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

Posted by Brenda Bartman on Aug 31st, 2026

CareTrust REIT, Inc. (NYSE:CTRE – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $44.8182.

Several brokerages recently issued reports on CTRE. Citigroup reissued a “market outperform” rating on shares of CareTrust REIT in a report on Wednesday, June 10th. Zacks Research upgraded CareTrust REIT from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. BMO Capital Markets boosted their target price on shares of CareTrust REIT from $46.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Wells Fargo & Company increased their price target on shares of CareTrust REIT from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Raymond James Financial assumed coverage on shares of CareTrust REIT in a report on Tuesday, June 16th. They issued an “outperform” rating and a $43.00 price target on the stock.

Get Our Latest Analysis on CTRE

Hedge Funds Weigh In On CareTrust REIT

Several institutional investors and hedge funds have recently bought and sold shares of CTRE. BlackRock Inc. purchased a new stake in shares of CareTrust REIT during the 2nd quarter valued at $1,643,290,000. California State Teachers Retirement System grew its stake in CareTrust REIT by 3,830.4% during the 2nd quarter. California State Teachers Retirement System now owns 10,507,301 shares of the company’s stock worth $423,970,000 after buying an additional 10,239,968 shares during the last quarter. Deutsche Bank AG acquired a new position in CareTrust REIT during the 2nd quarter valued at about $143,963,000. T. Rowe Price Investment Management Inc. raised its stake in CareTrust REIT by 108.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,493,898 shares of the company’s stock valued at $234,820,000 after buying an additional 3,379,732 shares during the last quarter. Finally, Norges Bank purchased a new stake in CareTrust REIT in the fourth quarter valued at about $114,810,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

CareTrust REIT Stock Performance

Shares of CareTrust REIT stock opened at $39.02 on Wednesday. The firm has a market cap of $9.22 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.54 and a beta of 0.75. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.27. CareTrust REIT has a 12 month low of $32.79 and a 12 month high of $43.62. The stock’s fifty day moving average price is $40.71 and its 200-day moving average price is $39.78.

CareTrust REIT (NYSE:CTRE – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.51. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. The company had revenue of $161.35 million during the quarter. CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. On average, equities research analysts expect that CareTrust REIT will post 2.05 earnings per share for the current fiscal year.

CareTrust REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a yield of 4.0%. CareTrust REIT’s dividend payout ratio is presently 98.11%.

CareTrust REIT Company Profile

(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.