CareTrust REIT Inc (CTRE) is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties.

The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).

CareTrust REIT Inc was founded about 2015 and is headquartered in SanClemente CA.

Three key data points gauge CareTrust REIT Inc or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

CTRE Price

Over the past year, CareTrust  share price fell about 0.5% from $20.51 to $20.41 as of Friday’s market close.

If CTRE trades in the range of $18.00 to $26.00 this next year, its recent $20.41 share price might rise to $24.50 by next year. Of course, CTRE’s price could drop about the same $4.09 estimated amount, or more.

My annual upside estimate of $4.09 however, nearly the same as the median of one year price targets form 9 analysts tracking CTRE for brokers.

CTRE Dividend

CareTrust REIT Inc has declared variable quarterly  dividends since January, 2015. CTRE’s most recent Q dividend of $0.28 was declared December 18  to shareholders of record December 28th. The annual payout totalled $1.12 and the latest quarterly payment was made January 12th.

A forward looking $1.12 annual dividend yields 5.49% at Friday’s $20.41 share price.

CTRE Returns

To put it all together, add the estimated annual dividend of $1.12 to the estimated price upside of $4.09 to find a $5.21 gross gain.

At Friday’s $20.41 share price, a little over $1000 would buy 49 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.20 per share.

Subtracting that likely $0.20 brokerage cost from the $5.21 gross gain produces a net gain of $5.01 X 49 shares = $245.49 for a 24.5% estimated net gain.

Furthermore, the estimated $54.90 of annual dividend income from $1k invested is about 2.69 times greater than CTRE’s recent $20.41 single share price.

The exact track of CTRE’s ongoing future price and dividend will be determined by market action.

Remember, the true value of any stock is best realized through personal ownership of shares.

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