Financial Performance - Rental income increased by approximately $1.4 million, or 4.9%, for the three months ended March 31, 2025, compared to the same period in 2024[101]. - Funds from Operations (FFO) for the three months ended March 31, 2025, was $12.668 million, compared to $14.043 million for the same period in 2024[113]. - Adjusted Funds from Operations (AFFO) for the three months ended March 31, 2025, was $14.739 million, compared to $15.712 million for the same period in 2024[113]. - Net income for the three months ended March 31, 2025, was $1,591,000, a decrease of 56.5% compared to $3,665,000 in 2024[116]. - EBITDAre for the same period was $18,886,000, slightly down by 0.5% from $18,989,000 in 2024[119]. - Adjusted EBITDAre increased to $21,596,000, up 0.9% from $21,413,000 in 2024[119]. Expenses - Interest expense increased by approximately $1.3 million, or 25.5%, for the three months ended March 31, 2025, due mainly to increases in the weighted average balance and interest rates on the Credit Facility[105]. - General and administrative expenses increased by approximately $0.5 million, or 12.0%, for the three months ended March 31, 2025, primarily due to compensation-related expenses[104]. - Property operating expenses increased by approximately $0.3 million, or 5.2%, for the three months ended March 31, 2025, compared to the same period in 2024[103]. Real Estate Portfolio - As of March 31, 2025, the real estate portfolio was approximately 90.9% leased, with 166,000 square feet of leases expiring or terminated and 168,000 square feet leased or renewed during the first three months of 2025[96]. - The Company has seven properties under definitive purchase agreements with an aggregate expected purchase price of approximately $169.5 million, anticipated to close throughout 2025, 2026, and 2027[95]. - The company had an aggregate gross investment of approximately $31.5 million in 9 real estate properties with purchase options exercisable at March 31, 2025, that had not been exercised[98]. - The company has seven properties under definitive purchase agreements with an expected total purchase price of approximately $169.5 million[128]. Cash Flow - Cash flows provided by operating activities increased to approximately $14.4 million for the three months ended March 31, 2025, compared to $12.6 million in 2024[135]. - Cash flows used in investing activities decreased significantly to approximately $12.6 million in 2025 from $38.5 million in 2024[137]. Debt and Capitalization - The debt to total capitalization ratio was approximately 41.0% as of March 31, 2025, exceeding the company's policy limit of 40%[121]. - As of March 31, 2025, the company had $222.0 million outstanding on its Revolving Credit Facility, with a remaining borrowing capacity of approximately $178.0 million[124]. - The company expects to fund acquisitions and capital improvements through cash from operations, equity or debt issuances, and asset sales[128]. Dividends - The company declared a quarterly common stock dividend of $0.47 per share, equating to an annualized dividend of $1.88 per share[142]. Non-GAAP Measures - Non-GAAP financial measures such as FFO and AFFO are considered useful by management to evaluate the Company's operating performance, excluding certain non-cash items[106].

Company Overview - Community Healthcare Trust Incorporated is a real estate investment trust (REIT) focused on owning income-producing real estate properties primarily associated with outpatient healthcare services across the United States [3] - As of March 31, 2025, the Company had investments totaling approximately $1.2 billion in 201 real estate properties, covering about 4.5 million square feet across 36 states [3] Financial Performance - For the three months ended March 31, 2025, the Company reported a net income of approximately $1.6 million, or $0.03 per diluted common share [1] - Funds from operations (FFO) and adjusted funds from operations (AFFO) for the same period were $0.47 and $0.55 per diluted common share, respectively [1][12] Revenue and Expenses - Rental income for the first quarter of 2025 was $29.73 million, an increase from $28.34 million in the same period of 2024 [10] - Total expenses for the first quarter of 2025 were $22.14 million, compared to $20.61 million in the first quarter of 2024 [11] Property Transactions - During the first quarter of 2025, the Company acquired a property for approximately $9.7 million, funded through its Revolving Credit Facility [6] - The Company disposed of a building in Ohio, receiving net proceeds of approximately $0.6 million [6] - There are seven properties under definitive purchase agreements, with an expected aggregate purchase price of approximately $169.5 million, anticipated to close throughout 2025, 2026, and 2027 [6] Dividends - The Company's Board of Directors declared a quarterly common stock dividend of $0.47 per share, payable on May 23, 2025, to stockholders of record on May 9, 2025 [6]

