CHCT, US20369C1062

Piper Sandler cuts target for Community Healthcare Trust stock to USD 14.00

Published on 10/20/2026 at 20:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 31.22 million on October 8, 2026. Community Healthcare Trust stock costs EUR 11.69 on October 20, 2026.

Analyst target and quarterly figures

Piper Sandler cut its Community Healthcare Trust target to USD 14.00 from USD 17.00 on October 12, 2026.
Second-quarter revenue was USD 31.22 million, while adjusted funds from operations were USD 0.56 per share.
Community Healthcare Trust stock costs EUR 11.69 at Lang & Schwarz on October 20, 2026 at 8:52 p.m. CEST.

CHCT, US20369C1062, Illustration mit AI erstellt.

Community Healthcare Trust (ISIN US20369C1062) is facing a lower valuation mark after MarketBeat reported on October 12, 2026 that Piper Sandler cut its price target from USD 17.00 to USD 14.00 while keeping a neutral rating. Against the USD 13.14 primary-market price cited for October 20, 2026, the new target stands 6.54 percent above the price. Community Healthcare Trust was trading at EUR 11.69 at Lang & Schwarz on October 20, 2026 at 8:52 p.m. CEST.

Second-quarter revenue reached USD 31.22 million

The latest reported period was the second quarter of 2026. Benzinga reported on October 8, 2026 that total revenue reached USD 31.2 million, funds from operations reached USD 13.2 million and adjusted funds from operations reached USD 15.4 million. Adjusted funds from operations per share was USD 0.56, unchanged from the first quarter.

The same report described a capital plan built around occupancy improvement, portfolio reinvestment, asset sales and acquisitions. Management said the company had signed leases covering more than 100,000 square feet and expected USD 85 million to USD 90 million of acquisitions in 2026.

Stock remains below its yearly high

The primary-market quote was USD 13.14 at 2:55 p.m. ET on October 20, 2026. The 52-week range was USD 12.58 to USD 19.17, placing the price USD 6.03 below the high and USD 0.56 above the low. Market capitalization was USD 376.5 million on the same date, and the price-to-earnings ratio was 19.57.

Dividend reset changes capital allocation

Community Healthcare Trust also reduced its quarterly dividend from USD 0.48 to USD 0.33 per share in the second-quarter update. Benzinga reported that the change was intended to retain USD 25 million to USD 30 million over two years for acquisitions and portfolio growth. The company said it was targeting occupancy of 92 percent within 18 months and up to USD 6 million of net operating income upside from occupancy gains and rent growth.

Target cut leaves a narrow gap

Piper Sandler's USD 14.00 target is USD 0.86 above the USD 13.14 primary-market price. The analyst action, second-quarter revenue, and the dividend reset give investors three different measures of the company's current position: valuation expectations, operating income, and retained capital.