American Healthcare REIT (AHR) Scheduled to Post Quarterly Earnings on Tuesday

American Healthcare REIT (NYSE:AHR) is scheduled to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect American Healthcare REIT to post earnings of $0.32 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.28). The firm had revenue of $504.60 million for the quarter, compared to analyst estimates of $506.55 million. American Healthcare REIT had a negative return on equity of 2.20% and a negative net margin of 1.99%. American Healthcare REIT’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts expect American Healthcare REIT to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Healthcare REIT Trading Down 1.9 %

Shares of AHR stock opened at $25.67 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.29 and a current ratio of 0.29. American Healthcare REIT has a fifty-two week low of $12.63 and a fifty-two week high of $27.21. The company has a 50 day moving average price of $24.45 and a 200 day moving average price of $18.63.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend was Friday, September 20th.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Colliers Securities raised shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. Truist Financial increased their price objective on American Healthcare REIT from $22.00 to $27.00 and gave the company a “buy” rating in a report on Friday, September 20th. JMP Securities raised their price objective on shares of American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a report on Friday, September 20th. Morgan Stanley lifted their price target on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Finally, Bank of America lifted their target price on American Healthcare REIT from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.00.

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.