American Healthcare REIT (NYSE:AHR) Price Target Raised to $71.00

American Healthcare REIT (NYSE:AHR) had its price objective boosted by UBS Group from $62.00 to $71.00 in a report issued on Wednesday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on the stock. Zacks Research upgraded shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Citigroup increased their price target on shares of American Healthcare REIT from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Tuesday. Citizens Jmp lifted their price objective on American Healthcare REIT from $60.00 to $65.00 and gave the company a “market outperform” rating in a research report on Monday, July 27th. Scotiabank upped their target price on shares of American Healthcare REIT from $56.00 to $62.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Finally, Barclays lowered their target price on shares of American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating and thirteen have assigned a Buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $64.00.

American Healthcare REIT Price Performance

AHR stock opened at $57.71 on Wednesday. American Healthcare REIT has a 1 year low of $44.81 and a 1 year high of $59.54. The company has a market cap of $13.39 billion, a P/E ratio of 28.19, a PEG ratio of 1.39 and a beta of 0.78. The firm has a 50-day moving average of $53.38 and a 200 day moving average of $51.95. 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 (NYSE:AHR) last announced its quarterly earnings data 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 return on equity of 2.38% and a net margin of 3.61%. The business had revenue of $742.15 million during the quarter, compared to analyst estimates of $703.51 million. During the same quarter last year, the firm posted $0.44 earnings per share. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. On average, sell-side analysts forecast that American Healthcare REIT will post 2.26 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 30th. American Healthcare REIT’s dividend payout ratio is presently 204.08%.

Insider Buying and Selling at American Healthcare REIT

In other news, EVP Mark Foster sold 1,500 shares of American Healthcare REIT 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 transaction, the executive vice president directly owned 50,117 shares in the company, valued at approximately $2,609,091.02. This trade represents a 2.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Scott Estes sold 2,500 shares of American Healthcare REIT stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $59.32, for a total value of $148,300.00. Following the completion of the transaction, the director owned 18,989 shares in the company, valued at $1,126,427.48. This trade represents a 11.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,000 shares of company stock worth $337,170 in the last ninety days. Insiders own 0.75% of the company’s stock.

Institutional Trading of American Healthcare REIT

A number of institutional investors have recently bought and sold shares of the stock. North Dakota State Investment Board grew its stake in American Healthcare REIT by 3.9% in the 3rd quarter. North Dakota State Investment Board now owns 5,845 shares of the company’s stock valued at $300,000 after acquiring an additional 220 shares during the last quarter. Sigma Planning Corp raised 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 valued at $716,000 after acquiring an additional 222 shares during the last quarter. GAMMA Investing LLC lifted its position in American Healthcare REIT by 7.3% during the second quarter. GAMMA Investing LLC now owns 3,264 shares of the company’s stock worth $170,000 after buying an additional 222 shares during the period. Composition Wealth LLC lifted its holdings in shares of American Healthcare REIT by 5.0% during 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 period. Finally, First Heartland Consultants Inc. boosted its holdings in shares of American Healthcare REIT by 4.0% in the 3rd quarter. First Heartland Consultants Inc. now owns 6,196 shares of the company’s stock valued at $318,000 after purchasing an additional 241 shares during the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.

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.