Community Healthcare Trust Incorporated (NYSE: CHCT) to report earnings of $ 0.58 per share

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Analysts expect Community Healthcare Trust Incorporated (NYSE: CHCT) to report earnings per share (EPS) of $ 0.58 for the current quarter, Zacks Investment Research reports. Two analysts have released Community Healthcare Trust earnings estimates. The lowest EPS estimate is $ 0.57 and the highest is $ 0.60. Community Healthcare Trust posted earnings per share of $ 0.52 in the same quarter last year, which would indicate a positive year-over-year growth rate of 11.5%. The company is expected to announce its next quarterly earnings report after the market closes on Tuesday, November 2.

According to Zacks, analysts expect Community Healthcare Trust to report annual profit of $ 2.29 per share for the current fiscal year, with EPS estimates ranging from $ 2.24 to $ 2.33. For the next fiscal year, analysts expect the company to report earnings of $ 2.60 per share, with EPS estimates ranging from $ 2.45 to $ 2.72. Zacks earnings per share averages are an average based on a survey of selling analysts who cover Community Healthcare Trust.

Community Healthcare Trust (NYSE: CHCT) last released its quarterly earnings data on Monday, August 2. The REIT reported EPS of $ 0.22 for the quarter, missing analyst consensus estimates of $ 0.24 per ($ 0.02). Community Healthcare Trust recorded a return on equity of 4.92% and a net margin of 25.70%.

Several equity research analysts have published reports on CHCT’s shares. Zacks Investment Research downgraded Community Healthcare Trust shares from a “buy” rating to a “keep” rating in a Wednesday, October 6 research note. B. Riley raised his price target for Community Healthcare Trust shares from $ 50.00 to $ 52.00 and assigned the company a “neutral” rating in a research note on Tuesday, June 15.

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BIG MONEY stepped in.

A number of hedge funds have recently increased or reduced their holdings in CHCT. BlackRock Inc. increased its position in Community Healthcare Trust by 1.3% in the 2nd quarter. BlackRock Inc. now owns 4,499,064 Real Estate Investment Trust shares valued at $ 213,525,000 after acquiring an additional 56,392 shares during the period. Vanguard Group Inc. increased its position in Community Healthcare Trust by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 2,676,982 real estate investment trust shares valued at $ 127,049,000 after acquiring an additional 73,430 shares during the period. State Street Corp strengthened its position in Community Healthcare Trust by 4.1% in the 2nd quarter. State Street Corp now owns 1,189,193 real estate investment trust shares valued at $ 56,439,000 after acquiring an additional 46,560 shares during the period. Price T Rowe Associates Inc. MD increased its position in Community Healthcare Trust by 13.1% in Q2. Price T Rowe Associates Inc. MD now owns 968,066 Real Estate Investment Trust shares valued at $ 45,944,000 after acquiring an additional 112,448 shares during the period. Finally, Aristotle Capital Boston LLC strengthened its position in Community Healthcare Trust by 0.6% in the 1st quarter. Aristotle Capital Boston LLC now owns 665,268 real estate investment trust shares valued at $ 30,682,000 after acquiring an additional 3,921 shares during the period. Institutional investors and hedge funds hold 86.05% of the company’s shares.

NYSE: CHCT shares opened at $ 46.27 on Wednesday. Community Healthcare Trust has a 12-month low of $ 42.63 and a 12-month high of $ 52.54. The company’s fifty-day simple moving average is $ 47.70 and its 200-day simple moving average is $ 48.45. The company has a market cap of $ 1.14 billion, a price / earnings ratio of 53.80, a PEG ratio of 2.02 and a beta of 0.48.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 27. Investors registered on Friday August 13 received a dividend of $ 0.433 per share. This represents a dividend of $ 1.73 on an annualized basis and a return of 3.74%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $ 0.43. The ex-dividend date was Thursday, August 12. Community Healthcare Trust’s dividend payout ratio is currently 83.98%.

Community Healthcare Trust Company Profile

Community Healthcare Trust, Inc. engages in the acquisition of real estate that is leased to hospitals, physicians, health systems and other health service providers. It invests in healthcare properties, including outpatient diagnostic and treatment facilities, emergency care centers, acute care hospitals, outpatient surgery centers, assisted living facilities, and nursing homes. long-term, medical office buildings, clinics, specialized hospitals and treatment centers.

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History and Revenue Estimates for the Community Healthcare Trust (NYSE: CHCT)

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