Setting A New 52 Week High, Caretrust REIT Inc (Nasdaq:CTRE) Settle At $23.87

Caretrust REIT Inc (Nasdaq:CTRE)

March 15th, 2019

With markets going up Caretrust REIT Inc finished Friday’s trading session down 0.42%, a ($0.10) decrease to close on $23.87. Despite the drop in price it hit a new 52 week high of $24.10.

CTRE was outperformed by the rest of the Real Estate sector which went down only -0.38%.

Analysis results from 8 analysts points to the possibility that Caretrust REIT Inc could decline somewhat (-5.19%), while Finbox has calculated (with low uncertainty) a fair value price of $17.36.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (1.22%), while Real Estate saw the biggest drop (-0.38%). Information Technology has seen the biggest year-to-date gain at 17.76%.

Real Estate and Industrials both saw turn arounds from their five day positive performance, Real Estate with a drop of -0.38%.

Sector Breakdown

  • Information Technology went up with a 1.22% change.
  • Consumer Discretionary went up with a 0.71% change.
  • Financials went up with a 0.64% change.
  • Consumer Staples went up with a 0.50% change.
  • Healthcare went up with a 0.49% change.
  • Utilities went up with a 0.47% change.
  • Materials went up with a 0.20% change.
  • Communication Services went up with a 0.01% change.
  • Energy went down with a -0.08% change.
  • Industrials went down with a -0.25% change.
  • Real Estate went down with a -0.38% change.

Caretrust REIT Inc Info

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 192 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust REIT is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.

All amounts in USD unless otherwise indicated

CTRE daily update
CTRE daily update

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