American Healthcare REIT (AHR) to Release Earnings on Monday

American Healthcare REIT (NYSE:AHR) is set to release its earnings data after the market closes on Monday, August 5th. Analysts expect American Healthcare REIT to post earnings of $0.29 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

American Healthcare REIT Trading Up 0.4 %

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

American Healthcare REIT Announces Dividend

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

Insider Activity

In other news, CEO Danny Prosky acquired 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were purchased at an average price of $14.20 per share, for a total transaction of $355,000.00. Following the completion of the acquisition, the chief executive officer now owns 108,333 shares of the company’s stock, valued at approximately $1,538,328.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of recent research reports. Truist Financial reissued a “buy” rating and set a $17.00 target price (up from $16.00) on shares of American Healthcare REIT in a research report on Monday, July 1st. JMP Securities reissued a “market outperform” rating and issued a $16.00 price target on shares of American Healthcare REIT in a report on Thursday, May 16th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

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.