CareTrust REIT Inc (CTRE) concluded trading on Thursday at a closing price of $26.52, with 4.32 million shares of worth about $114.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.82% during that period and on February 13, 2025 the price saw a gain of about 3.67%. Currently the company’s common shares owned by public are about 187.32M shares, out of which, 186.16M shares are available for trading.
Stock saw a price change of 0.57% in past 5 days and over the past one month there was a price change of -0.23%. Year-to-date (YTD), CTRE shares are showing a performance of -1.96% which increased to 16.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.11 but also hit the highest price of $33.15 during that period. The average intraday trading volume for CareTrust REIT Inc shares is 1.99 million. The stock is currently trading -0.27% below its 20-day simple moving average (SMA20), while that difference is down -2.72% for SMA50 and it goes to -4.71% lower than SMA200.
CareTrust REIT Inc (NYSE: CTRE) currently have 187.32M outstanding shares and institutions hold larger chunk of about 93.22% of that.
The stock has a current market capitalization of $4.97B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 37.24, while it has posted earnings per share of $0.71 in the same period. It has a debt-to-equity ratio of 0.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CTRE, volatility over the week remained 2.81% while standing at 2.48% over the month.
Stock’s fiscal year EPS is expected to rise by 68.75% while it is estimated to increase by 7.96% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on January 02, 2025 offering an Underperform rating for the stock and assigned a target price range of between $34 and $26 to it. Coverage by BMO Capital Markets stated CareTrust REIT Inc (CTRE) stock as a Market perform in their note to investors on December 09, 2024, suggesting a price target of $32 for the stock. On October 01, 2024, Wells Fargo Upgrade their recommendations, while on May 29, 2024, Wedbush Initiated their ratings for the stock with a price target of $26. Stock get a Hold rating from Deutsche Bank on January 30, 2024.
