American Healthcare REIT (NYSE:AHR) Stock Rating Raised to “Strong-Buy” at Raymond James Financial

Raymond James Financial upgraded shares of American Healthcare REIT (NYSE:AHR) to a strong-buy rating in a research report released on Tuesday morning,Zacks reports.

A number of other brokerages also recently issued reports on AHR. Zacks Research raised shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Citizens Jmp raised their target price on shares of American Healthcare REIT from $60.00 to $65.00 and gave the stock a “market outperform” rating in a research report on Monday, July 27th. Compass Point began coverage on shares of American Healthcare REIT in a research note on Tuesday, July 21st. They set a “buy” rating and a $70.00 target price on the stock. Citigroup reiterated a “market outperform” rating on shares of American Healthcare REIT in a research report on Monday, September 14th. Finally, Truist Financial increased their price target on shares of American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $62.00.

American Healthcare REIT Price Performance

Shares of AHR stock opened at $52.49 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.48 and a current ratio of 0.48. American Healthcare REIT has a fifty-two week low of $41.15 and a fifty-two week high of $58.70. The firm has a market cap of $11.44 billion, a P/E ratio of 77.19, a P/E/G ratio of 1.28 and a beta of 0.79. The business’s 50 day moving average price is $53.63 and its 200-day moving average price is $51.77.

American Healthcare REIT (NYSE:AHR) last announced its earnings results on Thursday, August 6th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%. The company had revenue of $674.25 million during the quarter, compared to the consensus estimate of $645.30 million. During the same quarter in the prior year, the company earned $0.42 earnings per share. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. On average, equities research analysts anticipate that American Healthcare REIT will post 2.18 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, September 30th. American Healthcare REIT’s dividend payout ratio is presently 147.06%.

Insiders Place Their Bets

In other American Healthcare REIT news, EVP Mark Foster sold 1,500 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $52.06, for a total value of $78,090.00. Following the completion of the transaction, the executive vice president owned 50,117 shares in the company, valued at approximately $2,609,091.02. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is currently owned by insiders.

Institutional Trading of American Healthcare REIT

A number of hedge funds have recently modified their holdings of AHR. Outlook Capital Management LLC bought a new position in American Healthcare REIT in the 2nd quarter worth about $25,000. Manning & Napier Advisors LLC bought a new stake in American Healthcare REIT during the 1st quarter valued at about $26,000. EverSource Wealth Advisors LLC increased its stake in American Healthcare REIT by 193.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,032 shares of the company’s stock valued at $49,000 after purchasing an additional 680 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in American Healthcare REIT by 402.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,461 shares of the company’s stock valued at $69,000 after purchasing an additional 1,170 shares in the last quarter. Finally, Independence Bank of Kentucky purchased a new position in American Healthcare REIT in the second quarter worth about $83,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Company Profile

American Healthcare REIT, Inc (NYSE:AHR) is a real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to provide real estate solutions for healthcare providers and operators while generating rental and operating income from a diversified portfolio.

Its portfolio includes outpatient medical properties, senior housing communities, skilled nursing facilities, hospitals and other healthcare assets. American Healthcare REIT also has exposure to healthcare operating businesses, including senior living and care services, through its relationship with Trilogy Health Services.