American Healthcare REIT, Inc. (NYSE:AHR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $26.00.

Several equities analysts have issued reports on AHR shares. Truist Financial upped their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. Royal Bank of Canada upped their price target on American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, Morgan Stanley raised their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, December 30th.

American Healthcare REIT Stock Up 1.2 %

Shares of NYSE:AHR opened at $28.26 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT has a 52-week low of $12.63 and a 52-week high of $29.99. The company has a market capitalization of $4.33 billion and a PE ratio of -58.88. The company has a fifty day moving average of $28.18 and a 200-day moving average of $23.98.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.32 by ($0.35). American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The firm had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. The company’s revenue was up 12.8% compared to the same quarter last year. On average, equities analysts predict that American Healthcare REIT will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is -208.33%.

Institutional Trading of American Healthcare REIT

Several hedge funds have recently modified their holdings of the stock. Diversify Advisory Services LLC grew its holdings in American Healthcare REIT by 1.3% in the fourth quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock worth $955,000 after purchasing an additional 436 shares during the period. GAMMA Investing LLC grew its stake in shares of American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the period. Janney Montgomery Scott LLC increased its position in American Healthcare REIT by 4.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock valued at $395,000 after buying an additional 533 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in American Healthcare REIT by 34.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company’s stock worth $66,000 after buying an additional 654 shares during the period. Finally, Fiduciary Alliance LLC boosted its holdings in American Healthcare REIT by 8.0% in the fourth quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company’s stock worth $289,000 after acquiring an additional 754 shares in the last quarter. Institutional investors own 16.68% of the company’s stock.

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.