Profile
Sector:
Real EstateIndustry:
Healthcare FacilitiesCountry:
United StatesIPO:
20 May 2015Website:
http://www.chct.reitNext earnings report:
13 February 2025Last dividends:
09 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 23:54:57 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
CHCT Latest News
These companies could slash their high-yielding payouts in the future.
Community Healthcare Trust Incorporated (NYSE:CHCT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dave Dupuy - Chief Executive Officer Bill Monroe - Chief Financial Officer Conference Call Participants Connor Mitchell - Piper Sandler & Co. Rob Stevenson - Janney Michael Lewis - Truist Jim Kammert - Evercore Barry Oxford - Colliers Securities Operator Welcome to the Community Healthcare Trust 2024 Third Quarter Earnings Release Conference Call. On the call today, the company will discuss its 2024 third quarter financial results.
While the top- and bottom-line numbers for Community Healthcare Trust (CHCT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
FRANKLIN, Tenn. , Oct. 29, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended September 30, 2024.
Community Healthcare Trust and Medical Properties Trust both securitize medical real estate primarily on a net lease basis and have recently faced tenant issues. I compare the two companies based on AFFO multiple, enterprise-level market-implied cap rate, dividends, and impact from Fed easing. CHCT's main appeal lies in its lower leverage, more attractive enterprise-level valuation, and higher dividend yield.
FRANKLIN, Tenn. , Oct. 24, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the quarter ended September 30, 2024.
FRANKLIN, Tenn. , Oct. 16, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced that it has closed on an amended 5-year $400 million senior unsecured revolving line of credit (the "Revolving Facility") with the Second Amendment to the Company's Third Amended and Restated Credit Agreement (the "Refinancing Transaction").
Community Healthcare Realty Trust dividend isn't as healthy as it had been.
Community Healthcare Trust is a healthcare REIT focused primarily on Medical Offices and Inpatient Rehabilitation Facilities. The REIT has substantially underperformed the Vanguard Real Estate Index Fund ETF in 2024. Shares fell significantly following Q2 2024 results which revealed collection issues with a tenant accounting for $1.5 million in quarterly rent and interest.
The headline numbers for Community Healthcare Trust (CHCT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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What type of business is Community Healthcare Trust Incorporated?
Community Healthcare Trust Incorporated (the Company'', we'', our'') was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers. As of March 31, 2024, the Company had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totaling approximately $3.0 million and two properties classified as an asset held for sale with an aggregate amount totaling approximately $7.5 million. The properties are located in 35 states, totaling approximately 4.4 million square feet in the aggregate and were approximately 92.3% leased, excluding real estate assets held for sale, at March 31, 2024 with a weighted average remaining lease term of approximately 6.9 years.
What sector is Community Healthcare Trust Incorporated in?
Community Healthcare Trust Incorporated is in the Real Estate sector
What industry is Community Healthcare Trust Incorporated in?
Community Healthcare Trust Incorporated is in the Healthcare Facilities industry
What country is Community Healthcare Trust Incorporated from?
Community Healthcare Trust Incorporated is headquartered in United States
When did Community Healthcare Trust Incorporated go public?
Community Healthcare Trust Incorporated initial public offering (IPO) was on 20 May 2015
What is Community Healthcare Trust Incorporated website?
https://www.chct.reit
Is Community Healthcare Trust Incorporated in the S&P 500?
No, Community Healthcare Trust Incorporated is not included in the S&P 500 index
Is Community Healthcare Trust Incorporated in the NASDAQ 100?
No, Community Healthcare Trust Incorporated is not included in the NASDAQ 100 index
Is Community Healthcare Trust Incorporated in the Dow Jones?
No, Community Healthcare Trust Incorporated is not included in the Dow Jones index
When was Community Healthcare Trust Incorporated the previous earnings report?
No data
When does Community Healthcare Trust Incorporated earnings report?
The next expected earnings date for Community Healthcare Trust Incorporated is 13 February 2025