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

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group raised their target price on CareTrust REIT from $44.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Royal Bank Of Canada lifted their price objective on CareTrust REIT from $41.00 to $44.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Citigroup assumed coverage on CareTrust REIT in a research note on Thursday, January 22nd. They issued a “market outperform” rating on the stock. Cantor Fitzgerald lifted their price objective on CareTrust REIT from $37.00 to $42.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company lifted their price objective on CareTrust REIT from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $42.82.

CareTrust REIT Stock Down 0.0%

Shares of CTRE opened at $39.47 on Friday. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $38.97 and a two-hundred day moving average price of $37.69. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 2.64 and a beta of 0.77. CareTrust REIT has a 12 month low of $27.72 and a 12 month high of $41.72.

CareTrust REIT (NYSE:CTRE) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03. CareTrust REIT had a return on equity of 8.98% and a net margin of 67.28%.The firm had revenue of $134.86 million for the quarter. CareTrust REIT has set its FY 2026 guidance at 1.900-1.95 EPS. Equities analysts predict that CareTrust REIT will post 1.98 EPS for the current fiscal year.

CareTrust REIT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.39 dividend. This is an increase from CareTrust REIT’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.0%. CareTrust REIT’s dividend payout ratio (DPR) is currently 86.45%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Tocqueville Asset Management L.P. lifted its stake in shares of CareTrust REIT by 2.8% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 10,900 shares of the company’s stock valued at $378,000 after purchasing an additional 300 shares during the period. UMB Bank n.a. increased its position in shares of CareTrust REIT by 25.3% in the 4th quarter. UMB Bank n.a. now owns 1,525 shares of the company’s stock valued at $55,000 after buying an additional 308 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of CareTrust REIT by 0.9% in the 4th quarter. NewEdge Advisors LLC now owns 36,044 shares of the company’s stock valued at $1,303,000 after buying an additional 318 shares in the last quarter. Binnacle Investments Inc increased its position in shares of CareTrust REIT by 59.7% in the 3rd quarter. Binnacle Investments Inc now owns 1,693 shares of the company’s stock valued at $59,000 after buying an additional 633 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of CareTrust REIT by 134.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company’s stock valued at $34,000 after buying an additional 644 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

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.