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CareTrust REIT

CTRENYSE
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$26.79
0.010.06%
Last update: 12:53 PM
15 minutes delayed
CareTrust REIT (CTRE) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesGovernment TradesShort Interest
Consensus Rating1
Equal-Weight
Highest Price Target1
$27.00
Lowest Price Target1
$17.00
Consensus Price Target1
$23.06

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

CareTrust REIT Inc has a consensus price target of $23.06 based on the ratings of 16 analysts. The high is $27 issued by Deutsche Bank on July 1, 2024. The low is $17 issued by Barclays on April 18, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, Wells Fargo, and Wedbush on July 1, 2024, May 30, 2024, and May 29, 2024, respectively. With an average price target of $26.33 between Deutsche Bank, Wells Fargo, and Wedbush, there's an implied -1.63% downside for CareTrust REIT Inc from these most-recent analyst ratings.

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

Analyst Firms Making Recommendations1

Deutsche Bank
Wells Fargo
Wedbush
Keybanc
RBC Capital

1calculated from analyst ratings

Analyst Ratings for CareTrust REIT

Buy NowGet Alert
07/01/2024Buy Now0.86%Deutsche Bank
Omotayo Okusanya
$23 → $27MaintainsHoldGet Alert
05/30/2024Buy Now-2.88%Wells Fargo
James Feldman
$24 → $26MaintainsEqual-WeightGet Alert
05/29/2024Buy Now-2.88%Wedbush
Richard Anderson
 → $26Initiates → NeutralGet Alert
05/09/2024Buy Now0.86%Keybanc
Austin Wurschmidt
$25 → $27MaintainsOverweightGet Alert
01/31/2024Buy Now-10.35%RBC Capital
Michael Carroll
$25 → $24MaintainsOutperformGet Alert
01/05/2024Buy Now-6.61%Keybanc
Austin Wurschmidt
$22 → $25MaintainsOverweightGet Alert
11/27/2023Buy Now-14.08%Wells Fargo
Connor Siversky
$22 → $23MaintainsEqual-WeightGet Alert
09/20/2023Buy Now-14.08%Jefferies
Joe Dickstein
 → $23Initiates → BuyGet Alert
09/12/2023Buy Now-14.08%RBC Capital
Michael Carroll
$19 → $23UpgradeSector Perform → OutperformGet Alert
08/16/2023Buy Now-10.35%BMO Capital
Juan Sanabria
$23.5 → $24UpgradeMarket Perform → OutperformGet Alert
07/27/2023Buy Now-14.08%Berenberg
Tao Qiu
 → $23Initiates → BuyGet Alert
05/16/2023Buy Now-29.03%RBC Capital
Michael Carroll
 → $19Reiterates → Sector PerformGet Alert
05/11/2023Buy Now-17.82%Wells Fargo
Connor Siversky
$21 → $22MaintainsEqual-WeightGet Alert
04/20/2023Buy Now-21.55%Wells Fargo
Connor Siversky
 → $21Initiates → Equal-WeightGet Alert
04/19/2023Buy Now-21.55%Wells Fargo
Connor Siversky
 → $21Initiates → Equal-WeightGet Alert
02/14/2023Buy Now-17.82%Keybanc
Austin Wurschmidt
$21 → $22MaintainsOverweightGet Alert
12/06/2022Buy Now-10.35%Raymond James
Jonathan Hughes
$22 → $24MaintainsStrong BuyGet Alert
11/01/2022Buy Now-17.82%Raymond James
Jonathan Hughes
$23 → $22MaintainsStrong BuyGet Alert
10/21/2022Buy Now-29.03%Barclays
Steve Valiquette
$20 → $19MaintainsEqual-WeightGet Alert
08/08/2022Buy Now-25.29%Barclays
Steve Valiquette
$17 → $20MaintainsEqual-WeightGet Alert
07/07/2022Buy Now-21.55%Keybanc
Josh Beck
$23 → $21MaintainsOverweightGet Alert
04/27/2022Buy Now-14.08%Keybanc
Austin Wurschmidt
$25 → $23MaintainsOverweightGet Alert
04/18/2022Buy Now-36.5%Barclays
Steven Valiquette
$22 → $17DowngradeOverweight → Equal-WeightGet Alert
03/18/2022Buy Now-14.08%Raymond James
Jonathan Hughes
$27 → $23MaintainsStrong BuyGet Alert
03/11/2022Buy Now-25.29%BMO Capital
John Kim
 → $20DowngradeOutperform → Market PerformGet Alert
02/01/2022Buy Now-17.82%Credit Suisse
Tayo Okusanya
 → $22Initiates → NeutralGet Alert
11/18/2021Buy Now-17.82%RBC Capital
Michael Carroll
—MaintainsSector PerformGet Alert
10/08/2021Buy Now-14.08%Baird
Amanda Sweitzer
—Initiates → OutperformGet Alert
08/11/2021Buy Now—RBC Capital
Michael Carroll
—DowngradeOutperform → Sector PerformGet Alert

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 Deutsche Bank on July 1, 2024. The analyst firm set a price target for $27.00 expecting CTRE to rise to within 12 months (a possible 0.80% upside). 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 Deutsche Bank, and CareTrust REIT maintained their hold 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 July 1, 2024 so you should expect the next rating to be made available sometime around July 1, 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 $23.00 to $27.00. The current price CareTrust REIT (CTRE) is trading at is $26.79, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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