Caretrust Reit Stock Today

CTRE Stock  USD 29.79  0.12  0.40%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
CareTrust REIT is trading at 29.79 as of the 1st of December 2024, a 0.4% down since the beginning of the trading day. The stock's lowest day price was 29.75. CareTrust REIT has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for CareTrust REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
29th of May 2014
Category
Real Estate
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. The company has 187.32 M outstanding shares of which 3.9 M shares are currently shorted by private and institutional investors with about 1.52 trading days to cover. More on CareTrust REIT

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CareTrust Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, SP Small-Cap 600, NASDAQ Composite Total, Real Estate, Diversified REITs, REIT—Healthcare Facilities, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.120.1045
Fairly Up
Slightly volatile
Gross Profit Margin0.740.9559
Significantly Down
Very volatile
Net Debt514.3 M301.1 M
Way Up
Slightly volatile
Total Current Liabilities109.2 M70.5 M
Way Up
Slightly volatile
Non Current Liabilities Total488.6 M595.6 M
Significantly Down
Slightly volatile
Total Assets1.3 B2.1 B
Way Down
Slightly volatile
Total Current Assets325.3 M309.9 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities100.2 M154.8 M
Way Down
Slightly volatile
Debt Levels
CareTrust REIT can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CareTrust REIT's financial leverage. It provides some insight into what part of CareTrust REIT's total assets is financed by creditors.
Liquidity
CareTrust REIT currently holds 595.6 M in liabilities with Debt to Equity (D/E) ratio of 0.95, which is about average as compared to similar companies. CareTrust REIT has a current ratio of 3.63, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about CareTrust REIT's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

150.98 Million
CareTrust REIT (CTRE) is traded on New York Stock Exchange in USA. It is located in 905 Calle Amanecer, San Clemente, CA, United States, 92673-6277 and employs 17 people. CareTrust REIT is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.6 B. CareTrust REIT conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 187.32 M outstanding shares of which 3.9 M shares are currently shorted by private and institutional investors with about 1.52 trading days to cover. CareTrust REIT currently holds about 30.27 M in cash with 154.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check CareTrust REIT Probability Of Bankruptcy
Ownership Allocation
CareTrust REIT holds a total of 187.32 Million outstanding shares. The majority of CareTrust REIT outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CareTrust REIT to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CareTrust REIT. Please pay attention to any change in the institutional holdings of CareTrust REIT as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CareTrust Ownership Details

CareTrust Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
2.3 M
Prudential Financial Inc2024-09-30
2.2 M
Dimensional Fund Advisors, Inc.2024-09-30
2.1 M
Alyeska Investment Group, L.p.2024-09-30
1.8 M
Two Sigma Advisers, Llc2024-06-30
1.8 M
Northern Trust Corp2024-09-30
1.7 M
Centersquare Investment Management Llc2024-09-30
1.7 M
Grs Advisors, Llc2024-09-30
1.6 M
William Blair Investment Management, Llc2024-09-30
1.5 M
Blackrock Inc2024-06-30
26.9 M
Vanguard Group Inc2024-09-30
23 M
View CareTrust REIT Diagnostics

CareTrust REIT Historical Income Statement

At present, CareTrust REIT's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 43.3 M, whereas Selling General Administrative is forecasted to decline to about 14.6 M. View More Fundamentals

CareTrust Stock Against Markets

CareTrust REIT Corporate Management

David SedgwickVP of OperationsProfile
Mark LambChief Investment OfficerProfile
James CallisterChief SecretaryProfile
Eric GillisDirector ManagementProfile
Lauren BealeSenior ControllerProfile
When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.
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Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareTrust REIT. If investors know CareTrust will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareTrust REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.614
Dividend Share
1.15
Earnings Share
0.73
Revenue Per Share
1.926
Quarterly Revenue Growth
0.385
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.