American Healthcare REIT (NYSE:AHR) Hits New 1-Year High – Time to Buy?

American Healthcare REIT, Inc. (NYSE:AHR)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $54.79 and last traded at $54.7880, with a volume of 284906 shares trading hands. The stock had previously closed at $53.65.

Analysts Set New Price Targets

Several analysts have issued reports on AHR shares. Royal Bank Of Canada upped their price target on shares of American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Weiss Ratings cut shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. Truist Financial lifted their price objective on American Healthcare REIT from $52.00 to $57.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Citigroup upgraded American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Monday, June 22nd. Finally, Scotiabank reduced their target price on American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $54.91.

American Healthcare REIT Stock Down 0.2%

The firm’s 50 day moving average is $49.51 and its two-hundred day moving average is $49.28. The stock has a market cap of $10.59 billion, a price-to-earnings ratio of 94.75, a P/E/G ratio of 1.84 and a beta of 0.77. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.28.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.34). The firm had revenue of $650.77 million for the quarter, compared to analyst estimates of $667.57 million. American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.American Healthcare REIT’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. On average, sell-side analysts predict that American Healthcare REIT, Inc. will post 2.07 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. American Healthcare REIT’s dividend payout ratio is presently 172.41%.

Insider Buying and Selling

In related news, CFO Brian Peay sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the sale, the chief financial officer owned 152,700 shares in the company, valued at approximately $7,741,890. This trade represents a 14.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 2,500 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total value of $121,450.00. Following the completion of the transaction, the executive vice president owned 52,995 shares of the company’s stock, valued at $2,574,497.10. This trade represents a 4.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 29,500 shares of company stock worth $1,485,590. 0.75% of the stock is owned by company insiders.

Hedge Funds Weigh In On American Healthcare REIT

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in American Healthcare REIT by 6.1% in the 4th quarter. Vanguard Group Inc. now owns 24,974,195 shares of the company’s stock worth $1,175,286,000 after buying an additional 1,444,456 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of American Healthcare REIT by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company’s stock valued at $350,079,000 after acquiring an additional 228,739 shares during the last quarter. State Street Corp increased its stake in shares of American Healthcare REIT by 3.0% during the 4th quarter. State Street Corp now owns 7,085,670 shares of the company’s stock valued at $335,174,000 after acquiring an additional 208,623 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of American Healthcare REIT by 2,984.1% during the 4th quarter. Royal Bank of Canada now owns 6,161,549 shares of the company’s stock worth $289,962,000 after acquiring an additional 5,961,767 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of American Healthcare REIT by 3.3% during the 4th quarter. Invesco Ltd. now owns 5,531,582 shares of the company’s stock worth $260,316,000 after acquiring an additional 177,033 shares during the period. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Company Profile

American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare‐related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long‐term net lease or triple‐net lease structures designed to provide stable, predictable rental income.

Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high‐growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.