American Healthcare REIT (AHR) to Release Earnings on Monday

American Healthcare REIT (NYSE:AHR) will announce its earnings results after the market closes on Monday, August 5th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

American Healthcare REIT Stock Up 0.4 %

Shares of NYSE:AHR opened at $16.14 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.60. American Healthcare REIT has a 12-month low of $12.63 and a 12-month high of $16.93. The company’s 50-day moving average is $15.33.

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Thursday, June 27th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.00 annualized dividend and a dividend yield of 6.20%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AHR shares. JMP Securities reaffirmed a “market outperform” rating and set a $16.00 price objective on shares of American Healthcare REIT in a research report on Thursday, May 16th. Truist Financial reaffirmed a “buy” rating and issued a $17.00 target price (up previously from $16.00) on shares of American Healthcare REIT in a report on Monday, July 1st. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Insider Activity

In other news, CEO Danny Prosky acquired 25,000 shares of American Healthcare REIT stock in a transaction that occurred on Wednesday, May 22nd. The shares were bought at an average cost of $14.20 per share, with a total value of $355,000.00. Following the transaction, the chief executive officer now directly owns 108,333 shares of the company’s stock, valued at approximately $1,538,328.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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.