
CareTrust REIT (CTRE) Stock Forecast & Price Target
CareTrust REIT (CTRE) Analyst Ratings
Bulls say
CareTrust REIT Inc. is undertaking a significant $817 million merger with Care REIT, which is expected to provide immediate accretion to its financial position. The merger also allows for the strategic deployment of CareTrust's under-leveraged balance sheet, enhancing its capacity for future growth. This combination of immediate financial benefits and increased leverage potential contributes to a positive outlook for the company's stock.
Bears say
CareTrust REIT Inc. faces a negative outlook due to potential tenant headwinds and disruptions that could impede earnings growth, which raises concerns about the company's financial stability. Additionally, the company's initial lease yield of 8.1% is lower than the approximately 10% cash lease yields reported by similar U.S. REITs investing in the UK, indicating relative inefficiency in rental income generation. Furthermore, tax leakage associated with repatriating profits to the U.S. may adversely affect investment yields by an estimated 50 to 100 basis points, compounding the financial challenges.
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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