A buy rating gets initiated for Community Healthcare Trust, a REIT with a diversified nationwide (US) portfolio of healthcare-focused properties. The +10% dividend yield is competitive vs. peers, along with a proven history of growing the dividend, and ability to sustain it through earnings. This REIT has a modest debt/equity vs. peers, and is undervalued vs. peers on forward P/FFO, while trading near a 10-year low price.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Community Healthcare Trust (CHCT) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Community Healthcare Trust (CHCT) and National Health Investors (NHI). But which of these two companies is the best option for those looking for undervalued stocks?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Community Healthcare Trust (CHCT) or SL Green (SLG). But which of these two stocks is more attractive to value investors?
These companies could slash their high-yielding payouts in the future.
Community Healthcare Trust Incorporated (NYSE:CHCT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dave Dupuy - Chief Executive Officer Bill Monroe - Chief Financial Officer Conference Call Participants Connor Mitchell - Piper Sandler & Co. Rob Stevenson - Janney Michael Lewis - Truist Jim Kammert - Evercore Barry Oxford - Colliers Securities Operator Welcome to the Community Healthcare Trust 2024 Third Quarter Earnings Release Conference Call. On the call today, the company will discuss its 2024 third quarter financial results.
While the top- and bottom-line numbers for Community Healthcare Trust (CHCT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Community Healthcare Trust (CHCT) came out with quarterly funds from operations (FFO) of $0.55 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to FFO of $0.63 per share a year ago.
Community Healthcare Trust and Medical Properties Trust both securitize medical real estate primarily on a net lease basis and have recently faced tenant issues. I compare the two companies based on AFFO multiple, enterprise-level market-implied cap rate, dividends, and impact from Fed easing. CHCT's main appeal lies in its lower leverage, more attractive enterprise-level valuation, and higher dividend yield.
Community Healthcare Realty Trust dividend isn't as healthy as it had been.