earnings
confidence high
sentiment positive
materiality 0.75
Community Healthcare Trust Q3 AFFO $0.59/share; $9.3M acquired, $94M pipeline
Community Healthcare Trust Inc
2021-Q3 EPS reported
$0.63
revenue$67,337,000
- Net income $5.4M ($0.20/diluted); FFO $0.55, AFFO $0.59 per diluted share.
- Revenue $23.3M (+20% YoY), NOI $19.2M; portfolio 89.3% leased with 151 properties.
- Acquired 2 properties for $9.3M in Q3; post-quarter acquired 1 for $3.5M; 3 properties for $12.2M expected Q4 2021.
- Four development properties under agreement for $94M, expected returns ~10.25%, closings Q1 2022-Q2 2023.
- Quarterly dividend declared $0.4350/share, up from $0.4325 prior, payable Nov 26, 2021.