American Healthcare REIT (NYSE:AHR) Stock Price Breaks Above 50-Day Moving Average - Here's What Happened

Key Points

• American Healthcare REIT shares rose above their 50-day moving average, reaching $53.78 and last trading near $53.51, compared with a 50-day average of $53.39.
• Analyst sentiment remains positive, with a consensus “Buy” rating and a $62 price target; several firms recently raised their targets, though Weiss Ratings downgraded the stock to “Hold.”
• The company beat quarterly expectations with $0.16 earnings per share and $674.25 million in revenue, while reporting 24.3% year-over-year revenue growth. It also paid a $0.25 quarterly dividend, equivalent to a 1.9% yield.

Shares of American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $53.39 and traded as high as $53.78. American Healthcare REIT shares last traded at $53.5130, with a volume of 1,971,257 shares.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AHR. Raymond James Financial initiated coverage on American Healthcare REIT in a report on Tuesday, October 13th. They issued a "strong-buy" rating and a $62.00 price objective for the company. Citizens Jmp increased their target price on American Healthcare REIT from $60.00 to $65.00 and gave the company a "market outperform" rating in a report on Monday, July 27th. Royal Bank Of Canada raised their target price 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. Weiss Ratings cut American Healthcare REIT from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, October 6th. Finally, Truist Financial boosted their price target on American Healthcare REIT from $57.00 to $61.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, American Healthcare REIT currently has a consensus rating of "Buy" and a consensus price target of $62.00.

American Healthcare REIT Price Performance

The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of $53.39 and a 200-day simple moving average of $51.35. The firm has a market cap of $11.67 billion, a PE ratio of 78.70, a price-to-earnings-growth ratio of 1.29 and a beta of 0.79.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $674.25 million for the quarter, compared to the consensus estimate of $645.30 million. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%. The business's revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Equities analysts anticipate that American Healthcare REIT, Inc. will post 2.19 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, September 30th. American Healthcare REIT's dividend payout ratio (DPR) is 147.06%.

Insider Transactions at American Healthcare REIT

In related news, EVP Mark Foster sold 1,500 shares of the business's stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $52.06, for a total value of $78,090.00. Following the transaction, the executive vice president directly owned 50,117 shares of the company's stock, valued at approximately $2,609,091.02. The trade was a 2.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.75% of the company's stock.

Institutional Investors Weigh In On American Healthcare REIT

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp bought a new stake in shares of American Healthcare REIT during the second quarter valued at approximately $77,999,000. Bank of America Corp DE lifted its holdings in shares of American Healthcare REIT by 28.1% in the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company's stock worth $152,638,000 after buying an additional 710,601 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of American Healthcare REIT by 33.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company's stock worth $126,524,000 after buying an additional 666,820 shares in the last quarter. Engineers Gate Manager LP boosted its position in shares of American Healthcare REIT by 683.1% during the second quarter. Engineers Gate Manager LP now owns 563,166 shares of the company's stock worth $29,369,000 after acquiring an additional 491,249 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of American Healthcare REIT by 4.5% during the second quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company's stock worth $451,559,000 after acquiring an additional 375,063 shares during the last quarter. 16.68% of the stock is owned by hedge funds and other institutional investors.

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.

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