Scotiabank Lowers American Healthcare REIT (NYSE:AHR) Price Target to $51.00

American Healthcare REIT (NYSE:AHR) had its price objective cut by stock analysts at Scotiabank from $59.00 to $51.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “sector outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 10.98% from the stock’s current price.

A number of other analysts have also issued reports on the stock. Weiss Ratings lowered shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a report on Wednesday, June 10th. Royal Bank Of Canada boosted their target price on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. Truist Financial upped their target price on shares of American Healthcare REIT from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Finally, The Goldman Sachs Group set a $60.00 price target on shares of American Healthcare REIT in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.91.

American Healthcare REIT Stock Down 1.2%

Shares of NYSE:AHR traded down $0.57 during trading on Thursday, hitting $45.95. The company’s stock had a trading volume of 321,498 shares, compared to its average volume of 2,662,594. The company has a market capitalization of $8.86 billion, a PE ratio of 79.31, a PEG ratio of 1.57 and a beta of 0.80. American Healthcare REIT has a fifty-two week low of $35.46 and a fifty-two week high of $54.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The stock’s 50-day moving average price is $49.11 and its two-hundred day moving average price is $49.17.

American Healthcare REIT (NYSE:AHR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.34). The business had revenue of $650.77 million for the quarter, compared to analysts’ expectations of $667.57 million. American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.American Healthcare REIT’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.38 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, sell-side analysts expect that American Healthcare REIT will post 2.07 EPS for the current year.

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 dated Monday, June 1st. The shares were sold at an average price of $48.32, for a total transaction of $96,640.00. Following the completion of the sale, the executive vice president owned 55,495 shares of the company’s stock, valued at $2,681,518.40. This represents a 3.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.75% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On American Healthcare REIT

A number of large investors have recently bought and sold shares of AHR. Manning & Napier Advisors LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC acquired a new position in American Healthcare REIT during the 4th quarter valued at approximately $26,000. Kemnay Advisory Services Inc. acquired a new position in American Healthcare REIT during the 4th quarter valued at approximately $29,000. Optiver Holding B.V. grew its stake in American Healthcare REIT by 83.1% during the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after buying an additional 296 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in American Healthcare REIT in the fourth quarter worth $34,000. Institutional investors own 16.68% of the company’s stock.

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.