Group 1 - The article discusses the author's long-term investment strategy, focusing on REITs, preferred stocks, and high-yield bonds, which began in high school in 2011 [1] - The author combines long stock positions with covered calls and cash secured puts, indicating a sophisticated approach to managing investments [1] - The primary focus of the author's coverage on Seeking Alpha includes REITs and financials, with occasional insights on ETFs and macro-driven stock ideas [1] Group 2 - The author has a beneficial long position in the shares of CHCT, indicating a personal investment interest in this company [2] - The article expresses the author's own opinions and does not involve compensation from any company mentioned, ensuring an independent perspective [2]

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $29.3 million, slightly down from $29.6 million in Q3 2024 [17] - Property operating expenses decreased by approximately $500,000 quarter over quarter to $5.5 million [17] - Funds from operations (FFO) was $12.7 million in Q4 2024, a decline of 14.5% year over year from $14.9 million in Q4 2023 [18] - Adjusted funds from operations (AFFO) totaled $14.6 million in Q4 2024, unchanged from Q3 2024, but down 9% year over year from $16.1 million in Q4 2023 [20] Business Line Data and Key Metrics Changes - The company acquired three physician clinics totaling 38,000 square feet for $8.2 million, with leases running through 2029 and anticipated annual returns of approximately 9.4% [8] - For the year, nine properties were acquired totaling 261,000 square feet for $72.1 million, approximately 99.3% leased with leases running through 2039 [9] Market Data and Key Metrics Changes - Occupancy at year-end decreased slightly to 90.9%, with a weighted average remaining lease term declining to 6.7 years [7] Company Strategy and Development Direction - The company is focused on selective acquisitions and has signed definitive purchase agreements for six properties to be acquired after completion, with an expected investment of $146 million [10] - The company increased its revolving credit facility from $150 million to $400 million, extending the maturity date by five years [12] - The company is evaluating capital recycling opportunities and anticipates sufficient capital from selected asset sales to fund near-term acquisitions [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in resolving issues with a tenant in six properties, which could lead to significant additional AFFO [50] - The company aims to maintain occupancy in the 91% to 93% range long-term, with no significant changes expected in the near term [55] Other Important Information - The company declared a fourth-quarter dividend of $0.4675 per common share, raising it to an annualized rate of $1.87 per share [14] Q&A Session Summary Question: Timeline for geriatric psychiatric hospital operator - Management indicated that they received a small payment and expect the tenant to make payments of $100,000 to $200,000 per quarter, with a clearer timeline expected in the coming quarters [26][28] Question: Funding acquisitions and capital allocation - Management stated that all options are on the table for funding acquisitions, including using the revolving credit facility and capital recycling to maintain leverage at acceptable levels [34] Question: Expected closings in Q1 2025 - Management confirmed two properties expected to close in Q1 2025: a behavioral residential treatment facility for $9.5 million and an inpatient rehab facility for $23.5 million [42][43] Question: Dividend coverage and cash flow - Management expressed confidence in dividend coverage, noting that the coverage has been compressed due to the tenant issue but expects resolution to improve AFFO [50][51] Question: Occupancy expectations for 2025 - Management does not expect significant changes in occupancy, aiming to maintain levels between 91% and 93% [55]

Community Healthcare Trust (CHCT) came out with quarterly funds from operations (FFO) of $0.55 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to FFO of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.85%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.52 per share when it actually produced FFO of $0.55, delivering a surprise of 5.77%.Over the las ...

