Latest news with #CareTrustREIT
Business Insider
4 days ago
- Business
- Business Insider
Bank of America Securities Sticks to Its Buy Rating for CareTrust REIT (CTRE)
Bank of America Securities analyst Jeffrey Spector reiterated a Buy rating on CareTrust REIT on July 8 and set a price target of $32.00. The company's shares closed yesterday at $30.73. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Spector is a 3-star analyst with an average return of 3.2% and a 46.63% success rate. Spector covers the Real Estate sector, focusing on stocks such as Agree Realty, Cousins Properties, and Welltower. Currently, the analyst consensus on CareTrust REIT is a Moderate Buy with an average price target of $31.83. The company has a one-year high of $33.15 and a one-year low of $24.79. Currently, CareTrust REIT has an average volume of 1.68M.
Yahoo
05-07-2025
- Business
- Yahoo
CareTrust REIT (CTRE) is an Incredible Growth Stock: 3 Reasons Why
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. CareTrust REIT (CTRE) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. While there are numerous reasons why the stock of this health care real estate investment trust is a great growth pick right now, we have highlighted three of the most important factors below: Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for CareTrust REIT is 1.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 20.9% this year, crushing the industry average, which calls for EPS growth of 0.8%. Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for CareTrust REIT is 67.6%, which is higher than many of its peers. In fact, the rate compares to the industry average of 2.7%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 12.5% over the past 3-5 years versus the industry average of 3.1%. Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. There have been upward revisions in current-year earnings estimates for CareTrust REIT. The Zacks Consensus Estimate for the current year has surged 0.5% over the past month. While the overall earnings estimate revisions have made CareTrust REIT a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination indicates that CareTrust REIT is a potential outperformer and a solid choice for growth investors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CareTrust REIT, Inc. (CTRE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
18-06-2025
- Business
- Yahoo
3 Reasons Growth Investors Will Love CareTrust REIT (CTRE)
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. CareTrust REIT (CTRE) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. While there are numerous reasons why the stock of this health care real estate investment trust is a great growth pick right now, we have highlighted three of the most important factors below: Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for CareTrust REIT is 1.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 20.5% this year, crushing the industry average, which calls for EPS growth of 0.7%. Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for CareTrust REIT is 67.6%, which is higher than many of its peers. In fact, the rate compares to the industry average of 2.8%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 12.5% over the past 3-5 years versus the industry average of 3.1%. Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. There have been upward revisions in current-year earnings estimates for CareTrust REIT. The Zacks Consensus Estimate for the current year has surged 0.6% over the past month. CareTrust REIT has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination positions CareTrust REIT well for outperformance, so growth investors may want to bet on it. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CareTrust REIT, Inc. (CTRE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
CareTrust REIT Announces Quarterly Dividend of $0.335 per Share
SAN CLEMENTE, Calif., June 16, 2025--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.335 per common share. The current dividend will be payable to common stockholders of record as of the close of business on June 30, 2025. The Company intends to pay the dividend on or about July 15, 2025. About CareTrust REITTM 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 and internationally. More information about CareTrust REIT is available at View source version on Contacts CareTrust REIT, Inc.(949) 542-3130ir@ Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
CareTrust REIT Announces Quarterly Dividend of $0.335 per Share
SAN CLEMENTE, Calif., June 16, 2025--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.335 per common share. The current dividend will be payable to common stockholders of record as of the close of business on June 30, 2025. The Company intends to pay the dividend on or about July 15, 2025. About CareTrust REITTM 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 and internationally. More information about CareTrust REIT is available at View source version on Contacts CareTrust REIT, Inc.(949) 542-3130ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
