Community Healthcare Trust (NYSE:CHCT – Get Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Community Healthcare Trust to post earnings of $0.43 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Community Healthcare Trust Trading Down 1.8 %
CHCT stock opened at $17.43 on Tuesday. Community Healthcare Trust has a 1-year low of $15.06 and a 1-year high of $29.16. The firm has a market cap of $482.83 million, a P/E ratio of 27.23, a P/E/G ratio of 1.13 and a beta of 0.69. The business’s 50 day moving average is $17.60 and its 200-day moving average is $21.75.
Community Healthcare Trust Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Friday, August 9th were paid a $0.4625 dividend. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.42. This represents a $1.85 annualized dividend and a dividend yield of 10.61%. The ex-dividend date of this dividend was Friday, August 9th. Community Healthcare Trust’s dividend payout ratio is currently 289.06%.
Insiders Place Their Bets
Analysts Set New Price Targets
Several research analysts have recently commented on the company. Truist Financial reduced their target price on Community Healthcare Trust from $30.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, August 30th. Piper Sandler reduced their target price on Community Healthcare Trust from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday, September 9th. Evercore ISI raised Community Healthcare Trust from an “underperform” rating to an “inline” rating and reduced their target price for the stock from $21.00 to $18.00 in a report on Monday, September 16th. StockNews.com downgraded Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Tuesday, August 20th. Finally, Robert W. Baird reduced their target price on Community Healthcare Trust from $29.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $20.75.
Get Our Latest Analysis on Community Healthcare Trust
Community Healthcare Trust Company Profile
Community Healthcare Trust Incorporated (the Company”, we”, our”) was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers.
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