Financial Performance - Total revenues for Q4 2024 were $29,298,000, a slight decrease of 1.15% compared to Q3 2024[10] - Net income for Q4 2024 was $1,832,000, showing an increase from $1,749,000 in Q3 2024[10] - Rental income for Q4 2024 was $28,983,000, a slight decrease of 1.2% from $29,335,000 in Q3 2024[16] - Net income for Q4 2024 was $1,832,000, compared to a net loss of $10,427,000 in Q2 2024[17] - Funds from Operations (FFO) for Q4 2024 was $12,745,000, showing a decrease from $14,914,000 in Q4 2023[17] - Adjusted Funds from Operations (AFFO) for Q4 2024 was $14,630,000, down from $16,071,000 in Q4 2023[19] - Net Operating Income (NOI) for Q4 2024 was $23,813,000, an increase from $23,526,000 in Q4 2023[23] - General and administrative expenses for Q4 2024 were $4,809,000, compared to $3,728,000 in Q4 2023, reflecting a 29% increase[16] - Interest expense for Q4 2024 was $6,405,000, up from $5,019,000 in Q4 2023[23] Debt and Leverage - Net debt as of Q4 2024 was $485,955,000, representing a 2.6% increase from $473,716,000 in Q3 2024[13] - The company reported a total debt of $487 million as of December 31, 2024, with a net debt of $485.955 million after accounting for deferred financing costs[29] - The leverage ratio stood at 41.3%, well below the required maximum of 60.0%[31] - The fixed charge coverage ratio was reported at 3.3, significantly above the required minimum of 1.50x[31] Assets and Market Capitalization - Total assets increased to $992,563,000 in Q4 2024 from $981,779,000 in Q3 2024[15] - The enterprise value as of Q4 2024 was $1,024,107,000, up from $983,479,000 in Q3 2024[13] - The total market capitalization was $542,536,000, reflecting an increase from $512,599,000 in Q3 2024[13] Dividends - The quarterly dividend paid per share was $0.4650, resulting in a dividend yield of 9.68%[5] - The company declared a dividend of $0.4650 per common share in Q4 2024, up from $0.4550 in Q4 2023[16] Property and Portfolio - The company reported a total of 200 properties, with a leasing rate of 90.9%[5] - The portfolio was approximately 90.9% leased as of December 31, 2024, with lease expirations extending from 2025 to 2044[38] - The company acquired properties totaling $59.4 million in 2024, with an average lease percentage of 99.3% across the new acquisitions[32] - The company has a diversified tenant base, with the largest tenant, LifePoint Health, contributing 8.7% to annualized rent[35] - The company is focusing on acquiring properties in high-growth areas, as evidenced by its investments in the Tampa-St. Petersburg and San Antonio markets[42] Annualized Rent Contributions - The company reported a total annualized rent of $2,226.2 million from the Chicago Behavioral Hospital, representing 1.89% of the total portfolio[41] - The Joliet Medical Building generated an annualized rent of $1,474.9 million, accounting for 1.00% of the total portfolio[41] - The Texas Rehabilitation Hospital of Fort Worth has an annualized rent of $2,028.0 million, representing 0.89% of the total portfolio[41] - The Bayside Medical Center in Houston has an annualized rent of $1,108.6 million, accounting for 1.13% of the total portfolio[42] - The company reported an annualized rent of $2,731.2 thousand for Worcester Behavioral, representing 2.54% of total annualized rent[44] Operating Performance Metrics - The company emphasizes the importance of Adjusted Funds from Operations (AFFO) for evaluating operating performance, which excludes certain expenses[54] - The company uses Net Operating Income (NOI) as a measure of operating performance, which excludes general and administrative expenses[62] - The company defines Funds from Operations (FFO) as net income excluding certain gains or losses, providing a clearer picture of operating performance[56] - The company highlights the significance of EBITDAre and Adjusted EBITDAre in assessing core operating results and debt servicing ability[53] Future Outlook - The company anticipates continued market expansion and potential acquisitions to enhance portfolio performance[68] - The company utilizes forward-looking statements to project future performance based on current expectations and market conditions[69]

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-37401 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 Community Healthcare Trust Incorporated (Exact Name of Registrant as Specified in Its Charter) | | | (State or Other Jurisdict ...

FRANKLIN, Tenn., Feb. 18, 2025 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended December 31, 2024. The Company reported net income for the three months ended December 31, 2024 of approximately $1.8 million, or $0.04 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended December 31, 2024 totaled $0.48 and $0.55, respectively, per diluted common share. ...

Core Viewpoint - Community Healthcare Trust (CHCT) is currently viewed as a more attractive investment option compared to EastGroup Properties (EGP) due to its stronger earnings outlook and more favorable valuation metrics [1][3][6] Valuation Metrics - CHCT has a forward P/E ratio of 9.04, significantly lower than EGP's forward P/E of 19.24, indicating that CHCT may be undervalued [5] - The PEG ratio for CHCT is 1.13, while EGP's PEG ratio stands at 3.20, suggesting that CHCT offers better value relative to its expected earnings growth [5] - CHCT's P/B ratio is 1.19 compared to EGP's P/B of 3.01, further highlighting CHCT's superior valuation [6] Investment Ratings - CHCT holds a Zacks Rank of 2 (Buy), while EGP has a Zacks Rank of 3 (Hold), indicating a stronger investment sentiment towards CHCT [3]

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Community Healthcare Trust (CHCT) and Sabra Healthcare (SBRA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style ...