Community Healthcare Trust | REIT Profile

Symbol: CHCT
CIK: 1631569
Exchange: NYSE
Founded: 2014 (8 years)
HQ: Franklin, TN, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Health Care

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See CHCT on SEC.gov

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About Community Healthcare Trust

Community Healthcare Trust Incorporated 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 non-urban markets throughout the United States. The Company had investments of approximately $329.3 million in 78 real estate properties, including one mortgage note, as of June 30, 2017, located in 25 states, totaling over 1.7 million square feet. The company was founded by Timothy G. Wallace on March 28, 2014 and is headquartered in Franklin, TN.


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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$30.79 $31.89 $30.75 $31.62 $31.85 $31.85 169,136 -$1.07 -3.34% $772,680,596 36.21 $47.16 $30.75 -33.69%

Last update: 2022-09-27 12:56:34 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 8.4

Hightlights of Trading Day September 27, 2022


Open Price: $31.62
Closing Price: $30.66
Price Change: -1.19 (-3.736%)
Lowest Price: $30.65
Highest Price: $31.89
52-Week Low: $30.65
52-Week High: $47.16
52-Week Change: -28.92%
5 Day Price Change: -8.56%
1 Month Price Change: -16.27%
3 Month Price Change: -10.58%
6 Month Price Change: -21.19%
YTD Price Change: -30.35%
1 Year Price Change: -30.80%
2 Year Price Change: -23.96%
5 Year Price Change: 49.57%

Dividend of Trading Day September 27, 2022


Dividend Yield: 5.773%*
Annualized Dividend: $1.77*
Dividend Yield (TTM): 5.419%
Annualized Dividend (TTM): $1.726
Ex-Dividend Date: 2022-08-11
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for CHCT.

Year Quarter Type Amount Dividend Paid Payout Ratio
2022 Q2 FFO $--- $--- ---%
2022 Q2 AFFO $--- $--- ---%
2022 Q1 FFO $--- $--- ---%
2022 Q1 AFFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day September 27, 2022


Total Cash: N/A
Current Debt: $17,130,000
Revenue: $94,026,000
Gross Profit: $78,287,000
Total Revenue: $94,026,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $65,000,000
Revenue Per Share: $4
Revenue Per Employee: N/A
Employee: 28
Debt to Equity Ratio (D/E): 1.66
Profit Margin: 0.21%
Enterprise Value (EV): $1,202,286,097
Enterprise Value to Revenue (EV/R): 12.79
Price to Sales (P/S): 9.65
Price to Book (P/B): 1.92
Price/Earnings-to-Growth (PEG) Ratio: -41.73
P/E Ratio: 36.07
P/E High: 58.74
P/E Low: 24.89
Forward P/E Ratio: N/A
Market Capitalization: $769,543,189
Beta: 0.58
Latest Volume: 209,283
Avg. Total Volume: 93,996
Avg. 10-Day Volume: 87,770
Avg. 30-Day Volume: 93,996
TTM EPS: 0.85
Shares Outstanding: 25,099,256
Float: N/A
50-Day Moving Avg.: $37.29
200-Day Moving Avg.: $37.32

Properties Owned by CHCT


CHCT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website


Properties Based on Earnings Report's 10-K

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $46.00 per share you would have been able to buy 21 shares of CHCT on 2021-09-27 costing $966.00 @ $46.00 per share you would have been able to buy 10 shares of CHCT on 2021-09-27 costing $460.00 @ $46.00 per share you would have been able to buy 5 shares of CHCT on 2021-09-27 costing $230.00 @ $46.00 per share you would have been able to buy 2 shares of CHCT on 2021-09-27 costing $92.00 @ $46.00 per share you would have been able to buy 1 shares of CHCT on 2021-09-27 costing $46.00
Current worth On 2022-09-27 these 21 shares would be worth $643.86 @ $30.66 On 2022-09-27 these 10 shares would be worth $306.60 @ $30.66 On 2022-09-27 these 5 shares would be worth $153.30 @ $30.66 On 2022-09-27 these 2 shares would be worth $61.32 @ $30.66 On 2022-09-27 these 1 shares would be worth $30.66 @ $30.66
Dividends earned $36.86 in dividends would have been earned since 2021-09-27 with 21 shares. $18 in dividends would have been earned since 2021-09-27 with 10 shares. $8.78 in dividends would have been earned since 2021-09-27 with 5 shares. $3.51 in dividends would have been earned since 2021-09-27 with 2 shares. $1.76 in dividends would have been earned since 2021-09-27 with 10 shares.
Net (gain / loss)* -285.29 USD -135.85 USD -67.93 USD -27.17 USD -13.59 USD
ROI** -29.53% -29.53% -29.53% -29.53% -29.53%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CHCT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CHCT 2022-08-11 0.443 0.57% 2022-07-28 2022-08-12 2022-08-26
CHCT 2022-05-12 0.440 0.57% 2022-04-28 2022-05-13 2022-05-27
CHCT 2022-02-18 0.438 0.57% 2022-02-10 2022-02-22 2022-03-01
CHCT 2021-11-10 0.435 0.58% 2021-10-28 2021-11-12 2021-11-26
CHCT 2021-08-12 0.433 0.58% 2021-07-29 2021-08-13 2021-08-27
CHCT 2021-05-13 0.430 0.58% 2021-04-29 2021-05-14 2021-05-28
CHCT 2021-02-24 0.428 0.59% 2021-02-11 2021-02-25 2021-03-05
CHCT 2020-11-13 0.425 0.59% 2020-11-02 2020-11-16 2020-11-27
CHCT 2020-08-14 0.423 0.60% 2020-08-03 2020-08-17 2020-08-28
CHCT 2020-05-14 0.420 0.60% 2020-05-04 2020-05-15 2020-05-29
CHCT 2020-02-14 0.418 0.60% 2020-02-06 2020-02-18 2020-02-28
CHCT 2019-11-14 0.415 0.61% 2019-10-31 2019-11-15 2019-11-29
CHCT 2019-08-15 0.413 0.61% 2019-08-01 2019-08-16 2019-08-30
CHCT 2019-05-16 0.410 0.61% 2019-05-01 2019-05-17 2019-05-31
CHCT 2019-02-21 0.408 0.62% 2019-02-07 2019-02-22 2019-03-01
CHCT 2018-11-15 0.405 0.62% 2018-11-01 2018-11-16 2018-11-30
CHCT 2018-08-16 0.403 0.63% 2018-08-01 2018-08-17 2018-08-31
CHCT 2018-05-17 0.400 0.63% 2018-05-03 2018-05-18 2018-06-01
CHCT 2018-02-15 0.398 0.63% 2018-02-01 2018-02-16 2018-03-02
CHCT 2017-11-16 0.395 0.64% 2017-11-02 2017-11-17 2017-12-01

