American Healthcare REIT, Inc. (NYSE:AHR) Receives $26.00 Average PT from Analysts

Shares of American Healthcare REIT, Inc. (NYSE:AHRGet Free Report) have received a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $26.00.

Several analysts recently issued reports on AHR shares. Royal Bank of Canada lifted their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Morgan Stanley lifted their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Colliers Securities upgraded shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Finally, Truist Financial raised their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, November 15th.

View Our Latest Stock Report on American Healthcare REIT

Hedge Funds Weigh In On American Healthcare REIT

Institutional investors have recently modified their holdings of the business. Diversify Advisory Services LLC raised its position in American Healthcare REIT by 1.3% in the fourth quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock worth $955,000 after acquiring an additional 436 shares during the period. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 104.1% during the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the period. Janney Montgomery Scott LLC increased its position in American Healthcare REIT by 4.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock worth $395,000 after buying an additional 533 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of American Healthcare REIT by 34.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company’s stock valued at $66,000 after buying an additional 654 shares during the last quarter. Finally, Fiduciary Alliance LLC grew its stake in shares of American Healthcare REIT by 8.0% during the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company’s stock worth $289,000 after acquiring an additional 754 shares during the period. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $29.34 on Thursday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm’s 50-day moving average price is $28.29 and its 200-day moving average price is $24.26. The firm has a market capitalization of $4.49 billion and a P/E ratio of -61.13. American Healthcare REIT has a 1-year low of $12.63 and a 1-year high of $29.99.

American Healthcare REIT (NYSE:AHRGet Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.35). The firm had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. Equities research analysts anticipate that American Healthcare REIT will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.41%. American Healthcare REIT’s dividend payout ratio (DPR) is -208.33%.

American Healthcare REIT Company Profile

(Get Free Report

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.

Featured Articles

Analyst Recommendations for American Healthcare REIT (NYSE:AHR)

Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.