CHCT
Community Healthcare TrustBDocument history
Earnings documents stored for CHCT.
Investor releaseQuarter not tagged2026-05-20How The Community Healthcare Trust (CHCT) Story Is Evolving Around Earnings Risks And Asset Sales
Simply Wall St.
How The Community Healthcare Trust (CHCT) Story Is Evolving Around Earnings Risks And Asset Sales
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Community Healthcare Trust’s fair value price target is steady at US$18.50, with no change from the prior estimate, even as other model inputs have been refreshed. That stable target sits alongside analyst research that clusters expectations in the mid to high teens and weighs steady execution against funding and tenant risks. As you read on, you will see how these target assumptions fit into the evolving narrative around balance sheet choices, earnings resilience, and the planned asset sale. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Community Healthcare Trust. Truist maintains a Buy rating with a US$19 price target, highlighting expectations for moderate earnings growth and suggesting confidence in Community Healthcare Trust’s ability to keep earnings supported over time. Piper Sandler, with a Neutral rating and an US$18 price target, points to management’s focus on core operations and capital recycling while the company works through the planned sale of six geriatric behavioral hospitals. Evercore ISI raised its target to US$17 after what it described as a steady Q4, which aligns with the view that execution has been consistent even as the portfolio is being repositioned. Truist flags rising leverage as a concern and notes that Community Healthcare Trust could benefit from a lower cost of equity, which ties directly into how easily it can fund growth and support its balance sheet. Piper Sandler highlights ongoing issues with a troubled tenant and the pending sale of six hospitals across three states, underscoring transaction and counterparty risk while the buyer completes final due diligence. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! We've flagged 3 risks for Community Healthcare Trust. See which could impact your investment. Community Healthcare Trust declared a quarterly dividend of US$0.4800 per share, with payment scheduled for May 22, 2026. This may interest income focused investors watching near term cash flows. The dividend carries an ex date of May 11, 2026. Investors buying the stock on or after that day would no...
Investor releaseQuarter not tagged2026-05-10Community Healthcare Trust Q1 Earnings Call Highlights
MarketBeat
Community Healthcare Trust Q1 Earnings Call Highlights
Interested in Community Healthcare Trust Incorporated? Here are five stocks we like better. Revenue and profitability improved in the first quarter, with total revenue rising 4.8% year over year to $31.5 million and FFO/AFFO also increasing. AFFO per diluted share came in at $0.56, up from both a year ago and the prior quarter. Occupancy slipped modestly to 89.8% due to lease terminations, but management expects leased occupancy to rebound next quarter as renewals and new leasing progress. The company also continues to work through a tenant transition involving six behavioral health hospitals, though timing for a closing remains uncertain. Capital recycling and redevelopment remain central to strategy, with CHCT buying a $28.5 million rehabilitation facility, planning roughly $99 million of additional post-completion acquisitions, and selling lower-priority assets. The company also raised its quarterly dividend to $0.48 per share and said it has increased the payout every quarter since its IPO. Community Healthcare Trust (NYSE:CHCT) reported higher first-quarter revenue and funds from operations while management said it is continuing to focus on capital recycling, selective acquisitions and resolving an ongoing tenant transition involving six behavioral health hospitals. On the company’s 2026 first-quarter earnings call, Chief Executive Officer Dave Dupuy said a geriatric behavioral hospital operator that leases six Community Healthcare Trust properties paid about $300,000 in rent during the quarter, up $100,000 from the prior quarter. Dupuy said the tenant signed a letter of intent on July 17, 2025, to sell the operations of all six hospitals to an experienced behavioral healthcare operator and remains under exclusivity with that buyer. → Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking “The buyer is finalizing legal and business due diligence and has entered the drafting phase of the definitive purchase documents, including new leases on the six hospitals owned by the company,” Dupuy said. He added that the company remains in “frequent, productive communication” with the buyer’s team, but said Community Healthcare Trust could not provide specific timing or certainty that the transaction will close. Chief Financial Officer Bill Monroe said total revenue rose to $31.5 million in the first quarter of 2026 from $30.1 million in the ye...
