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CTRECareTrust REIT, Inc.
$37.17$8.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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CTRE logo

CareTrust REIT, Inc.

CTRE
NYSE · Healthcare REITs
$37.17
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$8.78B
P/E23.7x
52W High$43.62
Volume1.83M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Acquisition-Driven Growth Masks Margin Volatility Risks

CareTrust REIT is executing an aggressive acquisition-led growth strategy, with revenue surging 87.5% year-over-year to $161.3M in 2026Q2 and FFO per share up 33% to $0.51. The company maintains a healthy balance sheet with a D/E ratio of 0.27 and strong AFFO ...

GrowthAccelerating
ProfitabilityStrong
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CTRE price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

-19% Peers

P/E is 19% below peer median

03

Market leadership

RS 36 · Lag

Laggard (Underperforming 64% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 87.5% year-over-year in 2026Q2, but NOI margin volatility (99.8% vs. 56.9% in prior quarter) suggests potential accounting distortions.

Analyst Consensus+19.5% target
Buy(19 analysts)
13 Buy5 Hold1 Sell

The Bull Case

Upside Catalysts

Robust Earnings Growth

CTRE has demonstrated significant earnings growth, with a reported 157.2% year-over-year increase in earnings over the last 12 months, and a five-year average growth rate of approximately 40% per year. In Q4 2025, the company reported an EPS of $0.47, exceeding analyst expectations, and full-year 2025 net income increased by 96% over the prior year.

Favorable Market Conditions

The healthcare real estate market benefits from an aging demographic, leading to increased demand for senior care and skilled nursing facilities. There is a favorable supply/demand disconnect in this market, with similarly positioned REITs showing robust same-store NOI growth.

Strategic Portfolio Expansion

CTRE has expanded its structured finance portfolio significantly and has also expanded into the UK market, acquiring Care REIT plc, which added 135 properties and diversified its geographic footprint. The company has a substantial investment pipeline and continues to close on new investments at attractive yields.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CTRE+4.52%
S&P 500 (^GSPC)+12.39%
1-Year Return
CTRE+11.17%
S&P 500 (^GSPC)+15.77%
3-Year Return
CTRE+98.50%
S&P 500 (^GSPC)+71.81%
5-Year Return
CTRE+101.40%
S&P 500 (^GSPC)+71.35%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
23.7x
Forward P/E
24.2x
EV/EBITDA80th %ile
22.9x
FCF YieldCash Flow
4.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
23.7x
42.2x
20th· Low
EV/EBITDA
22.9x
17.8x
80th· High
Price/FCF
23.2x
16.5x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$22.50-39.5%
Base (Fair)$30.33-19.2%
Bull$38.23+2.9%
$22.50 Bear$30.33 Base$38.23 Bull
Current Market Price: $37.17
Trades at a 22.6% premium to Base DCF ($30.33)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$477M+108.8% YoY
Net income
$321M+156.3% YoY
Free cash flow
$379M+60.5% YoY
Operating margin
67.2%+12.8 pts YoY
ROIC (TTM)6.1%
Avg ROIC 5Y-
ROE (TTM)9.2%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (17%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$0.38-1.0%
vs $0.38
$118M-3.3%
vs $122M
Q2 2026
May 7, 2026
$0.36+1.8%
vs $0.35
$114M+1.2%
vs $113M
Q1 2026
Feb 12, 2026
$0.47+20.5%
vs $0.39
$106M-4.0%
vs $111M
Q4 2025
Nov 5, 2025
$0.35-8.5%
vs $0.38
$104M+6.9%
vs $98M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·5d ago
CareTrust REIT: A Great Display Of Investment Leverage

CareTrust REIT, Inc. is executing a high-growth, acquisition-driven strategy, compounding normalized FFO at 30% YoY if 2026 guidance is met. CTRE's portfolio is shifting toward high-yield debt instruments, generating yields up to 9.6%, and capitalizing on surging senior living demand. With a blended cost of capital at 4.73% and portfolio yields near 9.85%, CTRE maintains a robust investment spread, fueling rapid reinvestment.

Defense World·6d ago
CareTrust REIT, Inc. $CTRE Shares Acquired by Corient Private Wealth LP

Corient Private Wealth LP boosted its position in CareTrust REIT, Inc. (NYSE: CTRE) by 76.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 166,828 shares of the company's stock after purchasing an additional 72,137 shares during the

24/7 Wall Street·Sep 16, 2026
The Baby Boomer Aging Wave Has Arrived. These 4 REITs Could Benefit for a Decade

Two million Americans will turn 80 this year alone, and a handful of REITs are already cashing in on a demographic wave that has barely begun.

Business Wire·Sep 15, 2026
CareTrust REIT Announces Quarterly Dividend of $0.39 per Share

DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.39 per common share. The current dividend will be payable to common stockholders of record as of the close of business on September 30, 2026. The Company intends to pay the dividend on or about October 15, 2026.About CareTrustTMCareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in.

Filtered for CareTrust REIT, Inc.More Headlines
04

Compare before deciding

Benchmark CTRE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CareTrust REIT, Inc. (CTRE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CTRE logoCTRECareTrust REIT, Inc.Current
$37.17$8.78B23.68108.79%67.26%9.2%3.42%
SBRA logoSBRASabra Health Care REIT, Inc.
$19.69$4.97B30.7710.15%7.61%2.34%—
LTC logoLTCLTC Properties, Inc.
$42.54$2.18B16.8825.26%38.92%11.45%—
GMRE logoGMREGlobal Medical REIT Inc.
$35.74$94.26M115.297.08%-8.18%-2.31%—
CHCT logoCHCTCommunity Healthcare Trust Incorporated
$14.27$407.72M184.374.67%16.85%4.96%—
OHI logoOHIOmega Healthcare Investors, Inc.
$46.17$13.75B23.8013.95%66.43%15.76%—

Compare CTRE vs Peers

CareTrust REIT, Inc. (CTRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SBRA

Most directly comparable listed peer for CTRE.

Scale Benchmark

vs WELL

Larger-name benchmark to compare CTRE against a more recognizable public peer.

Peer Set

Compare Top 5

vs SBRA, LTC, GMRE, CHCT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CTRE SEC Filings & Documents

CareTrust REIT, Inc. (CTRE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

May 21, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 12, 2025·SEC

FY 2024

Feb 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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CTRE Frequently Asked Questions

CareTrust REIT, Inc. (CTRE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is CareTrust REIT, Inc.'s revenue?

CareTrust REIT, Inc. (CTRE) reported $543.4M in revenue for fiscal year 2025. This represents a 1192% increase from $42.1M in 2012.

How fast is CareTrust REIT, Inc. growing?

CareTrust REIT, Inc. (CTRE) grew revenue by 108.8% over the past year. This is strong growth.

Is CTRE profitable?

Yes, CareTrust REIT, Inc. (CTRE) is profitable, generating $355.4M in net income for fiscal year 2025 (67.3% net margin).

Dividend & Returns
Does CTRE pay dividends?

Yes, CareTrust REIT, Inc. (CTRE) pays a dividend with a yield of 3.42%. This makes it attractive for income-focused investors.

What is CTRE's return on equity?

CareTrust REIT, Inc. (CTRE) has a return on equity (ROE) of 9.2%. This is below average, suggesting room for improvement.

Industry Metrics
What is CareTrust REIT, Inc.'s FFO?

CareTrust REIT, Inc. (CTRE) generated Funds From Operations (FFO) of $469.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is CTRE a good dividend stock?

CareTrust REIT, Inc. (CTRE) offers a 3.42% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in CTRE back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →