Healthcare Trust, Inc. (HTIA)

Healthcare Trust, Inc. (NASDAQ: HTIA - Get Free Report)'s share price was up 0.1% during trading on Thursday. The stock traded as high as $19.0690 and last traded at $19.01. Approximately 1,007 shares were traded during trading, a decline of 92% from the average daily volume of 12,514 shares. The stock had previously closed at

Shares of Healthcare Trust, Inc. (NASDAQ: HTIA - Get Free Report) rose 0.6% on Tuesday. The company traded as high as $19.28 and last traded at $19.16. Approximately 4,004 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 12,514 shares. The stock had previously closed at $19.05. Healthcare

NEW YORK--(BUSINESS WIRE)--National Healthcare Properties, Inc. (Nasdaq: HTIA / HTIBP) (formerly known as Healthcare Trust, Inc.) (“NHP”) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) at an annualized rate of $1.84375 per share or $0.4609375 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferre.

Healthcare Trust Inc. is transitioning to self-management, internalizing functions, and rebranding to National Healthcare Properties, effective September 27, 2024. HTI faces significant cash outflows due to termination fees and management fees payable to AR Global, impacting its balance sheet and potentially dividend safety. HTI's revenue grew 3.15% year-over-year, but expenses surged, leading to an operating loss of $100.4 million in Q2 2023.

NEW YORK--(BUSINESS WIRE)--Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that, in anticipation of a potential future listing of HTI's common stock on a national securities exchange, it has provided notice to Healthcare Trust Advisors, LLC (the “Advisor”), the external advisor to HTI, of its intent to transition to self-management and internalize management functions (the “Internalization”). The Company expects the Internalization to close no later than the fourth quarter.

NEW YORK--(BUSINESS WIRE)--Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) at an annualized rate of $1.84375 per share or $0.4609375 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the.

Healthcare Trust, Inc. 7.375% CUM RED REP PFD STK SER A (NASDAQ:HTIA ) Q4 2023 Earnings Conference Call April 5, 2024 1:00 PM ET Company Participants Michael Anderson - CEO Scott Lappetito - CFO Conference Call Participants Operator Welcome to the Fourth Quarter 2023 Healthcare Trust Inc. or HTI Webcast. All participants will be in listen-only mode.

NEW YORK--(BUSINESS WIRE)--Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) at an annualized rate of $1.84375 per share or $0.4609375 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the.

NEW YORK--(BUSINESS WIRE)--Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) at an annualized rate of $1.84375 per share or $0.4609375 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the.

Healthcare Trust, Inc. has a stronger balance sheet and a different business model than Medical Properties Trust, Inc. The Series A 7.375% Preferred stock has lost 34% of its value in 2023 and now yields 13.2%. Healthcare Trust has moderate balance sheet leverage, adequate balance sheet liquidity, and 1.6X preferred stock dividend coverage.

We believe Healthcare Trust Inc. may struggle to pay interest on its preferred stocks due to its history of burning cash and relying on debt. The company owns healthcare real estate, with different income mixes between Medical Office Buildings and Senior Housing Operating Properties. The rapid increase in the cost of debt may now pose an issue with their ability to pay dividends, as their revolvers cost more than 7% in interest.

Preferreds of the same issuer with the same terms have the same risk level. They should therefore have the same expected return. Yet there is a large gap, making a clear arbitrage opportunity.

Community Healthcare Trust (CHCT) delivered FFO and revenue surprises of 0% and 1.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

For several years, Healthcare Trust of America has been plodding slowly forward, like a healthy COW (Cash Only Wanted) REIT. In August, CEO Scott Peters resigned, amid allegations of misappropriation of company funds. The CEO vacancy still has not been filled, six months later.

Although I am a FROG (Fast Rate of Growth) hunter when it comes to REITs, I still appreciate a good COW (Cash Only Wanted). COWs are distinguished by their "safe", above-average dividend yields, and their slow pace of growth.

Healthcare Trust of America's (HTA) CEO Peter Foss on Q3 2021 Results - Earnings Call Transcript