American Healthcare REIT (AHR) Set to Announce Earnings on Monday

American Healthcare REIT (NYSE:AHR) will 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. Parties that are interested in registering for the company’s conference call can do so using this link.

American Healthcare REIT Stock Down 1.7 %

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

American Healthcare REIT Dividend Announcement

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

Insiders Place Their Bets

In related news, Director Mathieu B. Streiff acquired 83,333 shares of the stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $12.00 per share, for a total transaction of $999,996.00. Following the completion of the purchase, the director now owns 90,740 shares of the company’s stock, valued at approximately $1,088,880. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Wall Street Analysts Forecast Growth

AHR has been the subject of several recent research reports. Royal Bank of Canada assumed coverage on American Healthcare REIT in a research report on Monday, March 4th. They issued an “outperform” rating and a $15.00 price target for the company. Barclays assumed coverage on shares of American Healthcare REIT in a research report on Thursday, March 14th. They set an “overweight” rating and a $18.00 price target for the company. Citigroup began coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They issued a “neutral” rating and a $14.00 price objective on the stock. Morgan Stanley initiated 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 for the company. Finally, Bank of America assumed coverage on shares of American Healthcare REIT in a report on Monday, March 4th. They issued a “buy” rating and a $15.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $15.88.

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.