Stock inside Investors Spotlight: CareTrust REIT, Inc. (NASDAQ:CTRE)

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(NASDAQ:CTRE) where JMP Securities provided Mkt Perform rating on the stock on 24-Oct-16. The stock, after opening at $17.14, closed at $17.46 by scoring 2.65%. Looking at the past 52 week period, the stock price is up at 32.78%. These analysts and investment firms use various valuation methods to decide a price target for a stock. The stock gained a consensus recommendation of 2.22 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

The share price of the company (NASDAQ:CTRE) was up +1.02% during the last trading session, with a high of 15.93 and the volume of CareTrust REIT, Inc. shares traded was 1372205. (NASDAQ:CTRE) headed in the future. The median estimate represents a 7.05% increase from the last price of 15.88. They presently have a $16.00 target price on the real estate investment trust's stock. (NASDAQ:CTRE) to Buy with a price target of $18.

Caretrust REIT (NASDAQ:CTRE) has insider ownership of 1.76% and institutional ownership of 77.45%. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

Many Analysts provided their foresight on Revenue Estimates of CareTrust REIT, Inc. where they believe that the company has the potential to earn average revenue of $29.21 Million for the current quarter. The forecast of 4 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. 4 presented the recommendations about the stock as a "Buy" signal and "Overweight" signal was reported by 1.

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(NASDAQ:CTRE) reported its EPS in the last quarter as $0.14/Share lagging the analyst estimate of $0.14/Share by the difference of $0. Equities analysts anticipate that Caretrust REIT will post $0.61 EPS for the current year. Shareholders of record on Friday, March 31st will be issued a dividend of $0.185 per share. Analyst had a consensus estimate of $0.28. The last session's volume of 8.20 million shares was higher than its average volume of 6.62 million shares. Caretrust REIT has a 12-month low of $11.46 and a 12-month high of $15.93. The company has a 1 Year high price target of $16.75. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. The Return on Investment (ROI) is at 0% while it's Return on Equity (ROE) value stands at 7.6%.

The stock showed weekly upbeat performance of 1.69%, which was maintained for the month at 4.24%. The Monthly and Yearly performances are -2.99 percent and 25.13 percent respectively.

09/14/2016 - Stephens began new coverage on CareTrust REIT, Inc. giving the company a " rating. The average volume stands around 0.54 million shares. The co is presenting price to cash flow as 0.32, the low single digit may indicate stock is undervalued and vice versa.

On 1/7/2015 Christopher R Christensen, Director, sold 115,000 with an average share price of $11.71 per share and the total transaction amounting to $1,346,650.00.