How to Buy Caretrust Reit Stock
Caretrust Reit Inc
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties.
Caretrust Reit stock last closed at $23.81, down 0.38% from the previous day, and has increased 24.53% in one year. It has overperformed other stocks in the REIT - Healthcare Facilities industry by 0.24 percentage points. Caretrust Reit stock is currently +30.97% from its 52-week low of $18.18, and -3.29% from its 52-week high of $24.62.
At the moment, there are 130.5M shares of CTRE outstanding. The market capitalization of CTRE is $3.11B. In the past 24 hours, 633,358 CTRE shares were traded.
How to Buy Caretrust Reit Stock
Not sure how to invest in Caretrust Reit stock? Here's how.
- Choose where to buy Caretrust Reit stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Caretrust Reit stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your info.
- Analyze Caretrust Reit stock: The Caretrust Reit ticker symbol is CTRE. Is Caretrust Reit stock a good investment? Should you buy shares of CTRE? How do CTRE's underlying business fundamentals look? Do top analysts think Caretrust Reit is a good buy? Why has CTRE's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CTRE is a good stock to buy).
- Make your CTRE trade: Decide if you will purchase CTRE shares at the current market price or use a limit order to buy CTRE stock at a given price.
- Get key alerts regarding your CTRE investment: Create a watchlist to keep tabs on your investment in Caretrust Reit shares.
Step 1: Choose where to buy Caretrust Reit stock
You will need a brokerage account in order to access the NYSE market and buy CTRE stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in CTRE stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
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Step 3: Fund your investment account
Now that you've filled out your info on the greatest app to buy stocks, you need to deposit funds:
Check out the video below to see the process of depositing money into your brokerage account.
Step 4: Analyze Caretrust Reit stock
Once you have decided on the best place to buy Caretrust Reit stock, it's crucial to research their stock before you invest, so you can wrap your head around the risk and upside.
Overview of key CTRE info
CTRE Zen Score
WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CTRE's stock page.
Is CTRE stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CTRE's fair value.
Using relative valuations methods:
- CTRE may be overvalued based on its P/E ratio of 47.62x, relative to REIT - Healthcare Facilities industry P/E ratio of 12.42x
- CTRE could be overvalued based on its P/B ratio of 2.19x, relative to REIT - Healthcare Facilities industry P/B ratio of 1.57x
- CTRE may be undervalued based on its PEG ratio of 0.45x
You can do more valuation analysis on CTRE's stock here.
CTRE Financials at a glance
Signs that CTRE is financially healthy:
- CTRE profit margin has gone up from -3.8% to 24.7% in the past year.
- Total CTRE debt is lower than 5 years ago, relative to shareholder equity.
Signs that CTRE is not financially healthy:
- CTRE has a relatively high debt to equity ratio of 0.47.
Is it a good time to buy CTRE stock, according to Wall Street analysts?
Out of 3 Wall Street analysts who give forecasts on CTRE, the consensus analyst rating on CTRE is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Caretrust Reit stock forecast page.
CTRE Momentum
Is CTRE Growing Revenue?
Last year, CTRE earnings were $53.74M. During the past 5 year, CTRE's earnings have increased by -7.29% per year. This was faster than the REIT - Healthcare Facilities industry average of -13.98%.
Last year, CTRE revenue was $217.77M. Over the last 5 year, CTRE's revenue has increased by 6.77% per year. This was faster than the REIT - Healthcare Facilities industry average of 6.62%.
Dive into CTRE's earnings and revenue performance here.
Who is buying/selling CTRE?
In the last 12 months, executives and large shareholders at CTRE have sold more shares than they have bought.
David M. Sedgwick, President and CEO of CTRE, was the latest CTRE insider to sell. They sold $574,445.76 worth of CTRE stock on Feb 5, 2024.
Research more about who owns CTRE stock here.
Can I get consistent income from CTRE stock?
Caretrust Reit pays a dividend of 4.75%, compared to the REIT - Healthcare Facilities industry's average dividend yield of 7.24%. If you owned $1,000 worth of CTRE stock, you would have received $47.46 in the past year.
Caretrust Reit dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Caretrust Reit dividend yield and history here.
What others are saying about CTRE
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CTRE trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your CTRE investment
Now that you own some CTRE shares, you'll want to stay up-to-date on your new company.
Make a watchlist to track your CTRE stock.
CTRE Feed
How to Buy Stock in Caretrust Reit
To reiterate, here are the 6 steps you need to take to buy Caretrust Reit stock right now:
- Choose where to buy Caretrust Reit stock
- Open a brokerage account
- Fund your investment account
- Analyze Caretrust Reit stock
- Make your CTRE trade
- Get key alerts regarding your CTRE investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your new investment in Caretrust Reit, create a watchlist on WallStreetZen today.
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