Community Healthcare Trust
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Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The last earnings update was 13 days ago. More info.
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CHCT Share Price and Events
7 Day Returns
1 Year Returns
CHCT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Community Healthcare Trust (CHCT) | 1.1% | 4.4% | 7.1% | 42.1% | 103.3% | - |
| US REITs | 1.8% | 2.4% | 3.1% | 16.3% | 13.8% | 26.4% |
| US Market | -0.7% | -2% | 2.4% | 3% | 39.2% | 42% |
1 Year Return vs Industry and Market
- CHCT outperformed the REITs industry which returned 16.3% over the past year.
- CHCT outperformed the Market in United States of America which returned 3% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Community Healthcare Trust
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Community Healthcare Trust.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations | |
| Levered Adjusted Funds From Operations | Average of 5 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| REITs Unlevered Beta | Simply Wall St/ S&P Global | 0.53 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.531 (1 + (1- 21%) (26.67%)) |
0.761 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%) |
7.5% |
Discounted Cash Flow Calculation for NYSE:CHCT using 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations Model
The calculations below outline how an intrinsic value for Community Healthcare Trust is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Community Healthcare Trust is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.
| Adjusted Funds From Operations (AFFO) (USD, Millions) | Source |
Present Value Discounted (@ 7.5%) |
|
|---|---|---|---|
| 2019 | 34.35 | Analyst x5 | 31.95 |
| 2020 | 44.00 | Analyst x6 | 38.08 |
| 2021 | 54.95 | Analyst x3 | 44.24 |
| 2022 | 66.34 | Analyst x2 | 49.68 |
| 2023 | 77.47 | Analyst x2 | 53.97 |
| 2024 | 88.10 | Est @ 13.72% | 57.09 |
| 2025 | 97.28 | Est @ 10.42% | 58.64 |
| 2026 | 105.18 | Est @ 8.12% | 58.98 |
| 2027 | 112.01 | Est @ 6.5% | 58.43 |
| 2028 | 118.02 | Est @ 5.37% | 57.28 |
| Present value of next 10 years cash flows | $508.33 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $118.02 × (1 + 2.73%) ÷ (7.5% – 2.73%) |
$2,542.93 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $2,542.93 ÷ (1 + 7.5%)10 |
$1,234.04 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $508.33 + $1,234.04 |
$1,742.38 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $1,742.38 / 18.07 |
$96.43 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $96.43 |
| Current discount | Discount to share price of
$37.35
= -1 x ($37.35 - $96.43) / $96.43 |
61.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Community Healthcare Trust's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Community Healthcare Trust's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Community Healthcare Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Community Healthcare Trust's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $0.16 |
| NYSE:CHCT Share Price ** | NYSE (2019-05-17) in USD | $37.35 |
| United States of America REITs Industry PE Ratio | Median Figure of 156 Publicly-Listed REITs Companies | 32.79x |
| United States of America Market PE Ratio | Median Figure of 3,088 Publicly-Listed Companies | 17.89x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Community Healthcare Trust.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:CHCT Share Price ÷ EPS (both in USD) = 37.35 ÷ 0.16 |
233.87x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Community Healthcare Trust is overvalued based on earnings compared to the US REITs industry average.
- Community Healthcare Trust is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Community Healthcare Trust's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 233.87x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts |
26.9%per year |
| United States of America REITs Industry PEG Ratio | Median Figure of 141 Publicly-Listed REITs Companies | 2.4x |
| United States of America Market PEG Ratio | Median Figure of 2,117 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 233.87x ÷ 26.9% |
8.7x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Community Healthcare Trust is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Community Healthcare Trust's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $14.93 |
| NYSE:CHCT Share Price * | NYSE (2019-05-17) in USD | $37.35 |
| United States of America REITs Industry PB Ratio | Median Figure of 191 Publicly-Listed REITs Companies | 1.86x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:CHCT Share Price ÷ Book Value per Share (both in USD) = 37.35 ÷ 14.93 |
2.5x |
* Primary Listing of Community Healthcare Trust.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Community Healthcare Trust is overvalued based on assets compared to the US REITs industry average.
Value checks
We assess Community Healthcare Trust's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check) Community Healthcare Trust has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Community Healthcare Trust's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Community Healthcare Trust's earnings growth is expected to exceed the United States of America market average.
