American Healthcare REIT (AHR) Expected to Announce Quarterly Earnings on Thursday

American Healthcare REIT (NYSE:AHR) is expected to be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect American Healthcare REIT to post earnings of $0.40 per share and revenue of $552.54 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

American Healthcare REIT Trading Up 1.8 %

AHR opened at $27.81 on Tuesday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm has a 50-day moving average price of $28.21 and a 200-day moving average price of $26.04. American Healthcare REIT has a twelve month low of $12.81 and a twelve month high of $29.99.

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.60%. American Healthcare REIT’s payout ratio is -208.33%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AHR. Morgan Stanley lifted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Truist Financial upped their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Royal Bank of Canada boosted their target price on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, American Healthcare REIT has a consensus rating of “Moderate Buy” and an average price target of $26.00.

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.