Community Healthcare Trust (CHCT) Earning Favorable News Coverage, Accern Reports
Headlines about Community Healthcare Trust (NYSE:CHCT) have trended positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Community Healthcare Trust earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.3576077542349 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of research firms have recently weighed in on CHCT. Zacks Investment Research lowered shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. ValuEngine lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, Evercore ISI increased their target price on shares of Community Healthcare Trust from $25.50 to $26.50 and gave the stock an “outperform” rating in a report on Tuesday, July 4th.
Community Healthcare Trust (NYSE CHCT) traded up 2.82% during mid-day trading on Monday, hitting $27.72. 121,590 shares of the stock were exchanged. The company’s 50-day moving average price is $26.67 and its 200 day moving average price is $25.40. Community Healthcare Trust has a 52 week low of $19.61 and a 52 week high of $27.72. The firm has a market capitalization of $351.66 million, a price-to-earnings ratio of 101.17 and a beta of 1.03.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Monday, August 28th were given a $0.3925 dividend. This represents a $1.57 annualized dividend and a yield of 5.82%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, August 24th. Community Healthcare Trust’s payout ratio is 581.50%.
About Community Healthcare Trust
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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