- Community Healthcare Trust's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:CHCT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts | 26.9% |
| NYSE:CHCT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts | 21.6% |
| United States of America REITs Industry Earnings Growth Rate | Market Cap Weighted Average | 5.7% |
| United States of America REITs Industry Revenue Growth Rate | Market Cap Weighted Average | 4.3% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.9% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 140 | 23 | 2 | |
| 2022-12-31 | 119 | 20 | 2 | |
| 2021-12-31 | 97 | 17 | 3 | |
| 2020-12-31 | 76 | 47 | 13 | 5 |
| 2019-12-31 | 60 | 37 | 9 | 4 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 51 | 26 | 3 |
| 2018-12-31 | 49 | 24 | 3 |
| 2018-09-30 | 47 | 25 | 7 |
| 2018-06-30 | 44 | 26 | 5 |
| 2018-03-31 | 41 | 24 | 3 |
| 2017-12-31 | 37 | 22 | 3 |
| 2017-09-30 | 34 | 19 | 2 |
| 2017-06-30 | 31 | 17 | 3 |
| 2017-03-31 | 28 | 17 | 4 |
| 2016-12-31 | 25 | 15 | 3 |
| 2016-09-30 | 22 | 12 | 2 |
| 2016-06-30 | 19 | 10 | 1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
All data from Community Healthcare Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 0.60 | 0.60 | 0.60 | 1.00 |
| 2022-12-31 | 0.55 | 0.55 | 0.55 | 1.00 |
| 2021-12-31 | 0.52 | 0.52 | 0.52 | 1.00 |
| 2020-12-31 | 0.57 | 0.67 | 0.47 | 2.00 |
| 2019-12-31 | 0.44 | 0.44 | 0.43 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.16 |
| 2018-12-31 | 0.19 |
| 2018-09-30 | 0.39 |
| 2018-06-30 | 0.30 |
| 2018-03-31 | 0.22 |
| 2017-12-31 | 0.19 |
| 2017-09-30 | 0.18 |
| 2017-06-30 | 0.27 |
| 2017-03-31 | 0.28 |
| 2016-12-31 | 0.24 |
| 2016-09-30 | 0.18 |
| 2016-06-30 | 0.08 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Community Healthcare Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Community Healthcare Trust's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Community Healthcare Trust has a total score of 5/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Community Healthcare Trust performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Community Healthcare Trust's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Community Healthcare Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Community Healthcare Trust's 1-year earnings growth is negative, it can't be compared to the US REITs industry average.
Earnings and Revenue History
All data from Community Healthcare Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 50.64 | 2.84 | 6.30 | |
| 2018-12-31 | 48.63 | 3.34 | 5.71 | |
| 2018-09-30 | 47.40 | 6.87 | 4.96 | |
| 2018-06-30 | 44.24 | 5.21 | 4.57 | |
| 2018-03-31 | 40.77 | 3.50 | 4.38 | |
| 2017-12-31 | 37.34 | 2.78 | 4.02 | |
| 2017-09-30 | 33.77 | 2.47 | 2.85 | |
| 2017-06-30 | 30.77 | 3.48 | 3.02 | |
| 2017-03-31 | 28.04 | 3.52 | 2.61 | |
| 2016-12-31 | 25.20 | 2.72 | 3.38 | |
| 2016-09-30 | 22.36 | 1.81 | 3.19 | |
| 2016-06-30 | 19.16 | 0.68 | 2.17 | |
| 2016-03-31 | 13.80 | -1.34 | 3.35 | |
| 2015-12-31 | 8.63 | -1.46 | 2.54 | |
| 2014-12-31 | 18.73 | 7.58 | 0.51 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Community Healthcare Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Community Healthcare Trust used its assets less efficiently than the US REITs industry average last year based on Return on Assets.
- Community Healthcare Trust has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Community Healthcare Trust's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Community Healthcare Trust has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Community Healthcare Trust's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Community Healthcare Trust's finances.
The net worth of a company is the difference between its assets and liabilities.
- Community Healthcare Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Community Healthcare Trust's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Community Healthcare Trust Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 269.68 | 179.97 | 4.08 |
| 2018-12-31 | 271.66 | 147.86 | 2.91 |
| 2018-09-30 | 279.32 | 127.45 | 3.62 |
| 2018-06-30 | 276.36 | 125.42 | 3.82 |
| 2018-03-31 | 279.61 | 111.50 | 3.64 |
| 2017-12-31 | 283.37 | 93.35 | 2.39 |
| 2017-09-30 | 287.90 | 59.67 | 17.48 |
| 2017-06-30 | 185.41 | 117.69 | 0.83 |
| 2017-03-31 | 190.01 | 81.39 | 2.04 |
| 2016-12-31 | 194.01 | 51.00 | 1.57 |
| 2016-09-30 | 197.75 | 5.00 | 1.74 |
| 2016-06-30 | 201.47 | 0.00 | 10.92 |
| 2016-03-31 | 119.59 | 55.00 | 1.57 |
| 2015-12-31 | 122.27 | 17.00 | 2.02 |
| 2014-12-31 | 0.00 | 0.00 | 0.00 |
- Community Healthcare Trust's level of debt (66.7%) compared to net worth is high (greater than 40%).
