Community Healthcare Trust - CHCT Stock Forecast, Price & News

4 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CHCT shares.
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4 equities research analysts have issued 1-year target prices for Community Healthcare Trust's shares. Their CHCT share price forecasts range from $39.00 to $43.00. On average, they predict the company's share price to reach $41.60 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
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Community Healthcare Trust's stock was trading at $47.27 at the beginning of the year. Since then, CHCT stock has decreased by 25.7% and is now trading at $35.13.
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Community Healthcare Trust saw a decline in short interest in November. As of November 15th, there was short interest totaling 327,100 shares, a decline of 19.7% from the October 31st total of 407,600 shares. Based on an average daily volume of 123,200 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.4% of the company's shares are short sold.
View Community Healthcare Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our CHCT earnings forecast.

Community Healthcare Trust Incorporated (NYSE:CHCT) issued its quarterly 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 4.86% and a net margin of 23.95%. During the same period in the previous year, the firm posted $0.57 EPS.

Community Healthcare Trust announced a quarterly dividend on Thursday, October 27th. Investors of record on Thursday, November 10th will be paid a dividend of $0.445 per share on Friday, November 25th. This represents a $1.78 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Wednesday, November 9th. This is a positive change 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 4.93%. 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 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 served 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (18.76%), Vanguard Group Inc. (11.23%), State Street Corp (5.97%), Bank of New York Mellon Corp (2.51%), Prudential Financial Inc. (2.44%) and Cardinal Capital Management LLC CT (2.25%).
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 $35.13.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $888.79 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 $0.86 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.