American Healthcare REIT (AHR) to Release Quarterly Earnings on Tuesday

American Healthcare REIT (NYSE:AHR) is scheduled to announce its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $26.08 on Friday. The stock has a fifty day moving average price of $24.85 and a 200 day moving average price of $18.94. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.60. American Healthcare REIT has a 1-year low of $12.63 and a 1-year high of $27.21.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Friday, September 20th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date was Friday, September 20th.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AHR. Bank of America lifted their price objective on American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. JMP Securities lifted their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a report on Friday, September 20th. Truist Financial boosted their price objective on American Healthcare REIT from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Morgan Stanley increased their target price on American Healthcare REIT from $17.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Finally, KeyCorp raised their price target on American Healthcare REIT from $16.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, September 16th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.00.

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.