CareTrust REIT (NYSE:CTRE) Releases FY 2026 Earnings Guidance

CareTrust REIT (NYSE:CTRE) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.060-2.090 for the period. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

CTRE has been the subject of several recent analyst reports. Weiss Ratings raised CareTrust REIT from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, September 25th. Huntington started coverage on shares of CareTrust REIT in a research note on Thursday, September 10th. They set an “outperform” rating and a $44.00 price objective for the company. BMO Capital Markets upped their target price on shares of CareTrust REIT from $46.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Cantor Fitzgerald raised their price target on shares of CareTrust REIT from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Finally, KeyCorp restated an “overweight” rating on shares of CareTrust REIT in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

CareTrust REIT Price Performance

CTRE stock opened at $36.27 on Friday. The firm has a market capitalization of $8.57 billion, a P/E ratio of 22.81, a price-to-earnings-growth ratio of 1.42 and a beta of 0.75. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.27. The company has a fifty day simple moving average of $39.23 and a two-hundred day simple moving average of $39.43. CareTrust REIT has a 52 week low of $32.79 and a 52 week high of $43.62.

CareTrust REIT (NYSE:CTRE) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.51. The business had revenue of $161.35 million for the quarter. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. Analysts anticipate that CareTrust REIT will post 2.04 earnings per share for the current fiscal year.

CareTrust REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.56 dividend on an annualized basis and a yield of 4.3%. CareTrust REIT’s dividend payout ratio (DPR) is presently 98.11%.

Key Stories Impacting CareTrust REIT

Here are the key news stories impacting CareTrust REIT this week:

• Positive Sentiment: Large U.K. expansion: CareTrust agreed to acquire 45 newly built U.K. care homes from LNT Care Developments for approximately £1.1 billion, or roughly $1.4–$1.45 billion. The transaction is intended to create a significant senior housing operating portfolio (SHOP) platform and expands the company’s presence in the U.K. care market. CareTrust Announces Strategic SHOP Pipeline Agreement
• Positive Sentiment: Raised 2026 outlook: The company increased its 2026 normalized funds from operations (FFO) guidance to $2.06–$2.09 per share, up from its previous $2.03–$2.06 range. The improved forecast signals greater confidence in earnings growth and supports the investment case for the REIT. CareTrust 2026 Normalized FFO Guidance
• Neutral Sentiment: Favorable sector backdrop: An article highlighted aging demographics and limited new senior-housing construction as long-term supports for senior-housing REITs, including CTRE. However, these are broad industry trends rather than a new company-specific catalyst. Senior Housing REITs for Income Investors
• Negative Sentiment: Execution and financing risk: The acquisition’s substantial size introduces potential integration, funding, currency and execution risks. Investors may also monitor whether the new properties generate the anticipated cash flow and how the transaction affects leverage.

About CareTrust REIT

CareTrust REIT, Inc is a real estate investment trust that owns, acquires, develops, and leases healthcare-related properties. Its portfolio is primarily focused on skilled nursing facilities, assisted living communities, and other post-acute care properties operated by third-party healthcare providers.

The company generally leases its properties under long-term agreements, including triple-net leases, under which tenants are typically responsible for property-level expenses such as taxes, insurance, and maintenance.