CareTrust REIT, Inc. (NASDAQ:CTRE) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect CareTrust REIT to post earnings of $0.17 per share for the quarter.

CareTrust REIT, Inc. (NASDAQ CTRE) opened at 19.11 on Tuesday. The firm has a 50-day moving average price of $19.16 and a 200 day moving average price of $18.51. The company has a market cap of $1.45 billion, a P/E ratio of 44.34 and a beta of 0.86. CareTrust REIT, Inc. has a 12 month low of $12.70 and a 12 month high of $19.86.

The firm also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were paid a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 3.87%. The ex-dividend date of this dividend was Thursday, September 28th. CareTrust REIT’s payout ratio is presently 164.45%.

Several research firms have weighed in on CTRE. Capital One Financial Corporation began coverage on CareTrust REIT in a research note on Monday. They set an “equal weight” rating and a $21.00 target price for the company. Zacks Investment Research upgraded CareTrust REIT from a “sell” rating to a “hold” rating in a research note on Tuesday, September 19th. KeyCorp restated a “buy” rating and set a $20.00 target price on shares of CareTrust REIT in a research note on Friday, August 25th. Finally, BidaskClub upgraded CareTrust REIT from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. CareTrust REIT presently has a consensus rating of “Hold” and an average price target of $18.88.

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CareTrust REIT Company Profile

CareTrust REIT, Inc is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities.

Earnings History for CareTrust REIT (NASDAQ:CTRE)

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