CareTrust REIT, Inc. (NYSE:CTRE) Receives $44.82 Average Target Price from Analysts

Posted by Geri Gentry on Aug 6th, 2026

CareTrust REIT, Inc. (NYSE:CTRE – Get Free Report) has been given an average recommendation of “Moderate Buy” by the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $44.8182.

Several analysts have recently commented on the company. BMO Capital Markets raised their target price on CareTrust REIT from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Citigroup reiterated a “market outperform” rating on shares of CareTrust REIT in a report on Wednesday, June 10th. Raymond James Financial initiated coverage on CareTrust REIT in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $43.00 price objective for the company. Mizuho set a $45.00 price objective on CareTrust REIT in a report on Friday, May 22nd. Finally, Zacks Research raised CareTrust REIT from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th.

Read Our Latest Stock Analysis on CareTrust REIT

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. grew its holdings in CareTrust REIT by 7.5% during the fourth quarter. Principal Financial Group Inc. now owns 1,328,660 shares of the company’s stock worth $48,044,000 after buying an additional 93,101 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in CareTrust REIT by 6.4% during the 4th quarter. Sound Income Strategies LLC now owns 621,732 shares of the company’s stock worth $23,477,000 after acquiring an additional 37,503 shares during the last quarter. B&I Capital AG purchased a new position in CareTrust REIT during the 4th quarter worth $10,989,000. M&T Bank Corp bought a new stake in shares of CareTrust REIT in the 4th quarter worth $894,000. Finally, Jennison Associates LLC bought a new stake in shares of CareTrust REIT in the 4th quarter worth $1,156,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

CareTrust REIT Trading Up 0.8%

NYSE:CTRE opened at $41.16 on Friday. CareTrust REIT has a 12 month low of $31.92 and a 12 month high of $43.62. The company has a current ratio of 2.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $9.72 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 1.84 and a beta of 0.75. The firm has a fifty day simple moving average of $40.11 and a two-hundred day simple moving average of $39.49.

CareTrust REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.56 annualized dividend and a yield of 3.8%. CareTrust REIT’s dividend payout ratio is presently 100.00%.

About CareTrust REIT

(Get Free Report)

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.