CareTrust REIT, Inc. (CTRE)
CareTrust REIT, Inc. operates in the REIT - Healthcare Facilities industry of the Real Estate sector, headquartered in Dana Point, CA, US. The stock last traded at $37.41, up 0.24% on the session, giving a market capitalisation of $8.84B. On trailing twelve-month figures it carries a trailing P/E of 23.24, a net margin of 65.4%. Its beta of 0.79 implies it has historically moved less than the broad market.
CareTrust REIT, Inc. operates as a self-managed, publicly traded real estate investment trust. The company specializes in the ownership, acquisition, development, and leasing of various healthcare properties, including skilled nursing facilities, seniors' housing complexes, and other related medical real estate. It maintains a broad, nationwide portfolio of assets, all under long-term net lease agreements with an expanding group of reputable operators. CareTrust REIT is actively pursuing strategic growth across the United States, leveraging both external investments and organic expansion opportunities.
CareTrust REIT, Inc. is most often compared with the following Real Estate names: