American Healthcare REIT, Inc. (NYSE:AHR) Given Average Recommendation of "Buy" by Analysts

Key Points

• American Healthcare REIT, Inc. has received a consensus rating of "Buy" from analysts, with an average 12-month price target of $45.00.
• Vanguard Group recently increased its stake in American Healthcare REIT by 22.4%, now owning over 18 million shares valued at approximately $569 million.
• The company announced a quarterly dividend of $0.25 per share, reflecting a 2.3% yield based on the annualized payout.

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) has been assigned a consensus rating of "Buy" from the thirteen research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, ten have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $45.00.

A number of brokerages recently commented on AHR. Royal Bank Of Canada lifted their price objective on American Healthcare REIT from $39.00 to $45.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. KeyCorp lifted their price objective on American Healthcare REIT from $40.00 to $43.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 14th. Weiss Ratings reiterated a "hold (c)" rating on shares of American Healthcare REIT in a research report on Friday. UBS Group began coverage on American Healthcare REIT in a research report on Friday, September 19th. They issued a "buy" rating and a $51.00 price objective for the company. Finally, Robert W. Baird began coverage on American Healthcare REIT in a research report on Friday, July 18th. They issued an "outperform" rating and a $41.00 price objective for the company.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the firm'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 transaction, the executive vice president owned 59,100 shares in the company, valued at approximately $2,475,699. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.92% of the company's stock.

Hedge Funds Weigh In On American Healthcare REIT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in American Healthcare REIT by 22.4% during the first quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company's stock worth $569,494,000 after buying an additional 3,437,861 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in American Healthcare REIT by 1.1% during the first quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company's stock worth $374,923,000 after buying an additional 134,822 shares during the last quarter. State Street Corp boosted its holdings in American Healthcare REIT by 6.5% during the second quarter. State Street Corp now owns 6,902,944 shares of the company's stock worth $255,289,000 after buying an additional 422,931 shares during the last quarter. Invesco Ltd. boosted its holdings in American Healthcare REIT by 15.9% during the second quarter. Invesco Ltd. now owns 5,820,530 shares of the company's stock worth $213,846,000 after buying an additional 798,075 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in American Healthcare REIT by 16.7% during the second quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company's stock worth $195,415,000 after buying an additional 759,501 shares during the last quarter. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

American Healthcare REIT stock opened at $44.28 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. The stock has a fifty day moving average price of $42.19 and a two-hundred day moving average price of $37.58. American Healthcare REIT has a 52-week low of $24.21 and a 52-week high of $44.59. The firm has a market capitalization of $7.46 billion, a P/E ratio of -201.25, a P/E/G ratio of 2.17 and a beta of 0.98.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The firm had revenue of $542.50 million during the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The company's revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. As a group, analysts anticipate that American Healthcare REIT will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. 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.

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