Investor releaseQuarter not tagged2026-05-06Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2026
PR Newswire
Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2026
FRANKLIN, Tenn., May 5, 2026 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended March 31, 2026. The Company reported net income for the three months ended March 31, 2026 of approximately $2.5 million, or $0.07 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended March 31, 2026 totaled $0.49 and $0.56 per diluted common share, respectively. Items Impacting Our Results include: During the first quarter of 2026, the Company acquired an inpatient rehabilitation facility in Florida upon completion of construction for a purchase price and cash consideration of approximately $28.5 million. The property was 100.0% leased to a tenant with a lease expiration in 2044 and an expected return of approximately 9.3%. The acquisition was funded with net proceeds from the Revolving Credit Facility and asset sales. During the first quarter of 2026, the Company disposed of one property and received net proceeds of approximately $5.2 million. The Company also received net proceeds of approximately $0.7 million for a property disposed of during the fourth quarter of 2025. During the first quarter of 2026, the geriatric behavioral hospital operator, a tenant in six of the Company's properties, paid $0.3 million in rent, an increase of $0.1 million from the fourth quarter of 2025. In July 2025, the tenant signed a Letter of Intent (LOI) for the sale of its business to a behavioral healthcare provider. The buyer is finalizing legal and business due diligence and has entered the drafting phase of the definitive purchase documents, including new leases on the six hospitals owned by the Company. While the transaction is progressing, the Company cannot provide assurance regarding the specific timing or the ultimate certainty of the closing. The Company has four properties under definitive purchase agreements, to be acquired after completion and occupancy, for an aggregate expected purchase price of approximately $99.0 million. The Company's expected returns on these investments are approximately 9.1% to 9.75%. The Company anticipates closing on these properties throughout 2026 and 2027; however, the Company cannot provide assurance as to the timing of when, or whether, these transactions will actually close. During the first quart...
Investor releaseQuarter not tagged2026-05-06Community Healthcare Trust: Q1 Earnings Snapshot
Associated Press
Community Healthcare Trust: Q1 Earnings Snapshot
FRANKLIN, Tenn. (AP) — FRANKLIN, Tenn. (AP) — Community Healthcare Trust Inc. (CHCT) on Tuesday reported a key measure of profitability in its first quarter. The Franklin, Tennessee-based real estate investment trust said it had funds from operations of $15.4 million, or 56 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $2.5 million, or 7 cents per share. The real estate investment trust, based in Franklin, Tennessee, posted revenue of $31.5 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHCT at https://www.zacks.com/ap/CHCT
Investor releaseQuarter not tagged2026-05-06Community Healthcare Trust Incorporated Q1 2026 Earnings Call Summary
Moby
Community Healthcare Trust Incorporated Q1 2026 Earnings Call Summary
Management is navigating a transition for a behavioral hospital tenant across six properties, with a new experienced operator currently in the drafting phase of definitive purchase documents and new leases. The company is intentionally pivoting toward a capital recycling strategy, selling assets in less attractive markets to fund new acquisitions without relying on the ATM program. Occupancy experienced a slight dip from 90.6% to 89.8% due to lease terminations, though management expects growth next quarter driven by active renewal and new leasing efforts. Operational performance was bolstered by the completion of an inpatient rehabilitation facility acquisition for $28.5 million at a 9.3% cash return. Management is focusing on property operating cost containment while advancing three significant redevelopment projects to drive future Net Operating Income. The company maintained its streak of quarterly dividend increases since its IPO, raising the dividend to $0.48 per share despite the current selective acquisition environment. Management anticipates posting AFFO growth in the second half of 2026 as redevelopment projects and new leases commence contributing to revenue. The pipeline includes $99 million in signed purchase agreements for four properties expected to close across 2026 and 2027 with yields ranging from 9.1% to 9.75%. Interest expense is projected to rise in the second quarter due to the expiration of $75 million in interest rate hedges and a full quarter of higher revolver balances. Future acquisitions will be funded primarily through selected asset sales and existing revolver availability to maintain modest leverage levels. A major behavioral healthcare facility that received its certificate of occupancy in March is expected to commence its lease and contribute to NOI later in 2026. The company recorded a small loss on the sale of a building in Fort Myers, Florida, as part of its strategic portfolio pruning. Seasonally higher property operating expenses were driven by snow removal and utility costs during the winter months. Management flagged uncertainty regarding the exact timing of the behavioral hospital operator transition, citing the complexity of healthcare licensure and legal due diligence. G&A expenses saw a typical first-quarter spike due to the timing of annual employee salary increases and employer tax payments. Our analysts just id...
