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

CareTrust REIT (NYSE:CTRE) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.030-2.060 for the period. The company issued revenue guidance of -.

CareTrust REIT Trading Up 0.2%

CTRE traded up $0.09 on Friday, hitting $41.22. The company had a trading volume of 1,934,153 shares, compared to its average volume of 2,088,146. The firm has a market cap of $9.74 billion, a P/E ratio of 25.92, a PEG ratio of 1.85 and a beta of 0.75. CareTrust REIT has a 1 year low of $32.25 and a 1 year high of $43.62. The company’s fifty day moving average price is $40.11 and its 200 day moving average price is $39.53. The company has a current ratio of 2.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.22.

CareTrust REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. CareTrust REIT’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CTRE. Zacks Research upgraded shares of CareTrust REIT from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Raymond James Financial started coverage on CareTrust REIT in a research note on Tuesday, June 16th. They set an “outperform” rating and a $43.00 target price on the stock. Wells Fargo & Company lifted their target price on CareTrust REIT from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. KeyCorp reissued an “overweight” rating and set a $46.00 price target on shares of CareTrust REIT in a research report on Friday, May 29th. Finally, Citigroup restated a “market outperform” rating on shares of CareTrust REIT in a report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $44.82.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CTRE. Kemnay Advisory Services Inc. purchased a new stake in CareTrust REIT during the fourth quarter worth approximately $27,000. Transamerica Financial Advisors LLC increased its stake in CareTrust REIT by 520.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 868 shares of the company’s stock valued at $32,000 after purchasing an additional 728 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in 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 in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of CareTrust REIT during the 4th quarter worth approximately $40,000. Finally, Brown Brothers Harriman & Co. lifted its position in shares of CareTrust REIT by 547.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,250 shares of the company’s stock worth $45,000 after buying an additional 1,057 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

About CareTrust REIT

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.