Community Healthcare Trust (CHCT) Projected to Post Quarterly Earnings on Tuesday

Community Healthcare Trust (NYSE:CHCT) is projected to issue its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $29.85 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Community Healthcare Trust Stock Performance

Shares of NYSE:CHCT opened at $20.00 on Tuesday. Community Healthcare Trust has a 52-week low of $15.06 and a 52-week high of $28.10. The business’s 50 day simple moving average is $19.12 and its two-hundred day simple moving average is $18.63. The firm has a market cap of $564.80 million, a P/E ratio of -222.22, a PEG ratio of 1.35 and a beta of 0.69.

Analysts Set New Price Targets

A number of research firms have issued reports on CHCT. Piper Sandler lifted their price target on Community Healthcare Trust from $18.00 to $19.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Truist Financial increased their target price on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, StockNews.com upgraded shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.25.

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.