrust REIT, Inc. Fundamentals Summary
| CTRE fundamental statistics | |
|---|---|
| Market cap | US$4.85b |
| Earnings (TTM) | US$124.64m |
| Revenue (TTM) | US$296.29m |
38.6x
P/E Ratio16.2x
P/S RatioIs CTRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTRE income statement (TTM) | |
|---|---|
| Revenue | US$296.29m |
| Cost of Revenue | US$18.45m |
| Gross Profit | US$277.83m |
| Other Expenses | US$153.20m |
| Earnings | US$124.64m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.66 |
| Gross Margin | 93.77% |
| Net Profit Margin | 42.07% |
| Debt/Equity Ratio | 13.5% |
How did CTRE perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield457%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/20 22:26 |
| End of Day Share Price | 2025/02/20 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CareTrust REIT, Inc. is covered by 25 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Amanda Sweitzer | Baird |
| Steven Valiquette | Barclays |