American Healthcare REIT, Inc. Declares Quarterly Dividend of $0.25 (NYSE:AHR)

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) announced a quarterly dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.25 per share on Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Monday, March 31st.

American Healthcare REIT Stock Up 2.9 %

Shares of AHR traded up $0.86 on Monday, hitting $30.47. 2,108,341 shares of the stock traded hands, compared to its average volume of 1,636,536. American Healthcare REIT has a one year low of $12.81 and a one year high of $30.97. The company has a market capitalization of $4.80 billion and a PE ratio of -63.48. The business has a 50 day simple moving average of $28.75 and a 200 day simple moving average of $27.34. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

Analysts Set New Price Targets

Several equities research analysts recently commented on AHR shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Morgan Stanley raised their price target 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. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a report on Tuesday, March 4th. Finally, Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, American Healthcare REIT has an average rating of "Buy" and an average price target of $30.83.

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American Healthcare REIT Company Profile

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.