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

CareTrust REIT (NYSE:CTRE) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.000-2.040 for the period. The company issued revenue guidance of -.

CareTrust REIT Stock Performance

Shares of NYSE CTRE opened at $41.49 on Friday. The business has a fifty day simple moving average of $38.97 and a 200 day simple moving average of $37.69. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $9.26 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 2.64 and a beta of 0.77. CareTrust REIT has a one year low of $27.72 and a one year high of $41.72.

CareTrust REIT (NYSE:CTRE) last issued its earnings results on Thursday, February 12th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $134.86 million during the quarter. CareTrust REIT had a return on equity of 8.86% and a net margin of 64.10%.CareTrust REIT has set its FY 2026 guidance at 1.900-1.95 EPS. Sell-side analysts expect that CareTrust REIT will post 1.98 EPS for the current year.

CareTrust REIT Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.39 dividend. The ex-dividend date was Tuesday, March 31st. This is a positive change from CareTrust REIT’s previous quarterly dividend of $0.34. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.8%. CareTrust REIT’s dividend payout ratio is currently 85.90%.

Wall Street Analyst Weigh In

CTRE has been the subject of a number of recent research reports. Weiss Ratings upgraded CareTrust REIT from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, January 26th. The Goldman Sachs Group set a $44.00 target price on CareTrust REIT in a research note on Thursday, January 22nd. BMO Capital Markets upgraded CareTrust REIT from a “hold” rating to an “outperform” rating and set a $43.00 target price for the company in a research note on Friday, January 9th. Mizuho began coverage on CareTrust REIT in a research note on Thursday, April 2nd. They issued an “outperform” rating and a $42.00 target price for the company. Finally, Cantor Fitzgerald upped their price target on CareTrust REIT from $37.00 to $42.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $42.82.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CTRE. Tocqueville Asset Management L.P. grew its holdings in shares of CareTrust REIT by 2.8% during the third quarter. Tocqueville Asset Management L.P. now owns 10,900 shares of the company’s stock worth $378,000 after purchasing an additional 300 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of CareTrust REIT by 25.3% during the fourth quarter. UMB Bank n.a. now owns 1,525 shares of the company’s stock worth $55,000 after purchasing an additional 308 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of CareTrust REIT by 0.9% during the fourth quarter. NewEdge Advisors LLC now owns 36,044 shares of the company’s stock worth $1,303,000 after purchasing an additional 318 shares during the last quarter. Binnacle Investments Inc grew its holdings in shares of CareTrust REIT by 59.7% during the third quarter. Binnacle Investments Inc now owns 1,693 shares of the company’s stock worth $59,000 after purchasing an additional 633 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of CareTrust REIT by 134.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company’s stock worth $34,000 after purchasing an additional 644 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.