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CareTrust REIT Inc
NASDAQ:CTRE

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CareTrust REIT Inc
NASDAQ:CTRE
Watchlist
Price: 24.97 USD -1.34% Market Closed
Updated: May 5, 2024

Wall Street
Price Targets

CTRE Price Targets Summary
CareTrust REIT Inc

Wall Street analysts forecast CTRE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CTRE is 25.76 USD with a low forecast of 23.23 USD and a high forecast of 28.35 USD.

Lowest
Price Target
23.23 USD
7% Downside
Average
Price Target
25.76 USD
3% Upside
Highest
Price Target
28.35 USD
14% Upside

CTRE Last Price Targets
CareTrust REIT Inc

The latest public price target was made on Sep 12, 2023 by Michael Carroll from RBC Capital , who expects CTRE stock to drop by 8% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Michael Carroll
RBC Capital
23 USD
Downside 8%
7 months ago
Sep 12, 2023
CareTrust Poised For 10.8% Boom In 2024: Analyst Praises Portfolio Optimization & Balance Sheet
Benzinga
Michael Carroll
RBC Capital
Price Target 23 USD
Upside/Downside 8%
View Source
CareTrust REIT Inc Competitors:
Price Targets
OHI
Omega Healthcare Investors Inc
7% Upside
GMRE
Global Medical REIT Inc
31% Upside
HCW
Healthco Healthcare and Wellness Reit
31% Upside
DOC
Physicians Realty Trust
15% Upside
UHT
Universal Health Realty Income Trust
9% Downside
LTC
LTC Properties Inc
3% Upside
AED
Aedifica NV
7% Upside
IHR
Impact Healthcare REIT PLC
37% Upside

Revenue
Forecast

Revenue Estimate
CareTrust REIT Inc

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's revenue is 14%. The projected CAGR for the next 3 years is 9%.

14%
Past Growth
9%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
CareTrust REIT Inc

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's operating income is 18%. The projected CAGR for the next 3 years is 10%.

18%
Past Growth
10%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
CareTrust REIT Inc

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's net income is 24%. The projected CAGR for the next 3 years is 41%.

24%
Past Growth
41%
Estimated Growth
Estimates Accuracy
-39%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CTRE's stock price target?
Price Target
25.76 USD

According to Wall Street analysts, the average 1-year price target for CTRE is 25.76 USD with a low forecast of 23.23 USD and a high forecast of 28.35 USD.

What is CareTrust REIT Inc's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's revenue is 14%. The projected CAGR for the next 3 years is 9%.

What is CareTrust REIT Inc's Operating Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's operating income is 18%. The projected CAGR for the next 3 years is 10%.

What is CareTrust REIT Inc's Net Income forecast?
Projected CAGR
41%

For the last 8 years the compound annual growth rate for CareTrust REIT Inc's net income is 24%. The projected CAGR for the next 3 years is 41%.