Caretrust Reit Stock Performance
CTRE Stock | USD 23.69 0.05 0.21% |
CareTrust REIT has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CareTrust REIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding CareTrust REIT is expected to be smaller as well. CareTrust REIT right now shows a risk of 1.42%. Please confirm CareTrust REIT treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if CareTrust REIT will be following its price patterns.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in CareTrust REIT are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, CareTrust REIT may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (0.21) | Five Day Return (0.21) | Year To Date Return 6 | Ten Year Return 35.45 | All Time Return 35.45 |
Forward Dividend Yield 0.049 | Payout Ratio 0.0235 | Forward Dividend Rate 1.16 | Dividend Date 2024-04-15 | Ex Dividend Date 2024-03-27 |
1 | Payment of 4518 shares by William Wagner of CareTrust REIT subject to Rule 16b-3 | 01/29/2024 |
2 | Current Analysis CareTrust REIT | 02/05/2024 |
3 | Acquisition by William Wagner of 46299 shares of CareTrust REIT subject to Rule 16b-3 | 02/06/2024 |
4 | Acquisition by Gregory Stapley of 45867 shares of CareTrust REIT subject to Rule 16b-3 | 02/23/2024 |
5 | CareTrust REIT, Inc. Shares Sold by Citigroup Inc. - AmericanBankingNEWS | 02/26/2024 |
6 | CareTrust REIT Sets New 12-Month High at 23.97 - MarketBeat | 03/13/2024 |
7 | CareTrust REIT Raises Quarterly Dividend to 0.29 per Share | 03/18/2024 |
8 | CareTrust Rewards Shareholders With Dividend Hike | 03/19/2024 |
9 | CareTrust REIT, Inc. Shares Bought by Raymond James Trust N.A. - Defense World | 03/25/2024 |
10 | CareTrust REIT Reaches New 52-Week High at 24.42 - Defense World | 03/28/2024 |
11 | CareTrust REIT Invests 60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities | 04/02/2024 |
12 | Global Retirement Partners LLC Boosts Holdings in CareTrust REIT, Inc. - Defense World | 04/09/2024 |
CareTrust REIT dividend paid on 15th of April 2024 | 04/15/2024 |
14 | Strs Ohio Reduces Stock Holdings in CareTrust REIT, Inc. - Defense World | 04/19/2024 |
Begin Period Cash Flow | 13.2 M |
CareTrust |
CareTrust REIT Relative Risk vs. Return Landscape
If you would invest 2,178 in CareTrust REIT on January 21, 2024 and sell it today you would earn a total of 191.00 from holding CareTrust REIT or generate 8.77% return on investment over 90 days. CareTrust REIT is currently generating 0.1412% in daily expected returns and assumes 1.4184% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of stocks are less volatile than CareTrust, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
CareTrust REIT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CareTrust REIT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CareTrust REIT, and traders can use it to determine the average amount a CareTrust REIT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0995
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Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average CareTrust REIT is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CareTrust REIT by adding it to a well-diversified portfolio.
CareTrust REIT Fundamentals Growth
CareTrust Stock prices reflect investors' perceptions of the future prospects and financial health of CareTrust REIT, and CareTrust REIT fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CareTrust Stock performance.
Return On Equity | 0.0474 | ||||
Return On Asset | 0.0456 | ||||
Profit Margin | 0.25 % | ||||
Operating Margin | 0.63 % | ||||
Current Valuation | 3.39 B | ||||
Shares Outstanding | 134.99 M | ||||
Price To Earning | 22.42 X | ||||
Price To Book | 2.25 X | ||||
Price To Sales | 14.67 X | ||||
Revenue | 198.6 M | ||||
Gross Profit | 182.92 M | ||||
EBITDA | 186.37 M | ||||
Net Income | 53.72 M | ||||
Cash And Equivalents | 30.27 M | ||||
Cash Per Share | 0.31 X | ||||
Total Debt | 595.6 M | ||||
Debt To Equity | 0.95 % | ||||
Current Ratio | 3.70 X | ||||
Book Value Per Share | 10.90 X | ||||
Cash Flow From Operations | 154.77 M | ||||
Earnings Per Share | 0.51 X | ||||
Market Capitalization | 3.2 B | ||||
Total Asset | 2.08 B | ||||
Retained Earnings | (467.63 M) | ||||
Working Capital | 239.33 M | ||||
Current Asset | 13.81 M | ||||
Current Liabilities | 16.97 M | ||||
About CareTrust REIT Performance
To evaluate CareTrust REIT Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CareTrust REIT generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CareTrust Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CareTrust REIT market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CareTrust's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 26.92 | 25.57 | |
Return On Tangible Assets | 0.03 | 0.02 | |
Return On Capital Employed | 0.08 | 0.05 | |
Return On Assets | 0.03 | 0.02 | |
Return On Equity | 0.04 | 0.03 |
Things to note about CareTrust REIT performance evaluation
Checking the ongoing alerts about CareTrust REIT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CareTrust REIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.CareTrust REIT has a strong financial position based on the latest SEC filings | |
Over 92.0% of the company shares are held by institutions such as insurance companies | |
On 15th of April 2024 CareTrust REIT paid $ 0.29 per share dividend to its current shareholders | |
Latest headline from news.google.com: Strs Ohio Reduces Stock Holdings in CareTrust REIT, Inc. - Defense World |
- Analyzing CareTrust REIT's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CareTrust REIT's stock is overvalued or undervalued compared to its peers.
- Examining CareTrust REIT's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CareTrust REIT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareTrust REIT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CareTrust REIT's stock. These opinions can provide insight into CareTrust REIT's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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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 0.51 | 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.