Cohen & Steers Reduces $165M in CareTrust REIT, Inc. ($CTRE)

Key Points

  • Cohen & Steers changed its CareTrust REIT, Inc. ($CTRE) stake by 27.3% last quarter, cutting to 11,983,376 shares worth $440.39 million.
  • Wall Street's consensus rating on $CTRE is Strong Buy and an average price target of $45.42.
  • $CTRE last traded around $36.75.

Cohen & Steers reduced its position in CareTrust REIT, Inc. ($CTRE) by 27.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,983,376 shares of CareTrust REIT, Inc. after selling 4,493,546 shares during the quarter. Cohen & Steers's holdings in CareTrust REIT, Inc. were worth $440.39 million as of its most recent filing.

CareTrust REIT, Inc. ($CTRE) Stock

Last price$36.75
Market cap$8.71B
P/E ratio23.32
Forward P/E21.15
Beta0.79
52-week low$27.81
52-week high$43.08
50-day MA$39.47
200-day MA$37.36
Current ratio2.11
Quick ratio1.75
Debt-to-equity0.72

CareTrust REIT, Inc. Earnings

EPS (ttm)$1.58
Revenue (ttm)$522.56M
Revenue growth3.2%
Net margin64.1%
Return on equity9.4%
Next earningsMay 7, 2026

CareTrust REIT, Inc. Dividend

Annual dividend$1.56
Dividend yield423.00%
Payout ratio88.3%
Ex-dividend dateMar 31, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$45.42
High target$49.00
Low target$42.00
Analysts covering12

About CareTrust REIT, Inc.

CareTrust REIT, Inc. is a self-administered, publicly traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, senior housing and other healthcare-related properties. As of December 31, 2025, CareTrust REIT owned, directly or indirectly in consolidated joint ventures, and leased to independent operators, 407 skilled nursing facilities (each, a SNF), senior housing communities and other properties consisting of 37,628 operational beds and units located in 32 states and the United Kingdom, with the highest concentration of properties by rental income located in California, the U.K., Texas, and Tennessee. As of December 31, 2025, we also had other real estate related investments consisting of four preferred equity investments, 16 real estate secured loans receivable and five mezzanine loans receivable with a carrying value of 899.3 million US dollars and one financing receivable with a carrying value of 92.2 million US dollars. CareTrust REIT, Inc. was established and incorporated on October 29, 2013 and is based in Dana Point, United States.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Healthcare Facilities
HeadquartersDana Point, CA
CEOMr. David M. Sedgwick
Employees43

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.