TranscriptFY2026 Q12026-05-06FY2026 Q1 earnings call transcript
Earnings source - 35 paragraphs
FY2026 Q1 earnings call transcript
Welcome to Community Healthcare Trust 2026 First Quarter Earnings Release Conference Call. On the call today, the company will discuss its 2026 first quarter financial results. It will also discuss progress made in various aspects of its business. Following the remarks, the phone lines will be opened for a question and answer session. The company's earnings release was distributed last evening and has also been posted on its website, www.chct.reit. The company wants to emphasize that some of the information that may be discussed on this call will be based on information as of today, May 6, 2026, and may contain forward-looking statements that involve risks and uncertainty. Actual results may differ materially from those set forth in such statements.
For a discussion of these risks and uncertainties, you should review the company's disclosures regarding forward-looking statements in its earnings release, as well as its risk factors and MD&A in its SEC filings. The company undertakes no obligation to update forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law. During this call, the company will discuss GAAP and non-GAAP financial measures. A reconciliation between the two is available in its earnings release, which is posted on its website. Call participants are advised that this conference call is being recorded for playback purposes. An archive of the call will be made available on the company's investor relations website for approximately 30 days and is the property of the company. This call may not be recorded or otherwise reproduced or distributed without the company's prior written permission.
I would like to turn the call over to Dupuy, CEO of Community Healthcare Trust.
Great. Thank you very much. Good morning, everyone, thank you for joining us today for the 2026 first quarter conference call. On the call with me today is Bill Monroe, our Chief Financial Officer, Leigh Ann Stach, our Chief Accounting Officer, and Mark Kearns, our Senior Vice President of Asset Management. Our earnings announcement and supplemental data report were released last night and furnished on Form 8-K, along with our quarterly report on Form 10-Q. In addition, an updated investor presentation was posted to our website last night. During the first quarter, the geriatric behavioral hospital operator, a tenant in six of the company's properties, paid rent of approximately $300,000, an increase of $100,000 over last quarter.
On July 17, 2025, this tenant signed a letter of intent for the sale of the operations of all six of its hospitals to an experienced behavioral healthcare operator and is under exclusivity with that buyer. The buyer is finalizing legal and business due diligence and has entered the drafting phase of the definitive purchase documents, including new leases on the six hospitals owned by the company. We continue to maintain frequent, productive communication with the buyer's team to advance the closing process. While the transaction is progressing, we can't provide specific timing or certainty that it will close. However, we remain committed to providing further updates as the process moves forward. We had a busy first quarter from both an operations and a capital recycling perspective and continue to be selective from an acquisition standpoint.
Our occupancy decreased from 90.6% to 89.8% during the quarter due to lease terminations. Our leasing team is very busy with renewals and new leasing activity, and we expect leased occupancy to grow next quarter. Our weighted average lease term increased slightly from seven to 7.1 years, and our Asset Management team continues to do a great job serving our tenants while focusing on property operating costs. We have three properties that are undergoing redevelopment for significant renovations with long-term tenants in place once the redevelopment or renovations are complete. The largest of these projects, a behavioral healthcare facility, received its certificate of occupancy in March. Due to healthcare licensure requirements, we expect this property to commence its lease and contribute NOI during the third quarter of 2026.
During the first quarter, we acquired an inpatient rehabilitation facility after completion of construction for a purchase price of $28.5 million. We entered into a new lease with a lease expiration in 2044, an anticipated annual return of approximately 9.3%. We also have signed definitive purchase and sale agreements for four properties to be acquired after completion and occupancy for an aggregate expected investment of $99 million. The expected return on these investments should range from 9.1%-9.75%. We expect to close on two of these properties in the second half of 2026 and the remaining two in the second half of 2027. In February, we sold one building in Fort Myers, Florida and received net proceeds of approximately $5.2 million, resulting in a small loss on the property sale.
We also received net proceeds of approximately $700,000 from the disposition of a property at the end of 2025. We did not issue any shares under our ATM last quarter. We continue to evaluate capital recycling opportunities, and we would anticipate having sufficient capital from selected asset sales coupled with our revolver availability to fund near-term acquisitions. Going forward, we will evaluate the best uses of our capital, all while maintaining modest leverage levels. To wrap up, we declared our first quarter dividend and raised it to $0.48 per common share. This equates to an annualized dividend of $1.92 per share, and we are proud to have raised our dividend every quarter since our IPO. That takes care of the items I wanted to cover, so I'll hand things off to Bill to discuss the numbers.
