RHE

Regional Health Properties
RHE

$2.05
0%

Market Cap: 3.77M

 

About: Regional Health Properties Inc is a self-managed healthcare real estate investment company that invests in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions. It has two reportable segments real estate segment and the healthcare services segment. It derives the majority of its revenue from the healthcare services segment. Its portfolio of properties is diversified across various states, with concentrations in Georgia and Ohio.

Employees: 7

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

21% more capital invested

Capital invested by funds: $38.7K [Q4 2023] → $46.9K (+$8.26K) [Q1 2024]

0% more funds holding

Funds holding: 7 [Q4 2023] → 7 (+0) [Q1 2024]

0% less ownership

Funds ownership: 1.02% [Q4 2023] → 1.02% (-0%) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

Research analyst outlook

We haven’t received any recent analyst ratings for RHE.

Financial journalist opinion

Neutral
GlobeNewsWire
3 months ago
Regional Health Properties Reports Fourth Quarter and Full Year 2023 Financial Results
Collected 93% of Contractual Rent[ 1] Strong Operator Rent Coverage ATLANTA, GA, April 08, 2024 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (the “Company,” “Regional Health,” “we”, “us” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. FOURTH QUARTER 2023 FINANCIAL   · Generated $0.2 million of income from operations in the fourth quarter of 2023, compared to a loss from operations of $3.0 million in the fourth quarter of 2022   · Reduced net loss per share of common stock to $0.13 in the fourth quarter of 2023, compared to $2.54 for the fourth quarter of 2022   · Generated $1.8 million of Adjusted EBITDA[ 2] in the fourth quarter of 2023, compared to $0.6 million in the fourth quarter of 2022 FULL YEAR 2023 FINANCIAL HIGHLIGHTS   · Reduced loss from operations from $0.8 million in fiscal year 2023 to a loss of $6.8 million in 2022   · Increased net income per share of common stock to $21.05 in fiscal year 2023 as compared to a loss of $8.93 in fiscal year 2022   · Generated $4.2 million of Adjusted EBITDA in fiscal year 2023, compared to in $2.4 million fiscal year 2022   · Collected 93% of contractual rent as of December 31, 2023 FULL YEAR 2023 BUSINESS HIGHLIGHTS   · In June 2023, Regional Health completed its offer to exchange any and all shares of its Series A Preferred Stock for shares of its Series B Preferred Stock (the "Exchange Offer").
Regional Health Properties Reports Fourth Quarter and Full Year 2023 Financial Results