Companies /Real Estate

Community Healthcare Trust Inc

NYSE: CHCT Reit - Healthcare Facilities
$15.00
▲ $0.10 (+0.67%) today
Markets closed · 6:14am ET

Q1 2026 Earnings

Reported May 5, 2026, 4:17pm ET · SEC source
$0.07
Miss −30.00%
EPS · est. $0.10
$31.5M
Beat +1.14%
Revenue · est. $31.2M
−1.4%
Trailing market
CHCT vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+2%May 5May 6report 4:17pm ETearnings+1.4%−0.7%
0+2%May 5May 6earnings+1.4%−0.7%
CHCT −0.7%S&P 500 +1.4%
0+2%May 5May 6report 4:17pm ETearnings+2.3%−0.7%
0+2%May 5May 6earnings+2.3%−0.7%
CHCT −0.7%NASDAQ +2.3%
−3%0+3%May 4May 13report 4:17pm ETearnings+2.5%−3.6%
−3%0+3%May 4May 13earnings+2.5%−3.6%
CHCT −3.6%S&P 500 +2.5%
−3%0+3%May 4May 13report 4:17pm ETearnings+4.8%−3.6%
−3%0+3%May 4May 13earnings+4.8%−3.6%
CHCT −3.6%NASDAQ +4.8%
−0.74%
Day of report
+0.97%
Next session
−2.91%
One week
−0.69%
30 days

S&P 500 over the same 30 days: +0.73%.

Did CHCT Beat Earnings? Q1 2026 Results

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.

Key Takeaways
  • 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

Forward Guidance & Outlook

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

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$9.0M$18.0M$27.0M$30.1M$31.5MRevenue$1.6M$2.5MNet Income$7.9M$9.4MOperating Income
$0$9.0M$18.0M$27.0MRevenueNet IncomeOperating Income

Figures from SEC filings and company reports. Not investment advice.