Wells Fargo analyst Connor Siversky maintained a Hold rating on CareTrust REIT (CTRE – Research Report) today and set a price target of $24.00. The company’s shares closed last Friday at $23.09.
According to TipRanks, Siversky is an analyst with an average return of -0.9% and a 45.79% success rate. Siversky covers the Real Estate sector, focusing on stocks such as Omega Healthcare, Agree Realty, and National Health Investors.
Currently, the analyst consensus on CareTrust REIT is a Moderate Buy with an average price target of $23.83.
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CTRE market cap is currently $3.01B and has a P/E ratio of 45.96.
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CareTrust REIT (CTRE) Company Description:
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.
Read More on CTRE:
- A New Cause for Concern: CareTrust REIT Adds a New Cyber Security Risk
- CareTrust REIT Releases Q4 and Annual Financial Update
- CareTrust REIT sees FY24 normalized FFO $1.43-$1.45, consensus $1.55
- CareTrust REIT reports Q4 normalized FFO 36c, consensus 36c
- CTRE Earnings Report this Week: Is It a Buy, Ahead of Earnings?
