CareTrust REIT Inc CTRE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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CareTrust REIT Achieves ISS ESG “Prime” Status for 2024
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CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities
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CareTrust REIT Raises Quarterly Dividend to $0.29 per Share
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CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri
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CareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating Results
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Northwind Group and Care Trust REIT Provide $105 Million in Mezzanine Loans Secured by 25 Skilled Nursing and Assisted Living Properties in Virginia and Missouri
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CareTrust REIT Provides $52 Million in Mezzanine Financings
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CareTrust REIT Sets Fourth Quarter Earnings Call for Friday, February 9, 2024
Trading Information
- Previous Close Price
- $23.81
- Day Range
- $23.62–24.02
- 52-Week Range
- $18.18–24.62
- Bid/Ask
- $23.52 / $24.39
- Market Cap
- $3.23 Bil
- Volume/Avg
- 978,768 / 1.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 27.65
- Price/Sales
- 12.80
- Dividend Yield (Trailing)
- 4.72%
- Dividend Yield (Forward)
- 4.84%
- Total Yield
- 4.72%
Company Profile
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- Stock Style Box
- Small Core
- Total Number of Employees
- 17
- Website
- https://www.caretrustreit.com
Comparables
Valuation
|
Metric
|
CTRE
|
CHTH
|
GRAH
|
|---|---|---|---|
Price/Earnings (Normalized) | 27.65 | — | — |
Price/Book Value | 2.20 | 0.73 | — |
Price/Sales | 12.80 | 1.58 | — |
Price/Cash Flow | 16.68 | 18.03 | — |
Price/Earnings
CTRE
CHTH
GRAH
Financial Strength
|
Metric
|
CTRE
|
CHTH
|
GRAH
|
|---|---|---|---|
Quick Ratio | 4.18 | 0.09 | 1.35 |
Current Ratio | 4.39 | 0.10 | 1.68 |
Interest Coverage | 1.85 | 0.33 | 0.58 |
Quick Ratio
CTRE
CHTH
GRAH
Profitability
|
Metric
|
CTRE
|
CHTH
|
GRAH
|
|---|---|---|---|
Return on Assets (Normalized) | 4.90% | −1.83% | −0.91% |
Return on Equity (Normalized) | 8.60% | −3.33% | −3.44% |
Return on Invested Capital (Normalized) | 6.06% | 0.37% | 0.64% |
Return on Assets
CTRE
CHTH
GRAH
REIT - Healthcare Facilities Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
WELL
| Welltower Inc | Jqmjhwdcl | Rnlz | $53.7 Bil | |
VTR
| Ventas Inc | Thpgltrxt | Rrws | $17.4 Bil | |
DOC
| Healthpeak Properties Inc | Vpnzbhqyr | Pynq | $13.2 Bil | |
OHI
| Omega Healthcare Investors Inc | — | Nymj | $7.6 Bil | |
HR
| Healthcare Realty Trust Inc | — | Qxfy | $5.4 Bil | |
SBRA
| Sabra Health Care REIT Inc | — | Bzyv | $3.2 Bil | |
AEDFF
| Aedifica SA | — | Lsqh | $3.0 Bil | |
MPW
| Medical Properties Trust Inc | — | Rjv | $2.7 Bil | |
NHI
| National Health Investors Inc | — | Fjgbv | $2.7 Bil |