CareTrust REIT (NASDAQ:CTRE) Updates FY 2026 Earnings Guidance

CareTrust REIT (NASDAQ:CTRE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.900-1.95 for the period. The company issued revenue guidance of -.

CareTrust REIT Price Performance

CTRE stock traded up $0.73 during trading hours on Thursday, hitting $40.12. 2,485,022 shares of the stock traded hands, compared to its average volume of 1,876,546. The company has a current ratio of 3.82, a quick ratio of 3.82 and a debt-to-equity ratio of 0.14. The stock has a 50-day simple moving average of $37.05 and a 200 day simple moving average of $35.45. CareTrust REIT has a one year low of $24.79 and a one year high of $40.41. The company has a market cap of $8.96 billion, a P/E ratio of 50.78, a P/E/G ratio of 1.25 and a beta of 0.75.

CareTrust REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.335 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.34 annualized dividend and a dividend yield of 3.3%. CareTrust REIT’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

CTRE has been the subject of several research reports. Jefferies Financial Group raised their price objective on CareTrust REIT from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Royal Bank Of Canada lifted their price target on CareTrust REIT from $36.00 to $41.00 and gave the stock an “outperform” rating in a research note on Monday, November 10th. Citigroup started coverage on shares of CareTrust REIT in a report on Thursday, January 22nd. They issued a “market outperform” rating for the company. The Goldman Sachs Group set a $44.00 target price on shares of CareTrust REIT in a research report on Thursday, January 22nd. Finally, Citizens Jmp initiated coverage on shares of CareTrust REIT in a research report on Thursday, January 22nd. They issued a “market outperform” rating and a $44.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Institutional Investors Weigh In On CareTrust REIT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CTRE. Daiwa Securities Group Inc. increased its holdings in shares of CareTrust REIT by 114.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,238,307 shares of the real estate investment trust’s stock valued at $112,305,000 after acquiring an additional 1,728,043 shares during the last quarter. State Street Corp boosted its position in CareTrust REIT by 11.7% during the third quarter. State Street Corp now owns 12,206,572 shares of the real estate investment trust’s stock worth $427,336,000 after purchasing an additional 1,277,378 shares during the period. Zimmer Partners LP grew its holdings in CareTrust REIT by 140.8% during the third quarter. Zimmer Partners LP now owns 1,588,130 shares of the real estate investment trust’s stock valued at $55,076,000 after purchasing an additional 928,688 shares during the last quarter. Adage Capital Partners GP L.L.C. bought a new position in shares of CareTrust REIT in the second quarter valued at approximately $22,491,000. Finally, Mackenzie Financial Corp lifted its stake in shares of CareTrust REIT by 720.1% in the third quarter. Mackenzie Financial Corp now owns 613,941 shares of the real estate investment trust’s stock worth $21,291,000 after buying an additional 539,080 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 healthcare-focused real estate investment trust that acquires and manages net-leased properties serving the senior housing and medical markets. The company’s portfolio spans skilled nursing facilities, assisted living communities, independent living properties, medical office buildings and life science facilities. By structuring leases on a triple-net basis, CareTrust REIT offers long-term, stable rental income streams while allowing its tenants to operate and maintain their specialized healthcare facilities.

The company’s assets are geographically diversified across the United States, with a concentration in regions experiencing aging demographics and growing demand for senior care services.