Community Healthcare Trust (NYSE:CHCT) Given Media Impact Rating of 0.10

News articles about Community Healthcare Trust (NYSE:CHCT) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of 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 impact score of 0.10 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 44.9139135673706 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of CHCT traded up $0.20 on Friday, reaching $29.39. 196,929 shares of the stock traded hands, compared to its average volume of 110,697. The stock has a market cap of $530.67 million, a PE ratio of 20.84 and a beta of 0.83. Community Healthcare Trust has a 12 month low of $22.41 and a 12 month high of $30.64.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 1st. Stockholders of record on Friday, May 18th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, May 17th. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.40. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.44%. Community Healthcare Trust’s payout ratio is currently 113.48%.

Several equities research analysts recently weighed in on CHCT shares. Sandler O’Neill set a $28.00 target price on Community Healthcare Trust and gave the stock a “buy” rating in a report on Monday, February 26th. ValuEngine upgraded Community Healthcare Trust from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research lowered Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Monday, April 30th. TheStreet upgraded Community Healthcare Trust from a “d+” rating to a “c-” rating in a report on Wednesday, March 28th. Finally, B. Riley upped their price target on Community Healthcare Trust from $27.00 to $28.00 and gave the stock a “hold” rating in a report on Friday, May 11th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Community Healthcare Trust currently has an average rating of “Hold” and an average price target of $27.50.

Community Healthcare Trust Company Profile

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 $413.3 million in 89 real estate properties, including one mortgage note, as of March 31, 2018, located in 27 states, totaling approximately 2.0 million square feet.

Insider Buying and Selling by Quarter for Community Healthcare Trust (NYSE:CHCT)

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