CareTrust REIT (NASDAQ:CTRE) Updates FY 2026 Earnings Guidance

CareTrust REIT (NASDAQ:CTRE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.900-1.95 for the period. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Royal Bank Of Canada increased their target price on shares of CareTrust REIT from $36.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. UBS Group raised their price objective on CareTrust REIT from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. KeyCorp upped their target price on CareTrust REIT from $36.00 to $40.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Citigroup started coverage on CareTrust REIT in a research report on Thursday, January 22nd. They issued a “market outperform” rating on the stock. Finally, Wells Fargo & Company upped their price objective on shares of CareTrust REIT from $38.00 to $41.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $39.00.

CareTrust REIT Price Performance

CareTrust REIT stock traded down $0.30 during mid-day trading on Friday, reaching $39.84. The company had a trading volume of 742,555 shares, compared to its average volume of 1,837,757. The business has a fifty day simple moving average of $37.10 and a 200 day simple moving average of $35.49. The company has a market cap of $8.90 billion, a P/E ratio of 50.47, a P/E/G ratio of 1.25 and a beta of 0.75. CareTrust REIT has a fifty-two week low of $24.79 and a fifty-two week high of $40.50. The company has a current ratio of 3.82, a quick ratio of 3.82 and a debt-to-equity ratio of 0.14.

CareTrust REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Wednesday, December 31st. CareTrust REIT’s dividend payout ratio is presently 100.00%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CTRE. Daiwa Securities Group Inc. grew its holdings in CareTrust REIT by 114.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,238,307 shares of the real estate investment trust’s stock worth $112,305,000 after acquiring an additional 1,728,043 shares during the last quarter. State Street Corp grew its stake in shares of CareTrust REIT by 11.7% in the third quarter. State Street Corp now owns 12,206,572 shares of the real estate investment trust’s stock worth $427,336,000 after purchasing an additional 1,277,378 shares during the last quarter. Zimmer Partners LP increased its holdings in CareTrust REIT by 140.8% in the third quarter. Zimmer Partners LP now owns 1,588,130 shares of the real estate investment trust’s stock valued at $55,076,000 after purchasing an additional 928,688 shares during the period. Adage Capital Partners GP L.L.C. acquired a new stake in CareTrust REIT in the second quarter valued at $22,491,000. Finally, Mackenzie Financial Corp raised its position in CareTrust REIT by 720.1% during the 3rd quarter. Mackenzie Financial Corp now owns 613,941 shares of the real estate investment trust’s stock worth $21,291,000 after purchasing an additional 539,080 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a healthcare-focused real estate investment trust that acquires and manages net-leased properties serving the senior housing and medical markets. The company’s portfolio spans skilled nursing facilities, assisted living communities, independent living properties, medical office buildings and life science facilities. By structuring leases on a triple-net basis, CareTrust REIT offers long-term, stable rental income streams while allowing its tenants to operate and maintain their specialized healthcare facilities.

The company’s assets are geographically diversified across the United States, with a concentration in regions experiencing aging demographics and growing demand for senior care services.