American Healthcare REIT, Inc. (AHR) to Issue Quarterly Dividend of $0.25 on January 17th

American Healthcare REIT, Inc. (NYSE:AHR) announced a quarterly dividend on Wednesday, December 18th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.25 per share on Friday, January 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date is Tuesday, December 31st.

American Healthcare REIT Stock Down 0.6 %

Shares of AHR opened at $27.21 on Friday. The business’s fifty day moving average price is $27.08 and its two-hundred day moving average price is $21.74. The firm has a market capitalization of $4.16 billion and a price-to-earnings ratio of -56.69. American Healthcare REIT has a 52 week low of $12.63 and a 52 week high of $29.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm had revenue of $523.81 million during the quarter, compared to analyst estimates of $474.26 million. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. On average, analysts predict that American Healthcare REIT will post 1.42 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on AHR shares. Morgan Stanley lifted their target price on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Colliers Securities upgraded American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Truist Financial increased their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Bank of America upped their price target on American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Finally, JMP Securities lifted their price objective on shares of American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a research note on Friday, September 20th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, American Healthcare REIT has an average rating of “Moderate Buy” and a consensus target price of $25.13.

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.