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Community Healthcare Trust (CHCT)
NYSE:CHCT
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -5.15%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call reveals a mix of achievements and challenges. The company has made significant acquisitions and increased its credit capacity while maintaining a consistent dividend increase. However, financial performance has been impacted by a key tenant's inability to pay rent, leading to a decline in FFO and AFFO. The sentiment is balanced with both positive developments and notable challenges.Company Guidance
During the 2024 fourth quarter earnings call for Community Healthcare Trust Incorporated, key metrics and guidance were provided by the company's leadership. The company reported a slight decrease in occupancy to 90.9% and a decline in the weighted average remaining lease term to 6.7 years. They acquired three physician clinics totaling 38,000 square feet for $8.2 million, with expected annual returns of 9.4%. For the year, they acquired nine properties with an aggregate purchase price of $72.1 million, expected to yield returns between 9.1% and 9.75%. The company plans to close two properties for $33 million in the first quarter of 2025. Additionally, they have agreements for six properties with an expected investment of $146 million, with returns projected between 9.1% and 9.75%, anticipated to close through 2027. The company increased its revolving credit facility from $150 million to $400 million and extended its maturity to 2028. The dividend was raised to $0.4675 per share, equating to an annualized $1.87 per share. The company's financial performance showed a slight decrease in total revenue from $29.6 million in Q3 to $29.3 million in Q4, with FFO at $12.7 million and AFFO at $14.6 million, marking a year-over-year decline due to issues with a geriatric psychiatric hospital operator.Acquisition Success
Acquired three physician clinics in two transactions totaling 38,000 square feet for $8.2 million during Q4 2024. The properties are 100% leased with leases through 2029 and expected annual returns of 9.4%.
Increased Credit Facility
Increased revolving credit facility from $150 million to $400 million, extended maturity date by five years, and achieved lower pricing.
Dividend Increase
Declared a dividend for Q4 2024 and raised it to $0.4675 per common share, equating to an annualized dividend of $1.87 per share. The company has raised its dividend every quarter since its IPO.
Occupancy and Lease Term
At year-end, occupancy slightly decreased to 90.9% with a weighted average remaining lease term of 6.7 years.
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CHCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CHCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $19.80 | $18.55 | -6.31% |
| Oct 29, 2024 | $17.31 | $18.48 | +6.76% |
| Jul 30, 2024 | $26.18 | $20.71 | -20.89% |
| Apr 30, 2024 | $24.77 | $23.42 | -5.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Community Healthcare Trust (CHCT) report earnings?
Community Healthcare Trust (CHCT) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Community Healthcare Trust (CHCT) earnings time?
Community Healthcare Trust (CHCT) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CHCT EPS forecast?
CHCT EPS forecast for the fiscal quarter 2025 (Q1) is 0.08.
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