American Healthcare REIT, Inc. (NYSE:AHR) Receives Average Rating of "Moderate Buy" from Analysts

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) has received an average rating of "Moderate Buy" from the eight analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $18.38.

A number of brokerages have weighed in on AHR. JMP Securities raised their price objective on American Healthcare REIT from $16.00 to $18.00 and gave the company a "market outperform" rating in a report on Wednesday, August 7th. Bank of America lifted their price target on American Healthcare REIT from $19.00 to $27.00 and gave the stock a "buy" rating in a report on Tuesday, August 20th. Truist Financial reiterated a "buy" rating and set a $17.00 price target (up previously from $16.00) on shares of American Healthcare REIT in a report on Monday, July 1st. Finally, Morgan Stanley lifted their price target on American Healthcare REIT from $17.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday.

Get Our Latest Stock Report on AHR

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $21.01 on Monday. The stock's fifty day moving average is $16.40 and its two-hundred day moving average is $14.80. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.33 and a current ratio of 0.33. American Healthcare REIT has a fifty-two week low of $12.63 and a fifty-two week high of $21.01.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.28). The firm had revenue of $504.60 million during the quarter, compared to analysts' expectations of $506.55 million. American Healthcare REIT had a negative net margin of 2.77% and a negative return on equity of 3.26%. The business's quarterly revenue was up 7.9% on a year-over-year basis. As a group, research analysts forecast that American Healthcare REIT will post 1.2 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Thursday, June 27th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date was Thursday, June 27th.

Institutional Trading of American Healthcare REIT

Hedge funds and other institutional investors have recently modified their holdings of the business. Manning & Napier Advisors LLC acquired a new stake in shares of American Healthcare REIT during the 2nd quarter worth about $3,317,000. Quadrature Capital Ltd acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth about $914,000. Centersquare Investment Management LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth about $63,269,000. Capstone Investment Advisors LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth about $1,201,000. Finally, Sei Investments Co. acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth about $2,967,000. 16.68% of the stock is owned by institutional investors and hedge funds.

About American Healthcare REIT

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.

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