CareTrust REIT, Inc. (CTRE) AI Stock Analysis

CareTrust REIT, Inc. is a publicly traded real estate investment trust that manages its own operations, focusing on acquiring, developing, and leasing properties related to skilled nursing, seniors housing, and other healthcare sectors. The company maintains a portfolio of long-term net-leased properties across the United States. Its strategy centers on partnering with high-quality healthcare operators to ensure efficient property management and stable income streams. CareTrust REIT expands its footprint through strategic acquisitions and organic initiatives while applying disciplined due diligence to identify properties with sustainable cash flows.

Between FY2020 and FY2025, CareTrust REIT generated a 5-year revenue compound annual growth rate of 22.1%. Revenue grew from $190.2M in FY2021 to $228.3M in FY2024, before accelerating 108.8% to $476.6M in FY2025. Over that period, net income moved from $72.0M in FY2021 and -$7.5M in FY2022 to $320.5M in FY2025, when net margin reached 67.3%. Operating cash flow expanded to $394.0M in FY2025, with free cash flow of $379.0M. In the latest quarter ended June 30, 2026, revenue increased 43.5% year-over-year, while quarterly earnings growth was 8.6%. Over the trailing twelve months, revenue reached $571.4M with a profit margin of 62.2% and diluted earnings per share of $1.60.

As of June 30, 2026, CareTrust REIT held $49.3M in cash and short-term investments against total debt of $1.21B, resulting in net debt of $1.16B. Total assets stood at $5.93B and shareholders' equity was $4.49B, yielding a debt-to-equity ratio of 0.27 and a current ratio of 1.20. In FY2025, capital expenditures totaled $15.0M, share buybacks accounted for $3.3M, and dividends paid were $259.3M. The company's share count increased 142.6% over the past 5 years.

At a last close of $36.55, CareTrust REIT holds a market capitalization of $8.64B and an enterprise value of $9.94B. The stock trades at a trailing P/E of 22.8x, compared to 21.6x for the median of its US-listed Real Estate peers. Its forward P/E of 21.3x is below the peer median of 23.5x, while its EV-to-EBITDA multiple of 18.8x sits above the peer median of 14.7x. Over the past year, CTRE returned 12.7% compared to 16.8% for the S&P 500, though its 5-year return of 118.7% outperformed the index's 83.0%.

CareTrust REIT pays a quarterly dividend with an annual forward payout of $1.56 per share, representing a 4.27% dividend yield. The company has paid dividends for 13 consecutive years and posted a 5-year annualized dividend growth rate of 6.0%. Its payout ratio is 89.6%, and the most recent ex-dividend date was September 30, 2026.

Wall Street coverage consists of 10 Strong Buy, 2 Buy, and 1 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target of $43.79 implies a 19.8% upside from the last close of $36.55. For FY2026 ending December 31, 2026, consensus estimates project revenue of $619.7M and EPS of $1.69, reflecting 24.2% earnings growth. For FY2027, 5 analysts project revenue of $794.8M and EPS of $1.84. CareTrust REIT beat earnings estimates in 0 of the last 4 quarters, with next earnings scheduled for November 4, 2026.

This page is an AI-written research summary of CareTrust REIT, Inc. (CTRE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CTRE income statement, CTRE balance sheet, CTRE key metrics, CTRE analyst forecast, CTRE chart. See the CTRE stock overview for the latest quote and news.