Financial Survey: CareTrust REIT (NASDAQ:CTRE) & AMEN Properties (OTCMKTS:AMEN)

CareTrust REIT (NASDAQ:CTRE) and AMEN Properties (OTCMKTS:AMEN) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Profitability

This table compares CareTrust REIT and AMEN Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CareTrust REIT	36.88%	5.32%	3.95%
AMEN Properties	52.71%	39.63%	32.88%

Analyst Recommendations

This is a breakdown of current ratings for CareTrust REIT and AMEN Properties, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CareTrust REIT	0	3	3	0	2.50
AMEN Properties	0	0	0	0	0.00

CareTrust REIT presently has a consensus target price of $30.67, indicating a potential upside of 6.48%. Given CareTrust REIT’s stronger consensus rating and higher probable upside, equities analysts plainly believe CareTrust REIT is more favorable than AMEN Properties.

Dividends

CareTrust REIT pays an annual dividend of $1.16 per share and has a dividend yield of 4.0%. AMEN Properties pays an annual dividend of $40.00 per share and has a dividend yield of 8.0%. CareTrust REIT pays out 161.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Insider & Institutional Ownership

87.8% of CareTrust REIT shares are held by institutional investors. 0.5% of CareTrust REIT shares are held by company insiders. Comparatively, 30.3% of AMEN Properties shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk

CareTrust REIT has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500. Comparatively, AMEN Properties has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500.

Valuation & Earnings

This table compares CareTrust REIT and AMEN Properties”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CareTrust REIT	$217.77 million	22.67	$53.74 million	$0.72	40.00
AMEN Properties	$3.68 million	7.22	$2.05 million	N/A	N/A

CareTrust REIT has higher revenue and earnings than AMEN Properties.

Summary

CareTrust REIT beats AMEN Properties on 8 of the 14 factors compared between the two stocks.

About CareTrust REIT

CareTrust REIT, Inc.’s (CareTrust REIT or the Company) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.

About AMEN Properties

AMEN Properties, Inc. owns oil and gas royalty and working interests in various oil and gas properties in the United States. It holds interests in oil gas and gas royalties through its ownership of SFF Royalty, LLC; and 100% interests in SFF Production, LLC. The company was formerly known as Crosswalk.com, Inc. and changed its name to AMEN Properties, Inc. in October 2002. AMEN Properties, Inc. was incorporated in 1993 and is based in Richardson, Texas.