Community Healthcare Trust (NYSE:CHCT) is set to release its earnings data after the market closes on Thursday, February 22nd. Analysts expect Community Healthcare Trust to post earnings of $0.36 per share for the quarter.
Community Healthcare Trust (CHCT) opened at $22.75 on Wednesday. Community Healthcare Trust has a 12 month low of $22.20 and a 12 month high of $30.64. The company has a market capitalization of $411.45 and a price-to-earnings ratio of 103.41.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 16th will be paid a $0.3975 dividend. This represents a $1.59 annualized dividend and a dividend yield of 6.99%. The ex-dividend date is Thursday, February 15th. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.40. Community Healthcare Trust’s dividend payout ratio is 722.73%.
Several equities analysts have recently commented on CHCT shares. Sandler O’Neill set a $30.00 price target on Community Healthcare Trust and gave the company a “buy” rating in a research note on Wednesday, January 24th. Zacks Investment Research raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. ValuEngine lowered Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, B. Riley set a $29.00 price target on Community Healthcare Trust and gave the company a “neutral” rating in a research note on Monday, December 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $28.50.
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About Community Healthcare Trust
Community Healthcare Trust Incorporated is an integrated healthcare real estate company. The Company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. It has investments in healthcare real estate, including mortgage and other loans.
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