Regional Health Properties, Inc. is a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions. Regional currently owns, leases or manages for third parties 24 facilities (12 of which are owned by Regional, nine of which are leased by Regional and three of which are managed by Regional for third parties).
Company profile
Ticker
RHE
Exchange
Website
CEO
Brent Steven Morrison
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ADCARE HEALTH SYSTEMS INC, ADCARE HEALTH SYSTEMS, INC
SEC CIK
Corporate docs
Subsidiaries
2014 HUD Master Tenant, LLC • AdCare Acquisition, Inc. • AdCare Management, Inc. • ADK Administrative Property, LLC • ADK Bonterra/Parkview, LLC • ADK Georgia, LLC • ADK Powder Springs Operator, LLC • APH&R Nursing, LLC • APH&R Property Holdings, LLC • AdCare Administrative Services, LLC ...
IRS number
311332119
RHE stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
19 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
S-8
Registration of securities for employees
26 Feb 24
8-K
Departure of Directors or Certain Officers
20 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
ARS
2022 FY
Annual report to shareholders
3 Oct 23
DEFA14A
Additional proxy soliciting materials
3 Oct 23
DEF 14A
Definitive proxy
3 Oct 23
10-Q
2023 Q2
Quarterly report
18 Aug 23
NT 10-Q
Notice of late quarterly filing
14 Aug 23
Latest ownership filings
4
Brent Morrison
3 Jan 24
4
Brent Morrison
31 Aug 23
4
Paul Jason O'sullivan
28 Aug 23
SC 13D/A
Frischer Charles L
21 Jun 23
3
Paul Jason O'sullivan
5 Apr 23
3
STEVEN L MARTIN
17 Mar 23
SC 13D/A
Frischer Charles L
1 Mar 23
3
KENNETH S GROSSMAN
24 Feb 23
4
Brent Morrison
26 Jan 23
4
Charles L Frischer
18 Jan 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.64 mm | 4.64 mm | 4.64 mm | 4.64 mm | 4.64 mm | 4.64 mm |
Cash burn (monthly) | 76.67 k | 63.50 k | 134.67 k | 327.42 k | (no burn) | (no burn) |
Cash used (since last report) | 511.83 k | 423.93 k | 899.04 k | 2.19 mm | n/a | n/a |
Cash remaining | 4.12 mm | 4.21 mm | 3.74 mm | 2.45 mm | n/a | n/a |
Runway (months of cash) | 53.8 | 66.3 | 27.7 | 7.5 | n/a | n/a |
Institutional ownership, Q2 2023
5.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 13 |
Opened positions | 1 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 208.91 mm |
Total shares | 91.33 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Susquehanna International | 22.54 k | $81.13 mm |
Renaissance Technologies | 21.20 k | $76.00 k |
Geode Capital Management | 11.71 k | $42.15 mm |
Two Sigma Securities | 11.24 k | $40.48 mm |
Frischer Charles L | 11.00 k | $38.00 k |
Vanguard | 10.50 k | $37.80 mm |
Clear Street Markets | 1.00 k | $2.00 k |
BLK Blackrock | 885.00 | $3.19 mm |
Tower Research Capital | 701.00 | $2.52 mm |
FMR | 213.00 | $768.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Brent Morrison | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 2.03 | 24,000 | 48.72 k | 24,000 |
30 Aug 23 | Brent Morrison | Common Stock | Buy | Acquire P | Yes | No | 2.75 | 1,020 | 2.81 k | 2,272 |
29 Aug 23 | Brent Morrison | Common Stock | Buy | Acquire P | Yes | No | 2.71 | 37 | 100.27 | 1,252 |
28 Aug 23 | Brent Morrison | Common Stock | Buy | Acquire P | Yes | No | 2.75 | 268 | 737.00 | 1,215 |
25 Aug 23 | Brent Morrison | Common Stock | Buy | Acquire P | Yes | No | 2.66 | 947 | 2.52 k | 947 |
25 Aug 23 | Paul Jason O'sullivan | Common Stock | Buy | Acquire P | Yes | No | 2.69 | 1,000 | 2.69 k | 13,500 |
24 Aug 23 | Paul Jason O'sullivan | Common Stock | Buy | Acquire P | Yes | No | 2.81 | 2,500 | 7.03 k | 12,500 |