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CTRE

CTRE - CareTrust REIT Inc Stock Price, Fair Value and News

25.25USD+0.01 (+0.04%)Market Closed

Market Summary

CTRE
USD25.25+0.01
Market Closed
0.04%

CTRE Alerts

  • Big jump in Earnings (Y/Y)

CTRE Stock Price

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CTRE RSI Chart

CTRE Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

56.71

Price/Sales (Trailing)

15.58

EV/EBITDA

30.91

Price/Free Cashflow

21.29

CTRE Price/Sales (Trailing)

CTRE Profitability

EBT Margin

4.36%

Return on Equity

3.78%

Return on Assets

2.69%

Free Cashflow Yield

4.7%

CTRE Fundamentals

CTRE Revenue

Revenue (TTM)

230.2M

Rev. Growth (Yr)

24.63%

Rev. Growth (Qtr)

5.58%

CTRE Earnings

Earnings (TTM)

63.3M

Earnings Growth (Yr)

49.51%

Earnings Growth (Qtr)

9.32%

Breaking Down CTRE Revenue

Last 7 days

-3.4%

Last 30 days

1.9%

Last 90 days

7.1%

Trailing 12 Months

27.7%

How does CTRE drawdown profile look like?

CTRE Financial Health

CTRE Investor Care

Dividend Yield

4.48%

Dividend/Share (TTM)

1.13

Shares Dilution (1Y)

42.81%

Diluted EPS (TTM)

0.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024230.2M000
2023200.3M204.3M209.8M217.8M
2022193.1M192.4M194.1M196.1M
2021179.7M183.8M186.8M192.4M
2020168.1M166.1M178.4M178.3M
2019158.5M165.7M159.5M163.4M
2018140.5M146.6M153.2M156.9M
2017111.7M118.8M124.6M133.0M
201681.6M89.9M99.1M104.7M
201563.0M66.3M68.4M75.0M
201450.3M52.3M55.7M58.9M
201343.7M45.4M47.1M48.8M
201200042.1M
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Tracking the Latest Insider Buys and Sells of CareTrust REIT Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 25, 2024
williams careina d.
acquired
-
-
5,428
-
Apr 25, 2024
olson anne
acquired
-
-
5,428
-
Apr 25, 2024
plumb spencer g
acquired
-
-
5,428
-
Apr 25, 2024
laing diana
acquired
-
-
5,428
-
Feb 05, 2024
sedgwick david m.
acquired
-
-
47,623
president and ceo
Feb 05, 2024
sedgwick david m.
sold (taxes)
-574,446
20.44
-28,104
president and ceo
Feb 05, 2024
wagner william m
acquired
-
-
46,299
cfo and treasurer
Feb 05, 2024
wagner william m
sold (taxes)
-570,480
20.44
-27,910
cfo and treasurer
Jan 31, 2024
callister james
sold (taxes)
-106,178
20.93
-5,073
cio and secretary
Jan 31, 2024
sedgwick david m.
sold (taxes)
-359,305
20.93
-17,167
president and ceo

1–10 of 50

Which funds bought or sold CTRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
578
6,106
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
29.48
534,000
1,942,000
-%
May 28, 2024
Boston Partners
new
-
968,170
968,170
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
32.35
934,000
3,052,000
0.03%
May 24, 2024
Cetera Investment Advisers
new
-
303,237
303,237
-%
May 20, 2024
Virtu Financial LLC
new
-
200,000
200,000
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-64.8
-591,774
367,768
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
13.41
552,794
2,905,240
-%
May 16, 2024
Tidal Investments LLC
added
29.85
387,946
1,325,000
0.02%
May 16, 2024
FSA Wealth Management LLC
unchanged
-
4,925
60,925
0.03%

1–10 of 49

Are Funds Buying or Selling CTRE?

Are funds buying CTRE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CTRE
No. of Funds

Unveiling CareTrust REIT Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
15.02%
17,890,906
SC 13G/A
Feb 08, 2024
wellington management group llp
5.61%
6,684,856
SC 13G/A
Jan 30, 2024
state street corp
5.74%
6,840,047
SC 13G/A
Jan 19, 2024
blackrock inc.
18.9%
22,481,557
SC 13G/A
Feb 09, 2023
vanguard group inc
16.37%
15,883,405
SC 13G/A
Feb 06, 2023
wellington management group llp
5.84%
5,670,713
SC 13G
Feb 03, 2023
state street corp
6.17%
5,988,779
SC 13G/A
Jan 26, 2023
blackrock inc.
18.4%
17,895,638
SC 13G/A
Jan 20, 2023
blackrock inc.
18.4%
17,895,638
SC 13G
Feb 10, 2022
state street corp
5.48%
5,318,437
SC 13G

