American Healthcare REIT (NYSE:AHR - Get Free Report) is set to post its quarterly earnings results after the market closes on Monday, May 13th. Analysts expect American Healthcare REIT to post earnings of $0.31 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
American Healthcare REIT Price Performance
American Healthcare REIT stock traded up $0.26 during midday trading on Monday, hitting $14.00. The company's stock had a trading volume of 540,319 shares, compared to its average volume of 875,950. American Healthcare REIT has a 1-year low of $12.63 and a 1-year high of $14.90. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.94. The company has a 50-day simple moving average of $13.79.
American Healthcare REIT Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 28th were paid a $0.25 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.00 annualized dividend and a dividend yield of 7.15%.
Insider Activity at American Healthcare REIT
In other American Healthcare REIT news, Director Mathieu B. Streiff acquired 83,333 shares of American Healthcare REIT stock in a transaction that occurred on Friday, February 9th. The stock was acquired at an average cost of $12.00 per share, for a total transaction of $999,996.00. Following the purchase, the director now owns 90,740 shares of the company's stock, valued at $1,088,880. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Analyst Ratings Changes
Several research firms recently weighed in on AHR. Barclays assumed coverage on American Healthcare REIT in a report on Thursday, March 14th. They set an "overweight" rating and a $18.00 price objective on the stock. KeyCorp initiated coverage on shares of American Healthcare REIT in a research note on Monday, March 4th. They issued an "overweight" rating and a $16.00 price objective on the stock. JMP Securities reissued a "market outperform" rating and issued a $16.00 price objective on shares of American Healthcare REIT in a research note on Monday, March 25th. Truist Financial reduced their price objective on shares of American Healthcare REIT from $17.00 to $16.00 and set a "buy" rating on the stock in a research note on Wednesday, April 3rd. Finally, Morgan Stanley assumed coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set an "overweight" rating and a $17.00 price target on the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $15.88.
Get Our Latest Stock Analysis on American Healthcare REIT
About American Healthcare REIT
(
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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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