Date | Price Target | Rating | Analyst |
---|---|---|---|
10/1/2024 | $28.00 → $34.00 | Equal Weight → Overweight | Wells Fargo |
5/29/2024 | $26.00 | Neutral | Wedbush |
1/30/2024 | $23.00 | Hold | Deutsche Bank |
9/20/2023 | $23.00 | Buy | Jefferies |
9/12/2023 | $19.00 → $23.00 | Sector Perform → Outperform | RBC Capital Mkts |
8/16/2023 | $23.50 → $24.00 | Market Perform → Outperform | BMO Capital Markets |
7/27/2023 | $23.00 | Buy | Berenberg |
4/20/2023 | $21.00 | Equal Weight | Wells Fargo |
144 - CareTrust REIT, Inc. (0001590717) (Subject)
8-K - CareTrust REIT, Inc. (0001590717) (Filer)
424B5 - CareTrust REIT, Inc. (0001590717) (Filer)
Wells Fargo upgraded CareTrust REIT from Equal Weight to Overweight and set a new price target of $34.00 from $28.00 previously
Wedbush initiated coverage of CareTrust REIT with a rating of Neutral and set a new price target of $26.00
Deutsche Bank initiated coverage of CareTrust REIT with a rating of Hold and set a new price target of $23.00
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 4-facility, 396-bed/unit skilled nursing portfolio located in the Mid-Atlantic for a total investment amount of approximately $74.7 million (inclusive of transaction costs). One of the four facilities acquired is a skilled nursing and assisted living campus, which includes 47 assisted living units. In connection with the acquisition, the company entered into a triple-net master lease with a new operator relationship for the company. The operator is an experienced skilled nursing operator who has operated facilities across multiple states. The new master lease has an initial term of 15 years with two, 5-year extension o
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.29 per common share. The current dividend will be payable to common stockholders of record as of the close of business on September 30, 2024. The Company intends to pay the dividend on or about October 15, 2024. About CareTrust REITTM 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. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of qualit
CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August 7th, 2024, the company closed an investment in a 134-licensed bed skilled nursing facility located on the West Coast. CareTrust's investment in the 125-bed Mid-Atlantic facility, inclusive of transaction costs, was approximately $37.7 million and will generate initial annual base rent of approximately $3.4 million. The company has leased the facility pursuant to a new 15-year N
The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022. Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period to pursue entrepreneurial opportunities. Mr. Callister currently serves as CareTrust's Executive Vice President. "On behalf of the Board and all of us at CareTrust, I express our admiration and gratitude for the tremendous impact Mark has had on building the company since the beginning," said Chief Executive Officer, Dave Sedgwick. "Mark has always been a true partner and friend and we wish him continued success in the
The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) today announced the resignation of Greg Stapley as Executive Chair of the Company's Board of Directors. The Board also announced that Lead Independent Director Diana Laing was appointed to replace Mr. Stapley as Chair of the Board, and Chief Executive Officer David Sedgwick was appointed as a director. Mr. Stapley's resignation from the Board follows his relinquishment of the Chief Executive role last January. As previously announced, Mr. Stapley and his wife have accepted a full-time international volunteer assignment for The Church of Jesus Christ of Latter-day Saints. "As my missionary service in Mexico draws near, I have carefu
SAN CLEMENTE, Calif., March 16, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) today announced that Allen C. Barbieri has retired as a member of its Board of Directors after six years of service, effective March 10, 2022. The Board also announced the appointment of Careina D. Williams to succeed Mr. Barbieri, effective immediately. "We are grateful to Allen for his contributions in shepherding CareTrust from our early days to where we are today," said Greg Stapley, CareTrust's Executive Chairman. Mr. Barbieri served as chairman of both the Nominating & Corporate Governance Committee and the Board's Sustainability & Corporate Responsibility Committee,
During the last three months, 4 analysts shared their evaluations of CareTrust REIT (NYSE:CTRE), revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 2 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $26.5, a high estimate of $27.00, and a low estimate of $26.00. Observing a 10.42% increase,
Deutsche Bank analyst Omotayo Okusanya maintains CareTrust REIT (NYSE:CTRE) with a Hold and raises the price target from $23 to $27.
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded $90 million of a senior mortgage loan in connection with the borrower's acquisition of an 8-facility skilled nursing portfolio located in the Southeastern United States. The portfolio, consisting of 1,011 skilled nursing beds and 150 assisted living beds, has been acquired by an experienced, regional health care real estate owner and operator, which took over operations effective June 1, 2024.
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
SC 13G/A - CareTrust REIT, Inc. (0001590717) (Subject)
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 4-facility, 396-bed/unit skilled nursing portfolio located in the Mid-Atlantic for a total investment amount of approximately $74.7 million (inclusive of transaction costs). One of the four facilities acquired is a skilled nursing and assisted living campus, which includes 47 assisted living units. In connection with the acquisition, the company entered into a triple-net master lease with a new operator relationship for the company. The operator is an experienced skilled nursing operator who has operated facilities across multiple states. The new master lease has an initial term of 15 years with two, 5-year extension o
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.29 per common share. The current dividend will be payable to common stockholders of record as of the close of business on September 30, 2024. The Company intends to pay the dividend on or about October 15, 2024. About CareTrust REITTM 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. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of qualit
CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August 7th, 2024, the company closed an investment in a 134-licensed bed skilled nursing facility located on the West Coast. CareTrust's investment in the 125-bed Mid-Atlantic facility, inclusive of transaction costs, was approximately $37.7 million and will generate initial annual base rent of approximately $3.4 million. The company has leased the facility pursuant to a new 15-year N
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)
4 - CareTrust REIT, Inc. (0001590717) (Issuer)