California Public Employees Retirement System cut its holdings in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) by 4.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 504,771 shares of the company’s stock after selling 26,286 shares during the period. California Public Employees Retirement System owned about 0.23% of CareTrust REIT worth $18,500,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in CareTrust REIT by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 33,184,181 shares of the company’s stock worth $1,199,940,000 after acquiring an additional 210,965 shares in the last quarter. State Street Corp raised its position in CareTrust REIT by 1.8% during the fourth quarter. State Street Corp now owns 12,426,213 shares of the company’s stock valued at $453,411,000 after purchasing an additional 219,641 shares during the period. Wellington Management Group LLP lifted its stake in shares of CareTrust REIT by 18.1% in the 4th quarter. Wellington Management Group LLP now owns 12,355,966 shares of the company’s stock valued at $446,792,000 after purchasing an additional 1,893,143 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of CareTrust REIT by 108.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,493,898 shares of the company’s stock valued at $234,820,000 after purchasing an additional 3,379,732 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of CareTrust REIT by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 6,092,398 shares of the company’s stock valued at $220,332,000 after purchasing an additional 409,411 shares during the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of CareTrust REIT in a research report on Wednesday, June 10th. KeyCorp restated an “overweight” rating and issued a $46.00 price target on shares of CareTrust REIT in a research report on Friday, May 29th. Zacks Research raised shares of CareTrust REIT from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Mizuho set a $45.00 price objective on shares of CareTrust REIT in a research report on Friday, May 22nd. Finally, Raymond James Financial initiated coverage on shares of CareTrust REIT in a research report on Tuesday, June 16th. They set an “outperform” rating and a $43.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.82.
View Our Latest Analysis on CareTrust REIT
CareTrust REIT Price Performance CareTrust REIT stock opened at $42.35 on Friday. The stock has a market cap of $10.00 billion, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 1.91 and a beta of 0.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.38 and a quick ratio of 2.37. CareTrust REIT, Inc. has a 1 year low of $30.51 and a 1 year high of $43.60. The firm has a 50-day moving average of $39.99 and a two-hundred day moving average of $39.18.
CareTrust REIT Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. CareTrust REIT’s payout ratio is currently 100.00%.
CareTrust REIT Profile (Free Report)
CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.
Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.
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Allspring Global Investments Holdings LLC boosted its position in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) by 38.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 649,559 shares of the company’s stock after acquiring an additional 179,499 shares during the period. Allspring Global Investments Holdings LLC owned 0.29% of CareTrust REIT worth $24,118,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CTRE. Vanguard Group Inc. grew its holdings in CareTrust REIT by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 33,184,181 shares of the company’s stock worth $1,199,940,000 after acquiring an additional 210,965 shares during the period. State Street Corp lifted its stake in shares of CareTrust REIT by 1.8% in the 4th quarter. State Street Corp now owns 12,426,213 shares of the company’s stock valued at $453,411,000 after purchasing an additional 219,641 shares during the period. Wellington Management Group LLP boosted its position in shares of CareTrust REIT by 18.1% in the 4th quarter. Wellington Management Group LLP now owns 12,355,966 shares of the company’s stock worth $446,792,000 after purchasing an additional 1,893,143 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of CareTrust REIT by 108.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,493,898 shares of the company’s stock worth $234,820,000 after purchasing an additional 3,379,732 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in CareTrust REIT by 7.2% in the fourth quarter. Geode Capital Management LLC now owns 6,092,398 shares of the company’s stock valued at $220,332,000 after acquiring an additional 409,411 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of equities research analysts have recently commented on CTRE shares. KeyCorp reaffirmed an “overweight” rating and set a $46.00 price target on shares of CareTrust REIT in a research report on Friday, May 29th. Citigroup reissued a “market outperform” rating on shares of CareTrust REIT in a research note on Wednesday, June 10th. BMO Capital Markets raised their target price on shares of CareTrust REIT from $46.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Zacks Research raised shares of CareTrust REIT from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Mizuho set a $45.00 price target on shares of CareTrust REIT in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, CareTrust REIT presently has an average rating of “Buy” and a consensus target price of $44.82.
Read Our Latest Report on CareTrust REIT
CareTrust REIT Stock Performance CTRE opened at $42.39 on Tuesday. The business’s 50-day simple moving average is $39.95 and its 200 day simple moving average is $39.04. CareTrust REIT, Inc. has a 52-week low of $30.26 and a 52-week high of $43.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.37 and a current ratio of 2.38. The firm has a market capitalization of $10.01 billion, a PE ratio of 27.17, a PEG ratio of 1.93 and a beta of 0.76.
CareTrust REIT Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.39 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a yield of 3.7%. CareTrust REIT’s dividend payout ratio (DPR) is currently 100.00%.
