Caretrust REIT (NYSE:CTRE) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Caretrust REIT (NYSE:CTRE) from a buy rating to a hold rating in a research report released on Saturday.

Caretrust REIT Stock Performance

CTRE stock opened at $28.15 on Friday. Caretrust REIT has a 12-month low of $24.35 and a 12-month high of $33.15. The stock has a market capitalization of $5.40 billion, a P/E ratio of 30.60 and a beta of 0.83.

Caretrust REIT Company Profile

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.