CareTrust REIT is a reit - healthcare facilities business based in the US. CareTrust REIT shares (CTRE) are listed on the NYSE and all prices are listed in US Dollars. CareTrust REIT employs 17 staff and has a trailing 12-month revenue of around $230.2 million.
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| Latest market close | $26.25 |
|---|---|
| 52-week range | $18.48 - $27.32 |
| 50-day moving average | $25.45 |
| 200-day moving average | $23.38 |
| Wall St. target price | $27.33 |
| PE ratio | 50.5094 |
| Dividend yield | $1.13 (4.33%) |
| Earnings per share (TTM) | $0.53 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $26.25 from 2024-07-25
| 1 week (2024-07-19) | -1.94% |
|---|---|
| 1 month (2024-06-27) | 6.53% |
| 3 months (2024-04-26) | 7.98% |
| 6 months (2024-01-26) | 21.92% |
| 1 year (2023-07-27) | 25.48% |
|---|---|
| 2 years (2022-07-27) | 30.92% |
| 3 years (2021-07-27) | 8.20% |
| 5 years (2019-07-26) | 24.23% |
Valuing CareTrust REIT stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CareTrust REIT's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CareTrust REIT's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 51x. In other words, CareTrust REIT shares trade at around 51x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CareTrust REIT's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.26. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CareTrust REIT's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CareTrust REIT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $195.5 million.
The EBITDA is a measure of a CareTrust REIT's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $230.2 million |
|---|---|
| Operating margin TTM | 63.93% |
| Gross profit TTM | $182.9 million |
| Return on assets TTM | 4.53% |
| Return on equity TTM | 5.03% |
| Profit margin | 27.47% |
| Book value | $11.81 |
| Market Capitalization | $3.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 2.24% of net profits
Recently CareTrust REIT has paid out, on average, around 2.24% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CareTrust REIT shareholders could enjoy a 4.33% return on their shares, in the form of dividend payments. In CareTrust REIT's case, that would currently equate to about $1.13 per share.
While CareTrust REIT's payout ratio might seem low, this can signify that CareTrust REIT is investing more in its future growth.
CareTrust REIT's most recent dividend payout was on 14 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2024 (the "ex-dividend date").
Over the last 12 months, CareTrust REIT's shares have ranged in value from as little as $18.4821 up to $27.32. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CareTrust REIT's is 1.11. This would suggest that CareTrust REIT's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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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