CareTrust REIT (NYSE: CTRE) has recently received a number of price target changes and ratings updates:
- 6/10/2026 – CareTrust REIT had its “market outperform” rating reaffirmed by Citigroup Inc..
- 6/1/2026 – CareTrust REIT had its price target raised by Wells Fargo & Company from $42.00 to $47.00. They now have an “overweight” rating on the stock.
- 5/29/2026 – CareTrust REIT had its “overweight” rating reaffirmed by KeyCorp. They now have a $46.00 price target on the stock.
- 5/26/2026 – CareTrust REIT was downgraded by Weiss Ratings from “buy (a)” to “buy (a-)”.
- 5/25/2026 – CareTrust REIT was upgraded by Zacks Research from “strong sell” to “hold”.
- 5/22/2026 – CareTrust REIT was given a new $45.00 price target by Mizuho.
CareTrust REIT Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from CareTrust REIT’s previous quarterly dividend of $0.34. This represents a $1.56 annualized dividend and a yield of 4.2%. CareTrust REIT’s payout ratio is presently 100.00%.
Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.
Featured Articles
- Five stocks we like better than CareTrust REIT
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for CareTrust REIT Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CareTrust REIT Inc and related companies with MarketBeat.com's FREE daily email newsletter.