Recent SEC filings of CareTrust REIT Inc

View All Filings
Date Filed Form Type Document
Jun 04, 2024
8-K
Current Report
May 06, 2024
8-K
Current Report
May 06, 2024
424B5
Prospectus Filed
May 02, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
Apr 29, 2024
8-K
Current Report
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading

Peers (Alternatives to CareTrust REIT Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.5B
11.2B
4.77% 2.30%
45.86
8.07
3.63% 50.79%
43.3B
6.8B
-0.37% -12.60%
31.06
6.32
-2.39% -16.60%
28.3B
2.8B
0.90% 5.12%
29.58
10.07
5.72% -6.46%
20.2B
3.0B
-4.13% -5.19%
103.09
6.85
10.44% -73.79%
12.9B
-
-1.81% 1.94%
30.6
7.96
8.93% 11.87%
11.2B
1.4B
1.35% 0.33%
29.7
8.18
10.48% -2.04%
MID-CAP
9.4B
3.3B
-4.45% 9.16%
48.99
2.85
4.82% -75.15%
8.4B
1.2B
-1.57% 6.43%
35.09
7.27
5.48% -38.69%
3.6B
913.7M
4.85% 112.77%
-7.04
3.94
1.13% -307.54%
3.2B
878.0M
-4.51% 31.88%
-9.34
3.64
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-4.58% 8.04%
18.84
2.91
3.54% 8.91%
1.2B
198.2M
-0.74% -4.62%
-7.35
6.02
-43.33% -308.08%
1.1B
650.2M
-0.65% -6.88%
35.7
1.68
27.93% 140.31%
543.7M
285.4M
-2.93% -40.99%
-4.27
1.91
11.05% 83.70%
442.8M
277.2M
-1.95% -19.02%
-54.01
1.6
25.89% 94.64%

CareTrust REIT Inc News

Latest updates
Defense World09 Jun 202408:19 am
Business Wire02 May 202407:00 am

CareTrust REIT Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue5.6%63.0060.0056.0052.0051.0052.0050.0048.0046.0050.0049.0048.0046.0044.0046.0044.0044.0044.0033.0046.0040.00
Costs and Expenses-3.9%34.0035.0042.0052.0031.0033.0043.0027.0090.0032.0026.0027.0025.0023.0024.0025.0025.0025.0044.0027.0024.00
Operating Expenses-------------------44.0027.0024.00
  S&GA Expenses5.1%7.007.006.005.005.005.005.005.005.0011.005.006.005.003.004.005.004.004.004.005.003.00
EBITDA Margin-5.8%0.44*0.47*0.49*0.48*0.46*0.46*0.46*0.46*0.46*0.46*0.47*0.47*---------
Interest Expenses-0.5%8.008.0012.0011.0010.0010.008.006.006.006.006.007.006.006.006.006.007.007.007.007.007.00
EBT Margin-5.4%0.04*0.05*0.05*0.05*0.05*0.05*0.05*0.05*0.05*0.05*0.05*0.05*---------
Net Income9.3%29.0026.009.00-0.4819.0014.001.0021.00-43.2618.0012.0021.0020.0021.0022.0019.0019.0021.00-10.0520.0016.00
Net Income Margin11.3%0.27*0.25*0.20*0.17*0.27*-0.04*-0.02*0.04*0.04*0.37*0.40*0.46*---------
Free Cashflow14.4%49.0043.0045.0032.0035.0034.0042.0034.0035.0038.0048.0037.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets12.6%2,3482,0851,7681,7371,6221,6211,6461,6861,5941,6411,6441,9121,6341,5041,4541,4501,5311,5191,5251,5321,524
    Cash Equivalents53.2%4512943.001.0028.0013.005.0030.0027.0020.0018.0031130.0019.0019.006.0024.0020.006.003.00214
Liabilities0.9%672666657924782771832848749725726983709589538533609591597573713
Shareholder's Equity18.1%1,6741,4171,110813840849814838845916918930925914916917922928927958811
  Additional Paid-In Capital14.3%2,1521,8831,5661,2461,2451,2451,1971,1951,1961,1971,1911,1891,1811,1641,1631,1621,1621,1631,1621,1611,012
Shares Outstanding9.0%14213011599.0099.0099.0097.0097.0096.0096.0096.0096.00---------
Minority Interest21.1%2.002.001.00------------------
Float----2,000---1,800---2,200---1,600---2,200-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations14.4%48,82042,67145,11031,86635,12033,74342,37033,72334,57938,50847,80636,60833,94937,35040,44331,42436,51831,13733,42031,66430,074
  Share Based Compensation19.5%2,1201,7741,5199249361,4631,3801,3941,5215,6351,8021,8101,5859719729638849829811,147994
Cashflow From Investing-247.1%-123,241-35,510-55,661-175,826-81814,359-16,115-101,572-24,072-10,670-36,920-11,743-133,300-63,644-3,26349,625-24,3009,944-28,752-231,022-66,177
Cashflow From Financing-18.6%231,146283,80212,891117,035-19,410-39,785-51,66171,530-3,816-25,659-304,128255,624110,90126,112-23,877-99,188-8,608-26,503-1,548-12,367213,665
  Dividend Payments12.7%36,53132,40327,84327,83727,40926,66026,66126,77326,04425,63425,63525,55323,96023,87823,87723,87421,53221,46421,47019,97517,710
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CTRE Income Statement

