American Healthcare REIT (AHR) to Release Earnings on Monday

American Healthcare REIT (NYSE:AHR) is set to issue its quarterly earnings data after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

American Healthcare REIT Stock Performance

AHR stock opened at $13.73 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.19 and a current ratio of 0.19. American Healthcare REIT has a twelve month low of $12.63 and a twelve month high of $14.90. The firm has a 50 day moving average of $13.77.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend was Wednesday, March 27th.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, Director Mathieu B. Streiff acquired 83,333 shares of the company’s stock in a transaction on Friday, February 9th. The shares were acquired at an average cost of $12.00 per share, with a total value of $999,996.00. Following the completion of the acquisition, the director now directly owns 90,740 shares in the company, valued at $1,088,880. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Analysts Set New Price Targets

Several brokerages have recently commented on AHR. Barclays started coverage on shares of American Healthcare REIT in a report on Thursday, March 14th. They issued an “overweight” rating and a $18.00 target price for the company. Morgan Stanley started coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set an “overweight” rating and a $17.00 target price on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $16.00 target price on shares of American Healthcare REIT in a report on Monday, March 25th. KeyCorp began coverage on American Healthcare REIT in a report on Monday, March 4th. They set an “overweight” rating and a $16.00 price target on the stock. Finally, Royal Bank of Canada began coverage on American Healthcare REIT in a research note on Monday, March 4th. They issued an “outperform” rating and a $15.00 price objective for the company. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $15.88.

American Healthcare REIT Company Profile

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.