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

Shares of American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight analysts that are presently 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 analysts that have updated their coverage on the stock in the last year is $26.00.

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

American Healthcare REIT Price Performance

Shares of AHR stock traded up $0.08 during trading hours on Thursday, hitting $28.33. The company's stock had a trading volume of 428,093 shares, compared to its average volume of 1,094,768. The business has a fifty day moving average of $28.21 and a 200-day moving average of $24.01. The stock has a market cap of $4.34 billion and a price-to-earnings ratio of -59.07. American Healthcare REIT has a twelve month low of $12.63 and a twelve month high of $29.99. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. The business's quarterly revenue was up 12.8% compared to the same quarter last year. As a group, equities research analysts anticipate that American Healthcare REIT will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.53%. American Healthcare REIT's dividend payout ratio (DPR) is presently -208.33%.

Institutional Investors Weigh In On American Healthcare REIT

A number of institutional investors have recently modified their holdings of AHR. Diversify Advisory Services LLC boosted its holdings in shares of American Healthcare REIT by 1.3% in the fourth quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company's stock valued at $955,000 after acquiring an additional 436 shares in the last quarter. GAMMA Investing LLC lifted its stake 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 last quarter. Janney Montgomery Scott LLC lifted its stake in American Healthcare REIT by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock valued at $395,000 after purchasing an additional 533 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in American Healthcare REIT by 34.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company's stock valued at $66,000 after purchasing an additional 654 shares during the last quarter. Finally, Fiduciary Alliance LLC lifted its position in shares of American Healthcare REIT by 8.0% in the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company's stock valued at $289,000 after acquiring an additional 754 shares in the last quarter. Institutional investors own 16.68% of the company's stock.

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.