American Healthcare REIT (NYSE:AHR) Stock: Insider Scott Estes Sells 2,500 Shares

American Healthcare REIT, Inc. (NYSE:AHR) Director Scott Estes sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $59.32, for a total transaction of $148,300.00. Following the completion of the transaction, the director owned 18,989 shares of the company’s stock, valued at approximately $1,126,427.48. The trade was a 11.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

American Healthcare REIT Trading Up 0.7%

Shares of AHR stock traded up $0.40 during trading hours on Tuesday, reaching $59.36. 3,438,194 shares of the stock traded hands, compared to its average volume of 3,010,128. American Healthcare REIT, Inc. has a 1-year low of $44.81 and a 1-year high of $59.53. The business has a fifty day moving average price of $53.15 and a 200 day moving average price of $51.70. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $12.94 billion, a PE ratio of 121.14, a PEG ratio of 1.38 and a beta of 0.78.

American Healthcare REIT (NYSE:AHR) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The business had revenue of $742.15 million during the quarter, compared to the consensus estimate of $703.51 million. During the same quarter in the prior year, the firm earned $0.44 EPS. The firm’s quarterly revenue was up 29.5% on a year-over-year basis. On average, equities research analysts forecast that American Healthcare REIT, Inc. 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. Shareholders of record on Wednesday, September 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 Wednesday, September 30th. American Healthcare REIT’s payout ratio is 204.08%.

Institutional Investors Weigh In On American Healthcare REIT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Landscape Capital Management L.L.C. acquired a new stake in shares of American Healthcare REIT during the 3rd quarter valued at $6,831,000. Composition Wealth LLC increased its stake in shares of American Healthcare REIT by 5.0% in the third 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. Voya Investment Management LLC increased its stake in shares of American Healthcare REIT by 36.4% in the third quarter. Voya Investment Management LLC now owns 1,356,055 shares of the company’s stock worth $69,511,000 after acquiring an additional 362,130 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of American Healthcare REIT by 19.5% in the third quarter. Global Retirement Partners LLC now owns 3,058 shares of the company’s stock worth $157,000 after acquiring an additional 498 shares during the last quarter. Finally, Cibc World Market Inc. purchased a new stake in shares of American Healthcare REIT during the third quarter worth $369,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AHR. Citizens Jmp increased their target price on American Healthcare REIT from $60.00 to $65.00 and gave the company a “market outperform” rating in a report on Monday, July 27th. KeyCorp lifted their price target on American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Citigroup upped their price target on American Healthcare REIT from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Tuesday. UBS Group reduced their price objective on American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, October 13th. Finally, Royal Bank Of Canada raised their price objective on American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the stock. According to MarketBeat, American Healthcare REIT presently has an average rating of “Buy” and a consensus price target of $63.31.

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.