Earnings Press Releases


Below are the Earnings Press Releases for CHCT. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2021 Q4 COMMUNITY HEALTHCARE TRUST ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED DECEMBER 31, 2021
2021 Q3 COMMUNITY HEALTHCARE TRUST ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2021
2021 Q2 COMMUNITY HEALTHCARE TRUST ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED JUNE 30, 2021
2021 Q1 COMMUNITY HEALTHCARE TRUST ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2021

Financial Statements Overview


The next Earnings Report for CHCT is 2022-11-01

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Current Cash 0 0 0 0
Receivables 16,186,000 15,547,000 14,084,000 39,264,000
Inventory 0 0 0 0
Current Assets 51,984,000 49,869,000 43,136,000 44,438,000
Current Assets (Other) 5,940,000 5,873,000 701,000 3,077,000
Short Term Investments 5,940,000 5,873,000 701,000 3,077,000
Long-term Investments 734,050,000 711,361,000 711,097,000 703,154,000
Property, Plant & Equipment Net 717,432,000 699,770,000 701,029,000 694,958,000
Goodwill 0 0 0 0
Intangible Assets 517,000 557,000 1,850,000 575,000
Other Assets 14,978,000 9,888,000 6,566,000 5,371,000
Net Tangible Assets 472,445,000 470,557,000 460,262,000 461,096,000
Total Assets 786,034,000 761,230,000 754,233,000 747,592,000
Accounts Payable 0 0 0 0
Liabilities (Other) 454,000 549,000 6,452,000 8,850,000
Current Liabilities (Other) 17,130,000 16,132,000 16,276,000 15,707,000
Total Current Liabilities 17,130,000 16,132,000 16,276,000 15,707,000
Current Long-term Debt 0 0 0 0
Long-term Debt 294,697,000 272,642,000 268,598,000 260,533,000
Total Liabilities 313,072,000 290,116,000 292,121,000 285,921,000
Minority Interest 0 0 0 0
Common Stock 23,578,000 23,570,000 23,575,778 23,472,000
Retained Earnings -139,681,000 -134,227,000 -128,782,000 -124,027,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 472,962,000 471,114,000 462,112,000 461,671,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Total Revenue 24,049,000 23,481,000 23,242,000 23,254,000
Cost of Revenue 4,062,000 4,091,000 3,535,000 4,051,000
Gross Profit 19,987,000 19,390,000 19,707,000 19,203,000
Research and Development 0 0 0 0
Selling General and Admin 3,610,000 3,316,000 3,155,000 3,206,000
Operating Expense 15,749,000 15,349,000 14,515,000 15,069,000
Operating Income 8,300,000 8,132,000 8,727,000 8,185,000
Income Expense Net (Other) 0 0 0 0
EBIT 8,300,000 8,132,000 8,727,000 8,185,000
Interest Income 2,755,000 2,626,000 2,789,000 2,788,000
Pretax Income 5,600,000 5,507,000 6,176,000 5,399,000
Income Tax 16,000 -17,000 63,000 45,000
Minority Interest 0 0 0 0
Net Income 4,916,000 4,866,000 5,496,000 4,742,000
Net Income Basic 4,916,000 4,866,000 5,496,000 4,742,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Net Income 4,916,000 4,866,000 5,496,000 4,742,000
Depreciation 8,077,000 7,942,000 7,825,000 8,014,000
Changes in Receivables 16,186,000 15,547,000 14,084,000 39,264,000
Changes in Inventories 0 0 0 0
Cash Change 1,699,000 1,178,000 2,351,000 1,641,000
Cash Flow 15,117,000 14,402,000 14,995,000 13,251,000
Capital Expenditures -1,756,000 -1,892,000 -2,681,000 -1,473,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -25,332,000 -8,487,000 -11,296,000 -11,217,000
Dividends Paid 0 0 0 0
Net Borrowings 261,257,000 240,019,000 241,897,000 257,456,000
Cash Flow Financing 10,874,000 -7,083,000 -2,929,000 -5,191,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
6 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.8
10 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.7
9 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.9
8 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 7.0
8 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.0
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.3
Rating Leverage Section Avg. Rating
9 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.7
7 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.9
7 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.7
7 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
9 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.3
Rating Asset & Revenue Section Avg. Rating
5 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.3
4 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.9
9 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.7
9 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.0
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.6
8 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 8.7
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
8.4 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-09-27 - v3.5