Community Healthcare Trust - CHCT Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHCT shares.
View CHCT analyst ratings or view top-rated stocks.

6 analysts have issued 1 year price objectives 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 $43.43 in the next year. This suggests a possible upside of 18.7% 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 the year. Since then, CHCT shares have increased by 2.2% and is now trading at $36.60.
View the best growth stocks for 2023 here.

Community Healthcare Trust saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 542,900 shares, a decrease of 5.1% from the February 28th total of 571,800 shares. Based on an average daily volume of 115,500 shares, the days-to-cover ratio is currently 4.7 days.
View Community Healthcare Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our CHCT earnings forecast.

Community Healthcare Trust Incorporated (NYSE:CHCT) announced its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.21 earnings per share 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 4.59% and a net margin of 22.54%. During the same quarter in the previous year, the business earned $0.57 earnings per share.

Community Healthcare Trust announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 21st will be given a dividend of $0.4475 per share on Wednesday, March 1st. This represents a $1.79 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date of this dividend is Friday, February 17th. This is a positive change 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 Invesco S&P SmallCap Low Volatility ETF (XSLV), Syntax Stratified SmallCap ETF (SSLY), Opus Small Cap Value Plus ETF (OSCV), Invesco S&P SmallCap Financials ETF (PSCF), U.S. Diversified Real Estate ETF (PPTY), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), SP Funds S&P Global REIT Sharia ETF (SPRE) and iShares Residential and Multisector Real Estate ETF (REZ).

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.79 per share and currently has a dividend yield of 5.09%. 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 218.30%. 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 70.20% 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 T. Rowe Price Investment Management Inc. (4.20%), Millennium Management LLC (2.82%), Aristotle Capital Boston LLC (2.30%), Connectus Wealth LLC (2.20%), Cardinal Capital Management LLC CT (2.17%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include Claire M Gulmi and Robert Z Hensley.
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.
Compare Top Brokerages Here.

One share of CHCT stock can currently be purchased for approximately $36.60.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $954.53 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 $0.82 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.