NYSE:CHCT

Community Healthcare Trust (CHCT) Stock Price, News & Analysis

$25.70
+0.19 (+0.74%)
(As of 04/22/2024 ET)
Today's Range
$25.34
$25.85
50-Day Range
$24.73
$27.92
52-Week Range
$24.50
$37.15
Volume
179,922 shs
Average Volume
181,076 shs
Market Capitalization
$711.63 million
P/E Ratio
122.38
Dividend Yield
7.12%
Price Target
$33.67

Community Healthcare Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.0% Upside
$33.67 Price Target
Short Interest
Healthy
1.45% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of Community Healthcare Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.98%
From $2.34 to $2.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.80 out of 5 stars

Finance Sector

352nd out of 850 stocks

Real Estate Investment Trusts Industry

76th out of 179 stocks

CHCT stock logo

About Community Healthcare Trust Stock (NYSE:CHCT)

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 our target sub-markets throughout the United States. As of December 31, 2023, the Company had investments of approximately $1.1 billion in 193 real estate properties (including a portion of one property accounted for as a sales-type lease and two properties classified as held for sale). The properties are located in 34 states, totaling approximately 4.3 million square feet in the aggregate.

CHCT Stock Price History

CHCT Stock News Headlines

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Piper Sandler Keeps Their Buy Rating on Community Healthcare (CHCT)
Community Healthcare Trust Inc.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Q3 2023 Community Healthcare Trust Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Ex-Dividend for 3/1 Dividend
2/16/2024
Dividend Payable
3/01/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
37
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$33.67
High Stock Price Target
$36.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+31.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$7.71 million
Pretax Margin
6.84%

Debt

Sales & Book Value

Annual Sales
$112.85 million
Cash Flow
$2.22 per share
Book Value
$18.83 per share

Miscellaneous

Free Float
26,583,000
Market Cap
$711.63 million
Optionable
Optionable
Beta
0.65

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CHCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Community Healthcare Trust stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CHCT shares.
View CHCT analyst ratings
or view top-rated stocks.

What is Community Healthcare Trust's stock price target for 2024?

4 brokerages have issued twelve-month price objectives for Community Healthcare Trust's shares. Their CHCT share price targets range from $30.00 to $36.00. On average, they predict the company's share price to reach $33.67 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price.
View analysts price targets for CHCT
or view top-rated stocks among Wall Street analysts.

How have CHCT shares performed in 2024?

Community Healthcare Trust's stock was trading at $26.64 at the start of the year. Since then, CHCT stock has decreased by 3.5% and is now trading at $25.70.
View the best growth stocks for 2024 here
.

Are investors shorting Community Healthcare Trust?

Community Healthcare Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 400,500 shares, a decline of 18.8% from the March 15th total of 493,000 shares. Based on an average trading volume of 190,500 shares, the days-to-cover ratio is presently 2.1 days.
View Community Healthcare Trust's Short Interest
.

When is Community Healthcare Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CHCT earnings forecast
.

How can I listen to Community Healthcare Trust's earnings call?

Community Healthcare Trust will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4857450".

How were Community Healthcare Trust's earnings last quarter?

Community Healthcare Trust Incorporated (NYSE:CHCT) announced its earnings results on Tuesday, October, 31st. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $0.52. The real estate investment trust had revenue of $28.74 million for the quarter, compared to analyst estimates of $28.77 million. Community Healthcare Trust had a net margin of 6.84% and a trailing twelve-month return on equity of 1.52%. During the same quarter last year, the company posted $0.63 EPS.

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

Community Healthcare Trust announced a quarterly dividend on Thursday, February 8th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.458 per share on Friday, March 1st. This represents a $1.83 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date of this dividend is Friday, February 16th. This is a boost from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for CHCT
.

Is Community Healthcare Trust a good dividend stock?

Community Healthcare Trust (NYSE:CHCT) pays an annual dividend of $1.83 per share and currently has a dividend yield of 7.17%. 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 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 871.43%. 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 73.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHCT.

What ETFs hold Community Healthcare Trust's stock?
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 (CCI), Digital Realty Trust (DLR), Duke Energy (DUK), NextEra Energy (NEE), AbbVie (ABBV), Pfizer (PFE), STAG Industrial (STAG) and Western Asset Mortgage Capital (WMC).

When did Community Healthcare Trust IPO?

Community Healthcare Trust (CHCT) raised $126 million in an 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.

Who are Community Healthcare Trust's major shareholders?

Community Healthcare Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Cox Capital Mgt LLC (0.19%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and State of Alaska Department of Revenue (0.10%).
View institutional ownership trends
.

How do I buy shares of Community Healthcare Trust?

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

This page (NYSE:CHCT) was last updated on 4/23/2024 by MarketBeat.com Staff

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