Streetbeat News

CTRE

CareTrust REIT, Inc.

https://www.caretrustreit.com

Industry

REIT - Healthcare Facilities

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.

Open

27.74

Mkt cap

5.3B

Volume

1.9M

High

28.47

P/E Ratio

35.53

52-wk high

33.15

Low

27.71

Div yield

0.04

52-wk low

23.26

CareTrust REIT, Inc. (NYSE: CTRE) has announced an $817 million cash acquisition of Care REIT plc, with an agreement to pay 108 pence per share. This acquisition is facilitated through CR United Bidco Ltd, a subsidiary of CareTrust.

Portfolio Pulse from

March 11, 2025 | 7:30 am

CareTrust REIT, Inc. (CTRE) held its Q4 2024 earnings call on February 13, 2025, with key company executives and several analysts participating.

Portfolio Pulse from

February 13, 2025 | 10:00 pm

CareTrust REIT (CTRE) reported Q4 funds from operations (FFO) of $0.40 per share, matching the Zacks Consensus Estimate and showing growth from $0.36 per share a year ago.

Portfolio Pulse from

February 13, 2025 | 12:15 am

CareTrust REIT has announced its fourth quarter and full year 2024 operating results.

Portfolio Pulse from

February 12, 2025 | 9:30 pm

The article discusses the potential performance of CareTrust REIT (CTRE) for Q4 2024, focusing on key metrics beyond Wall Street's top and bottom-line estimates.

Portfolio Pulse from

February 10, 2025 | 3:30 pm

CareTrust REIT has scheduled its fourth quarter earnings call for February 13, 2025. Investors will be looking for insights into the company's financial performance and future outlook.

Portfolio Pulse from

February 06, 2025 | 7:00 pm

CareTrust REIT is highlighted as a growth and cashflow engine, serving a vital societal need. The article likely discusses the company's role in the healthcare real estate sector, focusing on its financial performance and strategic importance.

Portfolio Pulse from

January 16, 2025 | 3:15 pm

CareTrust REIT has announced the appointment of a new Chief Accounting Officer and Senior Vice President of Investments, along with other promotions.

Portfolio Pulse from

January 02, 2025 | 11:15 am

CareTrust REIT (CTRE) has experienced a significant decline of 8.29% over the past four weeks, leading to an oversold status. This, along with positive revisions in earnings estimates by Wall Street analysts, suggests a potential trend reversal for the stock.

Portfolio Pulse from

December 27, 2024 | 3:45 pm

CareTrust REIT is recommended as a buy for long-term investors due to its strong fundamentals, significant acquisitions, and recent price pullback. The REIT's acquisition spree in 2023 has boosted FFO and revenue, and its strong balance sheet and low leverage suggest potential for further growth.

Portfolio Pulse from

December 18, 2024 | 12:30 pm

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