American Healthcare REIT, Inc. (NYSE:AHR) Plans $0.25 Quarterly Dividend

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.25 per share on Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Monday, March 31st.

American Healthcare REIT Trading Down 0.9 %

NYSE AHR traded down $0.28 on Thursday, hitting $29.86. The company’s stock had a trading volume of 1,823,834 shares, compared to its average volume of 1,619,017. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT has a 52-week low of $12.81 and a 52-week high of $30.97. The firm has a market cap of $4.70 billion and a P/E ratio of -62.20. The company’s 50-day simple moving average is $28.68 and its 200 day simple moving average is $27.18.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Morgan Stanley increased their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. JMP Securities set a $35.00 price target on American Healthcare REIT in a research report on Tuesday, March 4th. Royal Bank of Canada reissued an “outperform” rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday. Finally, Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, American Healthcare REIT currently has a consensus rating of “Buy” and an average target price of $30.83.

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.