American Healthcare REIT, Inc. (NYSE:AHR – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $18.38.
A number of equities analysts recently weighed in on the company. Morgan Stanley increased their price target on American Healthcare REIT from $17.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. JMP Securities raised their target price on shares of American Healthcare REIT from $16.00 to $18.00 and gave the stock a “market outperform” rating in a report on Wednesday, August 7th. Truist Financial restated a “buy” rating and issued a $17.00 price target (up previously from $16.00) on shares of American Healthcare REIT in a research report on Monday, July 1st. Finally, Bank of America lifted their price objective on shares of American Healthcare REIT from $19.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th.
View Our Latest Stock Report on AHR
Institutional Inflows and Outflows
American Healthcare REIT Stock Up 1.5 %
Shares of NYSE AHR opened at $20.93 on Monday. American Healthcare REIT has a 1 year low of $12.63 and a 1 year high of $21.45. The stock has a fifty day moving average price of $17.02 and a two-hundred day moving average price of $15.05. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.60.
American Healthcare REIT (NYSE:AHR – Get Free Report) last released its earnings results on Monday, August 5th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.28). The business had revenue of $504.60 million during the quarter, compared to the consensus estimate of $506.55 million. American Healthcare REIT had a negative return on equity of 3.26% and a negative net margin of 2.77%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. As a group, equities analysts forecast that American Healthcare REIT will post 1.2 earnings per share for the current fiscal year.
American Healthcare REIT Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 19th. Stockholders of record on Thursday, June 27th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date was Thursday, June 27th.
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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