Thank you, Dave.
I will now provide more details on our first quarter financial performance. I'm pleased to report total revenue grew from $30.1 million in the first quarter of 2025 to $31.5 million in the first quarter of 2026, representing 4.8% annual growth over the same period last year. On a quarter-over-quarter basis, total revenue grew 1.9%, primarily from higher rental income from our recent acquisitions and higher property operating expense recoveries, partially offset by recent capital recycling dispositions and net leasing activity. Moving to expenses, property operating expenses increased by approximately $360,000 quarter-over-quarter to $6.4 million for the first quarter of 2026.
This increase was a result of seasonally higher snowplow and utility expense at several properties that we typically see in January and February in particular. Total general and administrative expense was $5.1 million in the first quarter of 2026, which was approximately $330,000 higher quarter-over-quarter, primarily as a result of higher non-cash amortization of deferred compensation and our typical first quarter adjustments due to the timing of annual employee salary increases, employer HSA and 401(k) contributions, and employer tax payments. On a year-over-year basis, G&A did not increase from the same $5.1 million in the first quarter of 2025.
Interest expense decreased by $160,000 quarter-over-quarter to $6.8 million in the first quarter of 2026 due to two less days in the first quarter and slightly lower floating rates on our revolving credit facility. I'll note that we expect our second quarter interest expense to be higher, however, based on an additional day in the second quarter, a full quarter of our current revolver balance, which includes net borrowings from our inpatient rehabilitation facility acquisition in February, and the expiration in late March of $75 million of interest rate hedges. Moving to funds from operations, FFO in the first quarter of 2026 was $13.4 million, a 5.8% increase year-over-year compared to the $12.7 million of FFO in the first quarter of 2025.
On a diluted common share basis, FFO increased $0.02 year-over-year from $0.47 in the first quarter of 2025 to $0.49 in the first quarter of 2026 and remained the same quarter-over-quarter from the $0.49 of FFO in the fourth quarter of 2025. Adjusted funds from operation or AFFO, which adjusts for straight-line rents and stock-based compensation, totaled $15.4 million in the first quarter of 2026, a 4.1% increase year-over-year compared to the $14.7 million of AFFO in the first quarter of 2025.
AFFO on a diluted common share basis was $0.56 in the first quarter of 2026, which was $0.01 higher both year-over-year and quarter-over-quarter from the $0.55 of AFFO in the first quarter of 2025 and the fourth quarter of 2025, respectively. That concludes our prepared remarks. Darwin, we are now ready to begin the question and answer session.
Our first question comes from Alexander Goldfarb with Piper Sandler. Please go ahead.
Oh, thank you, and good morning down there. Dave, you made some promising comments about the Assurance hospital transfer. Sounds like things are progressing, sort of getting in late stages. Can you just give a little bit more color? Do you feel like we're getting close to the end, or is this sort of like typical sort of government work where, you know, you have to enjoy the process and at this point, you know, based on the shot clock, you're like, okay, we should be at the point of the shot clock where, you know, this should be coming to a conclusion?
Hey, Alex. Thanks for the question. We are feeling like we have definitely made some progress over the last quarter. Some of the roadblocks that we've seen, as you've alluded to, have been related to, you know, some getting some confirmation on some outstanding liabilities from a couple of the various governing bodies that pay. In particular, as it relates to Ohio Medicaid firming up the amount that is owed. We do feel like we're making good progress. The company is highly engaged. The buyer is highly engaged in the process. We do feel like we're hopefully gonna get final confirmation on timing and everything very shortly.
We do Like I said in the prepared remarks, we are currently trading, you know, documents and purchase agreements, and we would anticipate getting this thing in a good place, hopefully in the next quarter.
Okay. That's certainly good to hear. Second question is, you know, obviously senior housing is all the rage these days, and MOB, and I think your traditional property types may not be as in vogue, at least, you know, when you look at the public stock prices. When you guys look in the market for acquisitions, is that the same that you see on the private market, or Basically, what I'm asking is, your acquisition pipeline is coming down. I realize that you're managing that relative to your cost capital, I'm also trying to understand what's going on in valuation land.
If there's sort of all the healthcare private capital is heading only to senior housing and your traditional target class remains still very attractive, and therefore your decision to pull the pipeline down is more based on just your cost of capital versus, you know, everything is once again getting bid up, and therefore there's less product that's of interest to you.
