American Healthcare REIT (NYSE:AHR) Stock Price Expected to Rise, Truist Financial Analyst Says

American Healthcare REIT (NYSE:AHR) had its target price hoisted by Truist Financial from $38.00 to $44.00 in a research report released on Monday,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently issued reports on AHR. Robert W. Baird began coverage on American Healthcare REIT in a research report on Friday, July 18th. They set an “outperform” rating and a $41.00 target price on the stock. KeyCorp upped their price objective on American Healthcare REIT from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 11th. Jefferies Financial Group initiated coverage on American Healthcare REIT in a research note on Monday, April 28th. They issued a “buy” rating and a $37.00 target price on the stock. Scotiabank assumed coverage on shares of American Healthcare REIT in a report on Monday, June 30th. They issued a “sector outperform” rating and a $42.00 target price for the company. Finally, Royal Bank Of Canada raised their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $41.11.

American Healthcare REIT Stock Up 2.2%

Shares of American Healthcare REIT stock opened at $41.7750 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. The stock has a market cap of $7.04 billion, a price-to-earnings ratio of -189.89, a PEG ratio of 2.25 and a beta of 1.08. The firm’s 50-day moving average is $37.77 and its two-hundred day moving average is $33.33. American Healthcare REIT has a 1 year low of $19.47 and a 1 year high of $42.01.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The firm had revenue of $542.50 million during the quarter, compared to analysts’ expectations of $539.49 million. During the same quarter in the prior year, the company earned $0.33 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. As a group, research analysts expect that American Healthcare REIT will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT’s dividend payout ratio (DPR) is presently -454.55%.

Insider Buying and Selling

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the business’s stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $36.10, for a total transaction of $139,346.00. Following the sale, the executive owned 95,671 shares of the company’s stock, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On American Healthcare REIT

A number of large investors have recently made changes to their positions in the stock. Wolff Wiese Magana LLC acquired a new position in shares of American Healthcare REIT in the 1st quarter valued at $25,000. Darwin Wealth Management LLC acquired a new stake in American Healthcare REIT during the 2nd quarter worth about $31,000. Physician Wealth Advisors Inc. purchased a new stake in American Healthcare REIT during the 2nd quarter valued at about $34,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of American Healthcare REIT by 189.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company’s stock valued at $29,000 after purchasing an additional 633 shares during the period. Finally, Spirit of America Management Corp NY purchased a new position in shares of American Healthcare REIT in the first quarter worth about $30,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

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.