Community Healthcare Trust Incorporated (CHCT)

NYSE: CHCT · Real-Time Price · USD
18.39
-0.30 (-1.61%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.61%
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]

Sector Real Estate
IPO Date May 21, 2015
Employees 37
Stock Exchange NYSE
Ticker Symbol CHCT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$21.0
(14.19% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

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19 days ago - Seeking Alpha

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...

20 days ago - Seeking Alpha

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...

21 days ago - Seeking Alpha

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.

22 days ago - PRNewsWire

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...

Other symbols: MPW
25 days ago - Seeking Alpha

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...

27 days ago - PRNewsWire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

6 months ago - Seeking Alpha

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. ...

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6 months ago - Seeking Alpha

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.

Other symbols: SRGHPPRLJUNIT
6 months ago - Benzinga

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...

6 months ago - PRNewsWire

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...

Other symbols: ETDFIXGWWLADMETNEPPH
7 months ago - Seeking Alpha

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.

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

Community Healthcare Trust Incorporated (CHCT) Q4 2023 Earnings Call Transcript

Community Healthcare Trust Incorporated (CHCT) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha