American Healthcare REIT, Inc. (NYSE:AHR) Stock Has Average Price Target of $62.00 According to Analysts

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have received a consensus rating of “Buy” from the fifteen brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, twelve have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $62.00.

AHR has been the subject of a number of recent research reports. Truist Financial boosted their target price 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. UBS Group reduced their price target on American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th. Citigroup reaffirmed a “market outperform” rating on shares of American Healthcare REIT in a research note on Monday, September 14th. Royal Bank Of Canada boosted their price objective on American Healthcare REIT from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Barclays lowered their price objective on American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th.

Insider Activity at American Healthcare REIT

In related news, EVP Mark Foster sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total transaction of $110,780.00. Following the completion of the sale, the executive vice president directly owned 51,617 shares in the company, valued at $2,859,065.63. This represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.75% of the stock is currently owned by insiders.

Institutional Investors Weigh In On American Healthcare REIT

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new position in shares of American Healthcare REIT during the second quarter valued at about $77,999,000. Bank of America Corp DE boosted its holdings in shares of American Healthcare REIT by 28.1% during the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock worth $152,638,000 after purchasing an additional 710,601 shares during the period. Dimensional Fund Advisors LP grew its stake 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 purchasing an additional 666,820 shares during the last quarter. Engineers Gate Manager LP grew its stake in shares of American Healthcare REIT by 683.1% in 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, Wellington Management Group LLP increased its holdings in American Healthcare REIT by 4.5% during the 2nd quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock valued at $451,559,000 after purchasing an additional 375,063 shares during the period. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Performance

NYSE AHR opened at $54.90 on Wednesday. The company has a 50-day simple moving average of $53.09 and a two-hundred day simple moving average of $51.51. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.24. American Healthcare REIT has a 12-month low of $44.81 and a 12-month high of $58.70. The firm has a market cap of $11.97 billion, a price-to-earnings ratio of 80.74, a PEG ratio of 1.31 and a beta of 0.78.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The firm had revenue of $674.25 million for the quarter, compared to analysts’ expectations of $645.30 million. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same period last year, the firm earned $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. On average, equities analysts forecast that American Healthcare REIT will post 2.19 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, September 30th. American Healthcare REIT’s payout ratio is presently 147.06%.

American Healthcare REIT Company Profile

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.