American Healthcare REIT, Inc. (NYSE:AHR) Receives $44.11 Consensus Target Price from Brokerages

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have been assigned an average recommendation of “Buy” from the twelve brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $44.1111.

Several research analysts recently issued reports on AHR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Healthcare REIT in a research report on Saturday, September 27th. JMP Securities lifted their price objective on American Healthcare REIT from $40.00 to $45.00 and gave the stock a “market outperform” rating in a research note on Monday, August 11th. UBS Group assumed coverage on American Healthcare REIT in a report on Friday, September 19th. They issued a “buy” rating and a $51.00 target price on the stock. Robert W. Baird assumed coverage on shares of American Healthcare REIT in a report on Friday, July 18th. They set an “outperform” rating and a $41.00 price target for the company. Finally, KeyCorp upped their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, June 11th.

Insider Activity

In related news, EVP Mark E. Foster sold 3,850 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the sale, the executive vice president owned 59,100 shares in the company, valued at $2,475,699. This represents a 6.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of AHR. Cambridge Financial Group LLC acquired a new stake in American Healthcare REIT in the third quarter worth $504,000. GAMMA Investing LLC boosted its position in shares of American Healthcare REIT by 19.6% during the 3rd quarter. GAMMA Investing LLC now owns 2,053 shares of the company’s stock worth $86,000 after purchasing an additional 337 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of American Healthcare REIT by 10.9% in the 2nd quarter. Corient Private Wealth LLC now owns 8,909 shares of the company’s stock valued at $327,000 after buying an additional 876 shares during the period. Total Investment Management Inc. bought a new stake in American Healthcare REIT in the 2nd quarter valued at about $32,000. Finally, Centaurus Financial Inc. increased its position in American Healthcare REIT by 18.6% in the 2nd quarter. Centaurus Financial Inc. now owns 5,157 shares of the company’s stock valued at $189,000 after buying an additional 809 shares in the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Stock Performance

American Healthcare REIT stock opened at $41.02 on Tuesday. The business has a 50 day moving average of $41.51 and a 200-day moving average of $36.48. The company has a market capitalization of $6.91 billion, a P/E ratio of -186.45, a P/E/G ratio of 2.10 and a beta of 0.98. American Healthcare REIT has a 1 year low of $23.66 and a 1 year high of $43.52. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $542.50 million for the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, equities research analysts predict that American Healthcare REIT will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. American Healthcare REIT’s dividend payout ratio (DPR) is -454.55%.

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.