CareTrust REIT PT receives Investment Bank Analyst Rating Update
CareTrust REIT (NYSE:CTRE) reported Q2 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenue for the quarter came in at $47.56 million versus the consensus estimate of...
BMO Capital analyst Juan C. Sanabria maintained a Buy rating on CareTrust REIT (NASDAQ:CTRE) on Tuesday, setting a price target of $25, which is approximately 20.60% above the...
When companies keep reporting stronger earnings and raising their outlooks for the rest of the year (or at least the next quarter), it’s natural for estimates to keep moving...
CareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust (REIT). The Company is primarily engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company’s real estate portfolio consists of skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs). SNFs are licensed healthcare facilities that provide restorative, rehabilitative and nursing care for people. ALFs have licensed healthcare facilities that provide personal care services, support and housing for those who need help with activities of daily living, such as bathing, eating and dressing and medical care. ILFs, also known as retirement communities or senior apartments. ILF consists of entirely self-contained apartments, complete with their own kitchens, baths and individual living spaces, as well as parking.