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 present share price of $20.73.
C. Sanabria expects CareTrust REIT to post earnings per share (EPS) of $0.12 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in CareTrust REIT, with an average price target of $23.33.
The analysts price targets range from a high of $25 to a low of $22.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $48.09 million and a net profit of $27.92 million. The company's market cap is $2.01 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.1% and a 60.00% 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.