Shares of American Healthcare REIT, Inc. (NYSE:AHR – Get Free Report) have been assigned an average recommendation of “Buy” from the fifteen research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $62.00.
AHR has been the subject of several recent analyst reports. Barclays decreased their target price on shares of American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating for the company in a report on Tuesday. Weiss Ratings downgraded shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Compass Point assumed coverage on shares of American Healthcare REIT in a research note on Tuesday, July 21st. They issued a “buy” rating and a $70.00 price objective for the company. Raymond James Financial initiated coverage on shares of American Healthcare REIT in a research report on Tuesday. They set a “strong-buy” rating and a $62.00 price objective on the stock. Finally, UBS Group cut their target price on shares of American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday.
American Healthcare REIT Trading Down 0.2%
American Healthcare REIT (NYSE:AHR – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. The company had revenue of $674.25 million for the quarter, compared to analysts’ expectations of $645.30 million. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The business’s revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, equities research analysts expect that American Healthcare REIT will post 2.18 EPS for the current fiscal year.
American Healthcare REIT Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.9%. American Healthcare REIT’s dividend payout ratio is currently 147.06%.
Insider Transactions at American Healthcare REIT
In other American Healthcare REIT news, EVP Mark Foster sold 1,500 shares of American Healthcare REIT stock in a transaction on Friday, September 25th. The shares were sold at an average price of $52.06, for a total transaction of $78,090.00. Following the completion of the sale, the executive vice president owned 50,117 shares of the company’s stock, valued at $2,609,091.02. This trade represents a 2.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.75% of the stock is currently owned by insiders.
Institutional Trading of American Healthcare REIT
Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new position in American Healthcare REIT during the second quarter worth about $77,999,000. Bank of America Corp DE increased its holdings in American Healthcare REIT by 28.1% in the 1st quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock valued at $152,638,000 after buying an additional 710,601 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of American Healthcare REIT by 33.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock worth $126,524,000 after acquiring an additional 666,820 shares in the last quarter. Engineers Gate Manager LP lifted its stake in 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 purchasing an additional 491,249 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of American Healthcare REIT during the 4th quarter worth $22,249,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.
American Healthcare REIT Company Profile
American Healthcare REIT, Inc (NYSE:AHR) is a real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to provide real estate solutions for healthcare providers and operators while generating rental and operating income from a diversified portfolio.
Its portfolio includes outpatient medical properties, senior housing communities, skilled nursing facilities, hospitals and other healthcare assets. American Healthcare REIT also has exposure to healthcare operating businesses, including senior living and care services, through its relationship with Trilogy Health Services.
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