CareTrust REIT (CTRE)
Market Price (12/4/2025): $37.7 | Market Cap: $8.0 BilSector: Real Estate | Industry: Health Care REITs
CareTrust REIT (CTRE)
Market Price (12/4/2025): $37.7Market Cap: $8.0 BilSector: Real EstateIndustry: Health Care REITs
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2% | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% | Expensive valuation multiplesP/SPrice/Sales ratio is 23x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48% | ||
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 56% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 107%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 103% | ||
| Low stock price volatilityVol 12M is 23% | ||
| Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 56% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 107%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 103% |
| Low stock price volatilityVol 12M is 23% |
| Megatrend and thematic driversMegatrends include Aging Population & Chronic Disease. Themes include Geriatric Care. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 23x |
Valuation, Metrics & Events
CTRE Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are key points explaining the 10.6% stock movement for CareTrust REIT (CTRE) from approximately August 31, 2025, to December 4, 2025:
1. Strong Third Quarter 2025 Financial Results: CareTrust REIT reported robust operating results for the third quarter ended September 30, 2025, which were announced on November 5, 2025. The company saw significant increases, including a 67% rise in net income, an 18% increase in normalized Funds From Operations (FFO), and a 13% increase in normalized Funds Available for Distribution (FAD) compared to the prior year quarter.
2. Strategic Acquisitions and Portfolio Expansion: CareTrust REIT executed significant investment activity, closing $59.4 million in investments during the third quarter of 2025. Since the quarter end, an additional $436.5 million in investments were closed. This aggressive growth strategy included the entry into the UK market earlier in 2025 with the acquisition of Care REIT plc and, more recently, the acquisition of three Texas senior living communities for approximately $40 million, effective December 1, 2025, marking the company's first investment in the Senior Housing Operating Portfolio (SHOP) segment.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CTRE Return | 14% | 8% | -14% | 27% | 26% | 43% | 143% |
| Peers Return | -17% | 10% | -14% | 15% | 19% | 30% | 39% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| CTRE Win Rate | 58% | 58% | 58% | 58% | 67% | 60% | |
| Peers Win Rate | 60% | 53% | 42% | 57% | 67% | 62% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| CTRE Max Drawdown | -61% | -7% | -28% | -3% | -9% | -8% | |
| Peers Max Drawdown | -57% | -10% | -26% | -13% | -15% | -6% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: VTR, HR, SBRA, UHT, WELL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | CTRE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -33.6% | -25.4% |
| % Gain to Breakeven | 50.6% | 34.1% |
| Time to Breakeven | 707 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -65.7% | -33.9% |
| % Gain to Breakeven | 191.2% | 51.3% |
| Time to Breakeven | 274 days | 148 days |
| 2018 Correction | ||
| % Loss | -34.4% | -19.8% |
| % Gain to Breakeven | 52.5% | 24.7% |
| Time to Breakeven | 199 days | 120 days |
Compare to VTR, HR, SBRA, UHT, WELL
In The Past
CareTrust REIT's stock fell -33.6% during the 2022 Inflation Shock from a high on 7/21/2021. A -33.6% loss requires a 50.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to CTRE. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 8.5% | 8.5% | -5.8% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 8.5% | 8.5% | -5.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for CareTrust REIT
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 39.16 |
| Mkt Cap | 7.1 |
| Rev LTM | 965 |
| Op Inc LTM | 224 |
| FCF LTM | 338 |
| FCF 3Y Avg | 270 |
| CFO LTM | 406 |
| CFO 3Y Avg | 402 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.3% |
| Rev Chg 3Y Avg | 15.8% |
| Rev Chg Q | 13.6% |
| QoQ Delta Rev Chg LTM | 3.2% |
| Op Mgn LTM | 26.0% |
| Op Mgn 3Y Avg | 25.1% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 42.4% |
| CFO/Rev 3Y Avg | 42.0% |
| FCF/Rev LTM | 37.0% |
| FCF/Rev 3Y Avg | 35.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.1 |
| P/S | 5.9 |
| P/EBIT | 20.0 |
| P/E | 29.1 |
| P/CFO | 17.1 |
| Total Yield | 4.2% |
| Dividend Yield | 4.5% |
| FCF Yield 3Y Avg | 4.4% |
| D/E | 0.5 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.3% |
| 3M Rtn | 7.8% |
| 6M Rtn | 28.3% |
| 12M Rtn | 21.4% |
| 3Y Rtn | 89.6% |
| 1M Excs Rtn | 7.4% |
| 3M Excs Rtn | 1.9% |
| 6M Excs Rtn | 13.6% |
| 12M Excs Rtn | 5.6% |
| 3Y Excs Rtn | 26.6% |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5012025 | 10-Q 3/31/2025 |
| 12312024 | 2122025 | 10-K 12/31/2024 |
| 9302024 | 10292024 | 10-Q 9/30/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5022024 | 10-Q 3/31/2024 |
| 12312023 | 2082024 | 10-K 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 2092023 | 10-K 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 2162022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |