CareTrust REIT (CTRE) Stock Forecast, Price Target & Predictions
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.
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
CTRE Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | CareTrust REIT | -2.71% |
Sector | Real Estate Stocks | 14.90% |
Industry | Healthcare REIT Stocks | 10.70% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 4 |
Avg Price Target | - | - | $26.50 |
Last Closing Price | $26.21 | $26.21 | $26.21 |
Upside/Downside | - | - | 1.11% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 6 | 3 | 1 | - | 11 |
Dec, 24 | 2 | 6 | 3 | - | - | 11 |
Nov, 24 | 2 | 5 | 6 | - | - | 13 |
Oct, 24 | 3 | 5 | 6 | - | - | 14 |
Sep, 24 | 3 | 4 | 6 | - | - | 13 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 01, 2024 | Omotayo Okusanya | Deutsche Bank | $27.00 | $25.10 | 7.57% | 3.01% |
Jun 21, 2024 | Amanda Sweiter | Robert W. Baird | $26.00 | $24.88 | 4.50% | -0.80% |
May 29, 2024 | Richard Anderson | Wedbush | $26.00 | $25.21 | 3.13% | -0.80% |
May 09, 2024 | Jordan Sadler | KeyBanc | $27.00 | $24.66 | 9.49% | 3.01% |
Sep 12, 2023 | Michael Carroll | RBC Capital | $23.00 | $20.28 | 13.41% | -12.25% |
Dec 06, 2022 | Raymond James | $24.00 | $19.86 | 20.85% | -8.43% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 02, 2025 | Wedbush | Neutral | Underperform | downgrade |
Oct 07, 2024 | BMO Capital | Outperform | Outperform | hold |
Oct 07, 2024 | KeyBanc | Overweight | Overweight | hold |
Oct 01, 2024 | Wells Fargo | Overweight | upgrade | |
Aug 22, 2024 | RBC Capital | Outperform | Outperform | hold |
Jul 01, 2024 | Deutsche Bank | Hold | Hold | hold |
May 29, 2024 | Wedbush | Neutral | initialise | |
May 09, 2024 | KeyBanc | Overweight | Overweight | hold |
Sep 12, 2023 | RBC Capital | Outperform | upgrade | |
Aug 16, 2023 | BMO Capital | Outperform | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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% | - | - | - | - |