CareTrust REIT Profile (Free Report)
CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.
Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.
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Bessemer Group Inc. increased its position in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) by 4,131.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 522,120 shares of the company’s stock after buying an additional 509,780 shares during the quarter. Bessemer Group Inc. owned about 0.23% of CareTrust REIT worth $19,134,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in CareTrust REIT by 7.5% during the 4th quarter. Principal Financial Group Inc. now owns 1,328,660 shares of the company’s stock worth $48,044,000 after purchasing an additional 93,101 shares in the last quarter. Sound Income Strategies LLC grew its stake in CareTrust REIT by 6.4% during the fourth quarter. Sound Income Strategies LLC now owns 621,732 shares of the company’s stock worth $23,477,000 after buying an additional 37,503 shares during the period. B&I Capital AG acquired a new stake in shares of CareTrust REIT in the fourth quarter worth $10,989,000. M&T Bank Corp acquired a new stake in shares of CareTrust REIT in the fourth quarter worth $894,000. Finally, Vanderbilt University purchased a new position in shares of CareTrust REIT in the 4th quarter valued at $1,125,000. Institutional investors and hedge funds own 87.77% of the company’s stock.
CareTrust REIT Price Performance Shares of CTRE stock opened at $42.88 on Friday. The company has a market capitalization of $10.13 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 1.93 and a beta of 0.76. The firm has a fifty day simple moving average of $39.92 and a 200-day simple moving average of $38.99. The company has a current ratio of 2.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.22. CareTrust REIT, Inc. has a twelve month low of $30.21 and a twelve month high of $43.10.
CareTrust REIT Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.39 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a yield of 3.6%. CareTrust REIT’s payout ratio is currently 100.00%.
Analyst Upgrades and Downgrades Several research firms recently weighed in on CTRE. Raymond James Financial started coverage on shares of CareTrust REIT in a report on Tuesday, June 16th. They set an “outperform” rating and a $43.00 target price on the stock. Zacks Research upgraded CareTrust REIT from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. BMO Capital Markets raised their price objective on CareTrust REIT from $46.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Wells Fargo & Company boosted their price objective on CareTrust REIT from $42.00 to $47.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Mizuho set a $45.00 target price on CareTrust REIT in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $44.82.
Get Our Latest Report on CTRE
About CareTrust REIT (Free Report)
CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.
Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.
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DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its first quarter 2026 financial results after the U.S. markets close on Thursday, May 7, 2026. Representatives of CareTrust REIT’s management team will host a conference call to discuss the results and other current matters the following day.
Conference Call
CareTrust REIT invites current and prospective investors to listen to the call on Friday, May 8, 2026 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). The toll-free dial-in number is 1 (833) 461-5787 or toll dial-in number is 1 (585) 542-9983 and the conference ID number is 411597838.
To listen to the call online as a webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investors section of the CareTrust REIT website at http://investor.caretrustreit.com. A recording of the call will be available for replay via the website for approximately 30 days following the call. The Company’s press releases, Securities and Exchange Commission filings, public conference calls, webcasts and website frequently disclose information that may be material to investors and the marketplace, and the Company encourages investors and others interested in the Company to regularly monitor such outlets for important Company information.
About CareTrustTM
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, senior housing and other healthcare-related properties. With a portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States and internationally. More information about CareTrust REIT is available at www.caretrustreit.com.
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today the recent closing of investments totaling approximately $628 million. In mid-April, the Company closed on a series of related off market transactions with a quality skilled nursing operator based in California in what is a new relationship for CareTrust. As part of the transaction, CareTrust acquired 15 skilled nursing facilities for approximately $380 million (inclusive of tran.
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that Moody's Ratings (“Moody's”) upgraded the Company's issuer rating and senior unsecured notes to an investment grade rating of Baa3. The outlook was changed from positive to stable following the ratings upgrade. "This investment grade rating from Moody's is a powerful validation of the discipline we've maintained on our balance sheet even as we've met the moment of extraordina.
CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.48 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.42 per share a year ago.
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CareTrust REIT maintains a strong buy rating, supported by robust portfolio growth and favorable senior care demand trends. CTRE demonstrates impressive EBITDA margins above 86%, with analyst consensus forecasting FFO growth this year and next. The REIT outperforms peers in return on equity and has considerable geographic diversification, with notable expansion into the UK market.
DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust REIT” or the “Company”) announced that it has commenced, subject to market and other conditions, an underwritten public offering of an aggregate of 10,000,000 shares of its common stock in connection with the forward sale agreements described below.
Wells Fargo Securities and J.P. Morgan are acting as the book-running managers for the offering.
