
CareTrust REIT (CTRE) Stock Forecast & Price Target
CareTrust REIT (CTRE) Analyst Ratings
Bulls say
CareTrust REIT's planned $817 million merger with Care REIT is viewed positively due to the anticipated immediate accretion to earnings. The merger also presents an opportunity for CareTrust to leverage its under-utilized balance sheet, enhancing financial flexibility for future growth. These strategic moves position CareTrust REIT favorably within the healthcare real estate market, potentially driving long-term value enhancement.
Bears say
The analysis indicates a low initial lease yield of 8.1% for CareTrust REIT, which undercuts the approximately 10% cash lease yields seen in competing U.S. REITs that invest in the UK, raising concerns about the company's competitive positioning. Furthermore, potential tenant headwinds may negatively affect earnings growth, suggesting a risk to the company's financial stability and outlook. Additionally, profit repatriation challenges may introduce a tax impact that could further compress investment yields by 50 to 100 basis points, exacerbating financial pressures on 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
Start investing in CareTrust REIT (CTRE)
Order type
Buy in
Order amount
Est. shares
0 shares