Real Estate -
REIT - Healthcare Facilities - NYSE - US
$ 26.73
-1.73 %
$ 5.01 B
Market Cap
36.62
P/E
1. INTRINSIC VALUE
Balance Sheet
CareTrust REIT, Inc.
| Current Assets | 310 M |
| Cash & Short-Term Investments | 294 M |
| Receivables | 395 K |
| Other Current Assets | 15 M |
| Non-Current Assets | 1.77 B |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 1.77 B |
| Current Liabilities | 70.5 M |
| Accounts Payable | 34 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 36.5 M |
| Non-Current Liabilities | 596 M |
| Long-Term Debt | 596 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
CareTrust REIT, Inc.
| Revenue | 218 M |
| Cost Of Revenue | 9.59 M |
| Gross Profit | 208 M |
| Operating Expenses | 21.8 M |
| Operating Income | 186 M |
| Other Expenses | 133 M |
| Net Income | 53.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CareTrust REIT, Inc.
| Net Income | 53.7 M |
| Depreciation & Amortization | 50.9 M |
| Capital Expenditures | -11 M |
| Stock-Based Compensation | 5.15 M |
| Change in Working Capital | 2.39 M |
| Others | 42.6 M |
| Free Cash Flow | 144 M |
Wall Street Analysts Price Targets
CareTrust REIT, Inc.
Wall Street analysts predict an average 1-year price target for CTRE of $26.5 , with forecasts ranging from
a
low of
$26 to a high of $27 .
CTRE Lowest Price Target
Wall Street Target
26 USD
-2.73%
CTRE Average Price Target
Wall Street Target
26.5 USD
-0.86%
CTRE Highest Price Target
Wall Street Target
27 USD
1.01%
4. DIVIDEND
ANALYSIS
0.91%
DIVIDEND YIELD
0.29 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CareTrust REIT, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.04 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Sep 04, 2024
|
Sell 1.04 M
USD
|
Wagner William M
CFO and Treasurer
|
- 35000
|
29.8 USD |
|
4 years ago
Mar 13, 2020
|
Bought
19.2 K USD
|
Plumb Spencer G
Director
|
+ 1500
|
12.77 USD |
|
9 years ago
Nov 16, 2015
|
Bought
205 K USD
|
SABIN GARY B
Director
|
+ 20000
|
10.25 USD |
|
9 years ago
Aug 13, 2015
|
Bought
200 K USD
|
Sedgwick David M.
Vice President of Operations
|
+ 19000
|
10.5 USD |
|
9 years ago
Aug 13, 2015
|
Bought
368 K USD
|
Wagner William M
CFO, Secretary and Treasurer
|
+ 35000
|
10.5 USD |
|
9 years ago
Aug 13, 2015
|
Bought
525 K USD
|
Stapley Gregory K.
President, Chairman and CEO
|
+ 50000
|
10.5 USD |
|
9 years ago
Aug 13, 2015
|
Bought
262 K USD
|
Kline Jon D
Director
|
+ 25000
|
10.5 USD |
|
10 years ago
Jan 13, 2015
|
Sell 361 K
USD
|
Christensen Christopher R.
Director
|
- 30604
|
11.7842 USD |
|
10 years ago
Jan 08, 2015
|
Sell 743 K
USD
|
Christensen Christopher R.
Director
|
- 62487
|
11.8964 USD |
|
10 years ago
Jan 09, 2015
|
Sell 373 K
USD
|
Christensen Christopher R.
Director
|
- 31400
|
11.8682 USD |
|
10 years ago
Jan 12, 2015
|
Sell 946 K
USD
|
Christensen Christopher R.
Director
|
- 80509
|
11.7452 USD |
|
10 years ago
Jan 05, 2015
|
Sell 315 K
USD
|
Christensen Christopher R.
Director
|
- 26701
|
11.781 USD |
|
10 years ago
Jan 06, 2015
|
Sell 677 K
USD
|
Christensen Christopher R.
Director
|
- 58221
|
11.63 USD |
|
10 years ago
Jan 07, 2015
|
Sell 355 K
USD
|
Christensen Christopher R.