No, it really has to do with the latter, Alex. I mean, we see a number of acquisitions. We continue to have investment committee meetings every couple of weeks where we go through opportunities. Yeah, if we were in a different position and weren't doing capital recycling and having to sequence those asset sales in order to acquire new assets, 'cause we don't wanna raise capital through our ATM, we would definitely see the types of properties and the types of opportunities that we like to invest in. So, you know, what we are doing in terms of focusing on capital recycling is we're using this as an opportunity to do two things. Obviously, we're using this as an opportunity to trim some of the properties that are in less attractive markets.
you know, a lot of these facilities that we sold, we sold five properties in 2025. We sold another one in 2026. We're using this as an opportunity to really prune the portfolio and improve the portfolio. It's not the most fun in terms of selling a property in order to buy properties, but that's what we're gonna focus our time and efforts on.
What we expect is in the second half of the year, as some of these redevelopment projects and other things that we've been working on to come online, we would expect, you know, to start posting AFFO growth, and we hope that that's recognized as a positive in the marketplace and puts us in a position to start doing what we have been doing historically as a company, which is not just growing the portfolio performance through leasing, but also growing the portfolio through acquisitions.
Great. Thank you, Dave.
Thanks, Alex.
Our next question comes from Jim Kammert with Evercore. Please go ahead.
All right. Good morning. Thank you. guys, notice if I'm pronouncing that properly, acquisition, that was quoted as about a 9.3% yield, I believe. Is that a GAAP or a cash yield? If GAAP, I'm just trying to understand perhaps what are the representatives in annual escalators on that long lease.
That is a cash yield, that 9.3% cap rate. What, what are the bumps on that? Jim, you weren't coming through very clear. Are you asking what are the escalators on that property?
Yeah. I'm sorry, Dave. Yes, yes. Thank you. Because you clarified it's cash yield going in. Thank you. Yes, what are the representative escalators, and are they then representative of, say, the other four assets in the pipeline?
Yes. They're 2% escalators and it would be consistent with the other, what we would anticipate with the other ones that are in the pipeline.
Great. That's all I had. Thank you.
Great.
Thank you. Again, if you have a question, please press star then one. We have no further questions at this time. I would now like to turn the conference back over to management for closing comments. Over to you.
Great. Thanks, Darwin. Thank you, everybody, for dialing in. We hope to see many of you at NAREIT coming up in June. Thank you.
The conference has now concluded. Thank You for attending today's presentation. You may now disconnect.
Investor releaseQuarter not tagged2026-05-01Community Healthcare Trust Incorporated Announces Increased First Quarter Dividend
PR Newswire
Community Healthcare Trust Incorporated Announces Increased First Quarter Dividend
FRANKLIN, Tenn., April 30, 2026 /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 March 31, 2026. This dividend, in the amount of $0.48 per share, is payable on May 22, 2026 to shareholders of record on May 11, 2026. This dividend rate equates to an annualized dividend of $1.92 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 press release 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", "will," "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...
Investor releaseQuarter not tagged2026-04-14Community Healthcare Trust Announces First Quarter Earnings Release Date And Conference Call
PR Newswire
Community Healthcare Trust Announces First Quarter Earnings Release Date And Conference Call
FRANKLIN, Tenn., April 13, 2026 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, May 5, 2026, after the market closes, it will report results for the first quarter of 2026. On May 6, 2026, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address. Conference Call Details Domestic Dial-In Number: 1-888-347-1332 International Dial-In Number: 1-412-902-4278 Canada Toll Free: 1-855-669-9657 Replay Conference Call Details Domestic & Canada Replay Number: 1-855-669-9658 International Replay Number: 1-412-317-0088 Conference ID: 6902171 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. As of December 31, 2025, the Company had investments of approximately $1.2 billion in 198 real estate properties (including one property with sales-type leases and one property classified as held for sale). The properties are located in 36 states, totaling approximately 4.5 million square feet in the aggregate. Cautionary Note Regarding Forward-Looking Statements In addition to the historical information contained within, the matters discussed in this press release 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", "will," "should", "seeks", "approximately", "intends", "plans", "estimates", "anticipates" or other similar words or expressions, including the negative thereof. Forward-looking statements are based on certain...
Investor releaseQuarter not tagged2026-02-19Community Healthcare Trust Inc (CHCT) Q4 2025 Earnings Call Highlights: Revenue Growth and ...
