CareTrust REIT Inc. (CTRE) Stock Forecast & Price Target
CareTrust REIT Inc. · NYSE
$42.73-0.23 (-0.55%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering CareTrust REIT Inc, 9 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $42.00 to $47.00, so the covering firms are broadly aligned. The average target of $44.75 sits 5% above the current $42.73. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 8 to 9 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.42 next quarter toward $1.74 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy990%
Hold110%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to CareTrust REIT Inc.
As of Jul, 9 of 10 firms rate CTRE a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CTRE EPS & revenue forecast
EPS · NEXT QUARTER
$0.42
Range $0.38 – $0.52 · 4 analysts · +28% YoY
Next period, 4 analysts expect CareTrust REIT Inc. to earn $0.42 a share (range $0.38 – $0.52), versus $0.33 a year earlier. Full-year consensus is $1.80, growing to $1.74 the year after.
REVENUE · NEXT QUARTER
$168.4M
Range $164.2M – $172.5M · 4 analysts · +27% YoY
Revenue is expected to reach $168.4M (range $164.2M – $172.5M), +27.1% year-over-year. Full-year consensus is $588.5M, rising to $690.2M next year.
Top analysts covering CareTrust REIT Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CTRE.
#1
Aaron Hecht
JMP Securities · Rank #221
Buy
$44.00+3.0% to target
Overall win rate
42%
+ Follow
#2
John Kilichowski
Wells Fargo
Buy
$47.00+10.0% to target
Coverage
—
+ Follow
#3
FG
Farrell Granath
Bank of America Securities
Buy
$49.00+14.7% to target
Coverage
—
+ Follow
#4
Vikram Malhotra
Mizuho
Buy
$45.00+5.3% to target
Coverage
—
+ Follow
#5
JC
Juan C. Sanabria
BMO Capital
Buy
$47.00+10.0% to target
Coverage
—
+ Follow
CTRE stock forecast FAQ
What is CTRE's average 12-month price target?+
The 4 analysts with a live target average $44.75 for CareTrust REIT Inc. over the next 12 months, ranging from a $47.00 high to a $42.00 low.
Is CTRE stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 9 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CTRE?+
The Street-high target is $47.00 (BMO Capital), and the Street-low is $42.00 (Mizuho). The average of all 4 active targets is $44.75.
How many Wall Street analysts cover CTRE?+
10 analysts have an active rating on CareTrust REIT Inc., and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering CTRE?+
Among analysts who currently cover CTRE, Aaron Hecht of JMP Securities has the strongest overall Quantellect track record (Rank #221). Their current call is Buy with a $44.00 target.
What is CareTrust REIT Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.42 per share (range $0.38 – $0.52) across 4 analysts. Full-year EPS is projected at $1.80, rising to $1.74 the following year.
How much revenue is CareTrust REIT Inc. expected to report next quarter?+
Consensus revenue is $168.4M (range $164.2M – $172.5M). Full-year revenue is projected at $588.5M, growing to $690.2M next year.
Have analysts been upgrading or downgrading CTRE lately?+
As of Jul, 9 of 10 firms rate CTRE a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CTRE calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
Raymond James
