American Healthcare REIT (AHR) Set to Announce Earnings on Tuesday

American Healthcare REIT (NYSE:AHR - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect American Healthcare REIT to post earnings of $0.32 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.28). The business had revenue of $504.60 million for the quarter, compared to analysts' expectations of $506.55 million. American Healthcare REIT had a negative net margin of 1.99% and a negative return on equity of 2.20%. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, analysts expect American Healthcare REIT to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Healthcare REIT Price Performance

American Healthcare REIT stock traded up $0.14 during mid-day trading on Tuesday, reaching $25.81. 1,014,890 shares of the company's stock traded hands, compared to its average volume of 1,437,181. The stock has a 50 day moving average of $24.45 and a two-hundred day moving average of $18.63. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.29 and a quick ratio of 0.29. American Healthcare REIT has a 12-month low of $12.63 and a 12-month high of $27.21.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Friday, September 20th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Friday, September 20th.

Analyst Ratings Changes

A number of research firms recently issued reports on AHR. JMP Securities upped their price target on shares of American Healthcare REIT from $18.00 to $30.00 and gave the company a "market outperform" rating in a research note on Friday, September 20th. Morgan Stanley increased their target price on shares of American Healthcare REIT from $17.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday, August 22nd. Bank of America increased their target price on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a research note on Tuesday, September 24th. Truist Financial increased their target price on shares of American Healthcare REIT from $22.00 to $27.00 and gave the company a "buy" rating in a research note on Friday, September 20th. Finally, 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. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.00.

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.