Community Healthcare Trust (CHCT) Expected to Announce Quarterly Earnings on Tuesday

Community Healthcare Trust (NYSE:CHCT - Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $29.85 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Community Healthcare Trust Stock Up 0.1 %

Shares of NYSE:CHCT traded up $0.02 during midday trading on Friday, reaching $19.90. The company's stock had a trading volume of 126,801 shares, compared to its average volume of 172,280. The firm has a 50 day moving average of $19.23 and a 200-day moving average of $18.55. Community Healthcare Trust has a 12-month low of $15.06 and a 12-month high of $28.10. The firm has a market capitalization of $562.02 million, a P/E ratio of -221.11, a PEG ratio of 1.35 and a beta of 0.69.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th will be issued a dividend of $0.4675 per share. The ex-dividend date of this dividend is Monday, February 24th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.87 annualized dividend and a dividend yield of 9.40%. Community Healthcare Trust's dividend payout ratio (DPR) is presently -2,066.67%.

Wall Street Analyst Weigh In

CHCT has been the topic of several recent analyst reports. Truist Financial increased their price objective on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Piper Sandler upped their target price on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. Finally, StockNews.com raised shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $21.25.

About Community Healthcare Trust

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.