In connection with the offering of shares of its common stock, the Company expects to enter into separate forward sale agreements with each of Wells Fargo Securities, LLC and J.P. Morgan Securities LLC (or their respective affiliates), each referred to in such capacity as forward purchaser. The underwriters expect to be granted a 30-day option, exercisable in whole or in part from time to time, to purchase up to an additional 1,500,000 shares of the Company’s common stock. If the option to purchase additional shares of the Company’s common stock is exercised, the Company expects to enter into one or more additional forward sale agreements with the forward purchasers in respect of the number of shares of the Company’s common stock that are subject to exercise of the option to purchase additional shares.
In connection with the forward sale agreements and any additional forward sale agreements, the forward purchasers (or their respective affiliates) are expected to borrow from third parties and to sell to the underwriters an aggregate of 10,000,000 shares of our common stock that will be sold in this offering (or an aggregate of 11,500,000 shares of common stock if the underwriters’ option to purchase additional shares of common stock is exercised in full). However, a forward purchaser (or its affiliate) is not required to borrow and sell such shares if, after using commercially reasonable efforts, such forward purchaser (or its affiliate) is unable to borrow such shares, or if borrowing costs exceed a specified threshold or if certain specified conditions have not been satisfied. If a forward purchaser (or its affiliate) does not deliver and sell all of the shares of the Company’s common stock to be sold by it to the underwriters, the Company will issue and sell to the underwriters a number of shares of its common stock equal to the number of shares that such forward purchaser (or its affiliate) did not deliver and sell, and the number of shares underlying the relevant forward sale agreement or such additional forward sale agreement will be decreased by the number of shares that the Company issues and sells.
Pursuant to the terms of the forward sale agreements and any additional forward sale agreements, and subject to its right to elect cash or net share settlement, the Company intends to issue and deliver, upon physical settlement of the forward sale agreements and any additional forward sale agreements, an aggregate of 10,000,000 shares of common stock (or an aggregate of up to 11,500,000 shares of common stock if the underwriters’ option to purchase additional shares is exercised in full) to the forward purchasers. The Company expects to physically settle the forward sale agreements and any additional forward sale agreements within approximately one year from the date of the prospectus supplement relating to the offering.
The Company will not initially receive any proceeds from the sale of shares of its common stock by the forward purchasers (or affiliates thereof). The Company intends to contribute the net proceeds received upon the settlement of the forward sale agreements (and from the sale of any shares of its common stock that the Company may sell to the underwriters in lieu of the forward purchasers (or their respective affiliates) selling shares to the underwriters) to CTR Partnership, L.P., the Company’s operating subsidiary, which will in turn use the proceeds for general corporate purposes, which may include, among other things, future acquisitions or investments, or debt repayment.
An automatic shelf registration statement (including prospectus) on Form S-3 relating to the public offering of the shares of common stock described above was previously filed with the Securities and Exchange Commission (the “SEC”) and became effective on February 17, 2026. A preliminary prospectus supplement relating to the offering has been filed with the SEC. When available, copies of the prospectus supplement and accompanying prospectus for the offering may be obtained from Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or email a request to [email protected] or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected] and [email protected]. You may also obtain a copy of the preliminary prospectus supplement and accompanying prospectus, without charge, by visiting the SEC’s website at http://www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of these securities may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
About CareTrust REITTM
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the US and internationally.
CareTrust REIT, Inc. (NYSE: CTRE) (âCareTrust REITâ or the âCompanyâ) announced the pricing of an underwritten public offering of an aggregate of 12,50
Realty Income, VICI Properties, and CareTrust REIT offer income reliability and stability amid macro uncertainty and rising inflation. O trades at a forward P/AFFO of 14.12x, below its five-year average, with a 5%-plus yield and strong fundamentals, making it attractive for income investors. VICI offers a 6.16% yield, 19% upside potential, and a 75% payout ratio, supported by prudent leverage and resilience despite Las Vegas headwinds.
On June 01, 2026, CareTrust REIT Inc (CTRE) shares fell 3.6%, closing at $39.34. This movement places the stock within a 52-week range of $27.81 to $43.08. The
REITs (XLRE) may face another sector-wide pullback due to rising bond yields and inflation driven by Middle East conflict. CareTrust REIT and Agree Realty stand out for quality, growth, and strong balance sheets, but current valuations demand patience. CareTrust REIT stands out for its strong acquisition-driven growth, investment-grade upgrade, and robust balance sheet but is currently expensive at 19.63x earnings.
CareTrust REIT remains fundamentally strong, but at a forward P/AFFO near 19.0x, I reiterate a hold rating, awaiting a deeper pullback. CTRE delivered robust Q1 results, with FFO up 14% year-over-year and raised 2024 guidance, yet growth may be moderating. Balance sheet strength is exceptional, with net debt/EBITDA at 0.6x and an upgrade to investment-grade, supporting future acquisition capacity.
