Community Healthcare Trust - CHCT Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHCT shares.
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2 brokerages have issued 12-month price objectives for Community Healthcare Trust's stock. Their CHCT share price forecasts range from $43.00 to $45.00. On average, they anticipate the company's stock price to reach $44.00 in the next year. This suggests a possible upside of 7.2% 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 shares have decreased by 13.2% and is now trading at $41.04.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CHCT earnings forecast.

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 24.01% and a trailing twelve-month return on equity of 4.83%. During the same period in the previous year, the firm posted $0.57 earnings per share.

Community Healthcare Trust declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Friday, August 12th will be paid a dividend of $0.442 per share on Friday, August 26th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date is Thursday, August 11th. 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 $1.77 per share and currently has a dividend yield of 4.34%. 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 208.24%. 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 67.05% 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 International (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 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 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 a number of retail and institutional investors. Top institutional investors include Aristotle Capital Boston LLC (2.48%), Connectus Wealth LLC (2.22%), Kennedy Capital Management Inc. (1.66%), Northern Trust Corp (1.15%), Peregrine Capital Management LLC (1.10%) and State of New Jersey Common Pension Fund D (0.87%). Insiders that own company stock include Robert Z Hensley and W Page Barnes.
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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 $41.04.

Community Healthcare Trust (NYSE:CHCT) has a market capitalization of $1.03 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 $0.85 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.