American Healthcare REIT (NYSE:AHR) Stock Picked Up by Analysts at Raymond James Financial

Equities research analysts at Raymond James Financial initiated coverage on shares of American Healthcare REIT (NYSE:AHR) in a report issued on Tuesday, Marketbeat.com reports. The firm set a “strong-buy” rating and a $62.00 price target on the stock. Raymond James Financial’s target price points to a potential upside of 17.13% from the company’s current price.

Several other research firms also recently weighed in on AHR. Citizens Jmp lifted their target price 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. Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a research report on Monday, September 14th. UBS Group lowered their price objective on shares of American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday. KeyCorp raised their price objective on shares of American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Finally, Zacks Research upgraded shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $62.00.

American Healthcare REIT Trading Up 1.0%

NYSE AHR opened at $52.93 on Tuesday. American Healthcare REIT has a 12 month low of $41.38 and a 12 month high of $58.70. The stock has a market capitalization of $11.54 billion, a P/E ratio of 78.05, a PEG ratio of 1.28 and a beta of 0.79. The firm’s 50-day moving average is $53.57 and its two-hundred day moving average is $51.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.48 and a quick ratio of 0.48.

American Healthcare REIT (NYSE:AHR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The firm had revenue of $674.25 million during the quarter, compared to analysts’ expectations of $645.30 million. During the same quarter last year, the company posted $0.42 EPS. The firm’s quarterly revenue 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, sell-side analysts anticipate that American Healthcare REIT will post 2.18 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Mark Foster sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the sale, the executive vice president directly owned 51,617 shares in the company, valued at approximately $2,859,065.63. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Mather Group LLC. acquired a new position in American Healthcare REIT in the third quarter valued at $53,000. West Wealth Group LLC increased its position in American Healthcare REIT by 20.5% in the 3rd quarter. West Wealth Group LLC now owns 10,136 shares of the company’s stock valued at $520,000 after acquiring an additional 1,722 shares during the period. Accel Wealth Management raised its stake in American Healthcare REIT by 8.8% during the 3rd quarter. Accel Wealth Management now owns 16,817 shares of the company’s stock valued at $862,000 after acquiring an additional 1,360 shares during the last quarter. First Heartland Consultants Inc. raised its stake in American Healthcare REIT by 4.0% during the 3rd quarter. First Heartland Consultants Inc. now owns 6,196 shares of the company’s stock valued at $318,000 after acquiring an additional 241 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in American Healthcare REIT by 42.0% during the 3rd quarter. GAMMA Investing LLC now owns 4,635 shares of the company’s stock worth $238,000 after acquiring an additional 1,371 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

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.