CareTrust REIT (NYSE:CTRE) Announces 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 -.

CareTrust REIT Price Performance

CTRE stock opened at $35.91 on Friday. The firm has a 50 day moving average of $39.37 and a 200-day moving average of $39.46. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 1.45 and a beta of 0.75. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.27. CareTrust REIT has a 12-month low of $32.79 and a 12-month high of $43.62.

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

CareTrust REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.56 annualized dividend and a yield of 4.3%. CareTrust REIT’s dividend payout ratio is 98.11%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Citigroup reaffirmed a “market outperform” rating on shares of CareTrust REIT in a research note on Wednesday, June 10th. Royal Bank Of Canada cut shares of CareTrust REIT from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $44.00 to $43.00 in a research report on Friday, August 14th. Weiss Ratings raised shares of CareTrust REIT from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, September 25th. Huntington began coverage on shares of CareTrust REIT in a research report on Thursday, September 10th. They issued an “outperform” rating and a $44.00 price target on the stock. Finally, KeyCorp reissued an “overweight” rating on shares of CareTrust REIT in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.50.

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.