American Healthcare REIT, Inc. (AHR) to Issue Quarterly Dividend of $0.25 on January 16th

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Tuesday, December 16th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.25 per share on Friday, January 16th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, December 31st.

American Healthcare REIT Trading Up 0.0%

AHR stock opened at $47.64 on Thursday. American Healthcare REIT has a 12 month low of $26.40 and a 12 month high of $51.01. The firm’s 50-day moving average is $46.80 and its 200 day moving average is $41.87. The company has a market capitalization of $8.43 billion, a PE ratio of 340.27, a P/E/G ratio of 1.98 and a beta of 0.93. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.44 and a quick ratio of 0.44.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. JMP Securities lifted their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research note on Friday, October 17th. Scotiabank upped their target price on American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Zacks Research upgraded American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Citizens Jmp upped their price objective on shares of American Healthcare REIT from $50.00 to $60.00 and gave the stock a “market outperform” rating in a research note on Monday, November 10th. Finally, UBS Group increased their target price on shares of American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $51.64.

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.