
CareTrust REIT (CTRE) Stock Forecast & Price Target
CareTrust REIT (CTRE) Analyst Ratings
Bulls say
CareTrust REIT's planned $817 million merger with Care REIT reflects a positive outlook due to the immediate accretion it is expected to generate. Furthermore, the company's under-leveraged balance sheet provides significant potential for further deployment of capital, enhancing its financial flexibility. This strategic move into the UK market positions CareTrust REIT for growth, leveraging its established expertise in healthcare-related real estate investments.
Bears say
CareTrust REIT Inc. faces significant risks to its earnings growth due to potential tenant headwinds and disruptions that could hinder financial performance. The company's initial lease yield of 8.1% is considered low in comparison to the approximately 10% cash lease yields seen in other U.S. REIT peers, suggesting that CareTrust may not be maximizing its revenue potential. Additionally, tax leakage from the repatriation of profits to the U.S. could negatively impact investment yield by 50 to 100 basis points, further exacerbating the financial challenges facing the company.
This aggregate rating is based on analysts' research of CareTrust REIT and is not a guaranteed prediction by Public.com or investment advice.
CareTrust REIT (CTRE) Analyst Forecast & Price Prediction
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