American Healthcare REIT (AHR) Expected to Announce Quarterly Earnings on Thursday

American Healthcare REIT (NYSE:AHR) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $552.54 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

American Healthcare REIT Stock Performance

AHR stock opened at $27.64 on Thursday. The stock has a 50-day moving average price of $28.25 and a 200-day moving average price of $25.74. American Healthcare REIT has a 1-year low of $12.81 and a 1-year high of $29.99. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm has a market cap of $4.23 billion and a PE ratio of -57.59.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.62%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

Wall Street Analysts Forecast Growth

AHR has been the subject of several research analyst reports. Morgan Stanley lifted their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, December 30th. Royal Bank of Canada raised their target price on American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Truist Financial raised their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, American Healthcare REIT currently has an average rating of “Moderate Buy” and an average target price of $26.00.

American Healthcare REIT Company Profile

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.