Caretrust Reit Stock Today
| CTRE Stock | USD 30.94 0.27 0.88% |
Performance11 of 100
| Odds Of DistressLess than 6
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CareTrust REIT is trading at 30.94 as of the 11th of November 2024, a 0.88% up since the beginning of the trading day. The stock's lowest day price was 30.71. CareTrust REIT has only a 6 % chance of going through financial distress over the next few years and had a good 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 12th of October 2024 and ending today, the 11th of November 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 1.71 trading days to cover. More on CareTrust REIT
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CareTrust Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Diversified 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
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Debt LevelsCareTrust 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.
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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 5.8 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 1.71 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.
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Ownership AllocationCareTrust 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.
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CareTrust Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Prudential Financial Inc | 2024-06-30 | 2.4 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 2.4 M | |
| Alyeska Investment Group, L.p. | 2024-06-30 | 2.2 M | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 2.2 M | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 2.1 M | |
| Two Sigma Advisers, Llc | 2024-06-30 | 1.8 M | |
| Fmr Inc | 2024-06-30 | 1.7 M | |
| William Blair Investment Management, Llc | 2024-06-30 | 1.6 M | |
| Northern Trust Corp | 2024-06-30 | 1.6 M | |
| Blackrock Inc | 2024-06-30 | 26.9 M | |
| Vanguard Group Inc | 2024-06-30 | 21.9 M |
CareTrust REIT Historical Income Statement
CareTrust Stock Against Markets
CareTrust REIT Corporate Management
| David Sedgwick | VP of Operations | Profile | |
| Mark Lamb | Chief Investment Officer | Profile | |
| James Callister | Chief Secretary | Profile | |
| Eric Gillis | Director Management | Profile | |
| Lauren Beale | Senior Controller | Profile |
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.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.