Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

CareTrust REIT, Inc. (CTRE)

Company Dividend Discount ModelIndustry: REIT - Healthcare FacilitiesSector: Real Estate

Valuation Snapshot

Stable Growth$31.66 - $84.00$48.42
Multi-Stage$23.32 - $25.39$24.34
Blended Fair Value$36.38
Current Price$34.68
Upside4.90%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.39%17.96%0.890.600.550.520.480.420.330.270.190.11
YoY Growth--49.07%8.81%5.31%8.18%15.56%27.97%19.80%41.10%71.04%-33.97%
Dividend Yield--3.11%2.46%2.80%2.70%2.07%2.82%1.39%2.03%1.14%0.89%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)261.38
(-) Cash Dividends Paid (M)234.26
(=) Cash Retained (M)27.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)52.2832.6719.60
Cash Retained (M)27.1227.1227.12
(-) Cash Required (M)-52.28-32.67-19.60
(=) Excess Retained (M)-25.16-5.557.52
(/) Shares Outstanding (M)193.64193.64193.64
(=) Excess Retained per Share-0.13-0.030.04
LTM Dividend per Share1.211.211.21
(+) Excess Retained per Share-0.13-0.030.04
(=) Adjusted Dividend1.081.181.25
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$31.66$48.42$84.00
Upside / Downside-8.70%39.61%142.20%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)261.38278.37296.47315.74336.26358.12368.86
Payout Ratio89.62%89.70%89.77%89.85%89.92%90.00%92.50%
Projected Dividends (M)234.26249.70266.15283.69302.38322.31341.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)226.73228.88231.03
Year 2 PV (M)219.43223.61227.83
Year 3 PV (M)212.37218.47224.68
Year 4 PV (M)205.54213.45221.58
Year 5 PV (M)198.93208.54218.51
PV of Terminal Value (M)3,453.403,620.203,793.39
Equity Value (M)4,516.414,713.154,917.02
Shares Outstanding (M)193.64193.64193.64
Fair Value$23.32$24.34$25.39
Upside / Downside-32.75%-29.82%-26.78%

High-Yield Dividend Screener

« Prev Page 34 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BILI-A.STBilia AB (publ)4.58%$6.0877.85%
SHA.AXSHAPE Australia Corporation Limited4.58%$0.2863.86%
SUTHA.BKGolden Lime Public Company Limited4.58%$0.1279.88%
YUASA.BKYuasa Battery (Thailand) Public Company Limited4.58%$0.6126.69%
001323.SZDe Rucci Healthy Sleep Co., Ltd.4.57%$1.1972.11%
FNAC.PAFnac Darty S.A.4.57%$1.3429.18%
CRSU.PACaisse Régionale de Crédit Agricole Mutuel Sud Rhône Alpes4.56%$8.7019.97%
ELIN.ATElinoil Hellenic Petroleum Company S.A.4.56%$0.1127.16%
000596.SZAnhui Gujing Distillery Co., Ltd.4.55%$6.0467.48%
002483.SZJiangsu Rainbow Heavy Industries Co., Ltd.4.55%$0.3263.40%
002746.SZShandong Xiantan Co., Ltd.4.55%$0.2882.68%
NSL-R.BKNSL Foods Public Company Limited4.55%$1.0551.73%
600350.SSShandong Hi-speed Company Limited4.54%$0.4464.80%
7463.TAdvan Group Co., Ltd.4.54%$41.5719.08%
SEGMN.ISSegmen Kardesler Gid Urt Ve Amblj Sny AS4.54%$0.8469.37%
005180.KSBinggrae Co., Ltd.4.53%$3,299.7936.30%
6873.TWHD Renewable Energy Co., Ltd.4.53%$4.5378.62%
300193.SZShenzhen Jasic Technology Co.,Ltd.4.52%$0.4081.71%
5904.TWOPOYA International Co., Ltd.4.52%$20.1875.14%
600282.SSNanjing Iron & Steel Co., Ltd.4.52%$0.2454.66%
603689.SSAnhui Province Natural Gas DevelopmentCo.,Ltd.4.52%$0.3769.94%
688036.SSShenzhen Transsion Holdings Co., Ltd.4.52%$2.9990.95%
ALCLA.PAClasquin S.A.4.52%$6.4148.30%
023000.KSSAMWONSTEEL Co.,Ltd.4.51%$108.3244.46%
0QNM.LAdecco Group AG4.51%$1.0462.86%
9539.SRAqaseem Factory for Chemicals and Plastics Co.4.51%$0.2165.70%
DUI.AXDiversified United Investment Limited4.51%$0.2470.80%
SLIGR.ASSligro Food Group N.V.4.51%$0.47100.00%
032640.KSLG Uplus Corp.4.50%$650.0160.09%
4165.SRAl Majed Oud Co.4.50%$6.0082.11%
000411.SZZhejiang Int'l Group Co.,Ltd.4.49%$0.5761.70%
002543.SZGuangdong Vanward New Electric Co., Ltd.4.49%$0.4649.41%
003070.KSKolon Global Corporation4.49%$401.8773.73%
601665.SSQilu Bank Co., Ltd.4.49%$0.2628.78%
BSANTANDER.SNBanco Santander-Chile4.49%$3.1956.12%
GPW.WAGielda Papierów Wartosciowych w Warszawie S.A.4.49%$2.9966.28%
SHUR.BRShurgard Self Storage S.A.4.49%$1.3113.81%
044450.KSKSS Line Ltd.4.48%$397.8627.45%
0OR2.LLNA Santé S.A.4.48%$1.1025.22%
2731.TWLion Travel Service Co., Ltd.4.48%$7.4848.12%
4104.TWExcelsior Medical Co., Ltd.4.48%$3.6277.21%
7167.KLAble Global Berhad4.48%$0.0731.97%
7593.TVt Holdings Co.,Ltd.4.48%$24.0056.43%
0IPY.LAubay S.A.4.47%$2.5247.60%
3020.SRYamama Saudi Cement Company4.47%$1.0650.72%
3114.TWOHowteh Technology Co., Ltd.4.47%$1.1951.28%
CCEPCoca-Cola Europacific Partners PLC4.47%$3.9457.53%
CMCanadian Imperial Bank of Commerce4.47%$4.1147.39%
QIIK.QAQatar International Islamic Bank (Q.P.S.C)4.47%$0.5158.75%
1515.HKChina Resources Medical Holdings Company Limited4.46%$0.1423.71%