American Healthcare REIT (NYSE:AHR) Stock Rating Raised to “Strong-Buy” at Raymond James Financial

American Healthcare REIT (NYSE:AHR) was upgraded by stock analysts at Raymond James Financial to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

A number of other equities research analysts have also recently commented on the stock. Citigroup reaffirmed a “market outperform” rating on shares of American Healthcare REIT in a report on Monday, September 14th. Compass Point initiated coverage on American Healthcare REIT in a research note on Tuesday, July 21st. They issued a “buy” rating and a $70.00 target price on the stock. KeyCorp upped their price target on American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Truist Financial increased their price target on American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Scotiabank lifted their price objective on American Healthcare REIT from $56.00 to $62.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $62.00.

American Healthcare REIT Trading Down 0.1%

NYSE AHR opened at $52.49 on Tuesday. The business’s fifty day moving average is $53.63 and its 200-day moving average is $51.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.48 and a quick ratio of 0.48. The stock has a market capitalization of $11.44 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.28 and a beta of 0.79. American Healthcare REIT has a one year low of $41.15 and a one year high of $58.70.

American Healthcare REIT (NYSE:AHR) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $674.25 million during the quarter, compared to analyst estimates of $645.30 million. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Equities research analysts predict that American Healthcare REIT will post 2.18 EPS for the current year.

Insider Activity at American Healthcare REIT

In related news, EVP Mark Foster sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $52.06, for a total value of $78,090.00. Following the completion of the transaction, the executive vice president directly owned 50,117 shares of the company’s stock, valued at approximately $2,609,091.02. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On American Healthcare REIT

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP boosted its holdings in shares of American Healthcare REIT by 4.5% in the second quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock worth $451,559,000 after acquiring an additional 375,063 shares during the period. Principal Financial Group Inc. grew its position in shares of American Healthcare REIT by 3.2% in the first quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company’s stock valued at $350,079,000 after purchasing an additional 228,739 shares in the last quarter. WCM Investment Management LLC raised its stake in shares of American Healthcare REIT by 0.5% during the 1st quarter. WCM Investment Management LLC now owns 3,425,295 shares of the company’s stock valued at $160,749,000 after purchasing an additional 17,020 shares during the period. Bank of America Corp DE raised its stake in shares of American Healthcare REIT by 28.1% during the 1st quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock valued at $152,638,000 after purchasing an additional 710,601 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of American Healthcare REIT by 33.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock valued at $126,524,000 after purchasing an additional 666,820 shares during the period. Institutional investors own 16.68% of the company’s stock.

About American Healthcare REIT

American Healthcare REIT, Inc (NYSE:AHR) is a real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to provide real estate solutions for healthcare providers and operators while generating rental and operating income from a diversified portfolio.

Its portfolio includes outpatient medical properties, senior housing communities, skilled nursing facilities, hospitals and other healthcare assets. American Healthcare REIT also has exposure to healthcare operating businesses, including senior living and care services, through its relationship with Trilogy Health Services.