Community Healthcare Trust Incorporated (CHCT)
Market Cap | 519.35M |
Revenue (ttm) | 115.61M |
Net Income (ttm) | -3.15M |
Shares Out | 28.24M |
EPS (ttm) | -0.13 |
PE Ratio | n/a |
Forward PE | 54.09 |
Dividend | $1.86 (10.11%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 132,294 |
Open | 18.49 |
Previous Close | 18.69 |
Day's Range | 18.11 - 18.54 |
52-Week Range | 15.06 - 29.16 |
Beta | 0.66 |
Analysts | Buy |
Price Target | 21.00 (+14.19%) |
Earnings Date | Oct 29, 2024 |
About CHCT
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. As of March 31, 2024, the Company had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totali... [Read more]
Financial Performance
In 2023, CHCT's revenue was $112.85 million, an increase of 15.53% compared to the previous year's $97.68 million. Earnings were $5.10 million, a decrease of -73.42%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CHCT stock is "Buy." The 12-month stock price forecast is $21.0, which is an increase of 14.19% from the latest price.
News
MOBs, Office But No Need For Life Support
Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due...
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...
Community Healthcare Trust Incorporated (CHCT) Q3 2024 Earnings Call Transcript
Community Healthcare Trust Incorporated (NYSE:CHCT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dave Dupuy - Chief Executive Officer Bill Monroe - Chief Financi...
Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2024
FRANKLIN, Tenn. , Oct. 29, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended September 30, 2024.
Community Healthcare Trust Vs. Medical Properties Trust: Which Is The Better REIT For 2025
Community Healthcare Trust and Medical Properties Trust both securitize medical real estate primarily on a net lease basis and have recently faced tenant issues. I compare the two companies based on A...
Community Healthcare Trust Incorporated Announces Increased Third Quarter Dividend
FRANKLIN, Tenn. , Oct. 24, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the qu...
The State Of REITs: October 2024 Edition
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged...
Community Healthcare Trust Incorporated Announces Upsizing and Maturity Extension of $400 Million Senior Unsecured Line of Credit
FRANKLIN, Tenn. , Oct. 16, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced that it has closed on an amended 5-year $400 million senior unsecur...
Community Healthcare Trust Announces Third Quarter Earnings Release Date And Conference Call
FRANKLIN, Tenn. , Oct. 1, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, October 29, 2024, after the market closes, it will report r...
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...
Community Healthcare Trust: Underservedly Trading Below COVID-19 Share Price Lows
Community Healthcare Trust is a healthcare REIT focused primarily on Medical Offices and Inpatient Rehabilitation Facilities. The REIT has substantially underperformed the Vanguard Real Estate Index F...
Community Healthcare Trust Incorporated (CHCT) Q2 2024 Earnings Call Transcript
Community Healthcare Trust Incorporated (NYSE:CHCT) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Dave Dupuy – Chief Executive Officer Bill Monroe – Chief Financial ...
Community Healthcare Trust Announces Results for the Three Months Ended June 30, 2024
FRANKLIN, Tenn., July 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended June 30, 2024.
Community Healthcare Trust Incorporated Announces Increased Second Quarter Dividend
FRANKLIN, Tenn. , July 25, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the qu...
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avo...
Community Healthcare Trust Announces Second Quarter Earnings Release Date And Conference Call
FRANKLIN, Tenn. , July 3, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, July 30, 2024, after the market closes, it will report resu...
Community Healthcare Trust: A Buying Opportunity After Recent Underperformance
Community Healthcare Trust is a healthcare REIT with 40% exposure to Medical Offices. The company has managed to grow occupancy to 92.3% and is recovering from the bankruptcy of GenesisCare. After bac...
Picking A Winner In Healthcare REITs
Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. ...
Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains This Month
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Community Healthcare Trust Releases Inaugural Corporate Sustainability Report
FRANKLIN, Tenn. , May 21, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced the release of its inaugural Corporate Sustainability Report for the...
11 Upcoming Dividend Increases Including 2 Kings
Parker-Hannifin and W.W. Grainger extend their impressive dividend streaks with double-digit increases. The article provides a list of top-performing stocks with a consistent dividend growth history f...
Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2024
FRANKLIN, Tenn. , April 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended March 31, 2024.
Community Healthcare Trust Incorporated Announces Increased First Quarter Dividend
FRANKLIN, Tenn., April 25, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the qu...
Community Healthcare Trust Announces First Quarter Earnings Release Date And Conference Call
FRANKLIN, Tenn. , April 5, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, April 30, 2024, after the market closes, it will report re...
Community Healthcare Trust Incorporated (CHCT) Q4 2023 Earnings Call Transcript
Community Healthcare Trust Incorporated (CHCT) Q4 2023 Earnings Call Transcript