- Unable to establish if Community Healthcare Trust's debt level has increased without past 5-year debt data.
- Debt is not well covered by operating cash flow (14.3%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Community Healthcare Trust's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Community Healthcare Trust has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Community Healthcare Trust's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Community Healthcare Trust
shares you are expected to receive
$88
in your first year as a dividend.
Dividend Amount
- Community Healthcare Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
- Community Healthcare Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
| United States of America REITs Industry Average Dividend Yield | Market Cap Weighted Average of 184 Stocks | 3.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2000 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 1.93 | 2.00 |
| 2022-12-31 | 1.86 | 2.00 |
| 2021-12-31 | 1.74 | 3.00 |
| 2020-12-31 | 1.70 | 6.00 |
| 2019-12-31 | 1.66 | 6.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-05-01 | 1.640 | 4.455 |
| 2019-02-07 | 1.630 | 4.660 |
| 2018-11-01 | 1.620 | 5.337 |
| 2018-08-01 | 1.610 | 5.299 |
| 2018-05-03 | 1.600 | 5.651 |
| 2018-02-01 | 1.590 | 6.372 |
| 2017-11-02 | 1.580 | 5.791 |
| 2017-08-07 | 1.570 | 5.908 |
| 2017-05-04 | 1.560 | 6.161 |
| 2017-02-02 | 1.550 | 6.578 |
| 2016-11-01 | 1.540 | 6.891 |
| 2016-08-05 | 1.530 | 6.795 |
| 2016-05-03 | 1.520 | 7.471 |
| 2016-02-09 | 1.510 | 8.255 |
| 2015-11-06 | 1.500 | 8.275 |
| 2015-08-06 | 1.500 | 8.446 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Community Healthcare Trust has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Community Healthcare Trust only paid a dividend in the past 4 years.
Income/ dividend checks
We assess Community Healthcare Trust's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Community Healthcare Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Community Healthcare Trust has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $2,247,977 |
| AGE | 59 |
| TENURE AS CEO | 5.2 years |
CEO Bio
Mr. Timothy G. Wallace, also known as Tim, has been the Chairman, Chief Executive Officer and President of Community Healthcare Trust Incorporated since March 2014. From 2003 to 2014, Mr. Wallace was co-founder, President and majority owner of AFP and related entities which were established in 2002 to provide financing solutions to the higher education industry for on-campus student housing facilities mostly in rural areas. He served as Chief Financial Officer and Executive Vice President of Healthcare Realty Trust Incorporated until 2002. He has held executive positions with Healthcare Realty Trust since January 1993. Mr. Wallace remained as a paid consultant to Healthcare Realty Trust Incorporated and was subject to a non-compete until 2008. Prior to joining Healthcare Realty Trust, he served as Senior Manager with responsibility for healthcare and real estate in the Nashville, Tennessee office of Ernst & Young LLP from June 1989 to January 1993. Prior to joining Ernst & Young LLP, he was employed by Arthur Andersen & Co. from September 1980 to June 1989. He has been a Director of Service Experts LLC (alternate name, Service Experts Inc.) since June 1996. Mr. Wallace began his career in 1980 with Arthur Andersen & Co. Mr. Wallace holds a Bachelor of Science in Business Administration and Masters in Business Administration, both from Western Kentucky University.
CEO Compensation
- Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
- Tim's remuneration is about average for companies of similar size in United States of America.
Management Team
Tim Wallace
Chairman
$2M
59
5.2 yrs
Page Barnes
Executive VP & Chief Operating Officer
$1M
64
Leigh Stach
Executive VP & Chief Accounting Officer
$1M
51
5.2 yrs
Dave Dupuy
Executive VP & CFO
49
Ron Hart
Vice President of Asset Management
Jon Anderson
Controller
Board of Directors Tenure
Average tenure and age of the Community Healthcare Trust board of directors in years:
- The tenure for the Community Healthcare Trust board of directors is about average.
Board of Directors
Tim Wallace
Chairman
$2M
59
5.2 yrs
Robert Hensley
Director
$154K
60
4 yrs
R. Van Horn
Director
$155K
50
4 yrs
Claire Gulmi
Director
$125K
64
1 yrs
Alan Gardner
Lead Independent Director
$167K
64
4.3 yrs
Who owns this company?
