NYSE:CHCT

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

$25.05
-1.48 (-5.58%)
(As of 05/1/2024 ET)
Today's Range
$24.60
$26.19
50-Day Range
$24.73
$27.18
52-Week Range
$24.50
$37.15
Volume
515,100 shs
Average Volume
178,692 shs
Market Capitalization
$693.63 million
P/E Ratio
119.29
Dividend Yield
7.31%
Price Target
$30.33

Community Healthcare Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
21.1% Upside
$30.33 Price Target
Short Interest
Healthy
1.20% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Community Healthcare Trust in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.76%
From $2.19 to $2.36 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.

2.90 out of 5 stars

Finance Sector

308th out of 820 stocks

Real Estate Investment Trusts Industry

56th out of 171 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

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Piper Sandler Keeps Their Buy Rating on Community Healthcare (CHCT)
Community Healthcare Trust Inc.
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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
5/01/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Next Earnings (Estimated)
8/06/2024
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
$30.33
High Stock Price Target
$35.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+21.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
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
$2.06 per share
Book Value
$18.83 per share

Miscellaneous

Free Float
26,583,000
Market Cap
$693.63 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Community Healthcare Trust in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHCT, but not buy additional shares or sell existing 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 12-month price objectives for Community Healthcare Trust's stock. Their CHCT share price targets range from $26.00 to $35.00. On average, they anticipate the company's stock price to reach $30.33 in the next year. This suggests a possible upside of 21.1% 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 beginning of the year. Since then, CHCT shares have decreased by 6.0% and is now trading at $25.05.
View the best growth stocks for 2024 here
.

Are investors shorting Community Healthcare Trust?

Community Healthcare Trust saw a drop in short interest in April. As of April 15th, there was short interest totaling 331,100 shares, a drop of 17.3% from the March 31st total of 400,500 shares. Based on an average daily volume of 181,200 shares, the short-interest ratio is currently 1.8 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, August 6th 2024.
View our CHCT earnings forecast
.

How were Community Healthcare Trust's earnings last quarter?

Community Healthcare Trust Incorporated (NYSE:CHCT) announced its quarterly 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 period last year, the firm posted $0.63 EPS.

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 Thursday, April 25th. Stockholders of record on Friday, May 10th will be paid a dividend of $0.46 per share on Friday, May 24th. This represents a $1.84 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date is Thursday, May 9th. This is a positive change 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 6.84%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 871.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CHCT will have a dividend payout ratio of 77.54% in the coming year. This indicates that the company may not be able to sustain their current 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 variety of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.77%), Principal Financial Group Inc. (0.46%), Cox Capital Mgt LLC (0.19%), New York State Teachers Retirement System (0.18%), 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 5/1/2024 by MarketBeat.com Staff

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