GuruFocus.com
Community Healthcare Trust Inc (CHCT) Q4 2025 Earnings Call Highlights: Revenue Growth and ...
This article first appeared on GuruFocus. Total Revenue: $30.9 million in Q4 2025, a 5.6% increase year-over-year from $29.3 million in Q4 2024. Property Operating Expense: $6 million in Q4 2025, increased by less than $100,000 quarter-over-quarter. General and Administrative Expense: $4.8 million in Q4 2025, nearly flat quarter-over-quarter and year-over-year. Interest Expense: $7 million in Q4 2025, decreased by approximately $100,000 quarter-over-quarter. Funds From Operations (FFO): $13.3 million in Q4 2025, a 4.6% increase year-over-year. FFO per Diluted Share: $0.49 in Q4 2025, up from $0.48 in Q4 2024. Adjusted Funds From Operations (AFFO): $14.9 million in Q4 2025, a 2.1% increase year-over-year. AFFO per Diluted Share: $0.55 in Q4 2025, consistent with Q4 2024. Net Gains on Sale: $12.1 million from capital recycling and asset disposition activity in Q4 2025. Occupancy Rate: Increased from 90.1% to 90.6% during the quarter. Weighted Average Lease Term: Increased from 6.7 to 7 years. Dividend: Raised to $0.4775 per common share, annualized to $1.91 per share. Warning! GuruFocus has detected 13 Warning Signs with CHCT. Is CHCT fairly valued? Test your thesis with our free DCF calculator. Release Date: February 18, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Community Healthcare Trust Inc (NYSE:CHCT) reported a 5.6% annual revenue growth from $29.3 million in Q4 2024 to $30.9 million in Q4 2025. The company successfully increased its occupancy rate from 90.1% to 90.6% during the quarter. CHCT completed a profitable capital recycling transaction, selling an inpatient rehab facility at a 7.9% cap rate and reinvesting in a new facility with an anticipated annual return of approximately 9.3%. The company declared and raised its quarterly dividend to $0.4775 per share, marking consistent dividend growth since its IPO. CHCT has a robust pipeline with signed agreements for five properties, expected to yield returns between 9.1% and 9.75%. The transaction involving the sale of operations for six geriatric hospitals is progressing slower than expected, with no specific timing or certainty of closure. Total revenue for Q4 2025 showed a slight decrease of $140,000 quarter-over-quarter, impacted by capital recycling and asset disposition activities. Funds from operations (FFO) per share decreased by $0.0...
Investor releaseQuarter not tagged2026-02-19Community Healthcare Trust Q4 Earnings Call Highlights
MarketBeat
Community Healthcare Trust Q4 Earnings Call Highlights
Geriatric behavioral hospital tenant: The operator paid $200,000 in Q4 and has a letter of intent (signed July 17, 2025) to sell all six hospitals to a buyer now completing legal and government-related due diligence, but timing and certainty of closing remain unclear with the company expecting a single closing for all six assets. Portfolio and leasing: Occupancy rose to 90.6% and weighted average lease term increased to 7 years; three properties are under redevelopment (largest completing in Q2 2026 with rent starting Q3) and management expects occupancy to stay in the “low nineties” near-term as re-leasing from year-end terminations unfolds. Capital recycling and results: Management sold an inpatient rehab at an ~7.9% cap rate realizing an ~$11.5M gain and reinvested via a 1031 exchange into a $28.5M facility with ~9.3% expected return; Q4 FFO was $13.3M ($0.49 per share), AFFO $14.9M, and the quarterly dividend was raised to $0.4775 (annualized $1.91). Interested in Community Healthcare Trust Incorporated? Here are five stocks we like better. Community Healthcare Trust (NYSE:CHCT) executives used the company’s fourth-quarter conference call to discuss portfolio leasing trends, capital recycling activity, and the status of a key tenant situation involving a geriatric behavioral hospital operator. Management also reviewed quarterly financial results, including revenue growth and funds from operations metrics. CEO Dave Dupuy said a geriatric behavioral hospital operator that leases six properties from the company paid rent of $200,000 during the fourth quarter, consistent with the prior quarter. The tenant signed a letter of intent on July 17, 2025 to sell the operations of all six hospitals to an “experienced behavioral healthcare operator” and remains under exclusivity with that buyer. → Whale Watching: BlackRock’s Massive Bet on Nebius Group Dupuy said Community Healthcare Trust has maintained frequent communication with the buyer as it works to advance the transaction. The buyer is finalizing legal and business due diligence, and the company did not provide specific timing or certainty that the sale will close. In response to a question from Piper Sandler’s Connor Mitchell, Dupuy said progress in the fourth quarter was “not as much” as hoped, citing the buyer’s need to confirm liabilities and work through government-related issues. He added that activity...
