Community Healthcare Trust (CHCT) Scheduled to Post Earnings on Thursday

Community Healthcare Trust (NYSE:CHCT) will 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 (NYSE CHCT) opened at $23.87 on Thursday. The stock has a market capitalization of $431.71 and a PE ratio of 108.50. Community Healthcare Trust has a 1 year low of $22.20 and a 1 year high of $30.64.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 16th will be given a dividend of $0.3975 per share. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.40. This represents a $1.59 annualized dividend and a dividend yield of 6.66%. The ex-dividend date of this dividend is Thursday, February 15th. Community Healthcare Trust’s dividend payout ratio is currently 718.18%.

In other news, CEO Timothy G. Wallace bought 10,016 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The stock was purchased at an average cost of $26.85 per share, with a total value of $268,929.60. Following the transaction, the chief executive officer now directly owns 428,060 shares in the company, valued at $11,493,411. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Timothy G. Wallace bought 4,949 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was purchased at an average cost of $27.60 per share, with a total value of $136,592.40. Following the completion of the transaction, the chief executive officer now owns 463,222 shares in the company, valued at $12,784,927.20. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 25,064 shares of company stock valued at $677,488. Insiders own 5.50% of the company’s stock.

Several research firms have recently issued reports on CHCT. Zacks Investment Research raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Sandler O’Neill set a $30.00 price objective on Community Healthcare Trust and gave the stock a “buy” rating in a research report on Wednesday, January 24th. B. Riley set a $29.00 price objective on Community Healthcare Trust and gave the stock a “neutral” rating in a research report on Monday, December 18th. Finally, ValuEngine cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $28.50.

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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.

Earnings History for Community Healthcare Trust (NYSE:CHCT)

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