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

American Healthcare REIT (NYSE:AHR) will likely be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect American Healthcare REIT to post earnings of $0.40 per share and revenue of $552.54 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock opened at $27.81 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT has a 52-week low of $12.81 and a 52-week high of $29.99. The company’s 50 day moving average price is $28.21 and its 200-day moving average price is $26.04.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is -208.33%.

Wall Street Analyst Weigh In

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

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.