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CareTrust REIT

CTRENYSE
Logo brought to you by Benzinga Data
$30.32
-0.23-0.75%
At Close: -
$30.32
00.00%
After Hours: Sep 20, 4:02 PM EDT
15 minutes delayed
The dividend Ex-Date is in 8 days
Consensus Rating1
Equal-Weight
Highest Price Target1
$31.00
Lowest Price Target1
$17.00
Consensus Price Target1
$23.50

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

CareTrust REIT Inc has a consensus price target of $23.5 based on the ratings of 16 analysts. The high is $31 issued by RBC Capital on August 22, 2024. The low is $17 issued by Barclays on April 18, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Deutsche Bank, and Wells Fargo on August 22, 2024, July 1, 2024, and May 30, 2024, respectively. With an average price target of $28 between RBC Capital, Deutsche Bank, and Wells Fargo, there's an implied -7.65% downside for CareTrust REIT Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
May
0
0
0
0
Jul
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Deutsche Bank
Wells Fargo
Wedbush
Keybanc

1calculated from analyst ratings

Analyst Ratings for CareTrust REIT

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FAQ

Q

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

A

The latest price target for CareTrust REIT (NYSE:CTRE) was reported by RBC Capital on August 22, 2024. The analyst firm set a price target for $31.00 expecting CTRE to rise to within 12 months (a possible 2.24% upside). 8 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 August 22, 2024 so you should expect the next rating to be made available sometime around August 22, 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 $27.00 to $31.00. The current price CareTrust REIT (CTRE) is trading at is $30.32, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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