Prediction: This REIT Stock Will Be the Best Performer the Rest of 2024
24/7 Wall St. Insights Real estate investment trusts (REITs) are expected to see a recovery as interest rates come down.
Community Healthcare Trust: Underservedly Trading Below COVID-19 Share Price Lows
Community Healthcare Trust is a healthcare REIT focused primarily on Medical Offices and Inpatient Rehabilitation Facilities. The REIT has substantially underperformed the Vanguard Real Estate Index Fund ETF in 2024. Shares fell significantly following Q2 2024 results which revealed collection issues with a tenant accounting for $1.5 million in quarterly rent and interest.
Top 3 Real Estate Stocks That May Explode This Quarter
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Community Healthcare Trust Incorporated (CHCT) Q2 2024 Earnings Call Transcript
Community Healthcare Trust Incorporated (NYSE:CHCT ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Dave Dupuy – Chief Executive Officer Bill Monroe – Chief Financial Officer Conference Call Participants Rob Stevenson – Janney Alexander Goldfarb – Piper Sandler Michael Lewis – Truist Wes Golladay – Baird Jim Kammert – Evercore Operator Welcome to the Community Healthcare Trust's 2024 Second Quarter Earnings Release Conference Call. On the call today, the company will discuss its 2024 second quarter financial results.
Community Healthcare Trust (CHCT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Community Healthcare Trust (CHCT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Community Healthcare Trust (CHCT) Lags Q2 FFO and Revenue Estimates
Community Healthcare Trust (CHCT) came out with quarterly funds from operations (FFO) of $0.53 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.63 per share a year ago.
Community Healthcare Trust: A Buying Opportunity After Recent Underperformance
Community Healthcare Trust is a healthcare REIT with 40% exposure to Medical Offices. The company has managed to grow occupancy to 92.3% and is recovering from the bankruptcy of GenesisCare. After backlash from investors, a new executive compensation plan takes effect in July 2024.
