CareTrust REIT
(NYSE:CTRE)
$24.37
0.18[0.74%]
At close: Mar 28
$24.37
0[0.00%]
After Hours: 4:03PM EDT
The dividend Ex-Date was 2 days ago
Consensus Rating1
Outperform
Highest Price Target1
$26.00
Lowest Price Target1
$17.00
Consensus Price Target1
$22.43

CareTrust REIT Stock (NYSE:CTRE), Analyst Ratings, Price Targets, Predictions

CareTrust REIT Inc has a consensus price target of $22.43, established from looking at the 26 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, Keybanc, and Wells Fargo on January 31, 2024, January 5, 2024, and November 27, 2023. With an average price target of $24 between RBC Capital, Keybanc, and Wells Fargo, there's an implied -1.52% downside for CareTrust REIT Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Nov 23
1
Jan
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Keybanc
Wells Fargo
Jefferies
BMO Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for CareTrust REIT

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
01/31/2024CTREBuy Now
CareTrust REIT
$24.37-1.52%RBC Capital
Michael Carroll
$25 → $24MaintainsOutperformGet Alert
01/05/2024CTREBuy Now
CareTrust REIT
$24.372.59%Keybanc
Austin Wurschmidt
$22 → $25MaintainsOverweightGet Alert
11/27/2023CTREBuy Now
CareTrust REIT
$24.37-5.62%Wells Fargo
Connor Siversky
$22 → $23MaintainsEqual-WeightGet Alert
09/20/2023CTREBuy Now
CareTrust REIT
$24.37-5.62%Jefferies
Joe Dickstein
→ $23Initiates → BuyGet Alert
09/12/2023CTREBuy Now
CareTrust REIT
$24.37-5.62%RBC Capital
Michael Carroll
$19 → $23UpgradeSector Perform → OutperformGet Alert
08/16/2023CTREBuy Now
CareTrust REIT
$24.37-1.52%BMO Capital
Juan Sanabria
$23.5 → $24UpgradeMarket Perform → OutperformGet Alert
07/27/2023CTREBuy Now
CareTrust REIT
$24.37-5.62%Berenberg
Tao Qiu
→ $23Initiates → BuyGet Alert
05/16/2023CTREBuy Now
CareTrust REIT
$24.37-22.04%RBC Capital
Michael Carroll
→ $19Reiterates → Sector PerformGet Alert
05/11/2023CTREBuy Now
CareTrust REIT
$24.37-9.73%Wells Fargo
Connor Siversky
$21 → $22MaintainsEqual-WeightGet Alert
04/20/2023CTREBuy Now
CareTrust REIT
$24.37-13.83%Wells Fargo
Connor Siversky
→ $21Initiates → Equal-WeightGet Alert
04/19/2023CTREBuy Now
CareTrust REIT
$24.37-13.83%Wells Fargo
Connor Siversky
→ $21Initiates → Equal-WeightGet Alert
02/14/2023CTREBuy Now
CareTrust REIT
$24.37-9.73%Keybanc
Austin Wurschmidt
$21 → $22MaintainsOverweightGet Alert
12/06/2022CTREBuy Now
CareTrust REIT
$24.37-1.52%Raymond James
Jonathan Hughes
$22 → $24MaintainsStrong BuyGet Alert
11/01/2022CTREBuy Now
CareTrust REIT
$24.37-9.73%Raymond James
Jonathan Hughes
$23 → $22MaintainsStrong BuyGet Alert
10/21/2022CTREBuy Now
CareTrust REIT
$24.37-22.04%Barclays
Steve Valiquette
$20 → $19MaintainsEqual-WeightGet Alert
08/08/2022CTREBuy Now
CareTrust REIT
$24.37-17.93%Barclays
Steve Valiquette
$17 → $20MaintainsEqual-WeightGet Alert
07/07/2022CTREBuy Now
CareTrust REIT
$24.37-13.83%Keybanc
Josh Beck
$23 → $21MaintainsOverweightGet Alert
04/27/2022CTREBuy Now
CareTrust REIT
$24.37-5.62%Keybanc
Austin Wurschmidt
$25 → $23MaintainsOverweightGet Alert
04/18/2022CTREBuy Now
CareTrust REIT
$24.37-30.24%Barclays
Steven Valiquette
$22 → $17DowngradeOverweight → Equal-WeightGet Alert

FAQ

Q

What is the target price for CareTrust REIT (CTRE)?

A

The latest price target for CareTrust REIT (NYSE: CTRE) was reported by RBC Capital on January 31, 2024. The analyst firm set a price target for $24.00 expecting CTRE to fall to within 12 months (a possible -1.52% downside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for CareTrust REIT (CTRE)?

A

The latest analyst rating for CareTrust REIT (NYSE: CTRE) was provided by RBC Capital, and CareTrust REIT maintained their outperform rating.

Q

When was the last upgrade for CareTrust REIT (CTRE)?

A

The last upgrade for CareTrust REIT Inc happened on September 12, 2023 when RBC Capital raised their price target to $23. RBC Capital previously had a sector perform for CareTrust REIT Inc.

Q

When was the last downgrade for CareTrust REIT (CTRE)?

A

The last downgrade for CareTrust REIT Inc happened on April 18, 2022 when Barclays changed their price target from $22 to $17 for CareTrust REIT Inc.

Q

When is the next analyst rating going to be posted or updated for CareTrust REIT (CTRE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CareTrust REIT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CareTrust REIT was filed on January 31, 2024 so you should expect the next rating to be made available sometime around January 31, 2025.

Q

Is the Analyst Rating CareTrust REIT (CTRE) correct?

A

While ratings are subjective and will change, the latest CareTrust REIT (CTRE) rating was a maintained with a price target of $25.00 to $24.00. The current price CareTrust REIT (CTRE) is trading at is $24.37, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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