Community Healthcare Trust - CHCT Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating 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.

2 Wall Street research analysts have issued 1-year price targets for Community Healthcare Trust's shares. Their CHCT share price forecasts range from $43.00 to $45.00. On average, they predict the company's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 32.2% 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 $47.27 on January 1st, 2022. Since then, CHCT shares have decreased by 29.6% and is now trading at $33.29.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CHCT earnings forecast.

Community Healthcare Trust Incorporated (NYSE:CHCT) released its earnings results 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 trailing twelve-month return on equity of 4.83% and a net margin of 24.01%. During the same period in the prior year, the business earned $0.57 EPS.

Community Healthcare Trust declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Friday, August 12th will be given a dividend of $0.442 per share on Friday, August 26th. This represents a $1.77 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Thursday, August 11th. This is a boost from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for CHCT.

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.77 per share and currently has a dividend yield of 5.26%. 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 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 208.24%. 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 67.30% 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 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 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 State Street Corp (6.10%), Price T Rowe Associates Inc. MD (4.21%), Aristotle Capital Boston LLC (2.48%), Connectus Wealth LLC (2.22%), Prudential Financial Inc. (1.86%) and Kennedy Capital Management Inc. (1.66%). Insiders that own company stock include Robert Z Hensley and W Page Barnes.
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 $33.29.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $835.58 million and generates $90.58 million in revenue each year. The real estate investment trust earns $22.49 million in net income (profit) each year or $0.85 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.