NYSE:CHCTCommunity Healthcare Trust Stock Price, Forecast & News

$38.93

+0.36 (+0.93 %)

(As of 06/4/2020 10:50 AM ET)

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Today's Range

$38.01

Now: $38.93▼

$39.22

50-Day Range

$32.35

MA: $36.39▼

$41.06

52-Week Range

$20.12

Now: $38.93▼

$52.33

Volume70,235 shs

Average Volume215,137 shs

Market Capitalization$862.69 million

P/E Ratio80.85

Dividend Yield4.58%

Beta0.6

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The Company had investments of approximately $478.4 million in 105 real estate properties as of March 31, 2019, located in 29 states, totaling approximately 2.3 million square feet.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Community Healthcare Trust has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.33, Community Healthcare Trust has a potential upside of 11.3% from its current price of $38.93.
Amount of Analyst Coverage
Community Healthcare Trust has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Community Healthcare Trust has received 276 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Community Healthcare Trust has received 251 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Community Healthcare Trust has received 52.37% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Community Healthcare Trust and other stocks. Vote “Outperform” if you believe CHCT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHCT will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Community Healthcare Trust is a leading dividend payer. It pays a dividend yield of 4.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Community Healthcare Trust has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Community Healthcare Trust is 94.92 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Community Healthcare Trust will have a dividend payout ratio of 77.42 % in the coming year. This indicates that Community Healthcare Trust may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Community Healthcare Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $101,781.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.80% of the stock of Community Healthcare Trust is held by insiders.
Percentage Held by Institutions
86.81% of the stock of Community Healthcare Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Community Healthcare Trust are expected to grow by 10.15% in the coming year, from $1.97 to $2.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Community Healthcare Trust is 80.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Community Healthcare Trust is 80.85, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.84.
Price to Book Value per Share Ratio
Community Healthcare Trust has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.24 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:CHCT

Previous Symbol

CUSIPN/A

CIK1631569

Webwww.chct.reit

Phone615-771-3052

Debt

Debt-to-Equity RatioN/A

Current Ratio0.02

Quick Ratio0.02

Price-To-Earnings

Trailing P/E Ratio80.85

Forward P/E Ratio19.76

P/E GrowthN/A

Sales & Book Value

Annual Sales$60.85 million

Price / Sales14.18

Cash Flow$1.64 per share

Price / Cash Flow23.79

Book Value$17.51 per share

Price / Book2.22

Profitability

EPS (Most Recent Fiscal Year)$1.77

Net Income$8.38 million

Net Margins16.87%

Return on Equity3.39%

Return on Assets2.02%

Miscellaneous

Employees16

Outstanding Shares22,160,000

Market Cap$862.69 million

Next Earnings Date8/4/2020 (Estimated)

OptionableNot Optionable

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Community Healthcare Trust (NYSE:CHCT) Frequently Asked Questions

How has Community Healthcare Trust's stock been impacted by COVID-19 (Coronavirus)?

Community Healthcare Trust's stock was trading at $42.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CHCT shares have decreased by 8.5% and is now trading at $38.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Community Healthcare Trust?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Community Healthcare Trust.

When is Community Healthcare Trust's next earnings date?

Community Healthcare Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Community Healthcare Trust.

How were Community Healthcare Trust's earnings last quarter?

Community Healthcare Trust Inc (NYSE:CHCT) announced its earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. The real estate investment trust earned $17.94 million during the quarter, compared to analyst estimates of $17.52 million. Community Healthcare Trust had a return on equity of 3.39% and a net margin of 16.87%. View Community Healthcare Trust's earnings history.

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

Community Healthcare Trust declared a quarterly dividend on Monday, May 4th. Investors of record on Friday, May 15th will be paid a dividend of $0.42 per share on Friday, May 29th. This represents a $1.68 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend is Thursday, May 14th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.42. View Community Healthcare Trust's dividend history.

What price target have analysts set for CHCT?

