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Real Estate - REIT - Healthcare Facilities - NYSE - US
$ 30.33
1.34 %
$ 5.68 B
Market Cap
41.55
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CTRE stock under the base case scenario is HIDDEN Compared to the current market price of 30.3 USD, CareTrust REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CTRE

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FINANCIALS
218 M REVENUE
16.14%
186 M OPERATING INCOME
65.76%
53.7 M NET INCOME
815.72%
155 M OPERATING CASH FLOW
7.17%
-268 M INVESTING CASH FLOW
-110.22%
394 M FINANCING CASH FLOW
1761.55%
77.4 M REVENUE
12.32%
0 OPERATING INCOME
0.00%
33.3 M NET INCOME
212.07%
67.2 M OPERATING CASH FLOW
26.94%
-360 M INVESTING CASH FLOW
-4.28%
174 M FINANCING CASH FLOW
-48.20%
Balance Sheet Decomposition CareTrust REIT, Inc.
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Current Assets 318 M
Cash & Short-Term Investments 294 M
Receivables 395 K
Other Current Assets 23.3 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.
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Revenue 218 M
Cost Of Revenue 9.59 M
Gross Profit 208 M
Operating Expenses 73 M
Operating Income 186 M
Other Expenses 133 M
Net Income 53.7 M
RATIOS
95.59% GROSS MARGIN
95.59%
85.58% OPERATING MARGIN
85.58%
24.68% NET MARGIN
24.68%
3.79% ROE
3.79%
2.58% ROA
2.58%
9.26% ROIC
9.26%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis CareTrust REIT, Inc.
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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
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets CareTrust REIT, Inc.
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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 -14.28%
CTRE Average Price Target Wall Street Target
26.5 USD -12.63%
CTRE Highest Price Target Wall Street Target
27 USD -10.98%
4. DIVIDEND ANALYSIS
0.91% DIVIDEND YIELD
0.29 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership CareTrust REIT, Inc.
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Sold
0-3 MONTHS
1.04 M USD 1
3-6 MONTHS
0 USD 0
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
2 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
9 years ago
Jan 13, 2015
Sell 361 K USD
Christensen Christopher R.
Director
- 30604
11.7842 USD
9 years ago
Jan 08, 2015
Sell 743 K USD
Christensen Christopher R.
Director
- 62487
11.8964 USD
9 years ago
Jan 09, 2015
Sell 373 K USD
Christensen Christopher R.
Director
- 31400
11.8682 USD
9 years ago
Jan 12, 2015
Sell 946 K USD
Christensen Christopher R.
Director
- 80509
11.7452 USD
9 years ago
Jan 05, 2015
Sell 315 K USD
Christensen Christopher R.
Director
- 26701
11.781 USD
9 years ago
Jan 06, 2015
Sell 677 K USD
Christensen Christopher R.
Director
- 58221
11.63 USD
9 years ago
Jan 07, 2015
Sell 355 K USD
Christensen Christopher R.
Director
- 30078
11.8027 USD
7. News
My Portfolio's Biggest Winners And Losers From A Republican Sweep The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines. seekingalpha.com - 1 week ago
Forget The Election, REITs Win No Matter What The election is on the 5th of November. We don't think the outcome will matter for REITs. Macroeconomics trumps politics. We explain why. seekingalpha.com - 1 week ago
Pivotal Decisions Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment declined by 28k during the month, fueled by the largest plunge in manufacturing employment since the pandemic shutdown, alongside job declines in retail, transportation, and hospitality. seekingalpha.com - 2 weeks ago
Top 5 REITs: Trick Or TREIT! The Federal Reserve's recent 50 bps rate cut and projected future cuts in 2024 signal a potential favorable shift for the REITs sectors. The latest JOLTS Report fell short of expectations. September job openings slid to 7.443M from 7.861M in August, and layoffs and discharges rose, a potential opportunity for more rate cuts. REITs benefit from a lower-rate environment due to reduced borrowing costs and more attractive dividend yields relative to bonds that can drive investor demand and share prices. seekingalpha.com - 2 weeks ago
CareTrust REIT, Inc. (CTRE) Q3 2024 Earnings Call Transcript CareTrust REIT, Inc. (NYSE:CTRE ) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer James Callister - Chief Investment Officer Conference Call Participants Jonathan Hughes - Raymond James John Pinkowski - Wells Fargo Austin Wurschmidt - KeyBanc Capital Markets Michael Carroll - RBC Capital Markets Robin Haneland - BMO Capital Markets Wes Golladay - Baird Rich Anderson - Wedbush Operator Thank you for standing by. My name is Prima [Ph] and I will be your conference operator today. seekingalpha.com - 2 weeks ago
CareTrust REIT, Inc. Announces Pricing of Upsized Public Offering of Common Stock SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust REIT” or the “Company”) announced the pricing of its upsized underwritten public offering of 13,800,000 shares of common stock at a price to the public of $32.00 per share. The offering is expected to close on November 1, 2024, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,070,000 shares of com. businesswire.com - 2 weeks ago
CareTrust REIT (CTRE) Reports Q3 Earnings: What Key Metrics Have to Say The headline numbers for CareTrust REIT (CTRE) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
CareTrust REIT (CTRE) Q3 FFO Match Estimates CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.35 per share a year ago. zacks.com - 2 weeks ago
CareTrust REIT Announces Third Quarter 2024 Operating Results SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Third Quarter 2024 Operating Results. businesswire.com - 2 weeks ago
All You Need to Know About CareTrust REIT (CTRE) Rating Upgrade to Buy CareTrust REIT (CTRE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 2 weeks ago
CareTrust REIT Sets Third Quarter Earnings Call for Wednesday, October 30, 2024 SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Sets Third Quarter Earnings Call for Wednesday, October 30, 2024. businesswire.com - 3 weeks ago
CareTrust Publishes Fourth Annual Corporate Sustainability Report SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust Publishes Fourth Annual Corporate Sustainability Report. businesswire.com - 1 month ago
8. Profile Summary

CareTrust REIT, Inc. CTRE

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COUNTRY US
INDUSTRY REIT - Healthcare Facilities
MARKET CAP $ 5.68 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 Mr. David M. Sedgwick Chief Executive Officer, President & Director Mr. James B. Callister Chief Investment Officer & Secretary Mr. Eric Gillis Director of Asset Management Ms. Lauren Beale Senior Vice President & Controller