Community Healthcare Trust posts Q3 net income of $1.6 mln

Overview

• Community Healthcare Trust Q3 net income totals $1.6 mln, EPS at $0.03

• Company acquired Florida rehab facility for $26.5 mln, fully leased until 2040

• Company disposed of Pennsylvania building, recognized $0.2 mln loss on sale

Outlook

• Company anticipates closing one property acquisition in Q4 2025

• Company expects to sell an inpatient facility in Q4 2025, recognizing $11.5 mln gain

• Company has six properties under purchase agreements, closing expected through 2027

Result Drivers

• FLORIDA ACQUISITION - Co acquired an inpatient rehabilitation facility in Florida for $26.5 mln, fully leased until 2040 with a 9.4% expected return

• PENNSYLVANIA DISPOSAL - Co disposed of a building in Pennsylvania, recognizing a $0.2 mln loss on the sale

• TENANT SALE - Geriatric hospital tenant signed LOI for sale, potential new leases for six hospitals, but transaction timing uncertain

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialized reits peer group is "buy"

• Wall Street's median 12-month price target for Community Healthcare Trust Inc is $17.50, about 17.1% above its October 27 closing price of $14.50

• The stock recently traded at 54 times the next 12-month earnings vs. a P/E of 61 three months ago

Press Release:

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.