American Healthcare REIT, Inc. (AHR) To Go Ex-Dividend on December 31st

American Healthcare REIT, Inc. (NYSE:AHR) announced a quarterly dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders 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 yield of 3.51%. The ex-dividend date of this dividend is Tuesday, December 31st.

American Healthcare REIT Stock Down 0.5 %

AHR stock opened at $28.48 on Friday. The business’s 50-day moving average price is $27.48 and its 200-day moving average price is $22.36. The stock has a market cap of $4.36 billion and a P/E ratio of -59.33. American Healthcare REIT has a twelve month low of $12.63 and a twelve month high of $29.99. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59.

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

Wall Street Analyst Weigh In

A number of research firms have commented on AHR. Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Bank of America lifted their target price 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. Truist Financial upped their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. KeyCorp lifted their price objective on shares of American Healthcare REIT from $16.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, September 16th. Finally, JMP Securities upped their target price on shares of American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a research report on Friday, September 20th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.