Caretrust Reit Stock Today
| CTRE Stock | USD 23.81 0.09 0.38% |
Performance0 of 100
| Odds Of DistressLess than 5
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CareTrust REIT is trading at 23.81 as of the 25th of April 2024, a -0.38% down since the beginning of the trading day. The stock's lowest day price was 23.65. CareTrust REIT has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over 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 6th of May 2022 and ending today, the 25th of April 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 134.99 M outstanding shares of which 3.9 M shares are currently shorted by private and institutional investors with about 2.77 trading days to cover. More on CareTrust REIT
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
CareTrust Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CareTrust REIT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CareTrust REIT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Gregory Stapley | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 Analysts covering CareTrust REIT report their recommendations after researching CareTrust REIT's financial statements, talking to executives and customers, or listening in on CareTrust REIT's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CareTrust REIT. The CareTrust consensus assessment is calculated by taking the average forecast from all of the analysts covering CareTrust REIT. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to CareTrust REIT's liquidity, profitability, solvency, and operating efficiency, CareTrust REIT may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of CareTrust REIT is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CareTrust REIT's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CareTrust REIT's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 3.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CareTrust REIT's market, we take the total number of its shares issued and multiply it by CareTrust REIT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CareTrust REIT conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 134.99 M outstanding shares of which 3.9 M shares are currently shorted by private and institutional investors with about 2.77 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 AllocationCareTrust REIT holds a total of 134.99 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 Price Odds Analysis
What are CareTrust REIT's target price odds to finish over the current price? Based on a normal probability distribution, the odds of CareTrust REIT jumping above the current price in 90 days from now is about 64.19%. The CareTrust REIT probability density function shows the probability of CareTrust REIT stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days CareTrust REIT has a beta of 0.8244 suggesting as returns on the market go up, CareTrust REIT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CareTrust REIT will be expected to be much smaller as well. Additionally, careTrust REIT has an alpha of 0.054, implying that it can generate a 0.054 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of CareTrust REIT to move above the current price in 90 days from now is about 64.19 (This CareTrust REIT probability density function shows the probability of CareTrust Stock to fall within a particular range of prices over 90 days) .
CareTrust Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CareTrust REIT that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CareTrust REIT's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CareTrust REIT's value.| Instituion | Recorded On | Shares | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1.9 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.6 M | |
| William Blair Investment Management, Llc | 2023-12-31 | 1.6 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.5 M | |
| Northern Trust Corp | 2023-12-31 | 1.5 M | |
| Grs Advisors, Llc | 2023-12-31 | 1.4 M | |
| Deutsche Bank Ag | 2023-12-31 | 1.4 M | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 1.2 M | |
| Blackrock Inc | 2023-12-31 | 22.5 M | |
| Vanguard Group Inc | 2023-12-31 | 17.9 M |
CareTrust REIT Historical Income Statement
CareTrust REIT Income Statement is one of the three primary financial statements used for reporting CareTrust's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CareTrust REIT revenue and expense. CareTrust REIT Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, CareTrust REIT's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 82.3 M, whereas Interest Expense is forecasted to decline to about 26.9 M. View More FundamentalsCareTrust Stock Against Markets
Picking the right benchmark for CareTrust REIT stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CareTrust REIT stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CareTrust REIT is critical whether you are bullish or bearish towards CareTrust REIT at a given time. Please also check how CareTrust REIT's historical prices are related to one of the top price index indicators.
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CareTrust REIT Corporate Directors
CareTrust REIT corporate directors refer to members of a CareTrust REIT board of directors. The board of directors generally takes responsibility for the CareTrust REIT's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CareTrust REIT's board members must vote for the resolution. The CareTrust REIT board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gary Sabin | Director | Profile | |
| David Lindahl | Director | Profile | |
| Jon Kline | Director | Profile | |
| Allen Barbieri | Independent Director | Profile |
How to buy CareTrust Stock?
Before investing in CareTrust REIT, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CareTrust REIT. To buy CareTrust REIT stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CareTrust REIT. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CareTrust REIT stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CareTrust REIT stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CareTrust REIT stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CareTrust REIT, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CareTrust Stock please use our How to Invest in CareTrust REIT guide.
Already Invested in CareTrust REIT?
The danger of trading CareTrust REIT is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CareTrust REIT is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CareTrust REIT. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CareTrust REIT is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for CareTrust Stock analysis
When running CareTrust REIT's price analysis, check to measure CareTrust REIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareTrust REIT is operating at the current time. Most of CareTrust REIT's value examination focuses on studying past and present price action to predict the probability of CareTrust REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareTrust REIT's price. Additionally, you may evaluate how the addition of CareTrust REIT to your portfolios can decrease your overall portfolio volatility.
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Is CareTrust REIT's industry 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 0.449 | Dividend Share 1.12 | Earnings Share 0.5 | Revenue Per Share 2.055 | Quarterly Revenue Growth 0.153 |
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.