Caretrust REIT (NYSE:CTRE) Downgraded by Wall Street Zen to Hold

Wall Street Zen downgraded shares of Caretrust REIT (NYSE:CTRE) from a buy rating to a hold rating in a report released on Saturday.

Caretrust REIT Trading Down 2.3%

Shares of Caretrust REIT stock opened at $28.15 on Friday. Caretrust REIT has a one year low of $24.35 and a one year high of $33.15. The company has a market cap of $5.40 billion, a P/E ratio of 30.60 and a beta of 0.83.

Caretrust REIT Company Profile

CareTrust REIT, Inc is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.