Community Healthcare Trust - CHCT Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHCT shares.
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5 Wall Street research analysts have issued twelve-month price targets for Community Healthcare Trust's stock. Their CHCT share price forecasts range from $39.00 to $48.00. On average, they anticipate the company's share price to reach $43.50 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
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Community Healthcare Trust's stock was trading at $35.80 at the start of the year. Since then, CHCT shares have increased by 19.2% and is now trading at $42.69.
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Community Healthcare Trust saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 503,000 shares, an increase of 31.2% from the December 15th total of 383,500 shares. Based on an average trading volume of 128,600 shares, the days-to-cover ratio is presently 3.9 days. Currently, 2.1% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our CHCT earnings forecast.

Community Healthcare Trust will be holding an earnings conference call on Wednesday, February 15th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9915697".

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 for the quarter, missing the consensus estimate of $0.25 by $0.04. Community Healthcare Trust had a net margin of 23.95% and a trailing twelve-month return on equity of 4.86%. During the same quarter in the prior year, the business posted $0.57 EPS.

Community Healthcare Trust announced a quarterly dividend on Thursday, October 27th. Investors of record on Thursday, November 10th will be given a dividend of $0.445 per share on Friday, November 25th. This represents a $1.78 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Wednesday, November 9th. This is an increase 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 $1.78 per share and currently has a dividend yield of 4.22%. 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 206.98%. 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 71.77% 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 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 a number of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.08%), Manning & Napier Group LLC (0.84%), Cox Capital Mgt LLC (0.26%), New York State Teachers Retirement System (0.21%), Naples Global Advisors LLC (0.15%) and State of Alaska Department of Revenue (0.11%).
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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 $42.69.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $1.08 billion 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 $0.86 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.