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Community Healthcare Trust Incorporated - CHCT STOCK NEWS

Welcome to our dedicated page for Community Healthcare Trust Incorporated news (Ticker: CHCT), a resource for investors and traders seeking the latest updates and insights on Community Healthcare Trust Incorporated stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Community Healthcare Trust Incorporated's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Community Healthcare Trust Incorporated's position in the market.

Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) reported a net income of approximately $5.7 million or $0.21 per diluted share for the three months ended September 30, 2022. Funds from operations (FFO) and adjusted funds from operations (AFFO) were $0.57 and $0.63 per diluted share, respectively. The Company acquired a 96,886 square foot behavioral facility for $13.2 million and a 17,318 square foot clinic for $4.3 million, both fully leased. Additionally, it has 20 properties under purchase agreements valued at $71.6 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) announced an increase in its quarterly cash dividend to $0.445 per share for the quarter ended September 30, 2022. The dividend, representing an annualized rate of $1.78, will be payable on November 25, 2022, to shareholders of record on November 10, 2022. This marks the continuation of its dividend increase streak since its Initial Public Offering. The Company specializes in owning income-producing real estate primarily tied to outpatient healthcare services across the United States.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
dividends
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) will announce its third-quarter 2022 results on November 1, 2022, after market hours. A conference call is scheduled for November 2, 2022, at 9:00 a.m. Central Time, to discuss results and industry trends. The company invests approximately $869.5 million in 159 properties across 34 states, totaling around 3.4 million square feet as of June 30, 2022. The company cautions that forward-looking statements may involve risks and uncertainties impacting actual results.

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Rhea-AI Sentiment
End-of-Day
1.64%
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) announced its financial results for Q2 2022, reporting a net income of approximately $5.6 million or $0.21 per diluted share. Funds from operations (FFO) reached $0.57 and adjusted funds from operations (AFFO) totaled $0.62 per diluted share. The Company acquired a 37,720 square foot inpatient rehabilitation facility for $23.5 million, fully leased until 2037. Additionally, CHCT has three properties under purchase agreements totaling $23.4 million and another five properties expected at $117.5 million, with anticipated returns of 9.0% to 10.25%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) has announced a quarterly cash dividend increase to $0.4425 per share for the quarter ending June 30, 2022. This dividend will be paid on August 26, 2022, to shareholders of record as of August 12, 2022. The new rate translates to an annualized dividend of $1.77 per share. Notably, the company has consistently increased its dividend every quarter since its IPO, reflecting its robust commitment to shareholder returns.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
dividends
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Rhea-AI Summary

Community Healthcare Trust announced it will report its Q2 2022 earnings on August 2, 2022, after market close. A conference call to discuss the results will occur on August 3, 2022, at 9:00 a.m. Central Time. As of March 31, 2022, the company holds approximately $843.8 million in investments across 158 properties in 34 states, totaling about 3.4 million square feet. Forward-looking statements caution about risks including capital market volatility and changes in the healthcare sector.

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Rhea-AI Summary

Community Healthcare Trust reported a net income of approximately $5.5 million or $0.21 per diluted share for Q1 2022. Funds from operations (FFO) and adjusted funds from operations (AFFO) were $0.56 and $0.61, respectively. The Company acquired two properties totaling 30,315 square feet for $5.8 million, both fully leased until 2028. Additional acquisitions worth $141 million are planned with expected returns of 9.75% to 10.25%. A quarterly dividend of $0.44 per share was declared, payable on May 27, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
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none
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) has announced an increase in its quarterly cash dividend to $0.44 per share for the quarter ending March 31, 2022, marking a total of $1.76 annualized. The dividend is payable on May 27, 2022, to shareholders of record by May 13, 2022. This marks the company's continuous increase of dividends since its IPO, reflecting a strong commitment to returning value to shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
Tags
dividends
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Rhea-AI Summary

Community Healthcare Trust (NYSE: CHCT) will report its Q1 2022 earnings on May 3, 2022, after market close. A conference call is scheduled for May 4, 2022, at 9:00 a.m. Central Time, to discuss the earnings results and company operations. As of December 31, 2021, the company's investments totaled approximately $837.1 million in 153 properties across 33 states, covering around 3.4 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) reported a net income of $6.1 million, or $0.23 per diluted share, for Q4 2021. Funds from operations (FFO) stood at $0.57, while adjusted funds from operations (AFFO) were $0.61 per diluted share. The company acquired three properties for $9.8 million, 94.1% leased, and has agreements for additional properties totaling approximately $105.7 million, with expected returns between 9.01% and 10.25%. A quarterly dividend of $0.4375 per share was declared, payable on March 1, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
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none

FAQ

What is the current stock price of Community Healthcare Trust Incorporated (CHCT)?

The current stock price of Community Healthcare Trust Incorporated (CHCT) is $18.61 as of November 15, 2024.

What is the market cap of Community Healthcare Trust Incorporated (CHCT)?

The market cap of Community Healthcare Trust Incorporated (CHCT) is approximately 520.0M.

Community Healthcare Trust Incorporated

NYSE:CHCT

CHCT Rankings

CHCT Stock Data

519.95M
27.70M
4.79%
87.14%
2.93%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
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