Community Healthcare Trust (CHCT) Stock Price, News & Analysis

Company Overview

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 totaling approximately $3.0 million and two properties classified as an asset held for sale with an aggregate amount totaling approximately $7.5 million. The properties are located in 35 states, totaling approximately 4.4 million square feet in the aggregate and were approximately 92.3% leased, excluding real estate assets held for sale, at March 31, 2024 with a weighted average remaining lease term of approximately 6.9 years.

Key Stats

• Today's Range: $18.11 to $18.61
• 50-Day Range: $16.06 to $19.32
• 52-Week Range: $15.06 to $29.16
• Volume: 132,294 shs
• Average Volume: 278,658 shs
• Market Capitalization: $519.05 million
• P/E Ratio: N/A
• Dividend Yield: 10.12%
• Price Target: $21.00
• Consensus Rating: Hold

Community Healthcare Trust Stock Analysis - MarketRank™

Community Healthcare Trust scored higher than 64% of companies evaluated by MarketBeat, and ranked 481st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Community Healthcare Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Community Healthcare Trust has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 1.09%

Earnings Growth

Earnings for Community Healthcare Trust are expected to grow by 1.09% in the coming year, from $1.84 to $1.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Community Healthcare Trust is -204.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Community Healthcare Trust is -204.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Community Healthcare Trust has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Community Healthcare Trust has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the outstanding shares of Community Healthcare Trust have been sold short.

Short Interest Ratio / Days to Cover

Community Healthcare Trust has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Community Healthcare Trust has recently decreased by 34.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Community Healthcare Trust is a leading dividend payer. It pays a dividend yield of 9.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Community Healthcare Trust does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Community Healthcare Trust will have a dividend payout ratio of 100.00% in the coming year. This indicates that Community Healthcare Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.93% of the outstanding shares of Community Healthcare Trust have been sold short.

Short Interest Ratio / Days to Cover

Community Healthcare Trust has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Community Healthcare Trust has recently decreased by 34.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Community Healthcare Trust has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Community Healthcare Trust this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for CHCT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

3 people have added Community Healthcare Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Community Healthcare Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.00% of the stock of Community Healthcare Trust is held by insiders.

Percentage Held by Institutions

87.84% of the stock of Community Healthcare Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CHCT Stock Analysis - Frequently Asked Questions

How have CHCT shares performed this year?

Community Healthcare Trust's stock was trading at $26.64 on January 1st, 2024. Since then, CHCT stock has decreased by 31.0% and is now trading at $18.38.
View the best growth stocks for 2024 here.

How were Community Healthcare Trust's earnings last quarter?

Community Healthcare Trust Incorporated (NYSE:CHCT) issued its quarterly earnings data on Tuesday, October, 29th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.39. The real estate investment trust had revenue of $29.64 million for the quarter, compared to analyst estimates of $29.06 million. Community Healthcare Trust had a negative net margin of 0.39% and a negative trailing twelve-month return on equity of 0.09%.

When did Community Healthcare Trust IPO?

Community Healthcare Trust (CHCT) raised $126 million in an initial public offering on Thursday, May 21st 2015. The company issued 6,300,000 shares at $19.00-$21.00 per share. Sandler ONeill + Partners, Evercore ISI and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Janney Montgomery Scott, Oppenheimer and BB&T Capital Markets were co-managers.

Who are Community Healthcare Trust's major shareholders?

Community Healthcare Trust's top institutional shareholders include Systematic Financial Management LP (3.32%), State Street Corp (3.31%), Geode Capital Management LLC (2.39%) and Jane Street Group LLC (1.74%). Insiders that own company stock include David H Dupuy, Robert Z Hensley and Claire M Gulmi.
View institutional ownership trends.

How do I buy shares of Community Healthcare Trust?

Shares of CHCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Community Healthcare Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Community Healthcare Trust investors own include Home Depot (HD), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Walmart (WMT), Chevron (CVX) and Meta Platforms (META).

Company Calendar

• Ex-Dividend for 8/23 Dividend: 8/09/2024
• Dividend Payable: 8/23/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 11/22 Dividend: 11/08/2024
• Today: 11/20/2024
• Dividend Payable: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:CHCT
• CUSIP: N/A
• CIK: 1631569
• Web: www.chct.reit
• Phone: (615) 771-3052
• Fax: 615-771-3064
• Employees: 37
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $21.00
• High Stock Price Target: $25.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +14.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.99
• P/E Growth: 1.27
• Net Income: $7.71 million
• Net Margins: -0.39%
• Pretax Margin: -0.39%
• Return on Equity: -0.09%
• Return on Assets: -0.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.01
• Quick Ratio: 0.01

Sales & Book Value

• Annual Sales: $112.85 million
• Price / Sales: 4.60
• Cash Flow: $2.17 per share
• Price / Cash Flow: 8.46
• Book Value: $18.83 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 28,240,000
• Free Float: 27,112,000
• Market Cap: $519.05 million
• Optionable: Optionable
• Beta: 0.67