Recent Insider Trading
- Community Healthcare Trust insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Mar 19 | Sell | Leigh Stach | Individual | 15. Mar 19 | 15. Mar 19 | -7,500 | $33.59 | $-251,925 | ||
Management checks
We assess Community Healthcare Trust's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Community Healthcare Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Community Healthcare Trust Incorporated (NYSE:CHCT) Delivered A Weaker ROE Than Its Industry
To keep the lesson grounded in practicality, we'll use ROE to better understand Community Healthcare Trust Incorporated (NYSE:CHCT). … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.016 in profit. … Check out our latest analysis for Community Healthcare Trust?
Simply Wall St - – Full articleHow Much Did Community Healthcare Trust Incorporated's (NYSE:CHCT) CEO Pocket Last Year?
Tim Wallace became the CEO of Community Healthcare Trust Incorporated (NYSE:CHCT) in 2014. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … According to our data, Community Healthcare Trust Incorporated has a market capitalization of US$652m, and pays its CEO total annual compensation worth US$2.2m.
Simply Wall St - – Full articleVolatility 101: Should Community Healthcare Trust (NYSE:CHCT) Shares Have Dropped -88%?
Just take a look at Community Healthcare Trust Incorporated (NYSE:CHCT), which is up 88%, over three years, soundly beating the market return of 37% (not including dividends). … Over the last three years Community Healthcare Trust has grown its revenue at 42% annually. … So now might be the perfect time to put Community Healthcare Trust on your radar.
Simply Wall St - – Full articleDoes Community Healthcare Trust Incorporated (NYSE:CHCT) Have A High Beta?
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Simply Wall St - – Full articleWhat You Need To Know Before Investing In Community Healthcare Trust Incorporated (NYSE:CHCT)
Community Healthcare Trust Incorporated is a US$607m. … real estate investment trust (REIT) based in Franklin, United States. … A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent
Simply Wall St - – Full articleWhen Should You Buy Community Healthcare Trust Incorporated (NYSE:CHCT)?
Community Healthcare Trust Incorporated (NYSE:CHCT), which is in the reits business, and is based in United States,. … So, could the stock still be trading at a low price relative to its actual value. … Let’s examine Community Healthcare Trust’s valuation and outlook in more detail to determine if there’s still a bargain opportunity
Simply Wall St - – Full articleHow Should Investors React To Community Healthcare Trust Incorporated's (NYSE:CHCT) CEO Pay?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Tim Wallace's Compensation Compare With Similar Sized Companies. … Our data indicates that Community Healthcare Trust Incorporated is worth US$524m, and total annual CEO compensation is US$1.6m.
Simply Wall St - – Full articleHow Should You Analyze REIT Stock Community Healthcare Trust Incorporated (NYSE:CHCT)?
Community Healthcare Trust Incorporated is a US$520m. … real estate investment trust (REIT) based in Franklin, United States. … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation.
Simply Wall St - – Full articleCommunity Healthcare Trust Incorporated (NYSE:CHCT): Is Real Estate Attractive?
is a real estate company operating in an industry … Real estate investment trust, or a REIT, is a collective vehicle for investing in real estate that began in the US and has since been adopted worldwide as an investment asset … Real estate analysts are forecasting for the entire industry,
Simply Wall St - – Full articleIs Community Healthcare Trust Incorporated's (NYSE:CHCT) CEO Pay Justified?
Leading Community Healthcare Trust Incorporated (NYSE:CHCT) as the CEO, Tim Wallace took the company to a valuation of US$521.59m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability
Simply Wall St - – Full articleCompany Info
Description
Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The Company had investments of approximately $478.4 million in 105 real estate properties as of March 31, 2019, located in 29 states, totaling approximately 2.3 million square feet.
Details
| Name: | Community Healthcare Trust Incorporated |
| CHCT | |
| Exchange: | NYSE |
| Founded: | |
| $674,862,770 | |
| 18,068,615 | |
| Website: | http://www.chct.reit |
| Address: |
Community Healthcare Trust Incorporated 3326 Aspen Grove Drive, Suite 150, Franklin, Tennessee, 37067, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | CHCT | Common Stock | New York Stock Exchange | US | USD | 21. May 2015 |
Number of employees
Current staff
Industry
| Health Care REITs | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/20 03:09 |
| End of day share price update: | 2019/05/17 00:00 |
| Last estimates confirmation: | 2019/05/14 |
| Last earnings filing: | 2019/05/07 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
