BMO Capital analyst Juan C. Sanabria maintained a Buy rating on CareTrust REIT (NASDAQ:CTRE) on Friday, setting a price target of $26, which is approximately 15.81% above the present share price of $22.45.
C. Sanabria expects CareTrust REIT to post earnings per share (EPS) of $0.22 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in CareTrust REIT, with an average price target of $25.
The analysts price targets range from a high of $26 to a low of $24.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $43.81 million and a net profit of $26.29 million. The company's market cap is $2.16 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.8% and a 56.90% success rate.
CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.