Community Healthcare Trust (NYSE:CHCT) will post its quarterly earnings results after the market closes on Tuesday, November 6th. Analysts expect Community Healthcare Trust to post earnings of $0.42 per share for the quarter.
CHCT opened at $30.26 on Tuesday. Community Healthcare Trust has a twelve month low of $22.41 and a twelve month high of $32.81. The firm has a market cap of $542.18 million, a PE ratio of 21.45 and a beta of 0.80.
Several equities research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Community Healthcare Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Zacks Investment Research cut shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 17th. B. Riley raised their price target on shares of Community Healthcare Trust from $28.00 to $32.00 and gave the stock a “hold” rating in a report on Monday, August 13th. Finally, SunTrust Banks restated a “buy” rating and issued a $36.00 price target on shares of Community Healthcare Trust in a report on Thursday, August 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Community Healthcare Trust currently has an average rating of “Buy” and a consensus price target of $31.75.
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 non-urban markets throughout the United States. The Company had investments of approximately $416.8 million in 91 real estate properties as of June 30, 2018, located in 27 states, totaling approximately 2.1 million square feet.
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