Notable News Spotlight: Community Healthcare Trust Incorporated (NYSE:CHCT)

Community Healthcare Trust Incorporated (NYSE:CHCT) spotted trading -1.39% off 52-week high price. On the other end, the stock has been noted 50.76% away from the low price over the last 52-weeks. The stock changed 1.05% to recent value of $41.52. The stock transacted 61180 shares during most recent day however it has an average volume of 144.86K shares. The company has 18.58M of outstanding shares and 17.75M shares were floated in the market.

On Aug. 1, 2019, Community Healthcare Trust Incorporated (NYSE:CHCT) announced that its Board of Directors has increased its common stock cash dividend for the quarter ended June 30, 2019.  This dividend, in the amount of $0.4125 per share, is payable on August 30, 2019 to shareholders of record on August 16, 2019. This dividend rate equates to an annualized dividend of $1.65 per share.  Community Healthcare Trust Incorporated has increased its dividend every quarter since its Initial Public Offering.

About Community Healthcare Trust Incorporated

Community Healthcare Trust Incorporated (the Company) 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 our target sub-markets throughout the United States.

Cautionary Note Regarding Forward-Looking Statements

In addition to the historical information contained within, the matters discussed in this supplemental operating and financial information package may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as believes, expects, may, should, seeks, approximately, intends, plans, estimates, anticipates or other similar words or expressions, including the negative thereof. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Because forward-looking statements relate to future events, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the control of Community Healthcare Trust Incorporated (the Company). Thus, the Company’s actual results and financial condition may differ materially from those indicated in such forward-looking statements. Some factors that might cause such a difference include the following: general volatility of the capital markets and the market price of the Company’s common stock, changes in the Company’s business strategy, availability, terms and deployment of capital, the Company’s ability to refinance existing indebtedness at or prior to maturity on favorable terms, or at all, changes in the real estate industry in general, interest rates or the general economy, adverse developments related to the healthcare industry, the degree and nature of the Company’s competition, the ability to consummate acquisitions under contract and the other factors described in the section entitled Risk Factors in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 and the Company’s other filings with the Securities and Exchange Commission from time to time. Readers are therefore cautioned not to place undue reliance on the forward-looking statements contained herein which speak only as of the date hereof. The Company intends these forward-looking statements to speak only as of the time of this supplemental operating and financial information package and undertakes no obligation to update forward-looking g statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Its earnings per share (EPS) expected to touch remained 5.20% for this year. CHCT has a gross margin of 79.00% and an operating margin of 17.30% while its profit margin remained 7.90% for the last 12 months.

The price moved ahead of 1.54% from the mean of 20 days, 5.04% from mean of 50 days SMA and performed 20.82% from mean of 200 days price. Company’s performance for the week was 1.10%, 3.67% for month and YTD performance remained 44.02%.


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