Community Healthcare Trust
Market Cap
US$861.1m
Last Updated
2019/12/15 00:24 UTC
Data Sources
Company Financials +
Executive Summary
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.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential second-rate dividend payer.
Share Price & News
How has Community Healthcare Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CHCT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.1%
CHCT
-3.0%
US REITs
0.7%
US Market
1 Year Return
46.1%
CHCT
11.0%
US REITs
21.1%
US Market
Return vs Industry: CHCT exceeded the US REITs industry which returned 11% over the past year.
Return vs Market: CHCT exceeded the US Market which returned 21.1% over the past year.
Shareholder returns
| CHCT | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -3.0% | 0.7% |
| 30 Day | -1.0% | -2.8% | 2.3% |
| 90 Day | 5.1% | -2.2% | 5.0% |
| 1 Year | 52.3%46.1% | 15.7%11.0% | 23.7%21.1% |
| 3 Year | 135.0%99.6% | 31.9%15.4% | 47.0%37.4% |
| 5 Year | n/a | 49.0%18.1% | 65.7%47.5% |
Price Volatility Vs. Market
How volatile is Community Healthcare Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is Community Healthcare Trust Incorporated (NYSE:CHCT) Excessively Paying Its CEO?1 month ago | Simply Wall St
This Insider Has Just Sold Shares In Community Healthcare Trust Incorporated (NYSE:CHCT)Valuation
Is Community Healthcare Trust undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CHCT ($44.69) is trading below our estimate of fair value ($101.34)
Significantly Below Fair Value: CHCT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CHCT is poor value based on its PE Ratio (274x) compared to the REITs industry average (36.8x).
PE vs Market: CHCT is poor value based on its PE Ratio (274x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: CHCT is poor value based on its PEG Ratio (10.8x)
Price to Book Ratio
PB vs Industry: CHCT is overvalued based on its PB Ratio (2.9x) compared to the US REITs industry average (1.9x).
Next Steps
Future Growth
How is Community Healthcare Trust forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
25.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHCT's forecast earnings growth (25.5% per year) is above the savings rate (1.7%).
Earnings vs Market: CHCT's earnings (25.5% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CHCT's revenue (20.8% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: CHCT's revenue (20.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CHCT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Community Healthcare Trust performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHCT has a large one-off loss of $4.7M impacting its September 30 2019 financial results.
Growing Profit Margin: CHCT's current net profit margins (5.3%) are lower than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: CHCT's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: CHCT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CHCT had negative earnings growth (-56.9%) over the past year, making it difficult to compare to the REITs industry average (8.3%).
Return on Equity
High ROE: CHCT's Return on Equity (1.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Community Healthcare Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: CHCT has a high level of physical assets or inventory.
Debt Coverage by Assets: CHCT's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: CHCT's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CHCT has a sufficient allowance for bad loans.
Low Risk Liabilities: CHCT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CHCT has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CHCT has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CHCT has an appropriate level of bad loans.
Next Steps
Dividend
What is Community Healthcare Trust's current dividend yield, its reliability and sustainability?
3.71%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CHCT's dividend (3.71%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CHCT's dividend (3.71%) is in the top 25% of dividend payers in the US market (3.71%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CHCT has been paying a dividend for less than 10 years.
Growing Dividend: CHCT's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (121%), CHCT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CHCT's dividends in 3 years are forecast to be thoroughly covered by earnings (3.2% payout ratio).
Next Steps
Management
What is the CEO of Community Healthcare Trust's salary, the management and board of directors tenure and is there insider trading?
0.8yrs
Average management tenure
CEO
Tim Wallace (60yo)
5.8yrs
Tenure
US$2,247,977
Compensation
Mr. Timothy G. Wallace, also known as Tim, has been the Chairman, Chief Executive Officer and President of Community Healthcare Trust Incorporated since March 2014. From 2003 to 2014, Mr. Wallace was co-fo ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD2.25M) is about average for companies of similar size in the US market ($USD2.63M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
0.8yrs
Average Tenure
56yo
Average Age
Experienced Management: CHCT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Age and Tenure
4.6yrs
Average Tenure
61yo
Average Age
Experienced Board: CHCT's board of directors are considered experienced (4.6 years average tenure).
Insider Trading
Insider Buying: CHCT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & Chief Operating Officer |
| Shares | 5,263 |
| Max Price | US$46.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,053 |
| Max Price | US$37.74 |
| Entity | Individual |
| Role | Chief Accounting Officer Executive VP & Chief Accounting Officer |
| Shares | 7,500 |
| Max Price | US$33.59 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Management Team
Tim Wallace (60yo)
Chairman
- Tenure: 5.8yrs
- Compensation: US$2.25m
Leigh Stach (52yo)
Executive VP & Chief Accounting Officer
- Tenure: 5.8yrs
- Compensation: US$1.28m
Page Barnes (65yo)
Executive VP & Chief Operating Officer
- Tenure: 0.6yrs
- Compensation: US$1.33m
Ron Hart
Vice President of Asset Management
- Tenure: 0yrs
Dave Dupuy (50yo)
Executive VP & CFO
- Tenure: 0.6yrs
Timothy Meyer
Senior Vice President of Asset Management
- Tenure: 0.4yrs
Gary Moothart
Controller
- Tenure: 0.9yrs
Board Members
Tim Wallace (60yo)
Chairman
- Tenure: 5.8yrs
- Compensation: US$2.25m
Claire Gulmi (65yo)
Independent Director
- Tenure: 1.6yrs
- Compensation: US$125.00k
Robert Hensley (61yo)
Independent Director
- Tenure: 4.6yrs
- Compensation: US$153.79k
Alan Gardner (65yo)
Lead Independent Director
- Tenure: 4.9yrs
- Compensation: US$166.71k
R. Van Horn (51yo)
Independent Director
- Tenure: 4.6yrs
- Compensation: US$154.77k
Company Information
Community Healthcare Trust Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Community Healthcare Trust Incorporated
- Ticker: CHCT
- Exchange: NYSE
- Founded:
- Industry: Health Care REITs
- Sector: Real Estate
- Market Cap: US$861.078m
- Shares outstanding: 19.27m
- Website: https://www.chct.reit
Number of Employees
Location
- Community Healthcare Trust Incorporated
- 3326 Aspen Grove Drive
- Suite 150
- Franklin
- Tennessee
- 37067
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHCT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 2015 |
Biography
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 serv ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/15 00:24 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.