American Healthcare REIT, Inc. (NYSE:AHR) Stock Has Consensus Target Price of $62.00 According to Analysts

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have received a consensus recommendation of “Buy” from the fifteen research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $62.00.

A number of research analysts have recently commented on AHR shares. Raymond James Financial assumed coverage on shares of American Healthcare REIT in a research report on Tuesday, October 13th. They set a “strong-buy” rating and a $62.00 price target for the company. Royal Bank Of Canada increased their price objective on American Healthcare REIT from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a research note on Monday, September 14th. Compass Point began coverage on American Healthcare REIT in a research report on Tuesday, July 21st. They set a “buy” rating and a $70.00 target price for the company. Finally, Citizens Jmp upped their target price on American Healthcare REIT from $60.00 to $65.00 and gave the stock a “market outperform” rating in a research note on Monday, July 27th.

Insider Activity at American Healthcare REIT

In other news, EVP Mark Foster sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $55.39, for a total transaction of $110,780.00. Following the completion of the transaction, the executive vice president owned 51,617 shares of the company’s stock, valued at approximately $2,859,065.63. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On American Healthcare REIT

A number of institutional investors and hedge funds have recently bought and sold shares of AHR. Outlook Capital Management LLC purchased a new stake in American Healthcare REIT in the second quarter worth approximately $25,000. Manning & Napier Advisors LLC bought a new position in American Healthcare REIT during the first quarter valued at approximately $26,000. Covestor Ltd raised its stake in shares of American Healthcare REIT by 297.8% during the third quarter. Covestor Ltd now owns 720 shares of the company’s stock worth $37,000 after acquiring an additional 539 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of American Healthcare REIT by 193.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,032 shares of the company’s stock worth $49,000 after acquiring an additional 680 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in shares of American Healthcare REIT in the 3rd quarter worth approximately $53,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Price Performance

AHR stock opened at $54.90 on Wednesday. The firm has a 50 day moving average of $53.09 and a 200-day moving average of $51.51. The firm has a market capitalization of $11.97 billion, a P/E ratio of 80.74, a price-to-earnings-growth ratio of 1.31 and a beta of 0.78. American Healthcare REIT has a 12 month low of $44.81 and a 12 month high of $58.70. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.24.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The business had revenue of $674.25 million for the quarter, compared to analyst estimates of $645.30 million. During the same quarter in the prior year, the firm posted $0.42 EPS. American Healthcare REIT’s revenue was up 24.3% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, sell-side analysts predict that American Healthcare REIT will post 2.19 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, September 30th. American Healthcare REIT’s dividend payout ratio (DPR) is 147.06%.

About American Healthcare REIT

American Healthcare REIT, Inc is a self-managed real estate investment trust focused on owning and operating healthcare-related properties. The company provides real estate infrastructure for healthcare providers and senior-care operators through a diversified portfolio of properties serving patients, residents, and medical professionals.

Its investments include outpatient medical office buildings, integrated senior health campuses, skilled nursing facilities, senior housing communities, and other healthcare facilities.