NYSE:CHCTCommunity Healthcare Trust Stock Price, Forecast & News

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. Since then, CHCT shares have decreased by 1.6% and is now trading at $41.86. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Community Healthcare Trust.

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.

Community Healthcare Trust Inc (NYSE:CHCT) issued its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported $0.18 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.18. The real estate investment trust had revenue of $17.94 million for the quarter, compared to analysts' expectations of $17.52 million. Community Healthcare Trust had a net margin of 16.87% and a return on equity of 3.39%. View Community Healthcare Trust's earnings history.

Community Healthcare Trust declared a quarterly dividend on Monday, May 4th. Stockholders of record on Friday, May 15th will be given 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 4.01%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from Community Healthcare Trust's previous quarterly dividend of $0.42. View Community Healthcare Trust's dividend history.

7 Wall Street analysts have issued 1 year price targets for Community Healthcare Trust's shares. Their forecasts range from $38.00 to $52.00. On average, they expect Community Healthcare Trust's stock price to reach $43.33 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Community Healthcare Trust.

News headlines about CHCT stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Community Healthcare Trust earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Community Healthcare Trust.

Some companies that are related to Community Healthcare Trust include SL Green Realty (SLG), PS Business Parks (PSB), Brixmor Property Group (BRX), Agree Realty (ADC), MGM Growth Properties (MGP), Physicians Realty Trust (DOC), Rayonier (RYN), Blackstone Mortgage Trust (BXMT), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Howard Hughes (HHC), New Residential Investment (NRZ), Keppel REIT (KREVF), Lexington Realty Trust (LXP) and Potlatchdeltic (PCH). View all competitors.

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).

(CHCT) raised $126 million in an initial public offering 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 variety of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.46%), Cox Capital Mgt LLC (0.19%) and Louisiana State Employees Retirement System (0.03%). 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.

CHCT stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC. View insider buying and selling activity for Community Healthcare Trust.

CHCT stock was purchased by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, and Louisiana State Employees Retirement System. View insider buying and selling activity for 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.

One share of CHCT stock can currently be purchased for approximately $41.86.

Community Healthcare Trust has a market capitalization of $927.62 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.

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

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]