S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
MarketBeat Week in Review – 5/29 - 6/2
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
MarketBeat Week in Review – 5/29 - 6/2
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
MarketBeat Week in Review – 5/29 - 6/2
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
MarketBeat Week in Review – 5/29 - 6/2

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

$33.66
+0.93 (+2.84%)
(As of 06/2/2023 ET)
Compare
Today's Range
$32.97
$33.82
50-Day Range
$32.37
$36.85
52-Week Range
$30.38
$43.88
Volume
130,119 shs
Average Volume
90,809 shs
Market Capitalization
$885.26 million
P/E Ratio
116.07
Dividend Yield
5.35%
Price Target
$43.50

Community Healthcare Trust MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.2% Upside
$43.50 Price Target
Short Interest
Bearish
1.65% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$75,084 Bought Last Quarter
Proj. Earnings Growth
8.10%
From $2.47 to $2.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

127th out of 874 stocks

Real Estate Investment Trusts Industry

15th out of 191 stocks


CHCT stock logo

About Community Healthcare Trust (NYSE:CHCT) Stock

Community Healthcare Trust, Inc. engages in the acquisition of real estate properties that are leased to hospitals, doctors, healthcare systems, and other healthcare services providers. It invests in healthcare properties including outpatient treatment and diagnostic facilities, urgent care centers, acute care hospitals, ambulatory surgery centers, assisted living and long-term care facilities, medical office buildings, clinics, specialty hospitals and treatment centers. The company was founded by Timothy G. Wallace on March 28, 2014 and is headquartered in Franklin, TN.

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CHCT Stock News Headlines

Bank Collapse Causes Gold Prices to Soar
Silicon Valley Bank was the second-largest bank in American history to fail, and investors have started piling into the safety and security of gold. But if you're not taking advantage of a little-known way to invest for around $5 today, you're missing out.
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Community Healthcare Trust (CHCT) Q4 FFO Top Estimates
CHCT Community Healthcare Trust Incorporated
Community Healthcare Trust REIT Blasts Higher
See More Headlines

CHCT Price History

CHCT Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 5/26 Dividend
5/11/2023
Dividend Payable
5/26/2023
Today
6/02/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
30
Year Founded
2006

Price Target and Rating

Average Stock Price Forecast
$43.50
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+29.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$22.02 million
Pretax Margin
9.48%

Debt

Sales & Book Value

Annual Sales
$97.68 million
Cash Flow
$2.24 per share
Book Value
$18.80 per share

Miscellaneous

Free Float
24,410,000
Market Cap
$885.26 million
Optionable
Not Optionable
Beta
0.73

Social Links


Key Executives

  • David H. Dupuy
    CEO, Chief Financial Officer, Secretary & Director
  • Jared Martin
    Vice President-Information Technology
  • Leigh Ann Stach
    Chief Accounting Officer & Executive VP
  • M. Stephen Harrison
    Managing Director-Business Development
  • Timothy L. Meyer
    Executive Vice President-Asset Management













CHCT Stock - Frequently Asked Questions

Should I buy or sell Community Healthcare Trust stock right now?

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

What is Community Healthcare Trust's stock price forecast for 2023?

5 brokers have issued twelve-month 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 stock price to reach $43.50 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for CHCT
or view top-rated stocks among Wall Street analysts.

How have CHCT shares performed in 2023?

Community Healthcare Trust's stock was trading at $35.80 at the beginning of the year. Since then, CHCT shares have decreased by 6.0% and is now trading at $33.66.
View the best growth stocks for 2023 here
.

Are investors shorting Community Healthcare Trust?

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 daily volume of 108,300 shares, the days-to-cover ratio is presently 4.0 days.
View Community Healthcare Trust's Short Interest
.

When is Community Healthcare Trust's next earnings date?

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

How were Community Healthcare Trust's earnings last quarter?

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

How often does Community Healthcare Trust pay dividends? What is the dividend yield for Community Healthcare Trust?

Community Healthcare Trust announced a quarterly dividend on Thursday, April 27th. Investors of record on Friday, May 12th will be given 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 5.35%. The ex-dividend date is Thursday, May 11th. This is a positive change from the stock's previous quarterly dividend of $0.45.
Read our dividend analysis for CHCT
.

Is Community Healthcare Trust a good dividend stock?

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.80 per share and currently has a dividend yield of 5.49%. 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.

What other stocks do shareholders of Community Healthcare Trust own?

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).

When did Community Healthcare Trust IPO?

(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 served as the underwriters for the IPO and Janney Montgomery Scott, Oppenheimer and BB&T Capital Markets were co-managers.

What is Community Healthcare Trust's stock symbol?

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

Who are Community Healthcare Trust's major shareholders?

Community Healthcare Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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
.

How do I buy shares of Community Healthcare Trust?

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.
Compare Top Brokerages Here.

What is Community Healthcare Trust's stock price today?

One share of CHCT stock can currently be purchased for approximately $33.66.

How much money does Community Healthcare Trust make?

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $885.26 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.

How can I contact Community Healthcare Trust?

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.

This page (NYSE:CHCT) was last updated on 6/3/2023 by MarketBeat.com Staff

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