CareTrust REIT Inc [NYSE: CTRE] plunged by -$0.33 during the normal trading session on Thursday and reaching a high of $31.105 during the day while it closed the day at $30.64.
CareTrust REIT Inc stock has also loss -0.20% of its value over the past 7 days. However, CTRE stock has inclined by 14.97% in the 3 months of the year. Over the past six months meanwhile, it has gained 16.15% and gained 18.54% year-on date.
The market cap for CTRE stock reached $5.87 billion, with 191.69 million shares outstanding and 190.59 million shares in the current float. Compared to the average trading volume of 1.64M shares, CTRE reached a trading volume of 4165189 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about CareTrust REIT Inc [CTRE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTRE shares is $32.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTRE stock is a recommendation set at 1.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for CareTrust REIT Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 13, 2025. While these analysts kept the previous recommendation, Wedbush dropped their target price from $34 to $26. The new note on the price target was released on January 02, 2025, representing the official price target for CareTrust REIT Inc stock. Previously, the target price had yet another drop from $34 to $32, while BMO Capital Markets kept a Market Perform rating on CTRE stock. On October 01, 2024, analysts increased their price target for CTRE shares from 28 to 34.
The Price to Book ratio for the last quarter was 1.96, with the Price to Cash per share for the same quarter was set at 3.30. Price to Free Cash Flow for CTRE in the course of the last twelve months was 22.86 with Quick ratio for the last quarter at 11.86.
CTRE stock trade performance evaluation
CareTrust REIT Inc [CTRE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.20. With this latest performance, CTRE shares gained by 6.76% in over the last four-week period, additionally plugging by 16.15% over the last 6 months – not to mention a rise of 13.27% in the past year of trading.
CareTrust REIT Inc [CTRE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and CareTrust REIT Inc [CTRE] shares currently have an operating margin of 63.09% and a Gross Margin at 77.41%. CareTrust REIT Inc’s Net Margin is presently recorded at 48.99%.
Return on Equity for this stock inclined to 5.19%, with Return on Assets sitting at 5.19%.
Earnings per share (EPS) analysis for CareTrust REIT Inc [CTRE] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTRE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CareTrust REIT Inc go to 22.84%.
CareTrust REIT Inc [CTRE]: Institutional Ownership
There are presently around $96.03%, or 96.56% of CTRE stock, in the hands of institutional investors. The top three institutional holders of CTRE stocks are: BLACKROCK INC. with ownership of 26.94 million shares, which is approximately 18.5935%. VANGUARD GROUP INC, holding 21.88 million shares of the stock with an approximate value of $$549.09 million in CTRE stocks shares; and VANGUARD GROUP INC, currently with $$304.41 million in CTRE stock with ownership which is approximately 8.37%.
