CareTrust REIT (CTRE) Stock Forecast, Price Target & Predictions


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CTRE Stock Forecast


CareTrust REIT (CTRE) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $25.50, with a high of $27.00 and a low of $23.00. This represents a -2.71% decline from the last price of $26.21.

$20 $23 $26 $29 $32 $35 High: $27 Avg: $25.5 Low: $23 Last Closed Price: $26.21

CTRE Stock Rating


CareTrust REIT stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 1 Strong Buy (16.67%), 4 Buy (66.67%), 1 Hold (16.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 1 4 1 Strong Sell Sell Hold Buy Strong Buy

CTRE Forecast vs Benchmarks


TypeNameUpside
StockCareTrust REIT-2.71%
SectorReal Estate Stocks 14.90%
IndustryHealthcare REIT Stocks10.70%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$26.50
Last Closing Price$26.21$26.21$26.21
Upside/Downside--1.11%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251631-11
Dec, 24263--11
Nov, 24256--13
Oct, 24356--14
Sep, 24346--13
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 01, 2024Omotayo OkusanyaDeutsche Bank$27.00$25.107.57%3.01%
Jun 21, 2024Amanda SweiterRobert W. Baird$26.00$24.884.50%-0.80%
May 29, 2024Richard AndersonWedbush$26.00$25.213.13%-0.80%
May 09, 2024Jordan SadlerKeyBanc$27.00$24.669.49%3.01%
Sep 12, 2023Michael CarrollRBC Capital$23.00$20.2813.41%-12.25%
Dec 06, 2022Raymond James$24.00$19.8620.85%-8.43%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 02, 2025WedbushNeutralUnderperformdowngrade
Oct 07, 2024BMO CapitalOutperformOutperformhold
Oct 07, 2024KeyBancOverweightOverweighthold
Oct 01, 2024Wells FargoOverweightupgrade
Aug 22, 2024RBC CapitalOutperformOutperformhold
Jul 01, 2024Deutsche BankHoldHoldhold
May 29, 2024WedbushNeutralinitialise
May 09, 2024KeyBancOverweightOverweighthold
Sep 12, 2023RBC CapitalOutperformupgrade
Aug 16, 2023BMO CapitalOutperformupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.60$0.50$0.44$0.51----
Avg Forecast$0.84$0.80$-0.01$0.52$0.82$1.37$1.45$1.40
High Forecast$0.78$0.75$-0.01$0.51$0.82$1.33$1.23$1.09
Low Forecast$0.92$0.88$-0.01$0.55$0.83$1.40$1.60$1.66
Surprise %-28.57%-37.50%-4500.00%-1.92%----

Revenue Forecast

$150M $200M $250M $300M $350M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$175.69M$190.19M$187.51M$217.77M----
Avg Forecast$176.44M$190.44M$190.52M$196.26M$225.93M$278.49M$312.54M$300.24M
High Forecast$167.08M$180.33M$159.69M$184.21M$224.39M$243.94M$260.12M$249.89M
Low Forecast$189.52M$204.55M$218.06M$200.78M$227.97M$306.12M$357.19M$343.14M
Surprise %-0.43%-0.13%-1.58%10.96%----

Net Income Forecast

$-150M $-80M $-10M $60M $130M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$57.21M$48.30M$42.87M$53.73M----
Avg Forecast$77.39M$76.01M$-99.31M$53.34M$87.26M$144.59M$150.65M$148.61M
High Forecast$61.91M$60.81M$-142.45M$27.81M$86.68M$140.91M$130.96M$116.21M
Low Forecast$92.87M$91.21M$-56.16M$78.86M$87.84M$148.28M$170.34M$176.21M
Surprise %-26.08%-36.45%-143.17%0.75%----

CTRE Forecast FAQ


Is CareTrust REIT stock a buy?

CareTrust REIT stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 4 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that CareTrust REIT is a favorable investment for most analysts.

What is CareTrust REIT's price target?

CareTrust REIT's price target, set by 6 Wall Street analysts, averages $25.5 over the next 12 months. The price target range spans from $23 at the low end to $27 at the high end, suggesting a potential -2.71% change from the previous close price of $26.21.

How does CareTrust REIT stock forecast compare to the average forecast of its sector, industry, and investment themes?

CareTrust REIT stock forecast shows a -2.71% downside, underperforming the average forecast for the real estate stocks sector (14.90%) and underperforming the healthcare reit stocks industry (10.70%).

What is the breakdown of analyst ratings for CareTrust REIT over the past three months?

  • January 2025: 9.09% Strong Buy, 54.55% Buy, 27.27% Hold, 9.09% Sell, 0% Strong Sell.
  • December 2024: 18.18% Strong Buy, 54.55% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 15.38% Strong Buy, 38.46% Buy, 46.15% Hold, 0% Sell, 0% Strong Sell.

What is CareTrust REIT’s EPS forecast?

CareTrust REIT's average annual EPS forecast for its fiscal year ending in December is 0.82 for 2024, a 60.78% increase from the reported $0.51 in 2023. The prediction for 2025 is $1.37, $1.45 for 2026, and $1.4 for 2027.

What is CareTrust REIT’s revenue forecast?

CareTrust REIT's average annual revenue forecast for its fiscal year ending in December is $225.93M for 2024, a 3.75% increase from the reported $217.77M in 2023. The forecast for 2025 is $278.49M, $312.54M for 2026, and $300.24M for 2027.

What is CareTrust REIT’s net income forecast?

For its fiscal year ending in December, CareTrust REIT's average annual net income forecast is $87.26M for 2024, reflecting an 62.38% increase from the reported $53.74M in 2023. The projection for 2025 is $144.59M, $150.65M for 2026, and $148.61M for 2027.