CTRE Stock Price

CTRE Stock Overview

Price

$36.39

Previous close

$36.56

Open

$36.49

Market cap

$8.64B

P/E ratio

27.0

52-week range

$32.79 - $43.62

1-year price target

$44.46

Sector

Real Estate

Industry

REIT - Healthcare Facilities

Exchange

NYE

MarketXLS Rank

58

About CareTrust REIT, Inc.

CareTrust REIT, Inc.'s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.