Community Healthcare Trust (CHCT) Expected to Announce 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 wish to register for the company’s conference call can do so using this link.

Community Healthcare Trust Trading Up 0.1 %

Community Healthcare Trust stock opened at $19.90 on Friday. Community Healthcare Trust has a 1-year low of $15.06 and a 1-year high of $28.10. The firm has a market capitalization of $561.98 million, a price-to-earnings ratio of -221.11, a P/E/G ratio of 1.35 and a beta of 0.69. The firm has a 50 day simple moving average of $19.23 and a 200 day simple moving average of $18.49.

Community Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be paid a $0.4675 dividend. This represents a $1.87 dividend on an annualized basis and a yield of 9.40%. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.47. The ex-dividend date is Monday, February 24th. Community Healthcare Trust’s payout ratio is currently -2,066.67%.

Analyst Ratings Changes

Several brokerages have commented on CHCT. Truist Financial raised their price target 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. Piper Sandler raised their price target on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, StockNews.com raised shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 8th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $21.25.

About Community Healthcare Trust

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.