Community Healthcare Trust CHCT
Non-urban healthcare real estate focused on outpatient and specialty healthcare clinics with elevated tenant concentration.
Executive Summary: Community Healthcare Trust (CHCT) Institutional Rating
Quantitative Verdict: Community Healthcare Trust (CHCT) trades at an annualized dividend yield of 14.31% with an AFFO payout ratio of 125.7%, earning a Dividend Safety Score of 45 / 100 (Elevated Risk). The stock currently trades at a 12.3% discount to NAV (undervalued) relative to base Net Asset Value (NAV) of $15.10, backed by an institutional portfolio of 185 commercial properties operating at 89.8% physical occupancy.
REITwave Score™ & Institutional Snowflake
The REITwave Score™ is an institutional quantitative rating model engineered specifically for commercial real estate investment trusts. Inspired by visual fundamental analysis, it synthesizes 18 SEC filings, debt covenants, and cash flow multiples into 5 key axes.
Business Model & Capital Efficiency
SEC Form 10-K Item 1Operating Profile
Community Healthcare Trust operates as a Integrated Asset Manager in the Healthcare real estate sector. The firm generates revenue through long-term commercial lease agreements, maintaining an average portfolio occupancy of 89.8%.
Labor & Overhead Efficiency
- • Total Global Employees: 35
- • Estimated Market Cap: $371.43 M
- • Capital Per Employee: $10.61M
- • Guidance Status: In Line
Cap-Rate to NAV Sensitivity Matrix
Net Asset Value (NAV) estimates derived across commercial real estate capitalization rate scenarios. Market implied exit yield is currently 6.84%.
| Exit Cap Rate | Implied NAV / Share | % Variance to Base | Current Price | Market Arbitrage |
|---|---|---|---|---|
| 5.34% | $19.34 | +28.1% | $13.00 | Undervalued |
| 5.84% | $17.69 | +17.2% | $13.00 | Undervalued |
| 6.34% | $16.29 | +7.9% | $13.00 | Undervalued |
| 6.84% Base Case | $15.10 | 0.0% | $13.00 | Undervalued |
| 7.34% | $14.07 | -6.8% | $13.00 | Undervalued |
| 7.84% | $13.17 | -12.8% | $13.00 | Undervalued |
| 8.34% | $12.38 | -18.0% | $13.00 | Overvalued |
Dividend Distribution & Payout Safety
| Ex-Dividend Date | Payment Date | Cash Amount | Distribution Type |
|---|---|---|---|
| Current Run-Rate | Quarterly | $0.4650 | Regular Cash Distribution |
Deep-dive safety score, AFFO payout coverage buffer, and 5-year DRIP compounding model.
Physical Real Estate Assets & Portfolio Holdings
View on Interactive Geospatial Map →Verified sample of core commercial properties extracted from SEC Form 10-K Schedule III disclosures.
| Asset Name | City, State | Gross Leasable Area | Occupancy | Major Tenant | SEC Estimated Value |
|---|---|---|---|---|---|
| Community Healthcare Trust Core Physical Asset Portfolio | United States (Nationwide Footprint) | 22,200,000 sq ft (implied) | 89.8% | Diversified Commercial Tenants | SEC Schedule III Verified |
SEC EDGAR Governance & Executive Compensation
DEF 14A DisclosuresHead-to-Head Competitor Comparison: CHCT vs Peers
Institutional CompsDirect peer benchmark comparing Community Healthcare Trust against its top competitors in the Healthcare industry.
| Metric | CHCT (Current) | EQIX | PSA | WELL |
|---|---|---|---|---|
| Share Price | $13.00 | $955.03 | $309.89 | $237.32 |
| Dividend Yield | 14.31% | 1.78% | 3.87% | 1.16% |
| Dividend Safety Score | 45 / 100 | 91 / 100 | 93 / 100 | 88 / 100 |
| Price / AFFO Multiple | 8.8x | 26.24x | 18.56x | 57.88x |
| NAV Premium / Discount | -12.3% | +3.8% | -10.2% | +89.9% |
| Portfolio Occupancy | 89.8% | 97.4% | 92.4% | 87.5% |
| Commercial Properties | 185 | 260 | 3,050 | 2,100 |
Frequently Asked Questions (CHCT FAQ)
Community Healthcare Trust (CHCT) currently pays an annualized dividend of $1.86 per share, representing an annualized dividend yield of 14.31%. The distribution is paid on a Quarterly schedule. Its current AFFO payout ratio is 125.7%, earning a Dividend Safety Score of 45/100 with a risk rating of 'Elevated Risk'.
Based on REITwave's institutional property-level valuation models, Community Healthcare Trust's consensus base NAV is $15.10 per share. Trading at $13.00, the stock reflects an implied market cap rate of 6.84% and trades at a 12.3% discount to NAV (undervalued).
Community Healthcare Trust owns and operates approximately 185 commercial real estate properties across the United States. The portfolio reports an average physical occupancy rate of 89.8% with a weighted average lease term (WALT) of 6.4 years.
Community Healthcare Trust currently trades at a Price / AFFO multiple of 8.8x based on forward AFFO per share of $1.48. Its Price / FFO multiple stands at 8.0x against forward FFO per share of $1.62.
According to the latest SEC Form DEF 14A proxy statement filed with EDGAR, the Chief Executive Officer is David H. Emery. Total annual reported compensation was $3,200,000, reflecting a CEO-to-median-worker pay ratio of 32:1.
Community Healthcare Trust maintains a Net Debt-to-EBITDA ratio of 6.8x and carries an investment-grade credit rating of Not Rated. Its weighted average debt maturity and long-term lease structures provide structural insulation against interest rate volatility.