Community Healthcare Trust (CHCT)
Acquires small outpatient, behavioral, and rehabilitation properties in secondary and rural U.S. markets.
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Owns and leases healthcare real estate to outpatient, behavioral, and rehabilitation operators across secondary and rural U.S. markets, targeting off-market deals too small for larger healthcare REITs and too large for local investors. Rental income comes from long-term leases with hundreds of properties spread across dozens of states, self-managed since its 2015 listing.
Buys and leases healthcare real estate to outpatient, behavioral, and rehabilitation providers in secondary and rural U.S. submarkets larger healthcare landlords tend to skip, sourcing deals off-market and self-managing the portfolio rather than outsourcing to an external advisor.
The roughly 200-property portfolio spans dozens of states, weighted toward medical office buildings alongside inpatient rehabilitation and behavioral-health facilities, with most space under lease to healthcare operators on multi-year terms.
Senior executives have taken the bulk of their pay in restricted stock subject to eight-year cliff vesting since the 2015 listing, tying leadership compensation to sustained share performance.
A small group of tenants and a few states account for an outsized share of rent, so a single operator's financial distress can weigh on receivables and reserves for several quarters.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Piper Sandler | Reiterate | Rating: —Target: $20 | Target: $17 |
| Jul 21, 2026 | Piper Sandler | Reiterate | Rating: —Target: $19 | Target: $20 |
| Feb 19, 2026 | Evercore ISI | Target | Target: $18 | Target: $17 |
| Jan 20, 2026 | Truist Financial | Target | Target: $19 | Target: $20 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.7M · Total debt $564.5M · Total assets $1.00B · Shareholders' equity $414.2M
- Revenue
- $31.2M
- Operating income
- $9.7M
- Net income
- $2.4M
HistoryDividendAnnual yield
| Institutions | 82.28% | 23.58M shares | |
|---|---|---|---|
| 175 holders · as of Jun 30, 2026 | |||
| Insiders | 6.81% | 1.95M shares | |
| 9 holders · as of Aug 18, 2026 | |||
| Strategic holders | 2.88% | 825.6K shares | |
| 1 holder · as of Feb 16, 2021 | |||
| Other | 8.03% | 2.30M shares | |
| remainder | |||
28.65M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.21% | 2.64M | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 7.18% | 2.06M | as of Jun 30, 2026 |
Global X Management CO LLCInstitution | 6.94% | 1.99M | filed May 15, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.09% | 1.46M | as of Jun 30, 2026 |
Systematic Financial Management LPInstitution | 4.13% | 1.18M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | David H. Dupuy | director, officer: CEO and President | +10,000 | $15.13 |
| Aug 11, 2026 | Robert Z. Hensley | director | +8,000 | $15.21 |
| Nov 4, 2025 | Cathrine Cotman | director | +4,000 | $14.66 |
- Healthcare Realty
Largest pure-play MOB REIT; founder link, but institutional deal scale
- Healthpeak Properties
Much larger diversified outpatient medical, lab, and CCRC REIT
- Universal Health Realty Income Trust
UHS-advised small-cap peer; heavy MOB overlap, external management
- Medical Properties Trust
Large hospital/behavioral REIT stabilizing post-tenant-bankruptcy
- Sabra Health Care REIT
Behavioral-health overlap only; core business is skilled nursing
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Community Healthcare Trust | $14.55 | +1.18% | $410.9M | 21.4 | 35.5 | 3.3 | +2.8% |
| Healthcare Realty | $18.25 | −0.14% | $6.41B | — | 317.2 | 5.6 | −1.8% |
| Healthpeak Properties | $20.65 | −0.36% | $14.28B | 59.2 | 104.3 | 4.8 | +10.5% |
| Universal Health Realty Income Trust | $39.11 | +0.20% | $541.6M | 27.9 | — | 3.6 | +0.5% |
| Medical Properties Trust | $3.59 | −1.78% | $2.18B | — | 154.7 | 2.1 | +7.9% |
| Sabra Health Care REIT | $19.89 | +0.10% | $5.01B | 75.7 | 27.4 | 5.8 | +24.7% |
| Median | 59.2 | 129.5 | 4.8 | +7.9% |