American Healthcare REIT, Inc. Declares Quarterly Dividend of $0.25 (NYSE:AHR)

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.25 per share on Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Monday, March 31st.

American Healthcare REIT Stock Performance

AHR stock opened at $30.40 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT has a twelve month low of $12.81 and a twelve month high of $30.97. The business’s fifty day moving average is $28.99 and its 200-day moving average is $27.55. The company has a market cap of $4.79 billion and a P/E ratio of -63.32.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AHR. JMP Securities set a $35.00 target price on American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley increased their target price on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an “overweight” rating in a report on Tuesday. Royal Bank of Canada restated an “outperform” rating and issued a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Finally, Citigroup reiterated an “outperform” rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $32.17.

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.