NYSE:CHCT

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Community Healthcare Trust

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 our target sub-markets throughout the United States. More Details


Snowflake Analysis

Solid track record average dividend payer.


Similar Companies

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 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 has decreased from 11% to 3% over the past year.


Market Performance


7 Day Return

0.6%

CHCT

-3.5%

US REITs

-2.4%

US Market


1 Year Return

-11.8%

CHCT

-7.5%

US REITs

31.2%

US Market

Return vs Industry: CHCT underperformed the US REITs industry which returned -8.5% over the past year.

Return vs Market: CHCT underperformed the US Market which returned 29.4% over the past year.


Shareholder returns

CHCTIndustryMarket
7 Day0.6%-3.5%-2.4%
30 Day-3.1%-1.4%-3.0%
90 Day-3.2%-0.3%3.2%
1 Year-8.2%-11.8%-3.2%-7.5%34.1%31.2%
3 Year104.9%79.5%28.8%13.0%48.1%38.6%
5 Year216.2%141.9%41.9%12.9%116.5%92.3%

Long-Term 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

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 ($44.45) is trading below our estimate of fair value ($111.05)

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 (55.6x) compared to the US REITs industry average (45.2x).

PE vs Market: CHCT is poor value based on its PE Ratio (55.6x) compared to the US market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: CHCT is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: CHCT is overvalued based on its PB Ratio (2.3x) compared to the US REITs industry average (1.6x).


Next Steps

Future Growth

How is Community Healthcare Trust forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHCT's forecast earnings growth (19.7% per year) is above the savings rate (2%).

Earnings vs Market: CHCT's earnings (19.7% per year) are forecast to grow faster than the US market (19.6% per year).

High Growth Earnings: CHCT's earnings are forecast to grow, but not significantly.

Revenue vs Market: CHCT's revenue (15.2% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: CHCT's revenue (15.2% 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


Next Steps

Past Performance

How has Community Healthcare Trust performed over the past 5 years?

50.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHCT has high quality earnings.

Growing Profit Margin: CHCT's current net profit margins (22.8%) are higher than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: CHCT has become profitable over the past 5 years, growing earnings by 50.4% per year.

Accelerating Growth: CHCT's earnings growth over the past year (146.5%) exceeds its 5-year average (50.4% per year).

Earnings vs Industry: CHCT earnings growth over the past year (146.5%) exceeded the REITs industry -6.1%.


Return on Equity

High ROE: CHCT's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is Community Healthcare Trust's financial position?


Financial Position Analysis

Short Term Liabilities: CHCT's short term assets ($33.0M) exceed its short term liabilities ($17.6M).

Long Term Liabilities: CHCT's short term assets ($33.0M) do not cover its long term liabilities ($220.9M).


Debt to Equity History and Analysis

Debt Level: CHCT's debt to equity ratio (52.2%) is considered high.

Reducing Debt: CHCT's debt to equity ratio has increased from 14.6% to 52.2% over the past 5 years.

Debt Coverage: CHCT's debt is well covered by operating cash flow (21.6%).

Interest Coverage: CHCT's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Community Healthcare Trust current dividend yield, its reliability and sustainability?

3.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHCT's dividend (3.85%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: CHCT's dividend (3.85%) is in the top 25% of dividend payers in the US market (3.69%)


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 (84.5%), 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 (66.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Tim Wallace (61 yo)

7yrs

Tenure

US$2,595,964

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 ($USD2.60M) is about average for companies of similar size in the US market ($USD2.20M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Wallace
Chairman7yrsUS$2.60m3.69%
$ 37.5m
David Dupuy
Executive VP & CFO1.83yrsUS$1.50m0.47%
$ 4.8m
Leigh Stach
Executive VP & Chief Accounting Officer7yrsUS$1.27m0.88%
$ 8.9m
Roland Hart
Vice President of Asset Managementno datano datano data
Timothy Meyer
Senior Vice President of Asset Management1.67yrsno datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Management: CHCT's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Wallace
Chairman7yrsUS$2.60m3.69%
$ 37.5m
Claire Gulmi
Independent Director2.83yrsUS$157.32k0.061%
$ 618.7k
Robert Hensley
Independent Director5.83yrsUS$155.85k0.18%
$ 1.9m
Alan Gardner
Lead Independent Director6.17yrsUS$169.65k0.15%
$ 1.6m
R. Van Horn
Independent Director5.83yrsUS$157.32k0.10%
$ 1.1m

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: CHCT's board of directors are considered experienced (5.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.2%.


Top Shareholders

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: NaN
  • Industry: Health Care REITs
  • Sector: Real Estate
  • Market Cap: US$1.016b
  • Shares outstanding: 22.85m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHCTNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2015
4U9DB (Deutsche Boerse AG)YesCommon StockDEEURMay 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 23:04
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.