Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
CTRE logo CTRE
Upturn stock ratingUpturn stock rating
CTRE logo

CareTrust REIT Inc. (CTRE)

Upturn stock ratingUpturn stock rating
$30.6
Last Close (24-hour delay)
Today's Top PicksToday’s top pick
Profit since last BUY7.44%
upturn advisory
Strong Buy
BUY since 72 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/27/2025: CTRE (3-star) is a STRONG-BUY. BUY since 72 days. Profits (7.44%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

9 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $31.89

Year Target Price $31.89

Analyst’s Price TargetsFor last 52 week
$31.89Target price
Low$24.17
Current$30.6
high$32.41

Analysis of Past Performance

Type Stock
Historic Profit 33.13%
Avg. Invested days 62
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.87B USD
Price to earnings Ratio 32.9
1Y Target Price 32.4
Price to earnings Ratio 32.9
1Y Target Price 32.4
Volume (30-day avg) -
Beta 0.86
52 Weeks Range 24.17 - 32.41
Updated Date 06/29/2025
52 Weeks Range 24.17 - 32.41
Updated Date 06/29/2025
Dividends yield (FY) 4.38%
Basic EPS (TTM) 0.93

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 49.16%
Operating Margin (TTM) 69.95%

Management Effectiveness

Return on Assets (TTM) 4.4%
Return on Equity (TTM) 6.96%

Valuation

Trailing PE 32.9
Forward PE 12.97
Enterprise Value 6661322308
Price to Sales(TTM) 17.78
Enterprise Value 6661322308
Price to Sales(TTM) 17.78
Enterprise Value to Revenue 27.03
Enterprise Value to EBITDA 26.56
Shares Outstanding 191688992
Shares Floating 190565699
Shares Outstanding 191688992
Shares Floating 190565699
Percent Insiders 0.54
Percent Institutions 96.1

Analyst Ratings

Rating 4.22
Target Price 31.89
Buy 1
Strong Buy 6
Buy 1
Strong Buy 6
Hold 1
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

CareTrust REIT Inc.

stock logo

Company Overview

overview logo History and Background

CareTrust REIT, Inc. was founded in 2014 as a spin-off from Ensign Group. It focuses on investing in healthcare-related properties, primarily skilled nursing facilities, assisted living facilities, and independent living facilities. The company has grown through acquisitions and strategic partnerships.

business area logo Core Business Areas

  • Real Estate Investment: CareTrust REIT invests in income-producing healthcare properties, primarily skilled nursing and senior housing facilities. They lease these properties to healthcare operators.

leadership logo Leadership and Structure

CareTrust REIT is led by a management team with experience in healthcare real estate. The company is structured as a real estate investment trust (REIT).

Top Products and Market Share

overview logo Key Offerings

  • Skilled Nursing Facilities (SNFs): Leasing skilled nursing facilities is CareTrust's core business. Market share is difficult to pinpoint precisely but given the highly fragmented nature of SNF ownership and operation, CareTrust controls a small but meaningful percentage of the overall market (estimated to be under 5%). Competitors: Omega Healthcare Investors (OHI), National Health Investors (NHI), Sabra Health Care REIT (SBRA).
  • Senior Housing (Assisted Living, Independent Living): CareTrust also leases assisted living and independent living facilities. These represent a smaller portion of their portfolio compared to SNFs. Market Share estimated less than 2%. Competitors: Welltower (WELL), Ventas (VTR), Healthpeak Properties (PEAK).

Market Dynamics

industry overview logo Industry Overview

The healthcare real estate market is driven by demographic trends, particularly the aging population. Increased demand for senior housing and skilled nursing is expected. Changes in reimbursement models and regulatory oversight also impact the industry.

Positioning

CareTrust REIT focuses on a specific segment of the healthcare real estate market, primarily SNFs and senior housing. Their strategy involves partnering with strong regional operators.

Total Addressable Market (TAM)

The total addressable market for healthcare real estate is estimated to be in the hundreds of billions of dollars. CareTrust is positioned to capture a small but significant portion of this TAM through strategic acquisitions and partnerships.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Focus on a specific niche within healthcare real estate
  • Strategic partnerships with regional operators
  • Relatively young portfolio

Weaknesses

  • Concentration in skilled nursing facilities exposes them to regulatory and reimbursement risks
  • Smaller size compared to larger healthcare REITs
  • Reliance on operators' ability to manage facilities effectively
  • Sensitivity to interest rate changes

Opportunities

  • Aging population drives demand for healthcare facilities
  • Potential for acquisitions and portfolio growth
  • Expanding into complementary healthcare real estate sectors
  • Improved operator performance leading to increased rental revenue

Threats

  • Changes in government reimbursement policies (Medicare, Medicaid)
  • Increased regulatory scrutiny
  • Operator financial distress
  • Rising interest rates increase borrowing costs
  • Economic downturn affecting occupancy rates

Competitors and Market Share

competitor logo Key Competitors

  • OHI
  • NHI
  • SBRA
  • WELL
  • VTR
  • PEAK

Competitive Landscape

CareTrust REIT competes with larger and more established healthcare REITs. Their advantages include a focus on specific niches, experienced management, and strategic partnerships. Disadvantages include smaller size and sensitivity to reimbursement risks.

Major Acquisitions

Diversified Healthcare Portfolio

  • Year: 2022
  • Acquisition Price (USD millions): 120
  • Strategic Rationale: Expanded geographic presence and diversified operator relationships.

Growth Trajectory and Initiatives

Historical Growth: CareTrust REIT has grown through acquisitions and organic growth. The company has expanded its portfolio of healthcare properties.

Future Projections: Analyst projections depend on market conditions and the company's performance. Factors include occupancy rates, rental revenue, and acquisitions.

Recent Initiatives: Recent initiatives include acquisitions of new properties and strategic partnerships with healthcare operators.

Summary

CareTrust REIT is a niche player in healthcare real estate, focusing on SNFs and senior housing. Their strength lies in strategic partnerships and experienced management. Reimbursement risks and interest rate sensitivity pose challenges. Successful acquisitions and improved operator performance are vital for future growth. The company has the potential to expand if it manages these risks effectively.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About CareTrust REIT Inc.

Exchange NYSE
Headquaters San Clemente, CA, United States
IPO Launch date 2014-05-29
CEO, President & Director Mr. David M. Sedgwick
Sector Real Estate
Industry REIT - Healthcare Facilities
Full time employees 21
Full time employees 21

CareTrust REIT is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties. CareTrust REIT generates revenues primarily by leasing properties to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses. Since its debut as a standalone public company on June 1, 2014, and as of March 31, 2025, CareTrust REIT has expanded its tenant roster to 26 operators, and has grown its real estate portfolio to 249 net-leased healthcare properties across 32 states, consisting of 27,229 operating beds/units, excluding 6 properties classified as held for sale as of March 31, 2025. As of March 31, 2025, CareTrust REIT also had 21 other real estate related investments related to 113 healthcare properties across 17 states, consisting of 11,968 operating beds/units and one financing receivable related to 46 properties in one state consisting of 3,820 operating beds/units.