Investor releaseQuarter not tagged2026-02-18Community Healthcare Trust Incorporated Q4 2025 Earnings Call Summary
Moby
Community Healthcare Trust Incorporated Q4 2025 Earnings Call Summary
Management attributed the slight quarter-over-quarter revenue decrease to the timing of capital recycling and asset disposition activity rather than underlying portfolio weakness. Occupancy improved from 90.1% to 90.6% during the quarter, driven by active leasing and renewals that also extended the weighted average lease term to 7 years. The company successfully executed a 1031 like-kind exchange, selling an inpatient rehab facility at a 7.9% cap rate and reinvesting in a new facility at a 9.3% return to reduce tenant concentration. Interest expense decreased slightly due to FOMC interest rate cuts impacting floating rates on the revolving credit facility. Management continues to manage a tenant transition for 6 geriatric behavioral hospitals, noting that while the buyer is in due diligence, the process involves complex government-related liability verifications. Strategic selectivity in acquisitions is being maintained to avoid issuing equity at current price levels, focusing instead on supporting existing client relationships. Management expects embedded growth in 2026 from two major redevelopment projects, with the largest slated for rent commencement in the third quarter of 2026. The company anticipates funding near-term acquisitions through selected asset sales and existing revolver capacity to maintain modest leverage without ATM share issuance. Leased occupancy is projected to remain in the low 90s for the next two quarters before gaining momentum in the second half of 2026. Future acquisition volume is expected to remain focused on programmatic client business until the share price allows for accretive capital raises to resume brokered deal activity. The company has $122.5 million in definitive purchase agreements for 5 properties to be acquired upon completion through 2027 at returns between 9.1% and 9.75%. The geriatric behavioral tenant paid only $200,000 in rent during the quarter, consistent with the previous period, as the sale of operations remains pending. A gain on sale of approximately $11.5 million was realized from the disposition of an inpatient rehab facility during the fourth quarter. The programmatic dialysis term sheet pipeline has been moved to the 'back burner' as the partner's growth has shifted toward operations rather than real estate. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you...
Investor releaseQuarter not tagged2026-02-18Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2025
PR Newswire
Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2025
FRANKLIN, Tenn., Feb. 17, 2026 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended December 31, 2025. The Company reported net income for the three months ended December 31, 2025 of approximately $14.4 million, or $0.51 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended December 31, 2025 totaled $0.49 and $0.55 per diluted common share, respectively. Items Impacting Our Results include: During the fourth quarter of 2025, the Company acquired an inpatient rehabilitation facility in Florida upon completion of construction for a purchase price of approximately $28.5 million and cash consideration of approximately $28.5 million. The property was 100.0% leased to a tenant with a lease expiration in 2040 and an expected return of approximately 9.3%. The acquisition was funded with net proceeds from the sale of an inpatient rehabilitation facility in Texas through a like-kind exchange under Section 1031 of the United States Internal Revenue Code. During the fourth quarter of 2025, the Company disposed of three buildings, including the inpatient rehabilitation facility in Texas which was used to fund the inpatient rehabilitation acquisition in Florida, received net proceeds in the aggregate of approximately $31.6 million, and recognized a net gain of approximately $12.3 million on the sales. Also, on February 12, 2026, the Company sold the property classified as an asset held for sale at December 31, 2025 and received net proceeds of approximately $5.2 million. During the fourth quarter of 2025, the geriatric behavioral hospital operator, a tenant in six of the Company's properties, paid rent and interest totaling $0.2 million. In July 2025, the tenant signed a Letter of Intent (LOI) for the sale of its business to a behavioral healthcare provider. Among other terms and conditions of the sale, the buyer would sign new leases for the six geriatric hospitals owned by the Company. The buyer is finalizing legal and business due diligence, and while the transaction is progressing, the Company cannot provide assurance regarding the specific timing or the ultimate certainty of the closing. The Company has five properties under definitive purchase agreements, to be acquired after completion and occupancy, for an aggr...

