Analysts expect that Community Healthcare Trust Inc (NYSE:CHCT) will report earnings of $0.36 per share for the current quarter, Zacks reports. Two analysts have made estimates for Community Healthcare Trust’s earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.33. Community Healthcare Trust reported earnings per share of $0.38 in the same quarter last year, which would indicate a negative year over year growth rate of 5.3%. The company is expected to report its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Community Healthcare Trust will report full year earnings of $1.45 per share for the current fiscal year, with EPS estimates ranging from $1.38 to $1.54. For the next fiscal year, analysts forecast that the company will report earnings of $1.73 per share, with EPS estimates ranging from $1.67 to $1.76. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Community Healthcare Trust.

Community Healthcare Trust (NYSE:CHCT) last issued its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.02 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.38). Community Healthcare Trust had a net margin of 8.86% and a return on equity of 1.40%.

CHCT has been the topic of several research reports. ValuEngine lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Friday, December 1st. B. Riley set a $29.00 price target on shares of Community Healthcare Trust and gave the company a “neutral” rating in a report on Monday, December 18th. Zacks Investment Research lowered shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Finally, BidaskClub lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Community Healthcare Trust presently has an average rating of “Hold” and an average price target of $27.75.

In related news, CEO Timothy G. Wallace purchased 10,099 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were bought at an average cost of $26.93 per share, with a total value of $271,966.07. Following the acquisition, the chief executive officer now owns 448,206 shares of the company’s stock, valued at approximately $12,070,187.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy G. Wallace purchased 4,949 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were bought at an average cost of $27.60 per share, for a total transaction of $136,592.40. Following the completion of the acquisition, the chief executive officer now directly owns 463,222 shares in the company, valued at approximately $12,784,927.20. The disclosure for this purchase can be found here. Insiders have purchased a total of 25,064 shares of company stock worth $677,488 over the last ninety days. 5.50% of the stock is currently owned by insiders.

Several institutional investors have recently made changes to their positions in CHCT. Wells Fargo & Company MN grew its holdings in Community Healthcare Trust by 2.4% during the 2nd quarter. Wells Fargo & Company MN now owns 8,515 shares of the real estate investment trust’s stock worth $218,000 after acquiring an additional 200 shares during the last quarter. Voya Investment Management LLC grew its holdings in Community Healthcare Trust by 11.4% during the 2nd quarter. Voya Investment Management LLC now owns 9,828 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 1,004 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Community Healthcare Trust by 7.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 15,162 shares of the real estate investment trust’s stock worth $387,000 after acquiring an additional 1,022 shares during the last quarter. Rhumbline Advisers grew its holdings in Community Healthcare Trust by 6.7% during the 2nd quarter. Rhumbline Advisers now owns 16,765 shares of the real estate investment trust’s stock worth $429,000 after acquiring an additional 1,055 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Community Healthcare Trust by 11.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,414 shares of the real estate investment trust’s stock worth $343,000 after acquiring an additional 1,360 shares during the last quarter. 85.49% of the stock is currently owned by institutional investors.

Shares of Community Healthcare Trust (NYSE CHCT) opened at $25.73 on Monday. The stock has a market cap of $465.35, a P/E ratio of 122.53 and a beta of 0.99. Community Healthcare Trust has a 1-year low of $21.33 and a 1-year high of $30.64.

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Community Healthcare Trust Company Profile

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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