- Community Healthcare Trust (CHCT, Financial) raises its quarterly dividend, offering a forward yield of 11.97%.
- Analyst price targets suggest a potential upside of 37.49%.
- GuruFocus estimates indicate a significant upside potential of 125.21% based on GF Value.
Community Healthcare Trust (NYSE: CHCT) recently announced a slight increase in its quarterly dividend, now set at $0.47 per share. This modest 0.5% rise pushes the forward dividend yield to an attractive 11.97%, appealing to income-focused investors. Shareholders of record as of May 9 will benefit from this payout, with the dividend slated for distribution on May 23. This key date marks the ex-dividend cutoff, a crucial consideration for dividend-seeking investors.
Wall Street Analysts' Forecasts
Five seasoned analysts have shared their one-year price targets for Community Healthcare Trust Inc (CHCT, Financial), offering insights into potential market movements. The average target price is pegged at $21.60, with estimates ranging from a high of $25.00 to a low of $17.00. This average target represents an enticing 37.49% upside from the current share price of $15.71. For more detailed projections, visit the Community Healthcare Trust Inc (CHCT) Forecast page.
Brokerage Recommendations
According to consensus data from five brokerage firms, Community Healthcare Trust Inc (CHCT, Financial) holds an average recommendation of 2.0, translating to an "Outperform" rating. This suggests a favorable outlook as the score hovers near the "Strong Buy" end of the 1 to 5 scale, where 1 indicates a Strong Buy and 5 signifies a Sell recommendation.
GuruFocus GF Value Projection
With a strategic focus on valuation, GuruFocus provides a compelling GF Value estimate for CHCT at $35.38, projecting an impressive upside potential of 125.21% from the current price of $15.71. This GF Value underscores the stock's theoretical fair value, derived from historical trading multiples, business growth metrics, and future performance forecasts. For further insights, explore more detailed data on the Community Healthcare Trust Inc (CHCT, Financial) Summary page.
