American Healthcare REIT, Inc. (NYSE:AHR) Stock Rated “Buy” by Sell-Side Brokerages

American Healthcare REIT, Inc. (NYSE:AHR) has been assigned a consensus rating of “Buy” from the fifteen research firms that are presently covering the stock, MarketBeat.com reports. Thirteen analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $63.31.

Several brokerages have commented on AHR. Raymond James Financial reissued a “strong-buy” rating and issued a $72.00 price target on shares of American Healthcare REIT in a report on Tuesday. Royal Bank Of Canada upped their price target on shares of American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a report on Tuesday. Citigroup upped their price target on shares of American Healthcare REIT from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Tuesday. KeyCorp increased their price objective on American Healthcare REIT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Compass Point initiated coverage on American Healthcare REIT in a research note on Tuesday, July 21st. They set a “buy” rating and a $70.00 price objective for the company.

American Healthcare REIT Trading Up 0.7%

Shares of AHR stock opened at $59.36 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.53 and a quick ratio of 0.48. American Healthcare REIT has a 1 year low of $44.81 and a 1 year high of $59.53. The stock has a market capitalization of $12.94 billion, a price-to-earnings ratio of 121.14, a PEG ratio of 1.40 and a beta of 0.78. The company’s fifty day simple moving average is $53.24 and its two-hundred day simple moving average is $51.76.

American Healthcare REIT (NYSE:AHR) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. American Healthcare REIT had a return on equity of 2.38% and a net margin of 3.61%. The business had revenue of $742.15 million for the quarter, compared to analysts’ expectations of $703.51 million. During the same quarter in the prior year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, analysts anticipate that American Healthcare REIT will post 2.25 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 30th. American Healthcare REIT’s payout ratio is currently 204.08%.

Insider Buying and Selling at American Healthcare REIT

In related news, EVP Mark E. Foster sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $55.39, for a total value of $110,780.00. Following the completion of the sale, the executive vice president owned 51,617 shares in the company, valued at $2,859,065.63. The trade was a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Scott A. Estes sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $59.32, for a total value of $148,300.00. Following the completion of the sale, the director owned 18,989 shares of the company’s stock, valued at $1,126,427.48. The trade was a 11.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock valued at $337,170 over the last quarter. 0.75% of the stock is owned by company insiders.

Institutional Investors Weigh In On American Healthcare REIT

Institutional investors have recently made changes to their positions in the business. North Dakota State Investment Board boosted its position in American Healthcare REIT by 3.9% during the third quarter. North Dakota State Investment Board now owns 5,845 shares of the company’s stock valued at $300,000 after buying an additional 220 shares during the period. Sigma Planning Corp grew its holdings in American Healthcare REIT by 1.5% in the 1st quarter. Sigma Planning Corp now owns 15,191 shares of the company’s stock worth $716,000 after acquiring an additional 222 shares during the last quarter. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 7.3% in the 2nd quarter. GAMMA Investing LLC now owns 3,264 shares of the company’s stock worth $170,000 after acquiring an additional 222 shares during the last quarter. Composition Wealth LLC grew its holdings in American Healthcare REIT by 5.0% in the 3rd quarter. Composition Wealth LLC now owns 4,662 shares of the company’s stock worth $239,000 after acquiring an additional 224 shares during the last quarter. Finally, First Heartland Consultants Inc. increased its position in shares of American Healthcare REIT by 4.0% in the third quarter. First Heartland Consultants Inc. now owns 6,196 shares of the company’s stock valued at $318,000 after acquiring an additional 241 shares during the period. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Company Profile

American Healthcare REIT is a real estate investment trust focused on healthcare-related properties. Its portfolio includes senior housing and care communities, skilled nursing facilities, outpatient medical buildings, and integrated senior health campuses. The company owns and operates properties across the United States and the United Kingdom. Its facilities support a range of healthcare and senior living services, including assisted living, memory care, and post-acute care. American Healthcare REIT began trading on the New York Stock Exchange in 2024.