Somewhat Favorable News Coverage Somewhat Unlikely to Affect Community Healthcare Trust (CHCT) Stock Price

Media stories about Community Healthcare Trust (NYSE:CHCT) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Community Healthcare Trust earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.8030779227253 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

CHCT has been the subject of a number of analyst reports. Evercore ISI upped their price objective on shares of Community Healthcare Trust from $25.50 to $26.50 and gave the company an “outperform” rating in a research report on Tuesday, July 4th. Zacks Investment Research cut shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Finally, ValuEngine cut shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th.

Community Healthcare Trust (NYSE:CHCT) traded up 1.26% during trading on Friday, reaching $26.42. 78,085 shares of the company’s stock were exchanged. Community Healthcare Trust has a 1-year low of $19.61 and a 1-year high of $26.54. The company’s 50-day moving average is $25.15 and its 200-day moving average is $24.56. The company has a market capitalization of $335.16 million, a PE ratio of 96.42 and a beta of 1.04.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, August 28th will be paid a $0.3925 dividend. The ex-dividend date is Thursday, August 24th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. This represents a $1.57 annualized dividend and a dividend yield of 6.02%. Community Healthcare Trust’s dividend payout ratio is 577.80%.

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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.