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NYSE: CTRE
Caretrust Reit Inc Stock Forecast, Predictions & Price Target

Analyst price target for CTRE

Based on 3 analysts offering 12 month price targets for Caretrust Reit Inc.
Min Forecast
$23.00-3.4%
Avg Forecast
$24.00+0.8%
Max Forecast
$25.00+5%

Should I buy or sell CTRE stock?

Based on 3 analysts offering ratings for Caretrust Reit Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CTRE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-05
lockedlocked$00.00+00.00%2023-11-27

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Forecast return on equity

Is CTRE forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is CTRE forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CTRE revenue forecast

What is CTRE's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$238.3M+9.41%
Avg 2 year Forecast
$264.6M+21.53%
Avg 3 year Forecast
$267.3M+22.76%
CTRE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CTRE earnings growth forecast

How is CTRE forecast to perform vs REIT - Healthcare Facilities companies and vs the US market?
Company
105.04%
Industry
66.69%
Market
21.81%
CTRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CTRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CTRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CTRE revenue growth forecast

How is CTRE forecast to perform vs REIT - Healthcare Facilities companies and vs the US market?
Company
7.8%
Industry
6.08%
Market
10.08%
CTRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CTRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CTRE vs Healthcare Facility REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
CTRE$23.81$24.00+0.80%Buy
SBRA$13.70$18.00+31.39%Strong Buy
MPW$4.57$5.25+14.88%Hold
NHI$62.85$61.86-1.58%Buy
HTIA$14.56N/AN/A

Caretrust Reit Stock Forecast FAQ

Is Caretrust Reit Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: CTRE) stock is to Buy CTRE stock.

Out of 3 analysts, 1 (33.33%) are recommending CTRE as a Strong Buy, 1 (33.33%) are recommending CTRE as a Buy, 1 (33.33%) are recommending CTRE as a Hold, 0 (0%) are recommending CTRE as a Sell, and 0 (0%) are recommending CTRE as a Strong Sell.

If you're new to stock investing, here's how to buy Caretrust Reit stock.

What is CTRE's revenue growth forecast for 2024-2026?

(NYSE: CTRE) Caretrust Reit's forecast annual revenue growth rate of 7.8% is forecast to beat the US REIT - Healthcare Facilities industry's average forecast revenue growth rate of 6.08%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Caretrust Reit's revenue in 2024 is $217,770,000.On average, 3 Wall Street analysts forecast CTRE's revenue for 2024 to be $31,094,521,198, with the lowest CTRE revenue forecast at $28,828,199,293, and the highest CTRE revenue forecast at $35,601,325,338. On average, 3 Wall Street analysts forecast CTRE's revenue for 2025 to be $34,537,331,183, with the lowest CTRE revenue forecast at $32,096,395,739, and the highest CTRE revenue forecast at $39,346,772,688.

In 2026, CTRE is forecast to generate $34,888,907,321 in revenue, with the lowest revenue forecast at $34,685,583,036 and the highest revenue forecast at $35,092,362,109.

What is CTRE's forecast return on assets (ROA) for 2024-2027?

(NYSE: CTRE) forecast ROA is N/A, which is lower than the forecast US REIT - Healthcare Facilities industry average of N/A.

What is CTRE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CTRE price target, the average CTRE price target is $24.00, with the highest CTRE stock price forecast at $25.00 and the lowest CTRE stock price forecast at $23.00.

On average, Wall Street analysts predict that Caretrust Reit's share price could reach $24.00 by Jan 31, 2025. The average Caretrust Reit stock price prediction forecasts a potential upside of 0.8% from the current CTRE share price of $23.81.

What is CTRE's forecast return on equity (ROE) for 2024-2027?

(NYSE: CTRE) forecast ROE is N/A, which is considered weak.
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