CareTrust REIT (NASDAQ:CTRE) Releases 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 -.

CareTrust REIT Stock Up 1.8%

NASDAQ CTRE traded up $0.73 during trading on Thursday, reaching $40.12. 2,485,022 shares of the company’s stock were exchanged, compared to its average volume of 1,876,546. 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 has a fifty-two week low of $24.79 and a fifty-two week high of $40.41. The company’s fifty day simple moving average is $37.05 and its 200-day simple moving average is $35.45. The firm has a market capitalization of $8.96 billion, a PE ratio of 50.78, a P/E/G ratio of 1.25 and a beta of 0.75.

CareTrust REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.335 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.34 dividend on an annualized basis and a yield of 3.3%. CareTrust REIT’s payout ratio is 100.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group set a $44.00 price objective on shares of CareTrust REIT in a research note on Thursday, January 22nd. Wells Fargo & Company increased their price objective on CareTrust REIT from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Royal Bank Of Canada upped their target price on CareTrust REIT from $36.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. Jefferies Financial Group boosted their price objective on shares of CareTrust REIT from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Finally, KeyCorp raised their target price on shares of CareTrust REIT from $36.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, CareTrust REIT presently has an average rating of “Moderate Buy” and an average target price of $39.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its position in shares of CareTrust REIT by 134.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 644 shares in the last quarter. Brown Brothers Harriman & Co. increased its position in CareTrust REIT by 547.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 1,250 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 1,057 shares during the period. Binnacle Investments Inc lifted its holdings in CareTrust REIT by 59.7% in the third quarter. Binnacle Investments Inc now owns 1,693 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 633 shares during the period. CIBC Private Wealth Group LLC bought a new stake in shares of CareTrust REIT during the 3rd quarter valued at $63,000. Finally, Parallel Advisors LLC lifted its stake in shares of CareTrust REIT by 75.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,926 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 826 shares during the period. Institutional investors and hedge funds 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.