Community Healthcare ( (CHCT) ) has issued an update.
Community Healthcare Trust Incorporated reported a net income of approximately $1.8 million for the fourth quarter ended December 31, 2024. The company acquired three properties for $8.2 million and disposed of a property in Texas and a land parcel in Georgia for $1.4 million. Looking forward, the company has agreements to purchase additional properties worth approximately $169.5 million. On October 16, 2024, the company amended its credit agreement, increasing its credit facility to $400 million and extending the maturity date to October 16, 2029.
More about Community Healthcare
Community Healthcare Trust Incorporated is a real estate investment trust focusing on owning income-producing real estate properties associated mainly with outpatient healthcare services across the United States. As of December 31, 2024, the company had investments of approximately $1.2 billion in 200 real estate properties located in 36 states, totaling about 4.4 million square feet.
YTD Price Performance: 5.35%
Average Trading Volume: 219,344
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $561.7M
For detailed information about CHCT stock, go to TipRanks’ Stock Analysis page.