CareTrust REIT (NYSE:CTRE) Price Target Raised to $46.00

CareTrust REIT (NYSE:CTRE) had its price objective hoisted by equities researchers at UBS Group from $44.00 to $46.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group‘s price target would suggest a potential upside of 19.10% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded CareTrust REIT from a “hold” rating to a “sell” rating in a report on Saturday. Raymond James Financial reissued an “outperform” rating and set a $41.00 price objective on shares of CareTrust REIT in a research report on Tuesday. BMO Capital Markets dropped their target price on shares of CareTrust REIT from $47.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, October 5th. Citigroup reaffirmed a “market outperform” rating on shares of CareTrust REIT in a research report on Tuesday, October 13th. Finally, Cantor Fitzgerald increased their price target on shares of CareTrust REIT from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $43.71.

CareTrust REIT Stock Down 0.6%

Shares of NYSE:CTRE traded down $0.22 during trading on Wednesday, hitting $38.62. The stock had a trading volume of 1,048,987 shares, compared to its average volume of 2,548,408. CareTrust REIT has a 12 month low of $34.74 and a 12 month high of $43.62. The company has a market capitalization of $9.95 billion, a PE ratio of 24.29, a PEG ratio of 1.38 and a beta of 0.77. The firm’s fifty day moving average is $37.27 and its 200 day moving average is $39.00. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CareTrust REIT (NYSE:CTRE) last released its earnings results on Thursday, November 5th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. CareTrust REIT had a return on equity of 8.08% and a net margin of 59.18%. The company had revenue of $176.36 million during the quarter. Analysts anticipate that CareTrust REIT will post 2.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in CareTrust REIT in the second quarter worth $1,643,290,000. Deutsche Bank AG bought a new position in shares of CareTrust REIT during the second quarter valued at $143,963,000. Bank of New York Mellon Corp purchased a new position in shares of CareTrust REIT in the 2nd quarter worth about $102,162,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of CareTrust REIT by 35,170.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,411,896 shares of the company’s stock worth $56,970,000 after purchasing an additional 1,407,893 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of CareTrust REIT in the 2nd quarter worth about $46,866,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Key Headlines Impacting CareTrust REIT

Investors following CTRE have been watching these headlines:

• Positive Sentiment: Huntington reiterated an Outperform rating and a $44 price target. Its estimates project EPS growth from $2.05 in FY2026 to $2.31 in FY2027 and $2.43 in FY2028, suggesting an improving earnings outlook. The FY2026 estimate is slightly below the cited $2.07 consensus, tempering the near-term signal. MarketBeat coverage
• Neutral Sentiment: A separate article discusses CTRE in the context of rotational-strategy timing, but the provided headline does not disclose a specific recommendation or catalyst. How CareTrust REIT Affects Rotational Strategy Timing

About CareTrust REIT

CareTrust REIT, Inc. is a real estate investment trust that owns and invests in healthcare-related properties, with a focus on skilled nursing facilities and senior housing. Its portfolio also includes assisted living and other properties that serve older adults and people requiring healthcare services. The company primarily works with healthcare operators through long-term property leases and other real estate investments. CareTrust’s properties are located across the United States, and the company has expanded its investments into the United Kingdom.