Community Healthcare Trust (CHCT) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CHCT shares.
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5 brokers have issued 1-year target prices for Community Healthcare Trust's shares. Their CHCT share price forecasts range from $39.00 to $48.00. On average, they expect the company's share price to reach $43.50 in the next year. This suggests a possible upside of 23.6% 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 at the beginning of 2023. Since then, CHCT stock has decreased by 1.7% and is now trading at $35.19.
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Community Healthcare Trust saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 431,600 shares, a decline of 16.9% from the April 15th total of 519,200 shares. Based on an average trading volume of 108,300 shares, the days-to-cover ratio is currently 4.0 days.
View Community Healthcare Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our CHCT earnings forecast.

Community Healthcare Trust Incorporated (NYSE:CHCT) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.04. Community Healthcare Trust had a net margin of 9.44% and a trailing twelve-month return on equity of 1.97%. During the same period in the prior year, the company earned $0.57 EPS.

Community Healthcare Trust declared a quarterly dividend on Thursday, April 27th. Investors of record on Friday, May 12th will be paid a dividend of $0.45 per share on Friday, May 26th. This represents a $1.80 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date of this dividend is Thursday, May 11th. This is an increase from the stock's previous quarterly dividend of $0.45.
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), Opus Small Cap Value Plus ETF (OSCV), Syntax Stratified SmallCap ETF (SSLY), Invesco S&P SmallCap Financials ETF (PSCF), U.S. Diversified Real Estate ETF (PPTY), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and SP Funds S&P Global REIT Sharia ETF (SPRE).

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.80 per share and currently has a dividend yield of 5.41%. 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 620.71%. 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 67.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHCT.

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 $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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHCT."

Community Healthcare Trust's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (17.66%), State Street Corp (5.82%), Prudential Financial Inc. (2.70%), Aristotle Capital Boston LLC (2.28%), Bank of New York Mellon Corp (2.22%) and Connectus Wealth LLC (2.12%).
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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One share of CHCT stock can currently be purchased for approximately $35.19.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $925.50 million and generates $97.68 million in revenue each year. The real estate investment trust earns $22.02 million in net income (profit) each year or $0.29 on an earnings per share basis.

Community Healthcare Trust's mailing address is 3326 Aspen Grove Drive Suite 150, Franklin TN, 37067. The official website for the company is www.chct.reit. The real estate investment trust can be reached via phone at (615) 771-3052, via email at investorrelations@chct.reit, or via fax at 615-771-3064.