Community Healthcare Trust Reports Q1 2025 Financial Results

By Bobby Samwell • Wednesday, April 30 06:10 • Permanent Link

Community Healthcare Trust Incorporated (NYSE: CHCT) has reported its financial results for the three months ended March 31, 2025. The company's net income for the period was approximately $1.6 million, resulting in earnings of $0.03 per diluted common share. Notably, the company's funds from operations (FFO) and adjusted funds from operations (AFFO) for the same period amounted to $0.47 and $0.55 per diluted common share, respectively.

During the first quarter of 2025, the company acquired a property for approximately $9.7 million and subsequently disposed of a building in Ohio, receiving net proceeds of about $0.6 million from the sale. Additionally, the company has seven properties under definitive purchase agreements, with an aggregate expected purchase price of approximately $169.5 million. The company expects to achieve returns of about 9.1% to 9.75% on these investments.

In terms of its operations, the geriatric psychiatric hospital operator, a tenant in six of the company's properties, paid rent and interest of $0.2 million during the first quarter of 2025. The operator is currently exploring strategic alternatives, including the potential sale of hospitals within its portfolio.

Furthermore, the company's board of directors declared a quarterly common stock dividend of $0.47 per share, payable on May 23, 2025, to stockholders of record on May 9, 2025. As of March 31, 2025, the company had investments of approximately $1.2 billion in 201 real estate properties, totaling around 4.5 million square feet across 36 states.

It's worth noting that the company did not issue any shares under its at-the-market offering program during the first quarter of 2025.

For additional details on the company's operations and financial performance, interested parties can visit www.chct.reit or contact the company directly.

This press release showcases the company's strategic property acquisitions and disposals, as well as its focus on delivering value to its shareholders through dividends and prudent financial management. Today the company's shares have moved 1.6% to a price of $16.26. For more information, read the company's full 8-K submission here.

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