$0.29 EPS Expected for Caretrust REIT Inc (CTRE)

September 28, 2017 – By Peter Erickson

Analysts expect Caretrust REIT Inc (NASDAQ:CTRE) to report $0.29 EPS on November, 1.They anticipate $0.01 EPS change or 3.57 % from last quarter’s $0.28 EPS. CTRE’s profit would be $21.95M giving it 16.28 P/E if the $0.29 EPS is correct. After having $0.30 EPS previously, Caretrust REIT Inc’s analysts see -3.33 % EPS growth. The stock increased 0.40% or $0.07 during the last trading session, reaching $18.89. About 448,274 shares traded. Caretrust REIT Inc (NASDAQ:CTRE) has risen 46.70% since September 28, 2016 and is uptrending. It has outperformed by 30.00% the S&P500.

Caretrust REIT Inc (NASDAQ:CTRE) Ratings Coverage

Among 8 analysts covering Caretrust REIT (NASDAQ:CTRE), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Caretrust REIT had 16 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Tuesday, July 26 by Wells Fargo. The firm has “Overweight” rating by Stephens given on Wednesday, September 14. The company was initiated on Thursday, September 24 by RBC Capital Markets. The stock of Caretrust REIT Inc (NASDAQ:CTRE) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, September 10. The firm has “Mkt Perform” rating by JMP Securities given on Monday, October 24. Barclays Capital initiated Caretrust REIT Inc (NASDAQ:CTRE) on Monday, August 22 with “Equal-Weight” rating. BMO Capital Markets maintained Caretrust REIT Inc (NASDAQ:CTRE) on Thursday, August 3 with “Hold” rating. The stock of Caretrust REIT Inc (NASDAQ:CTRE) earned “Market Perform” rating by BMO Capital Markets on Tuesday, June 20. The rating was maintained by Canaccord Genuity on Thursday, August 3 with “Buy”. The firm has “Buy” rating given on Thursday, March 30 by Canaccord Genuity.

CareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust. The company has market cap of $1.43 billion. The Firm is engaged in the ownership, acquisition and leasing of healthcare-related properties. It has a 41.93 P/E ratio. It makes investments in healthcare-related real estate assets.

More notable recent Caretrust REIT Inc (NASDAQ:CTRE) news were published by: Globenewswire.com which released: “CareTrust REIT, Inc. Announces Quarterly Dividend of $0.17 per Share” on December 19, 2016, also Globenewswire.com with their article: “CareTrust REIT Expands Skilled Nursing Portfolio in Texas” published on September 05, 2017, Globenewswire.com published: “CareTrust REIT Acquires Illinois Skilled Nursing Portfolio” on March 02, 2017. More interesting news about Caretrust REIT Inc (NASDAQ:CTRE) were released by: Seekingalpha.com and their article: “3 Reasons Why This Little-Known REIT Should Be On Your Radar” published on September 13, 2017 as well as Globenewswire.com‘s news article titled: “CareTrust REIT Expands Wisconsin Seniors Housing Portfolio” with publication date: February 02, 2017.