Community Healthcare Trust (CHCT) Q3 2026 Earnings

Community Healthcare Trust posted a solid third quarter of 2026, with revenue of $32.44 million beating consensus estimates of $31.53 million by 2.88% and rising 5.3% from a year earlier, while adjusted FFO per diluted share came in at $0.54, compared with $0.09 per share on a GAAP basis after a $1.04 million loss on sale and impairment of real estate assets weighed on reported results. The quarter reflected measurable progress on the company's Strategic Plan, with leased occupancy ticking up to 90.1% from 89.8% sequentially and general and administrative expenses falling $700,000, helped by roughly $900,000 of lower deferred compensation costs versus the prior quarter. Capital recycling accelerated, with two post-quarter property sales generating approximately $31.50 million in proceeds intended to fund Section 1031 like-kind exchange acquisitions, supporting a pipeline of four properties under definitive purchase agreements totaling roughly $99.00 million at expected returns of 9.1% to 9.75%, with the first closing expected in the fourth quarter of 2026. The board held its quarterly dividend steady at $0.33 per share, while net debt to total capitalization stood at 43.6%.