American Healthcare REIT, Inc. (AHR) To Go Ex-Dividend on September 20th

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Friday, September 6th, Wall Street Journal reports. Investors of record on Friday, September 20th will be given a dividend of 0.25 per share on Friday, October 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Friday, September 20th.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $24.29 on Wednesday. The firm has a fifty day simple moving average of $18.87 and a two-hundred day simple moving average of $15.84. American Healthcare REIT has a 52 week low of $12.63 and a 52 week high of $25.10. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.29 and a quick ratio of 0.29.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Monday, August 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.28). American Healthcare REIT had a negative return on equity of 2.20% and a negative net margin of 1.99%. The company had revenue of $504.60 million during the quarter, compared to analysts’ expectations of $506.55 million. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, sell-side analysts predict that American Healthcare REIT will post 1.28 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on AHR. Morgan Stanley boosted their price objective on shares of American Healthcare REIT from $17.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Bank of America boosted their price target on American Healthcare REIT from $19.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. JMP Securities increased their target price on shares of American Healthcare REIT from $16.00 to $18.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 7th. KeyCorp raised their price target on American Healthcare REIT from $16.00 to $27.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Truist Financial upped their price objective on shares of American Healthcare REIT from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $20.38.

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.