CareTrust REIT CTRE
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
CareTrust REIT (CTRE) Business Model and Operations Summary
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
Key Insights
CareTrust REIT (CTRE) Core Market Data and Business Metrics
Latest Closing Price
$28.48Market Cap
$4.03 BillionPrice-Earnings Ratio
35.60Total Outstanding Shares
142.06 Million SharesTotal Employees
17Dividend
$0.34 Per Share QuarterlyIPO Date
May 29, 2014SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
905 Calle Amanecer, Suite 300, San Clemente, CA, 92673
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $244.25 Million |
| Net Cash Flow From Operating Activities, Continuing | $244.25 Million |
| Net Cash Flow From Investing Activities, Continuing | $-1.51 Billion |
| Net Cash Flow From Financing Activities | $1.19 Billion |
| Net Cash Flow From Investing Activities | $-1.51 Billion |
| Net Cash Flow From Financing Activities, Continuing | $1.19 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $890,000 |
| Basic Average Shares | $154.79 Million |
| Income/Loss From Continuing Operations After Tax | $124.40 Million |
| Basic Earnings Per Share | $0.81 |
| Revenues | $296.29 Million |
| Depreciation and Amortization | $56.83 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $124.40 Million |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $124.40 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $3.44 Billion |
| Noncurrent Liabilities | $0 |
| Current Liabilities | $507.63 Million |
| Assets | $3.44 Billion |
| Liabilities | $507.63 Million |
| Long-term Debt | $396.93 Million |
Historical Dividends
Current dividend: $0.34 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 18, 2025 | Apr 15, 2025 | Mar 31, 2025 | $0.335 | Quarterly |
| Dec 16, 2024 | Jan 15, 2025 | Dec 31, 2024 | $0.29 | Quarterly |
| Sep 16, 2024 | Oct 15, 2024 | Sep 30, 2024 | $0.29 | Quarterly |
| Jun 17, 2024 | Jul 15, 2024 | Jun 28, 2024 | $0.29 | Quarterly |
| Mar 18, 2024 | Apr 15, 2024 | Mar 28, 2024 | $0.29 | Quarterly |
| Dec 18, 2023 | Jan 12, 2024 | Dec 29, 2023 | $0.28 | Quarterly |