Compass Point upgraded shares of American Healthcare REIT (NYSE:AHR – Free Report) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.
Other analysts also recently issued research reports about the stock. KeyCorp lifted their target price on shares of American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Barclays assumed coverage on American Healthcare REIT in a research report on Tuesday, July 7th. They set an “overweight” rating and a $61.00 price target for the company. Royal Bank Of Canada lifted their price objective on American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Citigroup upgraded American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective on the stock in a report on Monday, June 22nd. Finally, Scotiabank decreased their target price on American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $58.42.
Get Our Latest Stock Report on AHR
American Healthcare REIT Trading Up 1.7%
American Healthcare REIT (NYSE:AHR – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. The company had revenue of $650.77 million during the quarter, compared to analysts’ expectations of $667.57 million. During the same period last year, the firm posted $0.38 earnings per share. American Healthcare REIT’s revenue was up 20.4% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. On average, analysts predict that American Healthcare REIT will post 2.07 EPS for the current year.
American Healthcare REIT Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio is presently 172.41%.
Insider Buying and Selling
In other American Healthcare REIT news, CFO Brian Peay sold 25,000 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the sale, the chief financial officer directly owned 152,700 shares in the company, valued at $7,741,890. This represents a 14.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark E. Foster sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the transaction, the executive vice president directly owned 52,995 shares of the company’s stock, valued at $2,574,497.10. This represents a 4.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 29,500 shares of company stock worth $1,485,590. 0.75% of the stock is owned by company insiders.
Institutional Trading of American Healthcare REIT
Several hedge funds have recently modified their holdings of AHR. Royal Bank of Canada grew its stake in American Healthcare REIT by 2,984.1% during the 4th quarter. Royal Bank of Canada now owns 6,161,549 shares of the company’s stock worth $289,962,000 after purchasing an additional 5,961,767 shares in the last quarter. Norges Bank purchased a new stake in American Healthcare REIT during the 4th quarter worth about $120,403,000. Balyasny Asset Management L.P. raised its position in American Healthcare REIT by 354.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 2,153,129 shares of the company’s stock valued at $101,326,000 after purchasing an additional 1,678,850 shares in the last quarter. Federated Hermes Inc. raised its position in American Healthcare REIT by 130.1% in the 4th quarter. Federated Hermes Inc. now owns 2,557,850 shares of the company’s stock valued at $120,372,000 after purchasing an additional 1,445,987 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of American Healthcare REIT by 6.1% in the 4th quarter. Vanguard Group Inc. now owns 24,974,195 shares of the company’s stock valued at $1,175,286,000 after buying an additional 1,444,456 shares during the period. 16.68% of the stock is currently owned by institutional investors and hedge funds.
American Healthcare REIT Company Profile
American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare‐related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long‐term net lease or triple‐net lease structures designed to provide stable, predictable rental income.
Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high‐growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.
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