8 analysts have issued 12 month target prices for Community Healthcare Trust's stock. Their forecasts range from $38.00 to $52.00. On average, they expect Community Healthcare Trust's share price to reach $43.33 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for Community Healthcare Trust.

Has Community Healthcare Trust been receiving favorable news coverage?

Media coverage about CHCT stock has been trending extremely positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Community Healthcare Trust earned a news impact score of 5.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCommunity Healthcare Trust.

Who are some of Community Healthcare Trust's key competitors?

Some companies that are related to Community Healthcare Trust include Blackstone Mortgage Trust (BXMT), New Residential Investment (NRZ), Rayonier (RYN), Sabra Health Care REIT (SBRA), Howard Hughes (HHC), Keppel REIT (KREVF), Corporate Office Properties Trust (OFC), EPR Properties (EPR), National Health Investors (NHI), Lexington Realty Trust (LXP), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Apple Hospitality REIT (APLE), Great Portland Estates (GPEAF) and Potlatchdeltic (PCH). View all competitors.

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 IN/SH SH (CCI), Duke Energy (DUK), NextEra Energy (NEE), AbbVie (ABBV), IBM (IBM), Pfizer (PFE), DIGITAL RLTY TR/SH (DLR) and Home Depot (HD).

Who are Community Healthcare Trust's key executives?

Community Healthcare Trust's management team includes the following people:

Mr. Timothy G. Wallace, Chairman, CEO & Pres (Age 60)
Mr. William Page Barnes, Exec. VP & Chief Operating Officer (Age 65)
Ms. Leigh Ann Stach, Exec. VP & Chief Accounting Officer (Age 52)
Mr. Stephen M. Harrison, Managing Director of Bus. Devel.
Mr. David H. Dupuy, Exec. VP & CFO (Age 50)

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 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.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.94%), Bank of New York Mellon Corp (5.66%), State Street Corp (3.21%), Vaughan Nelson Investment Management L.P. (2.75%), Aristotle Capital Boston LLC (2.73%) and Systematic Financial Management LP (2.04%). Company insiders that own Community Healthcare Trust stock include Horn R Lawrence Van, Leigh Ann Stach, Robert Z Hensley and W Page Barnes. View institutional ownership trends for Community Healthcare Trust.

Which major investors are selling Community Healthcare Trust stock?

CHCT stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Morgan Stanley, Invesco Ltd., Deutsche Bank AG, Global Alpha Capital Management Ltd., UBS Group AG, Systematic Financial Management LP, and Nisa Investment Advisors LLC. Company insiders that have sold Community Healthcare Trust company stock in the last year include Horn R Lawrence Van, and W Page Barnes. View insider buying and selling activity for Community Healthcare Trust.

Which major investors are buying Community Healthcare Trust stock?

CHCT stock was purchased by a variety of institutional investors in the last quarter, including Wafra Inc., Peregrine Capital Management LLC, State Street Corp, BlackRock Inc., Martingale Asset Management L P, JPMorgan Chase & Co., Geode Capital Management LLC, and Nomura Asset Management Co. Ltd.. View insider buying and selling activity for Community Healthcare Trust.

How do I buy shares of Community Healthcare Trust?

Shares of CHCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Community Healthcare Trust's stock price today?

One share of CHCT stock can currently be purchased for approximately $38.93.

How big of a company is Community Healthcare Trust?

Community Healthcare Trust has a market capitalization of $862.69 million and generates $60.85 million in revenue each year. The real estate investment trust earns $8.38 million in net income (profit) each year or $1.77 on an earnings per share basis. Community Healthcare Trust employs 16 workers across the globe.

What is Community Healthcare Trust's official website?

The official website for Community Healthcare Trust is www.chct.reit.

How can I contact Community Healthcare Trust?

Community Healthcare Trust's mailing address is 3326 Aspen Grove Drive Suite 150, Franklin TN, 37067. The real estate investment trust can be reached via phone at 615-771-3052 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff