Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. The Company had investments of approximately $667.3 million in 131 real estate properties as of September 30, 2020, located in 33 states, totaling approximately 2.8 million square feet.
IPO Year: 2015
Exchange: NYSE
Website: chct.reit
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/16/2024 | $21.00 → $18.00 | Underperform → In-line | Evercore ISI |
5/1/2024 | $36.00 → $26.00 | Overweight → Neutral | Piper Sandler |
11/2/2023 | $36.00 → $32.00 | Outperform → In-line | Evercore ISI |
9/22/2023 | $43.00 → $33.00 | Outperform → Neutral | Robert W. Baird |
1/13/2023 | $44.00 | Neutral → Buy | Janney |
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
FRANKLIN, Tenn., May 17, 2023 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced that its Board of Directors appointed William G. Monroe IV to be the Company's Chief Financial Officer, effective as of June 1, 2023. David H. Dupuy, the Company's Chief Executive Officer, said, "On behalf of the Company, we are excited to welcome Bill as our Chief Financial Officer. Bill's experience demonstrates a deep understanding of our industry, and I am confident that he is an excellent choice for this role. We look forward to working with Bill." Mr. Monroe has served as Managing Director of the Healthcare Investment Banking Group at Truist Securities, Inc
FRANKLIN, Tenn., March 7, 2023 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced that its Board of Directors appointed David H. Dupuy, who has served as the Company's Interim Chief Executive Officer since February 10, 2023, to be the Company's Chief Executive Officer on a permanent basis, effective as of March 6, 2023. Mr. Dupuy was also appointed to the Board of Directors of the Company, effective as of March 6, 2023, to fill the vacancy created by the death of Timothy G. Wallace. Mr. Dupuy will continue to serve as the Company's Chief Financial Officer until a successor is chosen for that position. Alan Gardner the Chairman of the Board o
FRANKLIN, Tenn., Oct. 29, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended September 30, 2024. The Company reported net income for the three months ended September 30, 2024 of approximately $1.7 million, or $0.04 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended September 30, 2024 totaled $0.48 and $0.55, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended September 30, 2024, the Company acquired one physician clinic for a purchase price of approximately $6.2 million. Up
FRANKLIN, Tenn., Oct. 24, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the quarter ended September 30, 2024. This dividend, in the amount of $0.4650 per share, is payable on November 22, 2024 to shareholders of record on November 8, 2024. This dividend rate equates to an annualized dividend of $1.86 per share. Community Healthcare Trust Incorporated has increased its dividend every quarter since its Initial Public Offering. About Community Healthcare Trust Incorporated Community Healthcare Trust Incorporated (the "Company") is a real estate investment trust that focuses o
FRANKLIN, Tenn., Oct. 16, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced that it has closed on an amended 5-year $400 million senior unsecured revolving line of credit (the "Revolving Facility") with the Second Amendment to the Company's Third Amended and Restated Credit Agreement (the "Refinancing Transaction"). This amended $400 million Revolving Facility will significantly increase the Company's liquidity compared to the previous $150 million senior unsecured revolving line of credit. Additionally, this Refinancing Transaction extends the Company's debt maturity profile with the next debt maturity not being until March 2028. Finall
FRANKLIN, Tenn., Oct. 1, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, October 29, 2024, after the market closes, it will report results for the third quarter of 2024. On October 30, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
FRANKLIN, Tenn., July 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended June 30, 2024. The Company reported a net loss for the three months ended June 30, 2024 of approximately $10.4 million, or $0.42 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended June 30, 2024 totaled $0.43 and $0.53, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended June 30, 2024, the Company determined that the collectability of certain lease and interest payments with a geriatric inpatient beh
FRANKLIN, Tenn., July 25, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the quarter ended June 30, 2024. This dividend, in the amount of $0.4625 per share, is payable on August 23, 2024 to shareholders of record on August 9, 2024. This dividend rate equates to an annualized dividend of $1.85 per share. Community Healthcare Trust Incorporated has increased its dividend every quarter since its Initial Public Offering. About Community Healthcare Trust Incorporated Community Healthcare Trust Incorporated (the "Company") is a real estate investment trust that focuses on owning
FRANKLIN, Tenn., July 3, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that on Tuesday evening, July 30, 2024, after the market closes, it will report results for the second quarter of 2024. On July 31, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address. Conf
FRANKLIN, Tenn., May 21, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced the release of its inaugural Corporate Sustainability Report for the year 2023. This comprehensive report highlights the Company's commitment to environmental stewardship, social responsibility, and good governance practices (ESG). The report is aligned with the Global Reporting Initiative (GRI) and can be found on the Corporate Responsibility page of the Company's Investor Relations section of its website at www.chct.reit. "Our dedication to sustainability is deeply embedded in our corporate culture, guiding our decision-making processes and driving us to conti
FRANKLIN, Tenn., April 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended March 31, 2024. The Company reported net income for the three months ended March 31, 2024 of approximately $3.7 million, or $0.11 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended March 31, 2024 totaled $0.53 and $0.59, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended March 31, 2024, the Company acquired four real estate properties for an aggregate purchase price of approximately $34.2 million
Ratings for Community Healthcare (NYSE:CHCT) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $27.25, a high estimate of $30.00, and a low estimate of $26.00. Experiencing a 18.24% decline, the cu
Evercore ISI Group analyst Steve Sakwa maintains Community Healthcare (NYSE:CHCT) with a In-Line and lowers the price target from $29 to $27.