Director
|
- 30078
|
11.8027 USD |
7. News
CareTrust REIT Announces Phase 2 Closing of Tennessee Acquisition; Brings Annual Investment Total to Approximately $1.5 Billion; Announces Replenished Investment Pipeline of $350 Million
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) has announced that it has closed Phase 2 of the large Tennessee portfolio transaction announced on October 29, 2024 with the acquisition last week of an additional thirteen skilled nursing facilities. As anticipated, the second phase of the acquisition was completed through a joint venture arrangement entered into between CareTrust and a large third-party healthcare real estate owner. At closing, CareTrust provided a combin.
businesswire.com
- 1 week ago
CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Chief Accounting Officer; SVP Investments Appointment; Promotions.
businesswire.com
- 2 weeks ago
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance dividend growth, using Schwab US Dividend Equity ETF (SCHD) as a primary vehicle. I've sold high-risk stocks and reinvested in higher-yielding, safer options, but my portfolio is now too weighted towards immediate income.
seekingalpha.com
- 3 weeks ago
After Plunging -8.29% in 4 Weeks, Here's Why the Trend Might Reverse for CareTrust REIT (CTRE)
CareTrust REIT (CTRE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
zacks.com
- 3 weeks ago
2 Healthcare REIT Stocks to Buy Before Moving Into 2025
Healthcare REIT stocks are expected to benefit from an aging population, rising healthcare expenditure and technological advancements as they head into 2025.
zacks.com
- 3 weeks ago
10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.
seekingalpha.com
- 4 weeks ago
CareTrust REIT Doubles Size of Unsecured Revolver to $1.2 Billion; Announces Agency Upgrade of Bond to Investment Grade; Updates Investment Pipeline
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Doubles Size of Unsecured Revolver to $1.2 Billion; Announces Agency Upgrade of Bond to Investment Grade; Updates Investment Pipeline.
businesswire.com
- 1 month ago
CareTrust REIT: An Acquisition Titan That's Still A Buy For Long-Term Investors
CareTrust REIT remains a buy due to strong fundamentals, impressive acquisitions, and a recent price pullback, offering long-term growth potential. The REIT's acquisition spree, totaling nearly $1 billion in 2023, has significantly boosted FFO and revenue, showcasing robust growth despite economic challenges. CareTrust's fortress balance sheet, low leverage, and potential credit rating upgrade position it for further upside and acquisition opportunities.
seekingalpha.com
- 1 month ago
CareTrust REIT Announces Quarterly Dividend of $0.29 per Share
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.29 per Share.
businesswire.com
- 1 month ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
seekingalpha.com
- 1 month ago
Down -6.3% in 4 Weeks, Here's Why CareTrust REIT (CTRE) Looks Ripe for a Turnaround
CareTrust REIT (CTRE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
zacks.com
- 1 month ago
CareTrust REIT Acquires Midwest Skilled Nursing Portfolio for Approximately $97 Million; Announces Phase 1 Closing of Tennessee Acquisition
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 46-facility, 3,820-bed/unit skilled nursing and seniors housing portfolio located in the Midwest for a total investment amount of approximately $97 million (inclusive of transaction costs). Seven of the 46 facilities acquired are skilled nursing and assisted living campuses and an additional seven are assisted living facilities. In connection with the acquisition, the company entered i.
businesswire.com
- 1 month ago
8. Profile
Summary
CareTrust REIT, Inc. CTRE
COUNTRY
US
INDUSTRY
REIT - Healthcare Facilities
MARKET CAP
$ 5.01 B
Dividend Yield
0.91%
Description
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.
Contact
905 Calle Amanecer, San Clemente, CA, 92673
https://www.caretrustreit.com
IPO
Date
May 29, 2014
Employees
17
Officers
Michael Sotelo
Controller
Mr. James B. Callister
Chief Investment Officer & Secretary
Mr. Tri Tran
Senior Vice President of Investments
Ms. Lauren Beale
Senior Vice President & Chief Accounting Officer
Mr. Eric Gillis
Director of Asset Management
Mr. David M. Sedgwick
Chief Executive Officer, President & Director
Mr. William M. Wagner CPA
Chief Financial Officer & Treasurer