| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
CHCT Stock Overview
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 our target sub-markets throughout the United States.
Community Healthcare Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.88 |
| 52 Week High | US$52.54 |
| 52 Week Low | US$42.55 |
| Beta | 0.56 |
| 1 Month Change | -1.21% |
| 3 Month Change | -7.48% |
| 1 Year Change | -6.81% |
| 3 Year Change | 40.65% |
| 5 Year Change | 108.07% |
| Change since IPO | 127.24% |
Recent News & Updates
Community Healthcare Trust: Nearing Market Cap Threshold, With Investment Thesis Intact
Community Healthcare Trust has a stellar track record for growth, and a stellar balance sheet for a company of its size. Despite headwinds from the pandemic, the summer heatwave, rising property values, and recent concerns about falling occupancy rates, the investment thesis for this company is intact. Like a rocket approaching escape velocity, CHCT is nearing an important market cap threshold.
Community Healthcare: Occupancy Drag
Community Healthcare Trust has many positive features. These include their debt management and the high profitability of new acquisitions. We model here the suggestion in a recent article of what might challenge the current high market price.
Community Healthcare's Valuation Makes It Dangerous
CHCT has done very well in the market. But its fundamental risks are starting to take a toll with declining occupancy. There is a reason rural healthcare facilities are trading at 10% cap rates in the private market.
Is Now The Time To Put Community Healthcare Trust (NYSE:CHCT) On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Shareholder Returns
| CHCT | US REITs | US Market | |
|---|---|---|---|
| 7D | -1.8% | -3.1% | -5.1% |
| 1Y | -6.8% | 21.9% | 3.3% |
Return vs Industry: CHCT underperformed the US REITs industry which returned 23.3% over the past year.
Return vs Market: CHCT underperformed the US Market which returned 4.2% over the past year.
Price Volatility
| CHCT volatility | |
|---|---|
| CHCT Average Weekly Movement | 3.2% |
| REITs Industry Average Movement | 4.1% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CHCT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CHCT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 28 | Tim Wallace | https://www.chct.reit |
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 our target sub-markets throughout the United States. The Company had investments of approximately $667.3 million in 131 real estate properties as of September 30, 2020, located in 33 states, totaling approximately 2.8 million square feet.
Community Healthcare Trust Fundamentals Summary
| CHCT fundamental statistics | |
|---|---|
| Market Cap | US$1.06b |
| Earnings (TTM) | US$19.43m |
| Revenue (TTM) | US$87.46m |
54.4x
P/E Ratio12.1x
P/S RatioIs CHCT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CHCT income statement (TTM) | |
|---|---|
| Revenue | US$87.46m |
| Cost of Revenue | US$15.11m |
| Gross Profit | US$72.35m |
| Expenses | US$52.93m |
| Earnings | US$19.43m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 15, 2022
| Earnings per share (EPS) | 0.82 |
| Gross Margin | 82.73% |
| Net Profit Margin | 22.21% |
| Debt/Equity Ratio | 57.6% |
How did CHCT perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield92%
Payout RatioValuation
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 ($44.88) is trading below our estimate of fair value ($143.82)
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 (54.4x) compared to the US REITs industry average (44x).
PE vs Market: CHCT is poor value based on its PE Ratio (54.4x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: CHCT is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: CHCT is overvalued based on its PB Ratio (2.3x) compared to the US REITs industry average (2x).
Future Growth
How is Community Healthcare Trust forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHCT's forecast earnings growth (16.1% per year) is above the savings rate (2%).
Earnings vs Market: CHCT's earnings (16.1% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: CHCT's earnings are forecast to grow, but not significantly.
Revenue vs Market: CHCT's revenue (14% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: CHCT's revenue (14% per year) is forecast to grow slower 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
Past Performance
How has Community Healthcare Trust performed over the past 5 years?
46.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHCT has high quality earnings.
Growing Profit Margin: CHCT's current net profit margins (22.2%) are higher than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: CHCT's earnings have grown significantly by 46% per year over the past 5 years.
Accelerating Growth: CHCT's earnings growth over the past year (35.7%) is below its 5-year average (46% per year).
Earnings vs Industry: CHCT earnings growth over the past year (35.7%) exceeded the REITs industry 30.5%.
Return on Equity
High ROE: CHCT's Return on Equity (4.7%) is considered low.
Financial Health
How is Community Healthcare Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CHCT's short term assets ($47.5M) exceed its short term liabilities ($15.3M).
Long Term Liabilities: CHCT's short term assets ($47.5M) do not cover its long term liabilities ($270.7M).
Debt to Equity History and Analysis
Debt Level: CHCT's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: CHCT's debt to equity ratio has increased from 2.8% to 57.6% over the past 5 years.
Debt Coverage: CHCT's debt is well covered by operating cash flow (20.3%).
Interest Coverage: CHCT's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Dividend
What is Community Healthcare Trust current dividend yield, its reliability and sustainability?
3.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CHCT's dividend (3.88%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: CHCT's dividend (3.88%) is in the top 25% of dividend payers in the US market (3.57%)
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 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (92.3%), CHCT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CHCT's dividends in 3 years are forecast to be covered by earnings (67.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Tim Wallace (62 yo)
7.83yrs
Tenure
US$3,737,563
Compensation
Mr. Timothy G. Wallace, also known as Tim, has been the Chairman, Chief Executive Officer and President of Community Healthcare Trust Incorporated since March 2014. From 2003 to 2014, Mr. Wallace was co-fo...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD3.74M) is above average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CHCT's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: CHCT's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.
Top Shareholders
Company Information
Community Healthcare Trust Incorporated's employee growth, exchange listings and data sources
Key Information
- Name: Community Healthcare Trust Incorporated
- Ticker: CHCT
- Exchange: NYSE
- Founded: NaN
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$1.058b
- Shares outstanding: 23.57m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 01:09 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.