NYSE$CHCT

Community Healthcare Trust Incorporated · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Community Healthcare Trust reported its financial results for the three months ended December 31, 2024, including net income, FFO, and AFFO per diluted common share.

Community Healthcare Trust reported net income of approximately $1.8 million for the three months ended December 31, 2024. The company acquired three properties for $8.2 million and disposed of one property and a land parcel for $1.4 million in net proceeds. They also declared a quarterly common stock dividend of $0.4675 per share.

  • Net income for the quarter was approximately $1.8 million, or $0.04 per diluted common share.
  • FFO per diluted common share was $0.48 and AFFO per diluted common share was $0.55.
  • The Company acquired three properties for an aggregate purchase price of approximately $8.2 million, totaling 38,000 square feet and 100% leased.
  • The Company disposed of one property in Texas and a land parcel in Georgia, receiving net proceeds of approximately $1.4 million.

Headline financials

Total Revenue

$29.3M

Previous: $29.1M+0.6%
EPS (adj)

$0.55

Previous: $0.61-9.8%
Net Income

$1.83M

Previous: $4.57M-59.9%
Operating Income

$8.21M

No prior period

Revenue & EPS history

CHCT · Revenue · Quarterly

$29.3M

Q4 2024+0.6%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

CHCT · $28.7M total across 2 segments · Q3 2023

  • Rental Income
    $27.7M+15.8%
  • Other Operating Interest
    $1.05M+17.7%

Forward guidance

The Company has entered into definitive purchase agreements for future acquisitions, including a residential treatment campus and seven other properties, with expected closings extending through 2027.

Tailwinds

  • Definitive purchase agreement for a residential treatment campus with an expected purchase price of approximately $9.5 million and an expected return of 9.5%.
  • Anticipated closing of the residential treatment campus investment during the first quarter of 2025.
  • Seven properties under definitive purchase agreements for an aggregate expected purchase price of approximately $169.5 million.
  • Expected returns on these seven investments are approximately 9.1% to 9.75%.
  • Anticipated closing on one of the seven properties in the first quarter of 2025, with the remainder throughout 2025, 2026, and 2027.

Headwinds

  • No assurance can be provided as to the timing or whether the residential treatment campus transaction will actually close.
  • No assurance can be provided as to the timing or whether the seven other property transactions will actually close.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-2.9%

Avg return

30 days after

47%

20 / 43 earnings

Positive

+9.8%

Q2 2020

Best reaction

-18.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-4.7%-0.8%
Q4 2025-4.7%-9.4%-13.8%
Q3 2025-0.3%+1.0%+7.7%
Q1 2025+5.0%+5.0%+0.5%
Q4 2024-6.3%-7.0%-8.0%
Q3 2024+6.8%+3.8%+6.0%
Q2 2024-18.9%-25.2%-30.2%
Q1 2024-6.2%-8.9%-14.2%
Q4 2023+0.1%-1.3%-4.7%
Q3 2023-1.6%-1.0%-3.9%
Q2 2023+2.7%+3.4%-5.8%
Q1 2023-0.0%+1.6%-9.0%
Q4 2022-1.6%-2.1%-12.7%
Q3 2022+0.9%+2.0%+2.7%
Q2 2022+0.7%-0.7%-9.0%
Q1 2022+2.1%+3.4%+1.9%
Q4 2021+4.2%+3.2%-3.4%
Q3 2021-3.5%-2.0%-10.0%
Q2 2021-1.6%+1.1%+1.3%
Q1 2021-3.9%-1.7%-4.9%
Q4 2020+0.9%-0.4%-1.1%
Q3 2020+3.9%-0.4%-2.3%
Q2 2020+9.8%+9.9%+4.6%
Q1 2020+7.2%+5.8%+4.6%
Q4 2019-1.7%-6.8%-34.8%
Q3 2019-4.9%-6.6%-1.8%
Q2 2019+3.1%+3.2%+2.9%
Q1 2019-1.9%-0.1%+3.4%
Q4 2018-4.7%-5.9%+1.3%
Q3 2018+1.1%+1.8%+5.9%
Q2 2018+2.7%+3.4%+0.3%
Q1 2018+0.2%-0.8%+2.2%
Q4 2017+7.8%+5.1%+10.7%
Q3 2017-3.2%-1.6%-3.0%
Q2 2017-0.2%+2.1%+9.4%
Q1 2017+2.9%+1.4%+2.0%
Q4 2016+3.3%+4.7%+1.1%
Q3 2016-7.3%-6.4%+0.4%
Q2 2016-0.5%-2.1%-7.6%
Q1 2016+2.4%
Q4 2015-0.7%
Q3 2015-1.4%
Q2 2015-0.1%
Q3 2014

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