2024-03-31
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Rental income$ 53,502$ 46,163
Interest and other income9,5684,443
Total revenues63,07050,606
Expenses:  
Depreciation and amortization13,44812,238
Interest expense8,2289,827
Property taxes1,801880
Impairment of real estate investments2,7441,886
Property operating expenses660963
General and administrative6,8385,061
Total expenses33,71930,855
Other loss:  
Gain (loss) on sale of real estate, net11(70)
Unrealized loss on other real estate related investments, net(612)(454)
Total other loss(601)(524)
Net income28,75019,227
Net income attributable to noncontrolling interests40
Net income attributable to CareTrust REIT, Inc.$ 28,746$ 19,227
Earnings per common share attributable to CareTrust REIT, Inc:  
Basic (in usd per share)$ 0.22$ 0.19
Diluted (in usd per share)$ 0.22$ 0.19
Weighted-average number of common shares:  
Basic (in shares)132,83699,063
Diluted (in shares)133,20299,087

CTRE Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:  
Real estate investments, net$ 1,619,438$ 1,567,119
Other real estate related investments (including accrued interest of $2,152 as of March 31, 2024 and $1,727 as of December 31, 2023)233,346180,368
Assets held for sale12,48315,011
Cash and cash equivalents451,173294,448
Accounts and other receivables402395
Prepaid expenses and other assets, net27,74923,337
Deferred financing costs, net3,8454,160
Total assets2,348,4362,084,838
Liabilities and Equity:  
Senior unsecured notes payable, net396,261396,039
Senior unsecured term loan, net199,612199,559
Accounts payable, accrued liabilities and deferred rent liabilities35,27533,992
Dividends payable41,19236,531
Total liabilities672,340666,121
Commitments and contingencies (Note 12)
Equity:  
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 202300
Common stock, $0.01 par value; 500,000,000 shares authorized, 141,712,165 and 129,992,796 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively1,4171,300
Additional paid-in capital2,152,4541,883,147
Cumulative distributions in excess of earnings(480,074)(467,628)
Total stockholders’ equity1,673,7971,416,819
Noncontrolling interests2,2991,898
Total equity1,676,0961,418,717
Total liabilities and equity$ 2,348,436$ 2,084,838
CTRE
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.
 CEO
 WEBSITEcaretrustreit.com
 INDUSTRYREIT Mortgage
 EMPLOYEES15

CareTrust REIT Inc Frequently Asked Questions


What is the ticker symbol for CareTrust REIT Inc? What does CTRE stand for in stocks?

CTRE is the stock ticker symbol of CareTrust REIT Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CareTrust REIT Inc (CTRE)?

As of Wed Jun 12 2024, market cap of CareTrust REIT Inc is 3.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTRE stock?

You can check CTRE's fair value in chart for subscribers.

What is the fair value of CTRE stock?

You can check CTRE's fair value in chart for subscribers. The fair value of CareTrust REIT Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CareTrust REIT Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CareTrust REIT Inc a good stock to buy?

The fair value guage provides a quick view whether CTRE is over valued or under valued. Whether CareTrust REIT Inc is cheap or expensive depends on the assumptions which impact CareTrust REIT Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTRE.

What is CareTrust REIT Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, CTRE's PE ratio (Price to Earnings) is 56.71 and Price to Sales (PS) ratio is 15.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CTRE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CareTrust REIT Inc's stock?

In the past 10 years, CareTrust REIT Inc has provided 0.123 (multiply by 100 for percentage) rate of return.