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CareTrust REIT - CTRE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $31.00
  • Forecasted Upside: 1.04%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$30.68 As of 11/20/2024 01:00 AM ET
▼ -0.4 (-1.29%)

This chart shows the closing price for CTRE by one month, three months, or twelve months.

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Analyst Price Target for CTRE

Analyst Price Target is $31.00
▲ +1.04% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for CareTrust REIT in the last 3 months. The average price target is $31.00, with a high forecast of $34.00 and a low forecast of $26.00. The average price target represents a 1.04% upside from the last price of $30.68.

This chart shows the closing price for CTRE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in CareTrust REIT. This rating has held steady since September 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/7/2024KeyCorpBoost TargetOverweight ➝ Overweight$27.00 ➝ $34.00
10/7/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$33.00 ➝ $34.00
10/1/2024Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$28.00 ➝ $34.00
8/22/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$27.00 ➝ $31.00
7/1/2024Deutsche Bank AktiengesellschaftBoost TargetHold ➝ Hold$23.00 ➝ $27.00
5/30/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$24.00 ➝ $26.00
5/29/2024WedbushInitiated CoverageNeutral$26.00
5/9/2024KeyCorpBoost TargetOverweight ➝ Overweight$25.00 ➝ $27.00
1/31/2024Royal Bank of CanadaLower TargetOutperform ➝ Outperform$25.00 ➝ $24.00
1/30/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$23.00
1/5/2024KeyCorpBoost TargetOverweight ➝ Overweight$22.00 ➝ $25.00
11/27/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$22.00 ➝ $23.00
9/20/2023Jefferies Financial GroupInitiated CoverageBuy$23.00
9/11/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$19.00 ➝ $23.00
8/16/2023BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$23.50 ➝ $24.00
7/27/2023Berenberg BankInitiated CoverageBuy$23.00
4/19/2023Wells Fargo & CompanyInitiated CoverageEqual Weight$21.00
2/14/2023KeyCorpBoost TargetOverweight$21.00 ➝ $22.00
11/1/2022Raymond JamesLower TargetStrong-Buy$23.00 ➝ $22.00
10/21/2022BarclaysLower TargetEqual Weight$20.00 ➝ $19.00
8/8/2022BarclaysBoost Target$17.00 ➝ $20.00
7/7/2022KeyCorpLower TargetOverweight$23.00 ➝ $21.00
6/3/2022Capital One FinancialInitiated CoverageEqual Weight ➝ Equal Weight$21.50
4/18/2022BarclaysDowngradeOverweight ➝ Equal Weight$22.00 ➝ $17.00
3/18/2022Raymond JamesLower TargetStrong-Buy$27.00 ➝ $23.00
3/11/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$20.00
2/22/2022BarclaysLower Target$26.00 ➝ $22.00
2/1/2022Credit Suisse GroupInitiated CoverageNeutral$22.00
12/7/2021BMO Capital MarketsReiterated RatingBuy$25.00
11/18/2021Royal Bank of CanadaLower TargetSector Perform$24.00 ➝ $22.00
10/7/2021Robert W. BairdInitiated CoverageOutperform$23.00
8/11/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
5/24/2021Royal Bank of CanadaBoost TargetOutperform$24.00 ➝ $26.00
3/5/2021Raymond JamesReiterated RatingBuy$25.00
1/19/2021BarclaysBoost TargetOverweight$21.00 ➝ $25.00
1/13/2021MizuhoBoost TargetNeutral$19.00 ➝ $22.00
1/7/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$25.00 ➝ $26.00
12/14/2020KeyCorpUpgradeSector Weight ➝ Overweight$24.00
12/2/2020Berenberg BankUpgradeHold ➝ Buy
11/11/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$20.00 ➝ $22.00
10/2/2020MizuhoBoost TargetNeutral$13.00 ➝ $19.00
9/1/2020Stifel NicolausReiterated RatingBuy$22.00
8/10/2020Raymond JamesBoost TargetStrong-Buy$21.00 ➝ $22.00
8/3/2020Raymond JamesUpgradeOutperform ➝ Strong-Buy$20.00 ➝ $21.00
6/17/2020Wells Fargo & CompanyBoost TargetOverweight$20.00 ➝ $21.00
4/29/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$19.00
4/6/2020MizuhoUpgradeUnderperform ➝ Neutral$19.00 ➝ $13.00
3/26/2020Wells Fargo & CompanyLower TargetOverweight$24.00 ➝ $20.00
2/28/2020Berenberg BankDowngradeBuy ➝ Hold$24.00
1/7/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$26.00 ➝ $22.00
12/19/2019MizuhoInitiated CoverageUnderperform
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.78 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 7 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 12 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 13 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 11 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 14 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 17 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 17 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

CareTrust REIT logo
CareTrust REIT, Inc.'s (CareTrust REIT or the Company) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.
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Today's Range

Now: $30.68
Low: $30.58
High: $30.91

50 Day Range

MA: $30.79
Low: $29.49
High: $32.80

52 Week Range

Now: $30.68
Low: $20.10
High: $33.15

Volume

842,580 shs

Average Volume

2,932,138 shs

Market Capitalization

$5.26 billion

P/E Ratio

42.61

Dividend Yield

3.73%

Beta

1.09

Frequently Asked Questions

What sell-side analysts currently cover shares of CareTrust REIT?

The following Wall Street research analysts have issued research reports on CareTrust REIT in the last twelve months: BMO Capital Markets, Deutsche Bank Aktiengesellschaft, KeyCorp, Royal Bank of Canada, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for CTRE.

What is the current price target for CareTrust REIT?

0 Wall Street analysts have set twelve-month price targets for CareTrust REIT in the last year. Their average twelve-month price target is $31.00, suggesting a possible upside of 1.0%. BMO Capital Markets has the highest price target set, predicting CTRE will reach $34.00 in the next twelve months. Wedbush has the lowest price target set, forecasting a price of $26.00 for CareTrust REIT in the next year.
View the latest price targets for CTRE.

What is the current consensus analyst rating for CareTrust REIT?

CareTrust REIT currently has 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CTRE.

How do I contact CareTrust REIT's investor relations team?

CareTrust REIT's physical mailing address is 905 CALLE AMANECER SUITE 300, SAN CLEMENTE CA, 92673. The real estate investment trust's listed phone number is (949) 542-3130 and its investor relations email address is [email protected]. The official website for CareTrust REIT is www.caretrustreit.com. Learn More about contacing CareTrust REIT investor relations.