Community Healthcare Trust Stock Price, News & Analysis (NYSE:CHCT)

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CHCT shares.
View CHCT analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued twelve-month price targets for Community Healthcare Trust's stock. Their CHCT share price targets range from $32.00 to $44.00. On average, they expect the company's share price to reach $39.00 in the next year. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for CHCT or view top-rated stocks among Wall Street analysts.

Community Healthcare Trust's stock was trading at $35.80 on January 1st, 2023. Since then, CHCT shares have decreased by 24.6% and is now trading at $26.98.
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Community Healthcare Trust saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 232,100 shares, a drop of 19.1% from the October 15th total of 287,000 shares. Based on an average trading volume of 121,700 shares, the days-to-cover ratio is presently 1.9 days.
View Community Healthcare Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our CHCT earnings forecast.

Community Healthcare Trust Incorporated (NYSE:CHCT) released its earnings results on Tuesday, October, 31st. The real estate investment trust reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by $0.52. The real estate investment trust had revenue of $28.74 million for the quarter, compared to the consensus estimate of $28.77 million. Community Healthcare Trust had a trailing twelve-month return on equity of 1.66% and a net margin of 7.69%. During the same period last year, the business earned $0.63 earnings per share.

Community Healthcare Trust announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 9th will be paid a dividend of $0.455 per share on Friday, November 24th. This represents a $1.82 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Wednesday, November 8th. This is a boost from the stock's previous quarterly dividend of $0.45.
Read our dividend analysis for CHCT.

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.82 per share and currently has a dividend yield of 6.82%. CHCT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 827.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CHCT will have a dividend payout ratio of 69.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHCT.

ETFs with the largest weight of Community Healthcare Trust (NYSE:CHCT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Syntax Stratified SmallCap ETF (SSLY).iShares Residential and Multisector Real Estate ETF (REZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Community Healthcare Trust investors own include AT&T (T), Verizon Communications (VZ), Crown Castle (CCI), Digital Realty Trust (DLR), Duke Energy (DUK), NextEra Energy (NEE), AbbVie (ABBV), Pfizer (PFE), STAG Industrial (STAG) and Western Asset Mortgage Capital (WMC).

(CHCT) raised $126 million in an initial public offering (IPO) on Thursday, May 21st 2015. The company issued 6,300,000 shares at a price of $19.00-$21.00 per share. Sandler ONeill + Partners, Evercore ISI and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Janney Montgomery Scott, Oppenheimer and BB&T Capital Markets were co-managers.

Community Healthcare Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (2.41%), Kennedy Capital Management LLC (1.89%), Northern Trust Corp (1.07%), Peregrine Capital Management LLC (0.90%), Legal & General Group Plc (0.77%) and Charles Schwab Investment Management Inc. (0.71%).
View institutional ownership trends.

Shares of CHCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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