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Community Healthcare Tr Inc - CHCT STOCK NEWS

Welcome to our dedicated page for Community Healthcare Tr news (Ticker: CHCT), a resource for investors and traders seeking the latest updates and insights on Community Healthcare Tr 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 Tr'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 Tr's position in the market.

Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) announced on February 10, 2023 that Timothy G. Wallace, Chairman, CEO, and President, is taking a medical leave of absence due to complications from a peptic ulcer. David H. Dupuy, Executive Vice President and CFO, has been appointed as Interim CEO during this period. The Board expresses confidence in Dupuy's leadership and wishes Wallace a prompt recovery. CHCT focuses on owning real estate properties primarily for outpatient healthcare services in the U.S., and the Board remains optimistic about the company's direction amidst this leadership change.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
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Rhea-AI Summary

Community Healthcare Trust (NYSE: CHCT) announced an increase in its common stock cash dividend to $0.4475 per share for the quarter ending December 31, 2022, marking an annualized rate of $1.79 per share. This dividend will be payable on March 1, 2023, to shareholders on record as of February 21, 2023. Since its IPO, the company has consistently raised its dividend every quarter, reflecting a strong commitment to returning value to shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
dividends
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Rhea-AI Summary

Community Healthcare Trust Incorporated (NYSE: CHCT) will announce its fourth-quarter 2022 results on February 14, 2023, after the market closes. A conference call is scheduled for February 15, 2023, at 9:00 a.m. Central Time to discuss the earnings, activities, and operations of the Company. As of September 30, 2022, CHCT held about $890 million in real estate investments across 161 properties in 34 states, covering approximately 3.5 million square feet.

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Rhea-AI Sentiment
End-of-Day
0.49%
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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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none
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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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none
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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

FAQ

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

The current stock price of Community Healthcare Tr (CHCT) is $18.78 as of February 21, 2025.

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

The market cap of Community Healthcare Tr (CHCT) is approximately 524.1M.
Community Healthcare Tr Inc

NYSE:CHCT

CHCT Rankings

CHCT Stock Data

524.11M
26.89M
5.11%
88.16%
2.72%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States
FRANKLIN