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

Shares of American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) have been given an average rating of "Moderate Buy" by the eight brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $25.13.

A number of brokerages have recently weighed in on AHR. Royal Bank of Canada boosted their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. Bank of America raised their price target on American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. Morgan Stanley raised their target price on American Healthcare REIT from $17.00 to $22.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. KeyCorp upped their price target on American Healthcare REIT from $16.00 to $27.00 and gave the stock an "overweight" rating in a report on Monday, September 16th. Finally, JMP Securities raised their price objective on shares of American Healthcare REIT from $18.00 to $30.00 and gave the stock a "market outperform" rating in a research note on Friday, September 20th.

American Healthcare REIT Stock Down 0.3 %

Shares of AHR stock traded down $0.10 on Wednesday, hitting $28.80. The company's stock had a trading volume of 551,711 shares, compared to its average volume of 1,516,538. The stock has a market capitalization of $4.41 billion and a price-to-earnings ratio of -60.21. American Healthcare REIT has a fifty-two week low of $12.63 and a fifty-two week high of $29.99. The firm's fifty day moving average price is $26.39 and its 200-day moving average price is $20.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released 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). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The company had revenue of $523.81 million for the quarter, compared to the consensus estimate of $474.26 million. The company's revenue was up 12.8% on a year-over-year basis. Research analysts anticipate that American Healthcare REIT will post 1.42 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were given a dividend of $0.25 per share. The ex-dividend date was Friday, September 20th. This represents a $1.00 annualized dividend and a dividend yield of 3.47%. American Healthcare REIT's dividend payout ratio (DPR) is currently -208.33%.

Institutional Investors Weigh In On American Healthcare REIT

Large investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of American Healthcare REIT during the third quarter worth approximately $28,000. Kozak & Associates Inc. bought a new stake in shares of American Healthcare REIT during the third quarter worth $28,000. Quarry LP bought a new position in shares of American Healthcare REIT in the third quarter valued at about $33,000. Tidemark LLC acquired a new stake in American Healthcare REIT in the 3rd quarter valued at about $44,000. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of American Healthcare REIT during the third quarter worth approximately $45,000. 16.68% of the stock is currently owned by institutional investors.

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.