Press coverage about Community Healthcare Trust (NYSE:CHCT) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. 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 0.14 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.1347922314346 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of Community Healthcare Trust (NYSE CHCT) opened at $26.09 on Friday. Community Healthcare Trust has a fifty-two week low of $22.08 and a fifty-two week high of $30.64. The firm has a market capitalization of $471.86 and a P/E ratio of 118.59.
Community Healthcare Trust (NYSE:CHCT) last issued its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.38). Community Healthcare Trust had a return on equity of 1.40% and a net margin of 8.86%. analysts expect that Community Healthcare Trust will post 1.45 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 16th will be issued a $0.3975 dividend. This represents a $1.59 annualized dividend and a dividend yield of 6.09%. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, February 15th. Community Healthcare Trust’s dividend payout ratio is presently 718.18%.
CHCT has been the subject of several analyst reports. B. Riley set a $29.00 price objective on Community Healthcare Trust and gave the company a “neutral” rating in a research note on Monday, December 18th. ValuEngine lowered Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research lowered Community Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Finally, Sandler O’Neill set a $30.00 price objective on Community Healthcare Trust and gave the company a “buy” rating in a research note on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Community Healthcare Trust has an average rating of “Hold” and a consensus price target of $28.50.
In other news, CEO Timothy G. Wallace acquired 10,099 shares of Community Healthcare Trust stock in a transaction on Monday, December 11th. The shares were bought at an average cost of $26.93 per share, for a total transaction of $271,966.07. Following the acquisition, the chief executive officer now directly owns 448,206 shares of the company’s stock, valued at approximately $12,070,187.58. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy G. Wallace acquired 4,949 shares of Community Healthcare Trust stock in a transaction on Wednesday, December 13th. The shares were purchased at an average price of $27.60 per share, for a total transaction of $136,592.40. Following the completion of the acquisition, the chief executive officer now directly owns 463,222 shares in the company, valued at $12,784,927.20. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 25,064 shares of company stock worth $677,488. Company insiders own 5.50% of the company’s stock.
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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.
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