American Healthcare REIT (NYSE:AHR) Given New $59.00 Price Target at Scotiabank

American Healthcare REIT (NYSE:AHR) had its target price boosted by Scotiabank from $55.00 to $59.00 in a research report released on Wednesday morning,Benzinga reports. Scotiabank currently has a sector outperform rating on the stock.

A number of other analysts have also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, January 21st. Citigroup restated a “market outperform” rating on shares of American Healthcare REIT in a research note on Monday, March 2nd. Citizens Jmp restated a “market outperform” rating and set a $60.00 price target on shares of American Healthcare REIT in a report on Thursday, February 5th. KeyCorp lifted their price objective on shares of American Healthcare REIT from $43.00 to $55.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $53.25.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $52.81 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.41 and a quick ratio of 0.41. American Healthcare REIT has a fifty-two week low of $26.48 and a fifty-two week high of $54.67. The stock’s 50-day moving average is $49.51 and its two-hundred day moving average is $46.77. The firm has a market cap of $9.34 billion, a P/E ratio of 128.80, a PEG ratio of 2.45 and a beta of 0.95.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.40). The firm had revenue of $604.08 million for the quarter, compared to analyst estimates of $617.49 million. American Healthcare REIT had a net margin of 3.09% and a return on equity of 2.57%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 1.990-2.050 EPS. Analysts predict that American Healthcare REIT will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Wednesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.9%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is 243.90%.

Insider Buying and Selling

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $48.38, for a total transaction of $1,720,876.60. Following the completion of the transaction, the director owned 19,208 shares of the company’s stock, valued at $929,283.04. The trade was a 64.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On American Healthcare REIT

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC bought a new stake in American Healthcare REIT during the 4th quarter valued at approximately $26,000. Kemnay Advisory Services Inc. acquired a new stake in American Healthcare REIT in the 4th quarter valued at approximately $29,000. Optiver Holding B.V. increased its position in American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after buying an additional 296 shares during the period. Trust Co. of Vermont bought a new position in American Healthcare REIT in the 3rd quarter worth approximately $28,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of American Healthcare REIT during the fourth quarter worth approximately $34,000. 16.68% of the stock is 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.