Community Healthcare Trust (CHCT) Q1 2026 Earnings
How Did CHCT Stock React to Q1 2026 Earnings?
S&P 500 over the same 30 days: +0.73%.
Did CHCT Beat Earnings? Q1 2026 Results
No. Community Healthcare Trust reported Q1 2026 earnings of $0.07 a share on May 5, 2026, missing the $0.10 consensus estimate by 30.0%. Revenue was $31.5M against a $31.2M estimate.
Community Healthcare Trust delivered a mixed first quarter for 2026, posting GAAP earnings of $0.07 per diluted share, falling 30% short of the $0.10 consensus estimate, even as revenue edged ahead of expectations. Total revenues reached $31.52 million, a 4.8% increase from $30.08 million a year ago and marginally above the $31.17 million analyst forecast, driven largely by rental income climbing to $31.27 million on the back of recent acquisitions, including a $28.50 million inpatient rehabilitation facility in Pinellas Park, Florida. The headline EPS shortfall was tempered by improving non-GAAP metrics, with FFO per diluted share rising to $0.49 from $0.47 and Net Operating Income reaching $25.16 million. A lingering drag remains the geriatric behavioral hospital tenant, which paid only $300,000 in rent during the quarter, though a potential sale of that operator's business to a behavioral healthcare provider is advancing through due diligence. Looking ahead, the company has four properties under purchase agreements totaling roughly $99.00 million in expected acquisitions, with anticipated returns of 9.1% to 9.75%, slated to close across 2026 and 2027.
- Acquisition of Nobis Rehabilitation Hospital in Florida for $28.5 million with 100% occupancy and 9.3% expected return
- Rental income growth to $31.3 million from $29.7 million year-over-year
- NOI increased to $25.2 million from $24.0 million year-over-year
- AFFO per diluted share improved to $0.56 from $0.55 year-over-year
What Was Community Healthcare Trust's Outlook in Q1 2026?
The company has four properties under definitive purchase agreements to be acquired after completion and occupancy for an aggregate expected purchase price of approximately $99.0 million, with expected returns of approximately 9.1% to 9.75%. Closings are anticipated throughout 2026 and 2027, though timing and certainty are not assured. A potential sale of the geriatric behavioral hospital tenant's business to a behavioral healthcare provider is progressing through due diligence and document drafting, including new leases on six CHCT-owned hospitals, but the company cannot provide assurance regarding timing or certainty of closing.
CHCT YoY Financials
| Metric | Q1 2026 | Q1 2025 | Year over year |
|---|---|---|---|
| Revenue | $31.5M | $30.1M | +4.8% |
| Net Income | $2.5M | $1.6M | +60.2% |
| Operating Income | $9.4M | $7.9M | +18.3% |
Figures from SEC filings and company reports. Not investment advice.