
CareTrust REIT (CTRE) Stock Forecast & Price Target
CareTrust REIT (CTRE) Analyst Ratings
Bulls say
CareTrust REIT's planned $817 million merger with Care REIT represents a strategically positive move that promises immediate accretion and enhanced growth prospects. The merger enables the deployment of CareTrust REIT's currently under-leveraged balance sheet, allowing for increased investment opportunities and financial flexibility. This strategic expansion into the UK market is expected to bolster the company's position in healthcare real estate and potentially drive revenue growth.
Bears say
CareTrust REIT Inc faces significant risks due to potential tenant headwinds and other disruptions that could hinder its earnings growth, raising concerns about the company's financial stability. The company's initial lease yield of 8.1% is comparatively low when analyzed against the approximately 10% cash lease yields of other U.S. REITs, indicating a weaker competitive position in the market. Additionally, the potential tax leakage resulting from the repatriation of profits to the U.S. could further compress investment yields by 50 to 100 basis points, exacerbating financial challenges for 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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