5 analysts have shared their evaluations of Community Healthcare (NYSE:CHCT) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 3 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 2 0 0 3M Ago 0 1 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Community Healthcare, presenting an average target of $29.6, a high estimate of $36.00, and a low estimate of $26
Truist Securities analyst Michael Lewis maintains Community Healthcare (NYSE:CHCT) with a Buy and lowers the price target from $35 to $30.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. RLJ Lodging Trust (NYSE:RLJ) On May 1, RLJ Lodging posted better-than-expected quarterly sales. “Our first quarter RevPAR gro
In the preceding three months, 4 analysts have released ratings for Community Healthcare (NYSE:CHCT), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $29.5, a high estimate of $36.00, and a low estimate of $26.00. Observing a downward trend, the curr
Piper Sandler analyst Alexander Goldfarb downgrades Community Healthcare (NYSE:CHCT) from Overweight to Neutral and lowers the price target from $36 to $26.
Piper Sandler analyst Alexander Goldfarb downgrades Community Healthcare (NYSE:CHCT) from Overweight to Neutral and announces $26 price target.
Community Healthcare (NYSE:CHCT) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.56 by 5.36 percent. The company reported quarterly sales of $29.333 million which missed the analyst consensus estimate of $29.810 million by 1.60 percent. This is a 7.94 percent increase over sales of $27.176 million the same period last year.
This dividend, in the amount of $0.46 per share, is payable on May 24, 2024 to shareholders of record on May 10, 2024. This dividend rate equates to an annualized dividend of $1.84 per share.
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
SC 13G/A - Community Healthcare Trust Inc (0001631569) (Subject)
Evercore ISI upgraded Community Healthcare Trust from Underperform to In-line and set a new price target of $18.00 from $21.00 previously
Piper Sandler downgraded Community Healthcare Trust from Overweight to Neutral and set a new price target of $26.00 from $36.00 previously
Evercore ISI downgraded Community Healthcare Trust from Outperform to In-line and set a new price target of $32.00 from $36.00 previously
Robert W. Baird downgraded Community Healthcare Trust from Outperform to Neutral and set a new price target of $33.00 from $43.00 previously
Janney upgraded Community Healthcare Trust from Neutral to Buy and set a new price target of $44.00
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
4 - Community Healthcare Trust Inc (0001631569) (Issuer)
8-K - Community Healthcare Trust Inc (0001631569) (Filer)
10-Q - Community Healthcare Trust Inc (0001631569) (Filer)
8-K - Community Healthcare Trust Inc (0001631569) (Filer)
8-K - Community Healthcare Trust Inc (0001631569) (Filer)
10-Q - Community Healthcare Trust Inc (0001631569) (Filer)
S-8 - Community Healthcare Trust Inc (0001631569) (Filer)
8-K - Community Healthcare Trust Inc (0001631569) (Filer)
8-K - Community Healthcare Trust Inc (0001631569) (Filer)
10-Q - Community Healthcare Trust Inc (0001631569) (Filer)
DEFA14A - Community Healthcare Trust Inc (0001631569) (Filer)
FRANKLIN, Tenn., Oct. 29, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended September 30, 2024. The Company reported net income for the three months ended September 30, 2024 of approximately $1.7 million, or $0.04 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended September 30, 2024 totaled $0.48 and $0.55, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended September 30, 2024, the Company acquired one physician clinic for a purchase price of approximately $6.2 million. Up
FRANKLIN, Tenn., Oct. 1, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, October 29, 2024, after the market closes, it will report results for the third quarter of 2024. On October 30, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address
FRANKLIN, Tenn., July 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended June 30, 2024. The Company reported a net loss for the three months ended June 30, 2024 of approximately $10.4 million, or $0.42 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended June 30, 2024 totaled $0.43 and $0.53, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended June 30, 2024, the Company determined that the collectability of certain lease and interest payments with a geriatric inpatient beh
FRANKLIN, Tenn., July 3, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that on Tuesday evening, July 30, 2024, after the market closes, it will report results for the second quarter of 2024. On July 31, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address. Conf
FRANKLIN, Tenn., April 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended March 31, 2024. The Company reported net income for the three months ended March 31, 2024 of approximately $3.7 million, or $0.11 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended March 31, 2024 totaled $0.53 and $0.59, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended March 31, 2024, the Company acquired four real estate properties for an aggregate purchase price of approximately $34.2 million
FRANKLIN, Tenn., April 5, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that on Tuesday evening, April 30, 2024, after the market closes, it will report results for the first quarter of 2024. On May 1, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address. Confer
FRANKLIN, Tenn., Feb. 13, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended December 31, 2023. The Company reported net income for the three months ended December 31, 2023 of approximately $4.6 million, or $0.15 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended December 31, 2023 totaled $0.57 and $0.61, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended December 31, 2023, the Company acquired two real estate properties for an aggregate purchase price of approximately $7.
FRANKLIN, Tenn., Jan. 23, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that on Tuesday evening, February 13, 2024, after the market closes, it will report results for the fourth quarter of 2023. On February 14, 2024, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site addr
FRANKLIN, Tenn., Oct. 4, 2023 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) today announced that on Tuesday evening, October 31, 2023, after the market closes, it will report results for the third quarter of 2023. On November 1, 2023, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address.
FRANKLIN, Tenn., Aug. 1, 2023 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:CHCT) (the "Company") today announced results for the three months ended June 30, 2023. The Company reported net income for the three months ended June 30, 2023 of approximately $6.6 million, or $0.24 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended June 30, 2023 totaled $0.62 and $0.63, respectively, per diluted common share. Items Impacting Our Results include: During the three months ended June 30, 2023, the Company acquired three real estate properties and one land parcel for an aggregate purchase price of approximately